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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Cyclically Adjusted PS Ratio : 6.56 (As of Apr. 27, 2024)


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What is Banco Latinoamericano de Comercio Exterior Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Banco Latinoamericano de Comercio Exterior's current share price is $29.58. Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.51. Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PS Ratio for today is 6.56.

The historical rank and industry rank for Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PS Ratio or its related term are showing as below:

BLX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.19   Med: 6.06   Max: 10.6
Current: 6.56

During the past years, Banco Latinoamericano de Comercio Exterior's highest Cyclically Adjusted PS Ratio was 10.60. The lowest was 2.19. And the median was 6.06.

BLX's Cyclically Adjusted PS Ratio is ranked worse than
93.16% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs BLX: 6.56

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.

Banco Latinoamericano de Comercio Exterior's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.983. 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 $4.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Latinoamericano de Comercio Exterior Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banco Latinoamericano de Comercio Exterior'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 Latinoamericano de Comercio Exterior Cyclically Adjusted PS Ratio Chart

Banco Latinoamericano de Comercio Exterior 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 5.76 4.21 4.32 4.03 5.58

Banco Latinoamericano de Comercio Exterior Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.19 5.23 4.88 5.58 6.57

Competitive Comparison of Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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 Latinoamericano de Comercio Exterior's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PS Ratio falls into.



Banco Latinoamericano de Comercio Exterior 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 Latinoamericano de Comercio Exterior's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.58/4.51
=6.56

* 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 Latinoamericano de Comercio Exterior's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Banco Latinoamericano de Comercio Exterior's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.983/129.4194*129.4194
=1.983

Current CPI (Mar. 2024) = 129.4194.

Banco Latinoamericano de Comercio Exterior Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.960 100.560 1.236
201409 1.111 100.428 1.432
201412 1.328 99.070 1.735
201503 1.108 99.621 1.439
201506 0.969 100.684 1.246
201509 1.337 100.392 1.724
201512 0.976 99.792 1.266
201603 0.946 100.470 1.219
201606 1.120 101.688 1.425
201609 1.111 101.861 1.412
201612 1.106 101.863 1.405
201703 0.882 102.862 1.110
201706 0.875 103.349 1.096
201709 0.786 104.136 0.977
201712 0.878 104.011 1.092
201803 0.730 105.290 0.897
201806 0.779 106.317 0.948
201809 -0.633 106.507 -0.769
201812 0.895 105.998 1.093
201903 0.787 107.251 0.950
201906 0.850 108.070 1.018
201909 0.745 108.329 0.890
201912 0.843 108.420 1.006
202003 0.726 108.902 0.863
202006 0.502 108.767 0.597
202009 0.638 109.815 0.752
202012 0.638 109.897 0.751
202103 0.553 111.754 0.640
202106 0.645 114.631 0.728
202109 0.692 115.734 0.774
202112 0.825 117.630 0.908
202203 0.583 121.301 0.622
202206 1.017 125.017 1.053
202209 1.275 125.227 1.318
202212 0.899 125.222 0.929
202303 1.627 127.348 1.653
202306 1.572 128.729 1.580
202309 1.965 129.860 1.958
202312 2.129 129.419 2.129
202403 1.983 129.419 1.983

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 Latinoamericano de Comercio Exterior  (NYSE:BLX) 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 Latinoamericano de Comercio Exterior Cyclically Adjusted PS Ratio Related Terms

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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Traded in Other Exchanges
Address
Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN
Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.