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Security Bank (Security Bank) Cyclically Adjusted PS Ratio : 1.44 (As of May. 01, 2024)


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What is Security Bank Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Security Bank's current share price is $1.31. Security Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.91. Security Bank's Cyclically Adjusted PS Ratio for today is 1.44.

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

SYBJF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.37   Med: 3.31   Max: 10.66
Current: 1.42

During the past years, Security Bank's highest Cyclically Adjusted PS Ratio was 10.66. The lowest was 1.37. And the median was 3.31.

SYBJF's Cyclically Adjusted PS Ratio is ranked better than
77.27% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs SYBJF: 1.42

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.

Security Bank's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.261. 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 $0.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Security Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Security Bank'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.

Security Bank Cyclically Adjusted PS Ratio Chart

Security Bank 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 6.43 3.87 2.99 1.95 1.46

Security Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.95 2.00 1.76 1.66 1.46

Competitive Comparison of Security Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Security Bank'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.


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

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

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



Security Bank 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.31/0.91
=1.44

* 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.

Security Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Security Bank's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.261/129.4194*129.4194
=0.261

Current CPI (Dec. 2023) = 129.4194.

Security Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.102 99.695 0.132
201406 0.139 100.560 0.179
201409 0.147 100.428 0.189
201412 0.082 99.070 0.107
201503 0.180 99.621 0.234
201506 0.111 100.684 0.143
201509 0.116 100.392 0.150
201512 0.113 99.792 0.147
201603 0.170 100.470 0.219
201606 0.117 101.688 0.149
201609 0.118 101.861 0.150
201612 0.116 101.863 0.147
201703 0.142 102.862 0.179
201706 0.137 103.349 0.172
201709 0.130 104.136 0.162
201712 0.160 104.011 0.199
201803 0.145 105.290 0.178
201806 0.137 106.317 0.167
201809 0.149 106.507 0.181
201812 0.153 105.998 0.187
201903 0.172 107.251 0.208
201906 0.180 108.070 0.216
201909 0.201 108.329 0.240
201912 0.219 108.420 0.261
202003 0.303 108.902 0.360
202006 0.290 108.767 0.345
202009 0.330 109.815 0.389
202012 0.208 109.897 0.245
202103 0.202 111.754 0.234
202106 0.218 114.631 0.246
202109 0.209 115.734 0.234
202112 0.211 117.630 0.232
202203 0.212 121.301 0.226
202206 0.228 125.017 0.236
202209 0.234 125.227 0.242
202212 0.227 125.222 0.235
202303 0.224 127.348 0.228
202306 0.247 128.729 0.248
202309 0.242 129.860 0.241
202312 0.261 129.419 0.261

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.


Security Bank  (OTCPK:SYBJF) 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.


Security Bank Cyclically Adjusted PS Ratio Related Terms

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


Security Bank (Security Bank) Business Description

Traded in Other Exchanges
Address
6776 Ayala Avenue, Security Bank Centre, Makati, PHL, 0719
Security Bank Corp is a company that is principally engaged in banking. It operates in four segments; Financial Markets Segment focuses on providing the money market, foreign exchange, financial derivatives, securities distribution, asset management, trust, and fiduciary services, Wholesale Banking Segment addresses the corporate, institutional, and public sector markets and commercial clients. Services include relationship management, lending and other credit facilities, trade, cash management, deposit-taking, and leasing services, Retail Banking Segment addresses individual, retail, and small businesses. It covers deposit-taking and servicing, consumer loans, credit card facilities, and bancassurance, and All Other Segments include other support services.

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