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International Bancshares (International Bancshares) Cyclically Adjusted PS Ratio : 5.30 (As of Apr. 28, 2024)


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What is International Bancshares Cyclically Adjusted PS Ratio?

As of today (2024-04-28), International Bancshares's current share price is $56.15. International Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.60. International Bancshares's Cyclically Adjusted PS Ratio for today is 5.30.

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

IBOC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.96   Med: 4.26   Max: 6.01
Current: 5.3

During the past years, International Bancshares's highest Cyclically Adjusted PS Ratio was 6.01. The lowest was 1.96. And the median was 4.26.

IBOC's Cyclically Adjusted PS Ratio is ranked worse than
88.43% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs IBOC: 5.30

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.

International Bancshares's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.392. 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 $10.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Bancshares Cyclically Adjusted PS Ratio Historical Data

The historical data trend for International Bancshares'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.

International Bancshares Cyclically Adjusted PS Ratio Chart

International Bancshares 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 5.00 4.36 4.61 4.62 5.12

International Bancshares 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 4.62 4.22 4.27 4.11 5.12

Competitive Comparison of International Bancshares's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, International Bancshares'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.


International Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



International Bancshares 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.

International Bancshares's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.15/10.6
=5.30

* 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.

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

For example, International Bancshares'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)
=3.392/129.4194*129.4194
=3.392

Current CPI (Dec. 2023) = 129.4194.

International Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.140 99.695 2.778
201406 1.926 100.560 2.479
201409 1.833 100.428 2.362
201412 1.936 99.070 2.529
201503 1.874 99.621 2.435
201506 1.918 100.684 2.465
201509 1.989 100.392 2.564
201512 1.844 99.792 2.391
201603 1.923 100.470 2.477
201606 1.845 101.688 2.348
201609 1.900 101.861 2.414
201612 1.947 101.863 2.474
201703 1.879 102.862 2.364
201706 1.924 103.349 2.409
201709 2.072 104.136 2.575
201712 2.010 104.011 2.501
201803 2.068 105.290 2.542
201806 2.160 106.317 2.629
201809 2.219 106.507 2.696
201812 2.232 105.998 2.725
201903 2.211 107.251 2.668
201906 2.220 108.070 2.659
201909 2.315 108.329 2.766
201912 2.216 108.420 2.645
202003 2.115 108.902 2.513
202006 2.168 108.767 2.580
202009 2.081 109.815 2.453
202012 2.068 109.897 2.435
202103 2.006 111.754 2.323
202106 2.979 114.631 3.363
202109 2.232 115.734 2.496
202112 2.132 117.630 2.346
202203 2.103 121.301 2.244
202206 2.317 125.017 2.399
202209 3.043 125.227 3.145
202212 3.294 125.222 3.404
202303 3.300 127.348 3.354
202306 3.282 128.729 3.300
202309 3.395 129.860 3.383
202312 3.392 129.419 3.392

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.


International Bancshares  (NAS:IBOC) 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.


International Bancshares Cyclically Adjusted PS Ratio Related Terms

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


International Bancshares (International Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1200 San Bernardo Avenue, Laredo, TX, USA, 78042 - 1359
International Bancshares Corp is a financial holding company with bank subsidiaries that provide commercial and retail banking services, primarily in Texas and Oklahoma. The subsidiaries gather funds from various sources and invest these funds to earn a return. Fund gathering primarily takes the form of accepting demand and time deposits. The bank subsidiaries have historically focused on providing commercial banking services to small and medium-size businesses. The subsidiaries have increasingly transitioned to also providing consumer and retail banking, including mortgage lending. The company's strategy emphasizes customer service and expense control. The company generates net revenue primarily through net interest income.
Executives
Sanchez Antonio R Jr director, 10 percent owner 1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Diana G Zuniga director 1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78040
Dalia F Martinez officer: VICE PRESIDENT 1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78042
Rudolph Miles director 1200 SAN BERNARDO, LAREDO TX 78040
Anda Javier De director 1200 SAN BERNARDO, LAREDO TX 78040
Roberto R Resendez director 1200 SAN BERNARDO, LAREDO TX 78040
Judith I Wawroski officer: Treasurer/PAO 1200 SAN BERNARDO, LAREDO TX 78040
Julie L Tarvin officer: VICE PRESIDENT 1200 SAN BERNARDO, LAREDO TX 78040
R David Guerra director
Imelda Navarro director, officer: Executive Officer
Leonardo Salinas director PO BOX 1359, LAREDO TX 78040
Larry A Norton director 1200 SAN BERNARDO AVE., LAREDO TX 78040
Hastings Daniel B Jr director P O BOX 1359, LAREDO TX 78040
Dennis E Nixon director, officer: CEO P.O. BOX 1359, LAREDO TX 78040
Douglas B Howland director 1200 SAN BERNARDO AVE., LAREDO TX 78040

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