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Banca Ifis (CHIX:IFM) Cyclically Adjusted PS Ratio : 1.70 (As of Apr. 28, 2024)


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What is Banca Ifis Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Banca Ifis's current share price is €17.015. Banca Ifis's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €10.00. Banca Ifis's Cyclically Adjusted PS Ratio for today is 1.70.

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

CHIX:IFm' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.94   Max: 9.76
Current: 2.12

During the past years, Banca Ifis's highest Cyclically Adjusted PS Ratio was 9.76. The lowest was 1.06. And the median was 1.94.

CHIX:IFm's Cyclically Adjusted PS Ratio is ranked better than
59.21% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs CHIX:IFm: 2.12

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.

Banca Ifis's adjusted revenue per share data for the three months ended in Dec. 2023 was €1.319. 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 €10.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banca Ifis Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banca Ifis'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.

Banca Ifis Cyclically Adjusted PS Ratio Chart

Banca Ifis 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 2.32 1.35 2.21 1.45 1.60

Banca Ifis 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 1.45 1.49 1.52 1.66 1.60

Competitive Comparison of Banca Ifis's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banca Ifis'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.


Banca Ifis's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Banca Ifis 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.

Banca Ifis's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.015/10
=1.70

* 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.

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

For example, Banca Ifis'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)
=1.319/119.5000*119.5000
=1.319

Current CPI (Dec. 2023) = 119.5000.

Banca Ifis Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.329 99.907 1.590
201406 1.399 100.093 1.670
201409 1.291 99.814 1.546
201412 1.430 99.721 1.714
201503 1.408 99.814 1.686
201506 3.605 100.279 4.296
201509 1.110 100.000 1.326
201512 1.459 99.814 1.747
201603 1.454 99.600 1.745
201606 1.641 99.900 1.963
201609 1.761 100.100 2.102
201612 1.914 100.300 2.280
201703 2.055 101.000 2.431
201706 1.942 101.100 2.295
201709 2.342 101.200 2.766
201712 1.399 101.200 1.652
201803 2.608 101.800 3.061
201806 1.371 102.400 1.600
201809 2.558 102.600 2.979
201812 0.773 102.300 0.903
201903 2.565 102.800 2.982
201906 2.488 103.100 2.884
201909 2.333 102.900 2.709
201912 3.308 102.800 3.845
202003 2.583 102.900 3.000
202006 2.077 102.900 2.412
202009 2.125 102.300 2.482
202012 2.356 102.600 2.744
202103 2.731 103.700 3.147
202106 2.855 104.200 3.274
202109 3.014 104.900 3.433
202112 0.688 106.600 0.771
202203 3.203 110.400 3.467
202206 3.153 112.500 3.349
202209 3.252 114.200 3.403
202212 1.233 119.000 1.238
202303 3.498 118.800 3.519
202306 3.402 119.700 3.396
202309 3.216 120.300 3.195
202312 1.319 119.500 1.319

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.


Banca Ifis  (CHIX:IFm) 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.


Banca Ifis Cyclically Adjusted PS Ratio Related Terms

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


Banca Ifis (CHIX:IFM) Business Description

Industry
Traded in Other Exchanges
Address
Via Terraglio, 63, Mestre, Venice, ITA, 30174
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.

Banca Ifis (CHIX:IFM) Headlines

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