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Pohjola Pankki Oyj (LTS:0ICL) Cyclically Adjusted PS Ratio : (As of Jun. 23, 2024)


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What is Pohjola Pankki Oyj Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pohjola Pankki Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pohjola Pankki Oyj'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.

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Pohjola Pankki Oyj Cyclically Adjusted PS Ratio Chart

Pohjola Pankki Oyj Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
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Pohjola Pankki Oyj Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of Pohjola Pankki Oyj's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Pohjola Pankki Oyj'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.


Pohjola Pankki Oyj's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Pohjola Pankki Oyj 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.

Pohjola Pankki Oyj's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec15 is calculated as:

For example, Pohjola Pankki Oyj's adjusted Revenue per Share data for the fiscal year that ended in Dec15 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec15 (Change)*Current CPI (Dec15)
=3.386/99.9900*99.9900
=3.386

Current CPI (Dec15) = 99.9900.

Pohjola Pankki Oyj Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200612 3.598 85.852 4.191
200712 10.558 88.116 11.981
200812 2.495 91.134 2.737
200912 3.293 90.631 3.633
201012 3.273 93.216 3.511
201112 2.450 95.918 2.554
201212 2.945 98.180 2.999
201312 3.295 99.761 3.303
201412 3.492 100.229 3.484
201512 3.386 99.990 3.386

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.


Pohjola Pankki Oyj  (LTS:0ICL) 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.


Pohjola Pankki Oyj Cyclically Adjusted PS Ratio Related Terms

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Pohjola Pankki Oyj (LTS:0ICL) Business Description

Traded in Other Exchanges
N/A
Address
Pohjola Pankki Oyj, provides banking, non-life insurance and wealth management services. It serves businesses, institutions and private individuals and provides banking and insurance services to customers while supporting corporate customers' business.. The Company operates through the following three business segments: Banking, Asset Management, and Non-life Insurance. The banking segment provides corporate and institutional customers with solutions for their financing and financial management needs. Banking consists of the following divisions: Corporate Banking, Markets and Baltic Banking. Companies within Banking are the member banks, Helsinki OP Bank PLC, OP-Kotipankki Oyj, OP Mortgage Bank and OP Fund Management Company Ltd and certain smaller companies supporting banking services in its entirety. The Company's Banking and Asset Management segments are also included under OP-Pohjola Group's Banking. The operations of OP Bank Group Mutual Insurance Company's are also included under Banking as the company's business consists of credit insurance to OP-Pohjola Group's retail banks. The Wealth Management Segment comprises the following operations: OP Life Assurance Company Ltd and Aurum Investment Insurance Ltd engaged in the Company's life and pension insurance business, OP Fund Management Company Ltd engaged in mutual fund business, and Pohjola Group's Asset Management segment. The Non-life Insurance segment encompasses the operations of OP-Pohjola Group's non-life insurance companies, i.e. Pohjola Insurance Ltd, Eurooppalainen Insurance Company Ltd, A-Insurance Ltd, the Seesam companies operating in the Baltic countries, as well as the operations of service companies supporting non-life insurance. Non-life insurance products include non-life insurance policies sold to corporate and private customers.

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