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Piraeus Financial Holdings (STU:BKP6) Cyclically Adjusted PS Ratio : 0.00 (As of Jun. 19, 2024)


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What is Piraeus Financial Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Piraeus Financial Holdings's current share price is €3.47. Piraeus Financial Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1,235.94. Piraeus Financial Holdings's Cyclically Adjusted PS Ratio for today is 0.00.

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

STU:BKP6's Cyclically Adjusted PS Ratio is not ranked *
in the Banks industry.
Industry Median: 2.325
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Piraeus Financial Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.522. 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 €1,235.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piraeus Financial Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Piraeus Financial Holdings'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.

Piraeus Financial Holdings Cyclically Adjusted PS Ratio Chart

Piraeus Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Piraeus Financial Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Piraeus Financial Holdings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Piraeus Financial Holdings'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.


Piraeus Financial Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Piraeus Financial Holdings 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.

Piraeus Financial Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.47/1235.94
=0.00

* 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.

Piraeus Financial Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Piraeus Financial Holdings'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)
=0.522/117.2848*117.2848
=0.522

Current CPI (Mar. 2024) = 117.2848.

Piraeus Financial Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4,513.172 103.060 5,136.080
201409 3,148.081 102.624 3,597.800
201412 2,715.373 100.254 3,176.642
201503 111.456 100.549 130.007
201506 113.257 100.838 131.730
201509 125.418 100.856 145.847
201512 20.998 100.087 24.606
201603 20.296 99.041 24.035
201606 24.380 100.121 28.560
201609 20.545 99.878 24.126
201612 16.114 100.110 18.879
201703 20.315 100.770 23.644
201706 23.726 101.138 27.514
201709 11.009 100.882 12.799
201712 2.922 100.762 3.401
201803 8.739 100.534 10.195
201806 16.669 102.121 19.144
201809 9.871 101.982 11.352
201812 9.154 101.330 10.595
201903 8.997 101.482 10.398
201906 8.996 101.837 10.361
201909 9.254 101.906 10.651
201912 9.135 102.120 10.492
202003 15.267 101.479 17.645
202006 9.989 100.239 11.688
202009 9.730 99.886 11.425
202012 18.198 99.751 21.397
202103 16.704 99.817 19.627
202106 0.728 101.270 0.843
202109 0.350 102.095 0.402
202112 0.255 104.853 0.285
202203 0.561 108.651 0.606
202206 0.409 113.517 0.423
202209 0.406 114.371 0.416
202212 0.461 112.428 0.481
202303 0.458 113.620 0.473
202306 0.506 115.515 0.514
202309 0.532 116.234 0.537
202312 0.580 116.364 0.585
202403 0.522 117.285 0.522

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.


Piraeus Financial Holdings  (STU:BKP6) 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.


Piraeus Financial Holdings Cyclically Adjusted PS Ratio Related Terms

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


Piraeus Financial Holdings (STU:BKP6) Business Description

Traded in Other Exchanges
Address
4 Amerikis Street, Athens, GRC, 105 64
Piraeus Financial Holdings SA is a universal banking group primarily operating in Greece, but with a presence in southeastern Europe and the eastern Mediterranean. Its banking unit specializes in small to midsize enterprise banking, agricultural banking, consumer and mortgage credit, green banking, investment banking, as well as leasing and factoring. The bank has an extensive distribution network, both traditional and alternative, most notably its e-banking platform Winbank. A majority of the bank's net revenue is net interest income, overwhelmingly derived from loans and advances to customers.

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