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Dubai Islamic Bank PJSC (DFM:DIB) Cyclically Adjusted PS Ratio : 3.55 (As of Apr. 27, 2024)


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What is Dubai Islamic Bank PJSC Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Dubai Islamic Bank PJSC's current share price is د.إ5.50. Dubai Islamic Bank PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was د.إ1.55. Dubai Islamic Bank PJSC's Cyclically Adjusted PS Ratio for today is 3.55.

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

DFM:DIB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.73   Med: 4.25   Max: 5.35
Current: 3.54

During the past years, Dubai Islamic Bank PJSC's highest Cyclically Adjusted PS Ratio was 5.35. The lowest was 2.73. And the median was 4.25.

DFM:DIB's Cyclically Adjusted PS Ratio is ranked worse than
75.42% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs DFM:DIB: 3.54

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.

Dubai Islamic Bank PJSC's adjusted revenue per share data for the three months ended in Mar. 2024 was د.إ0.402. 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 د.إ1.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dubai Islamic Bank PJSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dubai Islamic Bank PJSC'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.

Dubai Islamic Bank PJSC Cyclically Adjusted PS Ratio Chart

Dubai Islamic Bank PJSC 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 4.76 3.89 4.08 3.92 3.70

Dubai Islamic Bank PJSC 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 3.52 3.61 3.80 3.70 3.76

Competitive Comparison of Dubai Islamic Bank PJSC's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Dubai Islamic Bank PJSC'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.


Dubai Islamic Bank PJSC's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Dubai Islamic Bank PJSC's Cyclically Adjusted PS Ratio falls into.



Dubai Islamic Bank PJSC 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.

Dubai Islamic Bank PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.50/1.55
=3.55

* 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.

Dubai Islamic Bank PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dubai Islamic Bank PJSC'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)
=0.402/129.4194*129.4194
=0.402

Current CPI (Mar. 2024) = 129.4194.

Dubai Islamic Bank PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.269 100.560 0.346
201409 0.286 100.428 0.369
201412 0.249 99.070 0.325
201503 0.295 99.621 0.383
201506 0.331 100.684 0.425
201509 0.330 100.392 0.425
201512 0.323 99.792 0.419
201603 0.360 100.470 0.464
201606 0.339 101.688 0.431
201609 0.300 101.861 0.381
201612 0.223 101.863 0.283
201703 0.320 102.862 0.403
201706 0.330 103.349 0.413
201709 0.352 104.136 0.437
201712 0.241 104.011 0.300
201803 0.338 105.290 0.415
201806 0.354 106.317 0.431
201809 0.305 106.507 0.371
201812 0.325 105.998 0.397
201903 0.339 107.251 0.409
201906 0.356 108.070 0.426
201909 0.331 108.329 0.395
201912 0.365 108.420 0.436
202003 0.338 108.902 0.402
202006 0.317 108.767 0.377
202009 0.304 109.815 0.358
202012 0.347 109.897 0.409
202103 0.295 111.754 0.342
202106 0.318 114.631 0.359
202109 0.346 115.734 0.387
202112 0.313 117.630 0.344
202203 0.321 121.301 0.342
202206 0.355 125.017 0.368
202209 0.358 125.227 0.370
202212 0.384 125.222 0.397
202303 0.364 127.348 0.370
202306 0.387 128.729 0.389
202309 0.405 129.860 0.404
202312 0.417 129.419 0.417
202403 0.402 129.419 0.402

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.


Dubai Islamic Bank PJSC  (DFM:DIB) 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.


Dubai Islamic Bank PJSC Cyclically Adjusted PS Ratio Related Terms

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


Dubai Islamic Bank PJSC (DFM:DIB) Business Description

Traded in Other Exchanges
N/A
Address
Building 2, Al Maktoum Road, P.O. Box 1080, Opposite DNATA, Deira, Dubai, ARE
Dubai Islamic Bank PJSC is a full-service Islamic bank is engaged in corporate, retail, and investment banking activities. Contracts in the form of Murabahas and leases in the form of Ijarahs constitute a majority of the bank's financing and investment assets. Most of its financing and investment arrangements are made within the United Arab Emirates, a large portion of which are in consumer financing, real estate and contracting, consumer home finance, and services and manufacturing.

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