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Jyske Bank A/S (OCSE:JYSK) Cyclically Adjusted PS Ratio : 3.75 (As of Jun. 10, 2024)


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What is Jyske Bank A/S Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Jyske Bank A/S's current share price is kr548.50. Jyske Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr146.26. Jyske Bank A/S's Cyclically Adjusted PS Ratio for today is 3.75.

The historical rank and industry rank for Jyske Bank A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

OCSE:JYSK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.78   Max: 4.45
Current: 3.75

During the past years, Jyske Bank A/S's highest Cyclically Adjusted PS Ratio was 4.45. The lowest was 1.34. And the median was 2.78.

OCSE:JYSK's Cyclically Adjusted PS Ratio is ranked worse than
78.86% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs OCSE:JYSK: 3.75

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.

Jyske Bank A/S's adjusted revenue per share data for the three months ended in Mar. 2024 was kr54.450. 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 kr146.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jyske Bank A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jyske Bank A/S'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.

Jyske Bank A/S Cyclically Adjusted PS Ratio Chart

Jyske Bank A/S 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 2.11 2.07 2.83 3.43 3.40

Jyske Bank A/S 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 3.55 3.81 3.70 3.40 3.98

Competitive Comparison of Jyske Bank A/S's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Jyske Bank A/S'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.


Jyske Bank A/S's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jyske Bank A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jyske Bank A/S's Cyclically Adjusted PS Ratio falls into.



Jyske Bank A/S 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.

Jyske Bank A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=548.50/146.26
=3.75

* 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.

Jyske Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jyske Bank A/S'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)
=54.45/118.4000*118.4000
=54.450

Current CPI (Mar. 2024) = 118.4000.

Jyske Bank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 48.135 99.700 57.163
201409 25.974 99.700 30.846
201412 20.638 99.400 24.583
201503 26.190 100.200 30.947
201506 31.162 100.300 36.785
201509 20.694 100.200 24.453
201512 29.804 99.800 35.359
201603 22.095 100.200 26.108
201606 25.311 100.600 29.789
201609 26.883 100.200 31.766
201612 30.876 100.300 36.448
201703 31.234 101.200 36.543
201706 26.340 101.200 30.817
201709 26.624 101.800 30.965
201712 27.631 101.300 32.295
201803 28.882 101.700 33.625
201806 27.382 102.300 31.691
201809 26.464 102.400 30.599
201812 23.590 102.100 27.356
201903 26.297 102.900 30.258
201906 24.924 102.900 28.678
201909 23.286 102.900 26.794
201912 33.458 102.900 38.498
202003 20.408 103.300 23.391
202006 33.391 103.200 38.309
202009 29.431 103.500 33.668
202012 33.454 103.400 38.307
202103 33.926 104.300 38.512
202106 31.980 105.000 36.061
202109 30.853 105.800 34.527
202112 33.807 106.600 37.549
202203 33.848 109.900 36.466
202206 33.459 113.600 34.873
202209 28.735 116.400 29.229
202212 49.835 115.900 50.910
202303 54.121 117.300 54.629
202306 51.467 116.400 52.351
202309 60.115 117.400 60.627
202312 65.400 116.700 66.353
202403 54.450 118.400 54.450

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.


Jyske Bank A/S  (OCSE:JYSK) 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.


Jyske Bank A/S Cyclically Adjusted PS Ratio Related Terms

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


Jyske Bank A/S (OCSE:JYSK) Business Description

Industry
Traded in Other Exchanges
Address
Vestergade 8-16, Silkeborg, DNK, 8600
Jyske Bank A/S is engaged in banking activities. Its subsidiaries provide other financial or accessory services. The company conducts mortgage-credit activities through Jyske Realkredit. The group's primary focus is Danish small and midsize enterprise and retail clients. Through its retail and commercial banking activities, Jyske offers a full range of financial services. Its segment consists of Banking Activities, Mortgage Activities, and Leasing Activities. The company operates in Denmark and Germany, where it earns the majority of its revenue from Denmark.

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