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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Cyclically Adjusted PS Ratio : 3.18 (As of May. 17, 2024)


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What is Mizrahi Tefahot Bank Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Mizrahi Tefahot Bank's current share price is $34.68. Mizrahi Tefahot Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was $10.90. Mizrahi Tefahot Bank's Cyclically Adjusted PS Ratio for today is 3.18.

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

MZTFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3.51   Max: 4.33
Current: 3.65

During the past years, Mizrahi Tefahot Bank's highest Cyclically Adjusted PS Ratio was 4.33. The lowest was 2.28. And the median was 3.51.

MZTFF's Cyclically Adjusted PS Ratio is ranked worse than
75.9% of 1195 companies
in the Banks industry
Industry Median: 2.43 vs MZTFF: 3.65

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.

Mizrahi Tefahot Bank's adjusted revenue per share data for the three months ended in Jun. 2023 was $4.158. 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 $10.90 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mizrahi Tefahot Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mizrahi Tefahot Bank'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.

Mizrahi Tefahot Bank Cyclically Adjusted PS Ratio Chart

Mizrahi Tefahot Bank 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 - 2.75 3.99 3.30 -

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 3.70 3.30 3.13 3.33 -

Competitive Comparison of Mizrahi Tefahot Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Mizrahi Tefahot Bank'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.


Mizrahi Tefahot Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Mizrahi Tefahot Bank 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.

Mizrahi Tefahot Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.68/10.9
=3.18

* 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.

Mizrahi Tefahot Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Mizrahi Tefahot Bank's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=4.158/128.7287*128.7287
=4.158

Current CPI (Jun. 2023) = 128.7287.

Mizrahi Tefahot Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 1.497 98.790 1.951
201312 1.350 98.326 1.767
201403 1.340 99.695 1.730
201406 1.464 100.560 1.874
201409 1.506 100.428 1.930
201412 1.427 99.070 1.854
201503 1.394 99.621 1.801
201506 1.634 100.684 2.089
201509 1.670 100.392 2.141
201512 1.448 99.792 1.868
201603 1.484 100.470 1.901
201606 1.682 101.688 2.129
201609 1.714 101.861 2.166
201612 1.517 101.863 1.917
201703 1.605 102.862 2.009
201706 1.793 103.349 2.233
201709 1.662 104.136 2.055
201712 1.750 104.011 2.166
201803 1.773 105.290 2.168
201806 2.123 106.317 2.571
201809 1.973 106.507 2.385
201812 2.004 105.998 2.434
201903 1.946 107.251 2.336
201906 2.317 108.070 2.760
201909 2.014 108.329 2.393
201912 2.014 108.420 2.391
202003 2.211 108.902 2.614
202006 2.056 108.767 2.433
202009 2.202 109.815 2.581
202012 2.297 109.897 2.691
202103 2.549 111.754 2.936
202106 2.774 114.631 3.115
202109 2.737 115.734 3.044
202112 2.622 117.630 2.869
202203 3.318 121.301 3.521
202206 3.343 125.017 3.442
202209 3.680 125.227 3.783
202212 3.417 125.222 3.513
202303 3.988 127.348 4.031
202306 4.158 128.729 4.158

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.


Mizrahi Tefahot Bank  (OTCPK:MZTFF) 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.


Mizrahi Tefahot Bank Cyclically Adjusted PS Ratio Related Terms

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


Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Headlines

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