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BPER Banca SpA (MIL:BPE) Cyclically Adjusted PS Ratio : 1.27 (As of Apr. 30, 2024)


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What is BPER Banca SpA Cyclically Adjusted PS Ratio?

As of today (2024-04-30), BPER Banca SpA's current share price is €4.818. BPER Banca SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €3.78. BPER Banca SpA's Cyclically Adjusted PS Ratio for today is 1.27.

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

MIL:BPE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.58   Max: 1.27
Current: 1.27

During the past years, BPER Banca SpA's highest Cyclically Adjusted PS Ratio was 1.27. The lowest was 0.27. And the median was 0.58.

MIL:BPE's Cyclically Adjusted PS Ratio is ranked better than
80.74% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs MIL:BPE: 1.27

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.

BPER Banca SpA's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.990. 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 €3.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BPER Banca SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BPER Banca SpA'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.

BPER Banca SpA Cyclically Adjusted PS Ratio Chart

BPER Banca SpA 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 0.78 0.40 0.50 0.49 0.80

BPER Banca SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.49 0.59 0.72 0.76 0.80

Competitive Comparison of BPER Banca SpA's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, BPER Banca SpA'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.


BPER Banca SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



BPER Banca SpA 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.

BPER Banca SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.818/3.78
=1.27

* 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.

BPER Banca SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, BPER Banca SpA's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.99/119.5000*119.5000
=0.990

Current CPI (Dec. 2023) = 119.5000.

BPER Banca SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.267 99.907 1.515
201406 1.274 100.093 1.521
201409 1.063 99.814 1.273
201412 0.874 99.721 1.047
201503 0.825 99.814 0.988
201506 0.793 100.279 0.945
201509 0.762 100.000 0.911
201512 1.126 99.814 1.348
201603 0.761 99.600 0.913
201606 0.818 99.900 0.978
201609 0.744 100.100 0.888
201612 0.716 100.300 0.853
201703 0.716 101.000 0.847
201706 0.716 101.100 0.846
201709 0.730 101.200 0.862
201712 0.781 101.200 0.922
201803 0.992 101.800 1.164
201806 0.792 102.400 0.924
201809 0.760 102.600 0.885
201812 0.654 102.300 0.764
201903 0.765 102.800 0.889
201906 0.766 103.100 0.888
201909 0.894 102.900 1.038
201912 0.865 102.800 1.006
202003 0.841 102.900 0.977
202006 0.801 102.900 0.930
202009 0.917 102.300 1.071
202012 0.448 102.600 0.522
202103 0.574 103.700 0.661
202106 0.647 104.200 0.742
202109 0.673 104.900 0.767
202112 0.619 106.600 0.694
202203 0.665 110.400 0.720
202206 0.692 112.500 0.735
202209 0.766 114.200 0.802
202212 1.008 119.000 1.012
202303 0.954 118.800 0.960
202306 1.013 119.700 1.011
202309 1.011 120.300 1.004
202312 0.990 119.500 0.990

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.


BPER Banca SpA  (MIL:BPE) 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.


BPER Banca SpA Cyclically Adjusted PS Ratio Related Terms

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


BPER Banca SpA (MIL:BPE) Business Description

Industry
Traded in Other Exchanges
Address
Via San Carlo 8/20, Modena, ITA, 41121
BPER Banca SpA is a banking group consisting of four Italian regional commercial banks that merged on the initiative of BPER Banca. The banks are involved in a number of market segments, including retail banking, corporate and investment banking, and wealth management and insurance. In addition to the banks, the Group includes product companies, including asset management, personal loans, leasing, and factoring operations, and special purpose vehicles. Its strategy emphasizes customer service and cooperative banking. BPER group's customer base overwhelming derives from retail banking, mostly from individuals with some business deposits. Its loan base, however, is principally the group's corporate customers.

BPER Banca SpA (MIL:BPE) Headlines

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