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Bancontander (LSE:BNC) Cyclically Adjusted PS Ratio : 1.37 (As of Apr. 29, 2024)


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What is Bancontander Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Bancontander's current share price is £4.135. Bancontander's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was £3.01. Bancontander's Cyclically Adjusted PS Ratio for today is 1.37.

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

LSE:BNC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.01   Max: 1.74
Current: 1.4

During the past years, Bancontander's highest Cyclically Adjusted PS Ratio was 1.74. The lowest was 0.41. And the median was 1.01.

LSE:BNC's Cyclically Adjusted PS Ratio is ranked better than
77.63% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs LSE:BNC: 1.40

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.

Bancontander's adjusted revenue per share data for the three months ended in Dec. 2023 was £0.719. 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 £3.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bancontander'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.

Bancontander Cyclically Adjusted PS Ratio Chart

Bancontander 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 0.94 0.73 0.85 0.81 1.09

Bancontander 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 0.81 0.99 0.97 1.02 1.09

Competitive Comparison of Bancontander's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Bancontander'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.


Bancontander's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bancontander 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.

Bancontander's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.135/3.01
=1.37

* 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.

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

For example, Bancontander'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)
=0.719/121.2698*121.2698
=0.719

Current CPI (Dec. 2023) = 121.2698.

Bancontander Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.624 100.139 0.756
201406 0.589 101.081 0.707
201409 0.576 100.441 0.695
201412 1.014 100.251 1.227
201503 0.492 99.474 0.600
201506 0.728 101.138 0.873
201509 0.549 99.559 0.669
201512 0.529 100.268 0.640
201603 0.577 98.638 0.709
201606 0.614 100.333 0.742
201609 0.609 99.737 0.740
201612 0.625 101.842 0.744
201703 0.686 100.896 0.825
201706 0.703 101.848 0.837
201709 0.656 101.524 0.784
201712 0.654 102.975 0.770
201803 0.646 102.122 0.767
201806 0.647 104.165 0.753
201809 0.563 103.818 0.658
201812 0.690 104.193 0.803
201903 0.637 103.488 0.746
201906 0.677 104.612 0.785
201909 0.451 103.905 0.526
201912 0.641 105.015 0.740
202003 0.625 103.469 0.733
202006 0.568 104.254 0.661
202009 0.706 103.521 0.827
202012 0.536 104.456 0.622
202103 0.503 104.857 0.582
202106 0.620 107.102 0.702
202109 0.527 107.669 0.594
202112 0.831 111.298 0.905
202203 0.581 115.153 0.612
202206 0.600 118.044 0.616
202209 0.657 117.221 0.680
202212 0.658 117.650 0.678
202303 0.710 118.948 0.724
202306 0.716 120.278 0.722
202309 0.742 121.343 0.742
202312 0.719 121.270 0.719

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.


Bancontander  (LSE:BNC) 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.


Bancontander Cyclically Adjusted PS Ratio Related Terms

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


Bancontander (LSE:BNC) Business Description

Address
Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's U.K. presence is the result of its acquisition of Abbey building society. In the U.S., Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.

Bancontander (LSE:BNC) Headlines

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