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BNP Paribas (XPAR:BNP) Cyclically Adjusted PS Ratio : 1.35 (As of Mar. 04, 2025)


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What is BNP Paribas Cyclically Adjusted PS Ratio?

As of today (2025-03-04), BNP Paribas's current share price is €74.02. BNP Paribas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was €55.01. BNP Paribas's Cyclically Adjusted PS Ratio for today is 1.35.

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

XPAR:BNP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.11   Max: 1.45
Current: 1.32

During the past years, BNP Paribas's highest Cyclically Adjusted PS Ratio was 1.45. The lowest was 0.54. And the median was 1.11.

XPAR:BNP's Cyclically Adjusted PS Ratio is ranked better than
83.85% of 1195 companies
in the Banks industry
Industry Median: 2.8 vs XPAR:BNP: 1.32

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.

BNP Paribas's adjusted revenue per share data for the three months ended in Dec. 2024 was €26.134. 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 €55.01 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BNP Paribas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BNP Paribas'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.

BNP Paribas Cyclically Adjusted PS Ratio Chart

BNP Paribas 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 0.96 1.33 1.08 1.19 1.08

BNP Paribas 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 1.19 1.24 1.10 1.14 1.08

Competitive Comparison of BNP Paribas's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, BNP Paribas'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.


BNP Paribas's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



BNP Paribas 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.

BNP Paribas's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.02/55.01
=1.35

* 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.

BNP Paribas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, BNP Paribas'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)
=26.134/119.9500*119.9500
=26.134

Current CPI (Dec. 2024) = 119.9500.

BNP Paribas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 8.881 100.170 10.635
201506 11.415 100.440 13.632
201509 8.323 99.950 9.988
201512 13.771 100.040 16.512
201603 8.717 100.020 10.454
201606 12.089 100.630 14.410
201609 8.512 100.340 10.176
201612 14.672 100.650 17.485
201703 9.067 101.170 10.750
201706 12.280 101.320 14.538
201709 8.342 101.330 9.875
201712 15.797 101.850 18.604
201803 8.652 102.750 10.100
201806 13.152 103.370 15.262
201809 8.295 103.560 9.608
201812 15.701 103.470 18.202
201903 8.937 103.890 10.319
201906 12.969 104.580 14.875
201909 8.739 104.500 10.031
201912 17.412 104.980 19.895
202003 8.731 104.590 10.013
202006 13.182 104.790 15.089
202009 8.724 104.550 10.009
202012 15.093 104.960 17.249
202103 9.478 105.750 10.751
202106 13.506 106.340 15.235
202109 9.127 106.810 10.250
202112 17.312 107.850 19.254
202203 9.869 110.490 10.714
202206 13.868 112.550 14.780
202209 9.031 112.740 9.609
202212 18.592 114.160 19.535
202303 10.174 116.790 10.449
202306 14.543 117.650 14.827
202309 9.902 118.260 10.044
202312 21.468 118.390 21.751
202403 10.097 119.470 10.138
202406 18.388 120.200 18.350
202409 10.568 119.560 10.602
202412 26.134 119.950 26.134

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.


BNP Paribas  (XPAR:BNP) 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.


BNP Paribas Cyclically Adjusted PS Ratio Related Terms

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


BNP Paribas Business Description

Industry
Address
16, Boulevard Des Italiens, Paris, FRA, 75009
The merger of Banque Nationale de Paris and Paribas created BNP Paribas in 2000, making it the largest publicly traded bank in France. Although BNP Paribas has operations in about 80 countries, it considers France, Italy, and Belgium to be its home markets.

BNP Paribas Headlines

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