GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bulgarian Stock Exchange AD (XBUL:BSE) » Definitions » Cyclically Adjusted PS Ratio

Bulgarian Stock Exchange AD (XBUL:BSE) Cyclically Adjusted PS Ratio : 10.27 (As of Jun. 02, 2025)


View and export this data going back to 2011. Start your Free Trial

What is Bulgarian Stock Exchange AD Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Bulgarian Stock Exchange AD's current share price is лв9.55. Bulgarian Stock Exchange AD's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was лв0.93. Bulgarian Stock Exchange AD's Cyclically Adjusted PS Ratio for today is 10.27.

The historical rank and industry rank for Bulgarian Stock Exchange AD's Cyclically Adjusted PS Ratio or its related term are showing as below:

XBUL:BSE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.11   Med: 8.48   Max: 10.27
Current: 10.24

During the past years, Bulgarian Stock Exchange AD's highest Cyclically Adjusted PS Ratio was 10.27. The lowest was 6.11. And the median was 8.48.

XBUL:BSE's Cyclically Adjusted PS Ratio is ranked worse than
78.74% of 555 companies
in the Capital Markets industry
Industry Median: 3.66 vs XBUL:BSE: 10.24

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.

Bulgarian Stock Exchange AD's adjusted revenue per share data for the three months ended in Dec. 2024 was лв0.429. 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 лв0.93 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bulgarian Stock Exchange AD Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bulgarian Stock Exchange AD'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.

Bulgarian Stock Exchange AD Cyclically Adjusted PS Ratio Chart

Bulgarian Stock Exchange AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8.81 6.89 7.70 8.41

Bulgarian Stock Exchange AD Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 7.70 9.31 8.81 9.06 8.41

Competitive Comparison of Bulgarian Stock Exchange AD's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Bulgarian Stock Exchange AD'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.


Bulgarian Stock Exchange AD's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bulgarian Stock Exchange AD's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bulgarian Stock Exchange AD's Cyclically Adjusted PS Ratio falls into.


;
;

Bulgarian Stock Exchange AD 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.

Bulgarian Stock Exchange AD's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.55/0.93
=10.27

* 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.

Bulgarian Stock Exchange AD's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Bulgarian Stock Exchange AD's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.429/133.1571*133.1571
=0.429

Current CPI (Dec. 2024) = 133.1571.

Bulgarian Stock Exchange AD Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.035 99.621 0.047
201506 0.030 100.684 0.040
201509 0.026 100.392 0.034
201512 0.033 99.792 0.044
201603 0.027 100.470 0.036
201606 0.027 101.688 0.035
201609 0.030 101.861 0.039
201612 0.050 101.863 0.065
201703 0.033 102.862 0.043
201706 0.036 103.349 0.046
201709 0.054 104.136 0.069
201712 0.047 104.011 0.060
201803 0.104 105.290 0.132
201806 0.149 106.317 0.187
201809 0.186 106.507 0.233
201812 0.230 105.998 0.289
201903 0.206 107.251 0.256
201906 0.185 108.070 0.228
201909 0.179 108.329 0.220
201912 0.213 108.420 0.262
202003 0.222 108.902 0.271
202006 0.209 108.767 0.256
202009 0.237 109.815 0.287
202012 0.283 109.897 0.343
202103 0.290 111.754 0.346
202106 0.281 114.631 0.326
202109 0.309 115.734 0.356
202112 0.345 117.630 0.391
202203 0.354 121.301 0.389
202206 0.323 125.017 0.344
202209 0.341 125.227 0.363
202212 0.317 125.222 0.337
202303 0.341 127.348 0.357
202306 0.306 128.729 0.317
202309 0.382 129.860 0.392
202312 0.350 129.419 0.360
202403 0.359 131.776 0.363
202406 0.356 132.554 0.358
202409 0.384 133.029 0.384
202412 0.429 133.157 0.429

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.


Bulgarian Stock Exchange AD  (XBUL:BSE) 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.


Bulgarian Stock Exchange AD Cyclically Adjusted PS Ratio Related Terms

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


Bulgarian Stock Exchange AD Business Description

Traded in Other Exchanges
N/A
Address
6 Tri ushi Street, Sofia, BGR, 1301
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.