GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Intesa Sanpaolo (MIL:ISP) » Definitions » Cyclically Adjusted PS Ratio

Intesanpaolo (MIL:ISP) Cyclically Adjusted PS Ratio : 2.57 (As of May. 01, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Intesanpaolo Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Intesanpaolo's current share price is €3.526. Intesanpaolo's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €1.37. Intesanpaolo's Cyclically Adjusted PS Ratio for today is 2.57.

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

MIL:ISP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.76   Max: 2.59
Current: 2.58

During the past years, Intesanpaolo's highest Cyclically Adjusted PS Ratio was 2.59. The lowest was 1.07. And the median was 1.76.

MIL:ISP's Cyclically Adjusted PS Ratio is ranked worse than
56.52% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs MIL:ISP: 2.58

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.

Intesanpaolo's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.377. 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 €1.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intesanpaolo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Intesanpaolo'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.

Intesanpaolo Cyclically Adjusted PS Ratio Chart

Intesanpaolo 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 1.89 1.57 1.83 1.53 1.92

Intesanpaolo 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 1.53 1.75 1.75 1.77 1.92

Competitive Comparison of Intesanpaolo's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Intesanpaolo'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.


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

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

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



Intesanpaolo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.526/1.37
=2.57

* 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.

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

For example, Intesanpaolo'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)
=0.377/119.5000*119.5000
=0.377

Current CPI (Dec. 2023) = 119.5000.

Intesanpaolo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.248 99.907 0.297
201406 0.318 100.093 0.380
201409 0.255 99.814 0.305
201412 0.408 99.721 0.489
201503 0.271 99.814 0.324
201506 0.332 100.279 0.396
201509 0.209 100.000 0.250
201512 0.326 99.814 0.390
201603 0.258 99.600 0.310
201606 0.287 99.900 0.343
201609 0.223 100.100 0.266
201612 0.303 100.300 0.361
201703 0.217 101.000 0.257
201706 0.658 101.100 0.778
201709 0.149 101.200 0.176
201712 0.462 101.200 0.546
201803 0.278 101.800 0.326
201806 0.346 102.400 0.404
201809 0.244 102.600 0.284
201812 0.242 102.300 0.283
201903 0.259 102.800 0.301
201906 0.277 103.100 0.321
201909 0.269 102.900 0.312
201912 0.268 102.800 0.312
202003 0.300 102.900 0.348
202006 0.232 102.900 0.269
202009 0.454 102.300 0.530
202012 0.274 102.600 0.319
202103 0.318 103.700 0.366
202106 0.279 104.200 0.320
202109 0.269 104.900 0.306
202112 0.258 106.600 0.289
202203 0.261 110.400 0.283
202206 0.296 112.500 0.314
202209 0.263 114.200 0.275
202212 0.299 119.000 0.300
202303 0.321 118.800 0.323
202306 0.370 119.700 0.369
202309 0.347 120.300 0.345
202312 0.377 119.500 0.377

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.


Intesanpaolo  (MIL:ISP) 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.


Intesanpaolo Cyclically Adjusted PS Ratio Related Terms

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


Intesanpaolo (MIL:ISP) Business Description

Industry
Address
Piazza San Carlo, 156, Torino, ITA, 10121
Intesa Sanpaolo is an Italian banking group resulting from the merger of Banca Intesa and Sanpaolo IMI in 2007. Italy still accounts for by far the most of its earnings. Still, Intesa also has a growing international presence, focusing on some smaller countries in Central and Eastern Europe. Intesa has an enviable market position in the Italian savings market that it services through its private banking, asset management and life insurance operations, which accounts for around 25% of its revenue. While Intesa does have a sizable corporate banking business, it has limited exposure to securities trading and underwriting.

Intesanpaolo (MIL:ISP) Headlines

No Headlines