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Jyske Bank A/S (Jyske Bank A/S) Cyclically Adjusted PS Ratio : 3.98 (As of May. 22, 2024)


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What is Jyske Bank A/S Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Jyske Bank A/S's current share price is $76.50. Jyske Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $19.21. Jyske Bank A/S's Cyclically Adjusted PS Ratio for today is 3.98.

The historical rank and industry rank for Jyske Bank A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

JYSKF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.74   Max: 4.45
Current: 3.72

During the past years, Jyske Bank A/S's highest Cyclically Adjusted PS Ratio was 4.45. The lowest was 1.34. And the median was 2.74.

JYSKF's Cyclically Adjusted PS Ratio is ranked worse than
77.51% of 1196 companies
in the Banks industry
Industry Median: 2.4 vs JYSKF: 3.72

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Jyske Bank A/S's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.938. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $19.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jyske Bank A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jyske Bank A/S's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jyske Bank A/S Cyclically Adjusted PS Ratio Chart

Jyske Bank A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.07 2.83 3.43 3.40

Jyske Bank A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.55 3.81 3.70 3.40 3.98

Competitive Comparison of Jyske Bank A/S's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Jyske Bank A/S's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jyske Bank A/S's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jyske Bank A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jyske Bank A/S's Cyclically Adjusted PS Ratio falls into.



Jyske Bank A/S Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Jyske Bank A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.50/19.21
=3.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jyske Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jyske Bank A/S's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.938/118.4000*118.4000
=7.938

Current CPI (Mar. 2024) = 118.4000.

Jyske Bank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.774 99.700 10.420
201409 4.497 99.700 5.340
201412 3.420 99.400 4.074
201503 3.798 100.200 4.488
201506 4.689 100.300 5.535
201509 3.114 100.200 3.680
201512 4.349 99.800 5.160
201603 3.298 100.200 3.897
201606 3.823 100.600 4.499
201609 4.049 100.200 4.784
201612 4.378 100.300 5.168
201703 4.491 101.200 5.254
201706 3.979 101.200 4.655
201709 4.263 101.800 4.958
201712 4.394 101.300 5.136
201803 4.782 101.700 5.567
201806 4.293 102.300 4.969
201809 4.139 102.400 4.786
201812 3.597 102.100 4.171
201903 3.981 102.900 4.581
201906 3.769 102.900 4.337
201909 3.435 102.900 3.952
201912 4.977 102.900 5.727
202003 3.017 103.300 3.458
202006 5.043 103.200 5.786
202009 4.661 103.500 5.332
202012 5.470 103.400 6.264
202103 5.430 104.300 6.164
202106 5.181 105.000 5.842
202109 4.881 105.800 5.462
202112 5.137 106.600 5.706
202203 5.013 109.900 5.401
202206 4.752 113.600 4.953
202209 3.823 116.400 3.889
202212 7.096 115.900 7.249
202303 7.785 117.300 7.858
202306 7.489 116.400 7.618
202309 8.603 117.400 8.676
202312 9.569 116.700 9.708
202403 7.938 118.400 7.938

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Jyske Bank A/S  (OTCPK:JYSKF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Jyske Bank A/S Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Jyske Bank A/S's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jyske Bank A/S (Jyske Bank A/S) Business Description

Traded in Other Exchanges
Address
Vestergade 8-16, Silkeborg, DNK, 8600
Jyske Bank A/S is engaged in banking activities. Its subsidiaries provide other financial or accessory services. The company conducts mortgage-credit activities through Jyske Realkredit. The group's primary focus is Danish small and midsize enterprise and retail clients. Through its retail and commercial banking activities, Jyske offers a full range of financial services. Its segment consists of Banking Activities, Mortgage Activities, and Leasing Activities. The company operates in Denmark and Germany, where it earns the majority of its revenue from Denmark.

Jyske Bank A/S (Jyske Bank A/S) Headlines