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CaixaBank (MIL:1CABK) Cyclically Adjusted PS Ratio : 2.75 (As of Jun. 05, 2024)


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What is CaixaBank Cyclically Adjusted PS Ratio?

As of today (2024-06-05), CaixaBank's current share price is €5.262. CaixaBank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.91. CaixaBank's Cyclically Adjusted PS Ratio for today is 2.75.

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

MIL:1CABK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.04   Max: 3.4
Current: 3.01

During the past years, CaixaBank's highest Cyclically Adjusted PS Ratio was 3.40. The lowest was 1.17. And the median was 2.04.

MIL:1CABK's Cyclically Adjusted PS Ratio is ranked worse than
65.23% of 1185 companies
in the Banks industry
Industry Median: 2.38 vs MIL:1CABK: 3.01

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.

CaixaBank's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.552. 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 €1.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CaixaBank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CaixaBank'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.

CaixaBank Cyclically Adjusted PS Ratio Chart

CaixaBank 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 2.16 1.52 1.56 2.25 2.16

CaixaBank 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 2.10 2.18 2.11 2.16 2.55

Competitive Comparison of CaixaBank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, CaixaBank'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.


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

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

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



CaixaBank 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.262/1.91
=2.75

* 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.

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

For example, CaixaBank'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)
=0.552/122.7621*122.7621
=0.552

Current CPI (Mar. 2024) = 122.7621.

CaixaBank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.217 101.081 0.264
201409 0.284 100.441 0.347
201412 0.349 100.251 0.427
201503 0.317 99.474 0.391
201506 0.420 101.138 0.510
201509 0.289 99.559 0.356
201512 0.330 100.268 0.404
201603 0.302 98.638 0.376
201606 0.402 100.333 0.492
201609 0.301 99.737 0.370
201612 0.453 101.842 0.546
201703 0.316 100.896 0.384
201706 0.386 101.848 0.465
201709 0.344 101.524 0.416
201712 0.445 102.975 0.531
201803 0.353 102.122 0.424
201806 0.439 104.165 0.517
201809 0.343 103.818 0.406
201812 0.494 104.193 0.582
201903 0.339 103.488 0.402
201906 0.452 104.612 0.530
201909 0.346 103.905 0.409
201912 0.466 105.015 0.545
202003 0.330 103.469 0.392
202006 0.418 104.254 0.492
202009 0.340 103.521 0.403
202012 0.351 104.456 0.413
202103 0.255 104.857 0.299
202106 0.404 107.102 0.463
202109 0.344 107.669 0.392
202112 0.370 111.298 0.408
202203 0.342 115.153 0.365
202206 0.378 118.044 0.393
202209 0.385 117.221 0.403
202212 0.438 117.650 0.457
202303 0.469 118.948 0.484
202306 0.501 120.278 0.511
202309 0.535 121.343 0.541
202312 0.547 121.300 0.554
202403 0.552 122.762 0.552

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.


CaixaBank  (MIL:1CABK) 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.


CaixaBank Cyclically Adjusted PS Ratio Related Terms

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


CaixaBank (MIL:1CABK) Business Description

Industry
Comparable Companies
Address
Calle Pintor Sorolla, 2-4, Valencia, ESP, 46002
CaixaBank SA is a Spanish bank that combines banking, insurance, and equity investment businesses. The group has a sizable customer base and extensive banking network in Spain, with a large number of branches and ATMs, spread throughout the country. The bank's global operations include retail banking, corporate banking, cash management, surplus management, and the allocation of income from financing the equity investment business. A majority of its equity investment business is in the global financial services sector. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

CaixaBank (MIL:1CABK) Headlines

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