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AB Bank (DHA:ABBANK) Cyclically Adjusted PS Ratio : 0.47 (As of Jun. 03, 2024)


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What is AB Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-03), AB Bank's current share price is BDT7.00. AB Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was BDT15.04. AB Bank's Cyclically Adjusted PS Ratio for today is 0.47.

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

DHA:ABBANK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.65   Max: 0.85
Current: 0.47

During the past years, AB Bank's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.44. And the median was 0.65.

DHA:ABBANK's Cyclically Adjusted PS Ratio is ranked better than
95.53% of 1185 companies
in the Banks industry
Industry Median: 2.38 vs DHA:ABBANK: 0.47

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.

AB Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was BDT2.011. 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 BDT15.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AB Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AB Bank'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.

AB Bank Cyclically Adjusted PS Ratio Chart

AB Bank 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 - - - 0.65 0.65

AB Bank 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 0.65 0.64 0.65 0.65 0.62

Competitive Comparison of AB Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, AB Bank'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.


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

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

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



AB Bank 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.00/15.04
=0.47

* 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.

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

For example, AB Bank'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)
=2.011/131.7762*131.7762
=2.011

Current CPI (Mar. 2024) = 131.7762.

AB Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.404 100.560 4.461
201409 3.919 100.428 5.142
201412 3.183 99.070 4.234
201503 3.159 99.621 4.179
201506 3.373 100.684 4.415
201509 2.840 100.392 3.728
201512 3.266 99.792 4.313
201603 3.255 100.470 4.269
201606 3.734 101.688 4.839
201609 3.660 101.861 4.735
201612 2.114 101.863 2.735
201703 3.400 102.862 4.356
201706 3.280 103.349 4.182
201709 2.390 104.136 3.024
201712 2.501 104.011 3.169
201803 1.776 105.290 2.223
201806 2.867 106.317 3.554
201809 2.658 106.507 3.289
201812 1.613 105.998 2.005
201903 1.925 107.251 2.365
201906 1.949 108.070 2.377
201909 1.622 108.329 1.973
201912 8.318 108.420 10.110
202003 1.800 108.902 2.178
202006 2.907 108.767 3.522
202009 3.039 109.815 3.647
202012 5.445 109.897 6.529
202103 1.898 111.754 2.238
202106 3.093 114.631 3.556
202109 2.808 115.734 3.197
202112 5.227 117.630 5.856
202203 2.418 121.301 2.627
202206 2.620 125.017 2.762
202209 2.481 125.227 2.611
202212 4.450 125.222 4.683
202303 2.117 127.348 2.191
202306 3.220 128.729 3.296
202309 2.347 129.860 2.382
202312 4.460 129.419 4.541
202403 2.011 131.776 2.011

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.


AB Bank  (DHA:ABBANK) 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.


AB Bank Cyclically Adjusted PS Ratio Related Terms

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


AB Bank (DHA:ABBANK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
The Skymark, 18 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212
AB Bank PLC, together with its subsidiaries, provides various financial products and services in Bangladesh and international markets. The company also provides personal, auto, education, and home loans. AB offers a wide range of depository and loan products to cater to virtually every customer segment. From Student Banking to Priority Banking AB approximately has all banking products in its stock. It also provides Small and Medium Enterprise (SME) credit, Women's Entrepreneur, Consumer Loans, Debit and Credit Cards (Local and International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking.

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