GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco del Bajio SA (MEX:BBAJIOO) » Definitions » Cyclically Adjusted PS Ratio

Banco del Bajio (MEX:BBAJIOO) Cyclically Adjusted PS Ratio : 3.70 (As of Jun. 25, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Banco del Bajio Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Banco del Bajio's current share price is MXN53.60. Banco del Bajio's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN14.47. Banco del Bajio's Cyclically Adjusted PS Ratio for today is 3.70.

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

MEX:BBAJIOO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.52   Med: 4.22   Max: 5.06
Current: 3.76

During the past years, Banco del Bajio's highest Cyclically Adjusted PS Ratio was 5.06. The lowest was 3.52. And the median was 4.22.

MEX:BBAJIOO's Cyclically Adjusted PS Ratio is ranked worse than
79.1% of 1201 companies
in the Banks industry
Industry Median: 2.33 vs MEX:BBAJIOO: 3.76

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.

Banco del Bajio's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN5.531. 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 MXN14.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco del Bajio Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banco del Bajio'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.

Banco del Bajio Cyclically Adjusted PS Ratio Chart

Banco del Bajio 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 - - - - 4.02

Banco del Bajio 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 5.06 3.97 4.02 4.02 4.46

Competitive Comparison of Banco del Bajio's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banco del Bajio'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.


Banco del Bajio's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Banco del Bajio 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.

Banco del Bajio's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.60/14.47
=3.70

* 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.

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

For example, Banco del Bajio'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)
=5.531/152.9470*152.9470
=5.531

Current CPI (Mar. 2024) = 152.9470.

Banco del Bajio Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 96.609 0.000
201409 1.268 97.652 1.986
201412 1.294 99.469 1.990
201503 1.299 99.973 1.987
201506 1.383 99.382 2.128
201509 1.457 100.112 2.226
201512 1.538 101.588 2.316
201603 1.536 102.573 2.290
201606 1.669 101.905 2.505
201609 1.790 103.084 2.656
201612 2.037 105.002 2.967
201703 2.088 108.063 2.955
201706 2.259 108.339 3.189
201709 2.459 109.628 3.431
201712 2.572 112.114 3.509
201803 2.578 113.505 3.474
201806 2.803 113.373 3.781
201809 2.888 115.130 3.837
201812 2.862 117.530 3.724
201903 3.020 118.050 3.913
201906 3.041 117.848 3.947
201909 3.188 118.581 4.112
201912 3.201 120.854 4.051
202003 3.053 121.885 3.831
202006 2.904 121.777 3.647
202009 2.738 123.341 3.395
202012 2.857 124.661 3.505
202103 2.736 127.574 3.280
202106 2.875 128.936 3.410
202109 2.982 130.742 3.488
202112 3.273 133.830 3.741
202203 3.283 137.082 3.663
202206 3.699 139.233 4.063
202209 4.226 142.116 4.548
202212 5.167 144.291 5.477
202303 5.160 146.472 5.388
202306 5.327 146.272 5.570
202309 5.432 148.446 5.597
202312 5.922 151.017 5.998
202403 5.531 152.947 5.531

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.


Banco del Bajio  (MEX:BBAJIOO) 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.


Banco del Bajio Cyclically Adjusted PS Ratio Related Terms

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


Banco del Bajio (MEX:BBAJIOO) Business Description

Traded in Other Exchanges
Address
Avenida Manuel J. Clouthier No. 402, Col. Jardines del Campestre, León, MEX, 37128
Banco del Bajio SA is a Mexico based company engaged in the provision of full-banking services. Its activities include receiving deposits, accepting loans, granting loans, operations with securities, trust agreements, and financial factoring and leasing operations. The business segments of the company are Banking and credit transactions, Rediscounted transactions, Treasury transactions and other segments. It derives a majority of the revenue from the Banking and credit transactions activities segment. The bank operates majorly in Mexico.

Banco del Bajio (MEX:BBAJIOO) Headlines

No Headlines