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East West Bancorp (STU:EW2) Cyclically Adjusted PS Ratio : 5.37 (As of May. 26, 2024)


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What is East West Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-05-26), East West Bancorp's current share price is €67.50. East West Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €12.57. East West Bancorp's Cyclically Adjusted PS Ratio for today is 5.37.

The historical rank and industry rank for East West Bancorp's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:EW2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.66   Med: 5.78   Max: 9.71
Current: 5.45

During the past years, East West Bancorp's highest Cyclically Adjusted PS Ratio was 9.71. The lowest was 2.66. And the median was 5.78.

STU:EW2's Cyclically Adjusted PS Ratio is ranked worse than
89.41% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs STU:EW2: 5.45

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.

East West Bancorp's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.145. 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 €12.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


East West Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for East West Bancorp'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.

East West Bancorp Cyclically Adjusted PS Ratio Chart

East West Bancorp 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 5.77 5.66 7.75 5.65 5.51

East West Bancorp 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 4.57 4.22 4.09 5.51 5.85

Competitive Comparison of East West Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, East West Bancorp'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.


East West Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where East West Bancorp's Cyclically Adjusted PS Ratio falls into.



East West Bancorp 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.

East West Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.50/12.57
=5.37

* 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.

East West Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, East West Bancorp'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)
=4.145/131.7762*131.7762
=4.145

Current CPI (Mar. 2024) = 131.7762.

East West Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.294 100.560 1.696
201409 1.442 100.428 1.892
201412 1.457 99.070 1.938
201503 1.777 99.621 2.351
201506 1.638 100.684 2.144
201509 1.799 100.392 2.361
201512 1.808 99.792 2.387
201603 1.800 100.470 2.361
201606 1.799 101.688 2.331
201609 1.840 101.861 2.380
201612 2.072 101.863 2.680
201703 2.012 102.862 2.578
201706 2.038 103.349 2.599
201709 1.986 104.136 2.513
201712 2.076 104.011 2.630
201803 2.039 105.290 2.552
201806 2.268 106.317 2.811
201809 2.282 106.507 2.823
201812 2.526 105.998 3.140
201903 2.433 107.251 2.989
201906 2.525 108.070 3.079
201909 2.596 108.329 3.158
201912 2.706 108.420 3.289
202003 2.583 108.902 3.126
202006 2.480 108.767 3.005
202009 2.245 109.815 2.694
202012 2.378 109.897 2.851
202103 2.486 111.754 2.931
202106 2.559 114.631 2.942
202109 2.759 115.734 3.141
202112 2.918 117.630 3.269
202203 3.111 121.301 3.380
202206 3.626 125.017 3.822
202209 4.414 125.227 4.645
202212 4.396 125.222 4.626
202303 4.279 127.348 4.428
202306 4.130 128.729 4.228
202309 4.193 129.860 4.255
202312 4.170 129.419 4.246
202403 4.145 131.776 4.145

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.


East West Bancorp  (STU:EW2) 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.


East West Bancorp Cyclically Adjusted PS Ratio Related Terms

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


East West Bancorp (STU:EW2) Business Description

Traded in Other Exchanges
Address
135 North Los Robles Avenue, 7th Floor, Pasadena, CA, USA, 91101
East West Bancorp Inc is the holding company for East West Bank, a full-service commercial bank with cross-border operations concentrated in the United States and China. East-West Bank is one of a few U.S. based banks with a full banking license in China. The bank's cost strategy has increasingly focused on expanding its deposit base away from time deposits to commercial deposits. The bank has also taken part in entertainment partnerships between participants in China and Hollywood. Most of these efforts include financing the production and distribution of film and television projects. The bank leverages its cultural and regulatory knowledge in the U.S. and China to assist its customers in entering new markets. Most of its earning assets are in loans held for investment.

East West Bancorp (STU:EW2) Headlines

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