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Barclays (LSE:BARC) Cyclically Adjusted PS Ratio : 0.00 (As of May. 01, 2024)


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What is Barclays Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Barclays's current share price is £2.027. Barclays's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was £90,333.80. Barclays's Cyclically Adjusted PS Ratio for today is 0.00.

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

LSE:BARC's Cyclically Adjusted PS Ratio is not ranked *
in the Banks industry.
Industry Median: 2.36
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Barclays's adjusted revenue per share data for the three months ended in Mar. 2024 was £0.464. 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 £90,333.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barclays Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Barclays'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.

Barclays Cyclically Adjusted PS Ratio Chart

Barclays Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Barclays Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Barclays's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Barclays'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.


Barclays's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Barclays's Cyclically Adjusted PS Ratio falls into.



Barclays 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.

Barclays's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.027/90333.8
=0.00

* 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.

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

For example, Barclays'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)
=0.464/130.0000*130.0000
=0.464

Current CPI (Mar. 2024) = 130.0000.

Barclays Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.418 99.800 0.544
201409 0.404 100.000 0.525
201412 0.093 99.900 0.121
201503 353,125.000 99.600 460,906.124
201506 0.366 100.100 0.475
201509 0.346 100.200 0.449
201512 0.264 100.400 0.342
201603 0.299 100.400 0.387
201606 0.353 101.000 0.454
201609 0.321 101.500 0.411
201612 0.251 102.200 0.319
201703 0.344 102.700 0.435
201706 0.297 103.500 0.373
201709 0.304 104.300 0.379
201712 0.294 105.000 0.364
201803 0.314 105.100 0.388
201806 0.221 105.900 0.271
201809 0.404 106.600 0.493
201812 0.296 107.100 0.359
201903 0.307 107.000 0.373
201906 0.322 107.900 0.388
201909 0.322 108.400 0.386
201912 0.306 108.500 0.367
202003 369,588.235 108.600 442,416.856
202006 0.309 108.800 0.369
202009 0.301 109.200 0.358
202012 0.276 109.400 0.328
202103 0.341 109.700 0.404
202106 0.319 111.400 0.372
202109 0.320 112.400 0.370
202112 0.309 114.700 0.350
202203 0.389 116.500 0.434
202206 0.402 120.500 0.434
202209 0.369 122.300 0.392
202212 0.351 125.300 0.364
202303 0.459 126.800 0.471
202306 0.404 129.400 0.406
202309 0.406 130.100 0.406
202312 0.370 130.000 0.370
202403 0.464 130.000 0.464

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.


Barclays  (LSE:BARC) 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.


Barclays Cyclically Adjusted PS Ratio Related Terms

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


Barclays (LSE:BARC) Business Description

Industry
Address
1 Churchill Place, London, GBR, E14 5HP
Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (71% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2022, Barclays generated roughly 60% of its income from the U.K. and 25% from the United States.

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