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EQB (TSX:EQB) Cyclically Adjusted PS Ratio : 4.98 (As of Jun. 27, 2025)


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What is EQB Cyclically Adjusted PS Ratio?

As of today (2025-06-27), EQB's current share price is C$98.74. EQB's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 was C$19.84. EQB's Cyclically Adjusted PS Ratio for today is 4.98.

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

TSX:EQB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.79   Med: 5.07   Max: 7.37
Current: 4.98

During the past years, EQB's highest Cyclically Adjusted PS Ratio was 7.37. The lowest was 2.79. And the median was 5.07.

TSX:EQB's Cyclically Adjusted PS Ratio is ranked worse than
84.29% of 1254 companies
in the Banks industry
Industry Median: 2.74 vs TSX:EQB: 4.98

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.

EQB's adjusted revenue per share data for the three months ended in Apr. 2025 was C$8.163. 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 C$19.84 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


EQB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EQB'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.

EQB Cyclically Adjusted PS Ratio Chart

EQB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.30 5.08 5.86 4.04 5.79

EQB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 4.86 5.38 5.79 5.70 4.80

Competitive Comparison of EQB's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, EQB'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.


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

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

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


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EQB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.74/19.84
=4.98

* 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.

EQB's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, EQB's adjusted Revenue per Share data for the three months ended in Apr. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=8.163/129.1809*129.1809
=8.163

Current CPI (Apr. 2025) = 129.1809.

EQB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.920 99.789 2.486
201506 2.089 100.500 2.685
201509 2.094 100.421 2.694
201512 2.161 99.947 2.793
201603 2.148 101.054 2.746
201606 2.337 102.002 2.960
201609 2.475 101.765 3.142
201612 2.758 101.449 3.512
201703 2.690 102.634 3.386
201706 2.646 103.029 3.318
201709 2.539 103.345 3.174
201712 2.652 103.345 3.315
201803 2.682 105.004 3.300
201806 2.686 105.557 3.287
201809 3.107 105.636 3.800
201812 2.823 105.399 3.460
201903 3.360 106.979 4.057
201906 3.661 107.690 4.392
201909 3.778 107.611 4.535
201912 3.939 107.769 4.722
202003 3.674 107.927 4.398
202006 3.899 108.401 4.646
202009 4.391 108.164 5.244
202012 4.466 108.559 5.314
202103 4.376 110.298 5.125
202106 4.602 111.720 5.321
202109 4.701 112.905 5.379
202112 4.976 113.774 5.650
202203 5.392 117.646 5.921
202206 4.774 120.806 5.105
202209 5.710 120.648 6.114
202212 6.326 120.964 6.756
202303 7.046 122.702 7.418
202306 8.239 124.203 8.569
202401 7.792 125.072 8.048
202404 8.205 126.890 8.353
202407 8.484 128.075 8.557
202410 8.077 127.838 8.162
202501 8.319 127.443 8.432
202504 8.163 129.181 8.163

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.


EQB  (TSX:EQB) 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.


EQB Cyclically Adjusted PS Ratio Related Terms

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


EQB Business Description

Industry
Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Smith Financial Corporation 10% Security Holder
Stephen Smith 10% Security Holder
Andrew Moor Senior Officer
Katherine Ruta Senior Officer
Chadwick Westlake Senior Officer
Timothy Paul Charron Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Daniel Broten Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Paul Mignardi Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Darren Lorimer Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Isabelle Farella Senior Officer
Mahima Poddar Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Stramaglia Director
David Wilkes Senior Officer
Yongah Kim Director
Oakwest Corporation Limited 10% Security Holder

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