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Banco de Occidente (BOG:OCCIDENTE) Cyclically Adjusted PS Ratio : 0.67 (As of May. 14, 2024)


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What is Banco de Occidente Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Banco de Occidente's current share price is COP13980.00. Banco de Occidente's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was COP20,808.70. Banco de Occidente's Cyclically Adjusted PS Ratio for today is 0.67.

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

BOG:OCCIDENTE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.59   Max: 0.67
Current: 0.67

During the past years, Banco de Occidente's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.58. And the median was 0.59.

BOG:OCCIDENTE's Cyclically Adjusted PS Ratio is ranked better than
93.38% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs BOG:OCCIDENTE: 0.67

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.

Banco de Occidente's adjusted revenue per share data for the three months ended in Dec. 2023 was COP6,957.640. 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 COP20,808.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco de Occidente Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banco de Occidente'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.

Banco de Occidente Cyclically Adjusted PS Ratio Chart

Banco de Occidente 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 - - - - 0.58

Banco de Occidente 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 - - - - 0.58

Competitive Comparison of Banco de Occidente's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banco de Occidente'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.


Banco de Occidente's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Banco de Occidente 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.

Banco de Occidente's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13980.00/20808.7
=0.67

* 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.

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

For example, Banco de Occidente'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)
=6957.64/129.4194*129.4194
=6,957.640

Current CPI (Dec. 2023) = 129.4194.

Banco de Occidente Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201603 2,538.640 100.470 3,270.110
201606 3,427.133 101.688 4,361.744
201609 4,141.546 101.861 5,262.037
201612 4,294.003 101.863 5,455.651
201703 1,917.537 102.862 2,412.611
201706 4,071.636 103.349 5,098.725
201709 4,988.114 104.136 6,199.213
201712 3,553.791 104.011 4,421.927
201803 4,400.680 105.290 5,409.213
201806 3,936.998 106.317 4,792.506
201809 4,207.588 106.507 5,112.763
201812 4,470.122 105.998 5,457.849
201903 4,368.146 107.251 5,271.051
201906 4,953.554 108.070 5,932.164
201909 3,948.833 108.329 4,717.608
201912 5,520.443 108.420 6,589.668
202003 4,495.773 108.902 5,342.812
202006 4,202.996 108.767 5,001.036
202009 4,285.638 109.815 5,050.724
202012 5,687.383 109.897 6,697.717
202103 4,548.993 111.754 5,268.052
202106 4,361.238 114.631 4,923.859
202109 3,980.815 115.734 4,451.530
202112 5,845.369 117.630 6,431.245
202203 4,178.153 121.301 4,457.787
202206 4,763.797 125.017 4,931.559
202209 4,406.267 125.227 4,553.800
202212 6,595.080 125.222 6,816.156
202303 4,828.095 127.348 4,906.635
202306 5,728.749 128.729 5,759.487
202309 5,172.226 129.860 5,154.697
202312 6,957.640 129.419 6,957.640

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.


Banco de Occidente  (BOG:OCCIDENTE) 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.


Banco de Occidente Cyclically Adjusted PS Ratio Related Terms

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


Banco de Occidente (BOG:OCCIDENTE) Business Description

Traded in Other Exchanges
N/A
Address
No 7-61 Carrera 4, Piso 15, Cali, COL
Banco de Occidente SA is a Colombia based banking firm. The company offers personal banking services, including current and savings accounts; debit and credit cards; revolving credit, and credit warrant, as well as business banking products and services.

Banco de Occidente (BOG:OCCIDENTE) Headlines

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