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Oberbank AG (WBO:OBS) Cyclically Adjusted PS Ratio : 7.03 (As of Apr. 30, 2024)


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What is Oberbank AG Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Oberbank AG's current share price is €70.00. Oberbank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €9.96. Oberbank AG's Cyclically Adjusted PS Ratio for today is 7.03.

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

WBO:OBS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.25   Med: 5.77   Max: 7.03
Current: 7.03

During the past years, Oberbank AG's highest Cyclically Adjusted PS Ratio was 7.03. The lowest was 5.25. And the median was 5.77.

WBO:OBS's Cyclically Adjusted PS Ratio is ranked worse than
94.37% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs WBO:OBS: 7.03

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.

Oberbank AG's adjusted revenue per share data for the three months ended in Dec. 2023 was €3.251. 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 €9.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oberbank AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oberbank AG'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.

Oberbank AG Cyclically Adjusted PS Ratio Chart

Oberbank AG 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 6.22 5.25 5.44 5.54 6.47

Oberbank AG 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 5.54 5.73 6.19 6.30 6.47

Competitive Comparison of Oberbank AG's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Oberbank AG'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.


Oberbank AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Oberbank AG 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.

Oberbank AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.00/9.96
=7.03

* 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.

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

For example, Oberbank AG'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)
=3.251/132.0288*132.0288
=3.251

Current CPI (Dec. 2023) = 132.0288.

Oberbank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.919 99.044 2.558
201406 1.904 99.496 2.527
201409 1.810 99.586 2.400
201412 1.766 99.676 2.339
201503 2.094 99.992 2.765
201506 1.816 100.492 2.386
201509 1.669 100.292 2.197
201512 1.623 100.692 2.128
201603 1.780 100.692 2.334
201606 1.923 101.092 2.511
201609 1.895 101.192 2.472
201612 2.255 102.092 2.916
201703 1.846 102.592 2.376
201706 1.761 102.991 2.257
201709 1.766 103.591 2.251
201712 2.392 104.291 3.028
201803 1.749 104.491 2.210
201806 1.926 105.091 2.420
201809 1.812 105.691 2.264
201812 2.246 106.291 2.790
201903 2.087 106.391 2.590
201906 2.009 106.791 2.484
201909 2.252 106.991 2.779
201912 1.968 108.091 2.404
202003 1.507 108.024 1.842
202006 2.227 107.915 2.725
202009 1.980 108.348 2.413
202012 2.139 109.321 2.583
202103 2.053 110.186 2.460
202106 1.919 110.943 2.284
202109 1.922 111.916 2.267
202112 2.175 113.971 2.520
202203 2.115 117.647 2.374
202206 1.887 120.567 2.066
202209 1.948 123.811 2.077
202212 2.550 125.541 2.682
202303 2.830 128.461 2.909
202306 2.828 130.191 2.868
202309 2.829 131.272 2.845
202312 3.251 132.029 3.251

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.


Oberbank AG  (WBO:OBS) 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.


Oberbank AG Cyclically Adjusted PS Ratio Related Terms

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


Oberbank AG (WBO:OBS) Business Description

Industry
Traded in Other Exchanges
Address
Untere Donaulande 28, Linz, AUT, 4020
Oberbank AG provides various banking products and services. The company's operating segments include Corporate and Business Banking, Personal Banking, Financial Markets, and Others. The firm offers services such as corporate and business loans, investment finance, structured finance, export finance, syndicated loans and international lending, and payment services. It also offers deposit banking, personal accounts and personal loans, asset management, brokerage, private banking, building and loan association saving, insurance services, as well as card products. The majority of its revenue is derived from Corporate and Business Banking.
Executives
Dr. Franz Gasselsberger Supervisory Board

Oberbank AG (WBO:OBS) Headlines

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