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Nordea Bank Abp (OHEL:NDA FI) Cyclically Adjusted PS Ratio : 4.35 (As of Jan. 19, 2025)


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What is Nordea Bank Abp Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Nordea Bank Abp's current share price is €11.215. Nordea Bank Abp's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €2.58. Nordea Bank Abp's Cyclically Adjusted PS Ratio for today is 4.35.

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

OHEL:NDA FI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.36   Med: 4.12   Max: 5.14
Current: 4.42

During the past years, Nordea Bank Abp's highest Cyclically Adjusted PS Ratio was 5.14. The lowest was 2.36. And the median was 4.12.

OHEL:NDA FI's Cyclically Adjusted PS Ratio is ranked worse than
79.51% of 1191 companies
in the Banks industry
Industry Median: 2.73 vs OHEL:NDA FI: 4.42

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.

Nordea Bank Abp's adjusted revenue per share data for the three months ended in Sep. 2024 was €0.856. 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 €2.58 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordea Bank Abp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nordea Bank Abp'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.

Nordea Bank Abp Cyclically Adjusted PS Ratio Chart

Nordea Bank Abp 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 3.31 2.96 4.71 4.31 4.44

Nordea Bank Abp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.33 4.44 4.17 4.37 4.10

Competitive Comparison of Nordea Bank Abp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Nordea Bank Abp'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.


Nordea Bank Abp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Nordea Bank Abp 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.

Nordea Bank Abp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.215/2.58
=4.35

* 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.

Nordea Bank Abp's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Nordea Bank Abp's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.856/122.2600*122.2600
=0.856

Current CPI (Sep. 2024) = 122.2600.

Nordea Bank Abp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.527 100.229 0.643
201503 0.672 100.120 0.821
201506 0.624 100.030 0.763
201509 0.544 100.130 0.664
201512 0.560 99.990 0.685
201603 0.555 100.080 0.678
201606 0.608 100.390 0.740
201609 0.611 100.540 0.743
201612 0.643 101.020 0.778
201703 0.608 100.910 0.737
201706 0.585 101.140 0.707
201709 0.587 101.320 0.708
201712 0.532 101.510 0.641
201803 0.582 101.730 0.699
201806 0.544 102.320 0.650
201809 0.507 102.600 0.604
201812 0.509 102.710 0.606
201903 0.504 102.870 0.599
201906 0.525 103.360 0.621
201909 0.499 103.540 0.589
201912 0.531 103.650 0.626
202003 0.496 103.490 0.586
202006 0.519 103.320 0.614
202009 0.536 103.710 0.632
202012 0.556 103.890 0.654
202103 0.605 104.870 0.705
202106 0.594 105.360 0.689
202109 0.584 106.290 0.672
202112 0.620 107.490 0.705
202203 0.495 110.950 0.545
202206 0.646 113.570 0.695
202209 0.660 114.920 0.702
202212 0.787 117.320 0.820
202303 0.810 119.750 0.827
202306 0.820 120.690 0.831
202309 0.827 121.280 0.834
202312 0.820 121.540 0.825
202403 0.875 122.360 0.874
202406 0.858 122.230 0.858
202409 0.856 122.260 0.856

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.


Nordea Bank Abp  (OHEL:NDA FI) 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.


Nordea Bank Abp Cyclically Adjusted PS Ratio Related Terms

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


Nordea Bank Abp Business Description

Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

Nordea Bank Abp Headlines

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