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Bank Hapoalim BM (Bank Hapoalim BM) Cyclically Adjusted PS Ratio : 2.55 (As of Apr. 28, 2024)


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What is Bank Hapoalim BM Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Bank Hapoalim BM's current share price is $43.45. Bank Hapoalim BM's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.04. Bank Hapoalim BM's Cyclically Adjusted PS Ratio for today is 2.55.

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

BKHYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.65   Med: 2.44   Max: 3.13
Current: 2.56

During the past years, Bank Hapoalim BM's highest Cyclically Adjusted PS Ratio was 3.13. The lowest was 1.65. And the median was 2.44.

BKHYY's Cyclically Adjusted PS Ratio is ranked worse than
54.65% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs BKHYY: 2.56

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.

Bank Hapoalim BM's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.800. 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 $17.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Hapoalim BM Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank Hapoalim BM'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.

Bank Hapoalim BM Cyclically Adjusted PS Ratio Chart

Bank Hapoalim BM 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 2.57 2.02 2.78 2.58 2.54

Bank Hapoalim BM 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 2.58 2.36 2.37 2.61 2.54

Competitive Comparison of Bank Hapoalim BM's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank Hapoalim BM'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.


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

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

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



Bank Hapoalim BM 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.45/17.04
=2.55

* 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.

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

For example, Bank Hapoalim BM'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)
=4.8/129.4194*129.4194
=4.800

Current CPI (Dec. 2023) = 129.4194.

Bank Hapoalim BM Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.260 99.695 4.232
201406 3.567 100.560 4.591
201409 3.403 100.428 4.385
201412 3.506 99.070 4.580
201503 3.506 99.621 4.555
201506 3.713 100.684 4.773
201509 3.452 100.392 4.450
201512 3.383 99.792 4.387
201603 3.435 100.470 4.425
201606 3.836 101.688 4.882
201609 3.481 101.861 4.423
201612 1.795 101.863 2.281
201703 3.496 102.862 4.399
201706 3.090 103.349 3.869
201709 3.156 104.136 3.922
201712 2.956 104.011 3.678
201803 3.091 105.290 3.799
201806 3.460 106.317 4.212
201809 3.554 106.507 4.319
201812 3.503 105.998 4.277
201903 3.102 107.251 3.743
201906 3.545 108.070 4.245
201909 3.153 108.329 3.767
201912 3.264 108.420 3.896
202003 3.222 108.902 3.829
202006 3.098 108.767 3.686
202009 3.218 109.815 3.792
202012 3.138 109.897 3.695
202103 3.489 111.754 4.041
202106 3.447 114.631 3.892
202109 3.546 115.734 3.965
202112 3.468 117.630 3.816
202203 3.768 121.301 4.020
202206 3.976 125.017 4.116
202209 4.664 125.227 4.820
202212 5.065 125.222 5.235
202303 5.229 127.348 5.314
202306 5.603 128.729 5.633
202309 5.183 129.860 5.165
202312 4.800 129.419 4.800

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.


Bank Hapoalim BM  (OTCPK:BKHYY) 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.


Bank Hapoalim BM Cyclically Adjusted PS Ratio Related Terms

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Bank Hapoalim BM (Bank Hapoalim BM) Business Description

Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.