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Saudi National Bank (SAU:1180) Cyclically Adjusted PS Ratio : 6.15 (As of Apr. 29, 2024)


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What is Saudi National Bank Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Saudi National Bank's current share price is ﷼36.95. Saudi National Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ﷼6.01. Saudi National Bank's Cyclically Adjusted PS Ratio for today is 6.15.

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

SAU:1180' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.27   Med: 6.44   Max: 7.16
Current: 6.15

During the past years, Saudi National Bank's highest Cyclically Adjusted PS Ratio was 7.16. The lowest was 5.27. And the median was 6.44.

SAU:1180's Cyclically Adjusted PS Ratio is ranked worse than
92.43% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs SAU:1180: 6.15

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.

Saudi National Bank's adjusted revenue per share data for the three months ended in Dec. 2023 was ﷼1.725. 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 ﷼6.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saudi National Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saudi National 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.

Saudi National Bank Cyclically Adjusted PS Ratio Chart

Saudi National 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 - - - - 6.43

Saudi National Bank 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 - - - 5.46 6.43

Competitive Comparison of Saudi National Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Saudi National 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.


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

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

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



Saudi National 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.95/6.01
=6.15

* 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.

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

For example, Saudi National Bank'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)
=1.725/129.4194*129.4194
=1.725

Current CPI (Dec. 2023) = 129.4194.

Saudi National Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.987 99.695 1.281
201406 1.057 100.560 1.360
201409 1.040 100.428 1.340
201412 1.035 99.070 1.352
201503 1.147 99.621 1.490
201506 1.097 100.684 1.410
201509 1.106 100.392 1.426
201512 1.099 99.792 1.425
201603 1.201 100.470 1.547
201606 1.146 101.688 1.459
201609 1.126 101.861 1.431
201612 1.281 101.863 1.628
201703 1.199 102.862 1.509
201706 1.119 103.349 1.401
201709 1.109 104.136 1.378
201712 1.268 104.011 1.578
201803 1.171 105.290 1.439
201806 1.136 106.317 1.383
201809 1.162 106.507 1.412
201812 1.385 105.998 1.691
201903 1.211 107.251 1.461
201906 1.250 108.070 1.497
201909 1.205 108.329 1.440
201912 1.575 108.420 1.880
202003 1.310 108.902 1.557
202006 1.166 108.767 1.387
202009 1.386 109.815 1.633
202012 1.679 109.897 1.977
202103 1.450 111.754 1.679
202106 1.318 114.631 1.488
202109 1.363 115.734 1.524
202112 1.429 117.630 1.572
202203 1.351 121.301 1.441
202206 1.412 125.017 1.462
202209 1.401 125.227 1.448
202212 1.563 125.222 1.615
202303 1.463 127.348 1.487
202306 1.423 128.729 1.431
202309 1.452 129.860 1.447
202312 1.725 129.419 1.725

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.


Saudi National Bank  (SAU:1180) 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.


Saudi National Bank Cyclically Adjusted PS Ratio Related Terms

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


Saudi National Bank (SAU:1180) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road, The Saudi National Bank Tower, King Abdullah Financial District, 3208 - Al Aqeeq District Unit No. 778, Riyadh, SAU, 13519 - 6676
Saudi National Bank is the largest financial institution in Saudi Arabia. It is engaged in the treasury and capital markets, asset management, brokerage, and investment banks. It has a presence in the Middle East, South Asia, and Turkey. Its operating segments include Retail Banking; Wholesale Banking; Capital Market; and International Banking. The majority of its revenue gets derived from the Retail segment.

Saudi National Bank (SAU:1180) Headlines

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