GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Kuwait SAK (KUW:NBK) » Definitions » Cyclically Adjusted PS Ratio

National Bank of KuwaitK (KUW:NBK) Cyclically Adjusted PS Ratio : 6.69 (As of May. 23, 2024)


View and export this data going back to 1984. Start your Free Trial

What is National Bank of KuwaitK Cyclically Adjusted PS Ratio?

As of today (2024-05-23), National Bank of KuwaitK's current share price is KWD0.87. National Bank of KuwaitK's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was KWD0.13. National Bank of KuwaitK's Cyclically Adjusted PS Ratio for today is 6.69.

The historical rank and industry rank for National Bank of KuwaitK's Cyclically Adjusted PS Ratio or its related term are showing as below:

KUW:NBK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.22   Med: 7.65   Max: 9.58
Current: 6.98

During the past years, National Bank of KuwaitK's highest Cyclically Adjusted PS Ratio was 9.58. The lowest was 6.22. And the median was 7.65.

KUW:NBK's Cyclically Adjusted PS Ratio is ranked worse than
94.03% of 1190 companies
in the Banks industry
Industry Median: 2.41 vs KUW:NBK: 6.98

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.

National Bank of KuwaitK's adjusted revenue per share data for the three months ended in Mar. 2024 was KWD0.035. 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 KWD0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank of KuwaitK Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Bank of KuwaitK'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.

National Bank of KuwaitK Cyclically Adjusted PS Ratio Chart

National Bank of KuwaitK 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 8.97 7.12 8.07 8.50 6.96

National Bank of KuwaitK 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 8.14 7.43 7.08 6.96 7.21

Competitive Comparison of National Bank of KuwaitK's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, National Bank of KuwaitK'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.


National Bank of KuwaitK's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of KuwaitK's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Bank of KuwaitK's Cyclically Adjusted PS Ratio falls into.



National Bank of KuwaitK 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.

National Bank of KuwaitK's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.87/0.13
=6.69

* 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.

National Bank of KuwaitK's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, National Bank of KuwaitK'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)
=0.035/131.7762*131.7762
=0.035

Current CPI (Mar. 2024) = 131.7762.

National Bank of KuwaitK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.022 100.560 0.029
201409 0.021 100.428 0.028
201412 0.021 99.070 0.028
201503 0.021 99.621 0.028
201506 0.022 100.684 0.029
201509 0.021 100.392 0.028
201512 0.021 99.792 0.028
201603 0.021 100.470 0.028
201606 0.023 101.688 0.030
201609 0.022 101.861 0.028
201612 0.026 101.863 0.034
201703 0.024 102.862 0.031
201706 0.025 103.349 0.032
201709 0.026 104.136 0.033
201712 0.026 104.011 0.033
201803 0.026 105.290 0.033
201806 0.028 106.317 0.035
201809 0.027 106.507 0.033
201812 0.027 105.998 0.034
201903 0.027 107.251 0.033
201906 0.028 108.070 0.034
201909 0.027 108.329 0.033
201912 0.026 108.420 0.032
202003 0.027 108.902 0.033
202006 0.023 108.767 0.028
202009 0.026 109.815 0.031
202012 0.022 109.897 0.026
202103 0.027 111.754 0.032
202106 0.028 114.631 0.032
202109 0.027 115.734 0.031
202112 0.026 117.630 0.029
202203 0.026 121.301 0.028
202206 0.029 125.017 0.031
202209 0.033 125.227 0.035
202212 0.030 125.222 0.032
202303 0.032 127.348 0.033
202306 0.035 128.729 0.036
202309 0.036 129.860 0.037
202312 0.036 129.419 0.037
202403 0.035 131.776 0.035

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.


National Bank of KuwaitK  (KUW:NBK) 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.


National Bank of KuwaitK Cyclically Adjusted PS Ratio Related Terms

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


National Bank of KuwaitK (KUW:NBK) Business Description

Traded in Other Exchanges
N/A
Address
Al Shuhada Street, P.O. Box 95, Safat, Kuwait, KWT, 13001
National Bank of Kuwait SAK is a financial institution. The company's operating segment includes Consumer and Private Banking; Corporate Banking; Investment Banking and Asset Management; Islamic Banking Group centre and International.. It generates maximum revenue from the Consumer and Private Banking segment. The Consumer Banking segment provides a diversified range of products and services to individuals which include consumer loans, credit cards, deposits, foreign exchange, and other branch-related services. Geographically, it derives a majority of revenue from Kuwait and also has a presence in the Middle East and North Africa; Europe and Other Countries.

National Bank of KuwaitK (KUW:NBK) Headlines

No Headlines