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Banco BPM SpA (WBO:BAMI) Cyclically Adjusted PS Ratio : 0.31 (As of May. 06, 2024)


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What is Banco BPM SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-06), Banco BPM SpA's current share price is €6.296. Banco BPM SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €20.51. Banco BPM SpA's Cyclically Adjusted PS Ratio for today is 0.31.

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

WBO:BAMI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.15   Max: 0.31
Current: 0.3

During the past years, Banco BPM SpA's highest Cyclically Adjusted PS Ratio was 0.31. The lowest was 0.08. And the median was 0.15.

WBO:BAMI's Cyclically Adjusted PS Ratio is ranked better than
97.57% of 1192 companies
in the Banks industry
Industry Median: 2.41 vs WBO:BAMI: 0.30

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.

Banco BPM SpA's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.892. 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 €20.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco BPM SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banco BPM SpA'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.

Banco BPM SpA Cyclically Adjusted PS Ratio Chart

Banco BPM SpA 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 - 0.08 0.12 0.15 0.23

Banco BPM SpA Quarterly Data
Sep15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 0.12 0.15 - 0.21 0.23

Competitive Comparison of Banco BPM SpA's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banco BPM SpA'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.


Banco BPM SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco BPM SpA's Cyclically Adjusted PS Ratio falls into.



Banco BPM SpA 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.

Banco BPM SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.296/20.51
=0.31

* 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.

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

For example, Banco BPM SpA'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)
=0.892/119.5000*119.5000
=0.892

Current CPI (Dec. 2023) = 119.5000.

Banco BPM SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201009 5.846 93.223 7.494
201012 7.159 93.755 9.125
201103 2.753 94.791 3.471
201106 3.262 95.442 4.084
201109 3.367 96.000 4.191
201112 3.258 96.837 4.020
201203 3.521 97.954 4.296
201206 2.836 98.605 3.437
201209 2.715 99.070 3.275
201212 2.157 99.070 2.602
201303 25.197 99.535 30.251
201306 30.745 99.814 36.809
201309 2.789 100.000 3.333
201312 3.306 99.721 3.962
201403 2.669 99.907 3.192
201406 1.847 100.093 2.205
201409 1.718 99.814 2.057
201412 1.957 99.721 2.345
201503 1.394 99.814 1.669
201506 1.645 100.279 1.960
201509 1.627 100.000 1.944
201512 2.658 99.814 3.182
201606 0.000 99.900 0.000
201612 0.000 100.300 0.000
201706 0.000 101.100 0.000
201712 0.000 101.200 0.000
201806 0.000 102.400 0.000
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202006 0.000 102.900 0.000
202012 0.686 102.600 0.799
202106 0.000 104.200 0.000
202112 0.648 106.600 0.726
202206 0.000 112.500 0.000
202209 0.746 114.200 0.781
202212 0.792 119.000 0.795
202306 0.000 119.700 0.000
202309 0.883 120.300 0.877
202312 0.892 119.500 0.892

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.


Banco BPM SpA  (WBO:BAMI) 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.


Banco BPM SpA Cyclically Adjusted PS Ratio Related Terms

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


Banco BPM SpA (WBO:BAMI) Business Description

Industry
Traded in Other Exchanges
Address
Piazza F. Meda, Milan, ITA, 20121
Banco BPM SpA is a financial services provider. It offers services including retail banking, corporate banking and private and investment banking/asset management.

Banco BPM SpA (WBO:BAMI) Headlines

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