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Bank of Ireland Group (LSE:BIRG) Cyclically Adjusted PS Ratio : 2.96 (As of May. 01, 2024)


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What is Bank of Ireland Group Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Bank of Ireland Group's current share price is €10.13. Bank of Ireland Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €3.42. Bank of Ireland Group's Cyclically Adjusted PS Ratio for today is 2.96.

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

LSE:BIRG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.27   Max: 3.22
Current: 2.95

During the past 13 years, Bank of Ireland Group's highest Cyclically Adjusted PS Ratio was 3.22. The lowest was 0.08. And the median was 0.27.

LSE:BIRG's Cyclically Adjusted PS Ratio is ranked worse than
65.44% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs LSE:BIRG: 2.95

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.

Bank of Ireland Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €4.233. 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 €3.42 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Ireland Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Ireland Group'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.

Bank of Ireland Group Cyclically Adjusted PS Ratio Chart

Bank of Ireland Group 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 0.68 1.08 1.77 2.79 2.41

Bank of Ireland Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.77 - 2.79 - 2.41

Competitive Comparison of Bank of Ireland Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank of Ireland Group'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.


Bank of Ireland Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank of Ireland Group 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.

Bank of Ireland Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.13/3.42
=2.96

* 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.

Bank of Ireland Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Bank of Ireland Group's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.233/120.1096*120.1096
=4.233

Current CPI (Dec23) = 120.1096.

Bank of Ireland Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.109 99.576 3.750
201512 3.058 99.676 3.685
201612 2.884 99.676 3.475
201712 2.840 100.075 3.409
201812 2.633 100.773 3.138
201912 2.746 102.068 3.231
202012 2.514 101.072 2.988
202112 2.792 106.653 3.144
202212 2.933 115.425 3.052
202312 4.233 120.110 4.233

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.


Bank of Ireland Group  (LSE:BIRG) 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.


Bank of Ireland Group Cyclically Adjusted PS Ratio Related Terms

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


Bank of Ireland Group (LSE:BIRG) Business Description

Address
40 Mespil Road, Dublin, IRL, D04 C2N4
Bank of Ireland Group PLC is an Irish financial services group operating mostly in Ireland and the United Kingdom. Services include mortgages, business, and corporate lending, term loans, leasing, foreign exchange, life assurance, and pension products, among others. The bank's trading divisions include Retail Ireland, Wealth and Insurance, Retail UK, Corporate and Treasury (C&T) and Group Centre. The bank generates the majority of its revenue from Retail Ireland serves consumer and business customers across a broad range of segments and sectors. Revenue is also derived from fees for a range of banking and transaction services. The bank has access to distribution in the United Kingdom via its relationship as a financial services partner with the nation's post office.

Bank of Ireland Group (LSE:BIRG) Headlines

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