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Metropolitan Bank & Trust Co (PHS:MBT) Cyclically Adjusted PS Ratio : 2.40 (As of Jun. 10, 2024)


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What is Metropolitan Bank & Trust Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Metropolitan Bank & Trust Co's current share price is ₱68.00. Metropolitan Bank & Trust Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱28.32. Metropolitan Bank & Trust Co's Cyclically Adjusted PS Ratio for today is 2.40.

The historical rank and industry rank for Metropolitan Bank & Trust Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

PHS:MBT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.51   Med: 2.24   Max: 4.85
Current: 2.45

During the past years, Metropolitan Bank & Trust Co's highest Cyclically Adjusted PS Ratio was 4.85. The lowest was 1.51. And the median was 2.24.

PHS:MBT's Cyclically Adjusted PS Ratio is ranked worse than
53.86% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs PHS:MBT: 2.45

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.

Metropolitan Bank & Trust Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱7.847. 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 ₱28.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metropolitan Bank & Trust Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Metropolitan Bank & Trust Co'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.

Metropolitan Bank & Trust Co Cyclically Adjusted PS Ratio Chart

Metropolitan Bank & Trust Co 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 3.09 2.16 2.24 2.02 1.84

Metropolitan Bank & Trust Co 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 2.18 2.05 1.96 1.84 2.30

Competitive Comparison of Metropolitan Bank & Trust Co's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Metropolitan Bank & Trust Co'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.


Metropolitan Bank & Trust Co's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Metropolitan Bank & Trust Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Metropolitan Bank & Trust Co's Cyclically Adjusted PS Ratio falls into.



Metropolitan Bank & Trust Co 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.

Metropolitan Bank & Trust Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=68.00/28.32
=2.40

* 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.

Metropolitan Bank & Trust Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Metropolitan Bank & Trust Co'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)
=7.847/131.7762*131.7762
=7.847

Current CPI (Mar. 2024) = 131.7762.

Metropolitan Bank & Trust Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.734 100.560 6.204
201409 5.106 100.428 6.700
201412 6.126 99.070 8.148
201503 5.403 99.621 7.147
201506 4.412 100.684 5.774
201509 4.157 100.392 5.457
201512 4.619 99.792 6.099
201603 5.122 100.470 6.718
201606 5.019 101.688 6.504
201609 4.895 101.861 6.333
201612 6.553 101.863 8.477
201703 5.469 102.862 7.006
201706 5.421 103.349 6.912
201709 5.843 104.136 7.394
201712 5.889 104.011 7.461
201803 6.027 105.290 7.543
201806 5.120 106.317 6.346
201809 5.555 106.507 6.873
201812 5.158 105.998 6.412
201903 5.464 107.251 6.713
201906 5.727 108.070 6.983
201909 6.610 108.329 8.041
201912 7.280 108.420 8.848
202003 6.147 108.902 7.438
202006 8.479 108.767 10.273
202009 6.867 109.815 8.240
202012 5.543 109.897 6.647
202103 6.001 111.754 7.076
202106 5.464 114.631 6.281
202109 5.438 115.734 6.192
202112 5.556 117.630 6.224
202203 6.143 121.301 6.673
202206 6.093 125.017 6.422
202209 6.065 125.227 6.382
202212 6.688 125.222 7.038
202303 7.339 127.348 7.594
202306 7.243 128.729 7.414
202309 7.708 129.860 7.822
202312 7.417 129.419 7.552
202403 7.847 131.776 7.847

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.


Metropolitan Bank & Trust Co  (PHS:MBT) 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.


Metropolitan Bank & Trust Co Cyclically Adjusted PS Ratio Related Terms

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


Metropolitan Bank & Trust Co (PHS:MBT) Business Description

Traded in Other Exchanges
Address
Sen. Gil J. Puyat Avenue, Metrobank Plaza, Urdaneta Village, Metro Manila, Makati, PHL, 1200
Metropolitan Bank & Trust Co is a Filipino bank that provides a diverse range of banking and collateral services. The company has different segments namely Consumer Banking, Corporate Banking, Investment Banking and Others. The Group operates in Philippines, Asia other than Philippines, USA and Europe.

Metropolitan Bank & Trust Co (PHS:MBT) Headlines

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