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Bancontander (XLIS:SANT) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Bancontander Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 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)
=0.867/121.2698*121.2698
=0.867

Current CPI (Dec. 2023) = 121.2698.

Bancontander Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.782 100.139 0.947
201406 0.765 101.081 0.918
201409 0.760 100.441 0.918
201412 1.343 100.251 1.625
201503 0.708 99.474 0.863
201506 1.055 101.138 1.265
201509 0.783 99.559 0.954
201512 0.758 100.268 0.917
201603 0.771 98.638 0.948
201606 0.810 100.333 0.979
201609 0.744 99.737 0.905
201612 0.772 101.842 0.919
201703 0.827 100.896 0.994
201706 0.836 101.848 0.995
201709 0.766 101.524 0.915
201712 0.773 102.975 0.910
201803 0.763 102.122 0.906
201806 0.769 104.165 0.895
201809 0.658 103.818 0.769
201812 1.033 104.193 1.202
201903 0.686 103.488 0.804
201906 0.911 104.612 1.056
201909 0.537 103.905 0.627
201912 0.789 105.015 0.911
202003 0.733 103.469 0.859
202006 0.686 104.254 0.798
202009 0.687 103.521 0.805
202012 0.710 104.456 0.824
202103 0.709 104.857 0.820
202106 0.724 107.102 0.820
202109 0.735 107.669 0.828
202112 0.746 111.298 0.813
202203 0.760 115.153 0.800
202206 0.761 118.044 0.782
202209 0.800 117.221 0.828
202212 0.802 117.650 0.827
202303 0.831 118.948 0.847
202306 0.838 120.278 0.845
202309 0.885 121.343 0.884
202312 0.867 121.270 0.867

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  (XLIS:SANT) 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

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Bancontander (XLIS:SANT) 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.