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Abu Dhabi Islamic Bank - Egypt (CAI:ADIB) Cyclically Adjusted PS Ratio : 2.04 (As of Jun. 09, 2024)


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What is Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Abu Dhabi Islamic Bank - Egypt's current share price is E£37.26. Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was E£18.28. Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PS Ratio for today is 2.04.

The historical rank and industry rank for Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PS Ratio or its related term are showing as below:

CAI:ADIB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.27   Max: 3.24
Current: 2.11

During the past years, Abu Dhabi Islamic Bank - Egypt's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 0.81. And the median was 1.27.

CAI:ADIB's Cyclically Adjusted PS Ratio is ranked better than
57.8% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs CAI:ADIB: 2.11

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.

Abu Dhabi Islamic Bank - Egypt's adjusted revenue per share data for the three months ended in Mar. 2024 was E£7.057. 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 E£18.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Abu Dhabi Islamic Bank - Egypt'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.

Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted PS Ratio Chart

Abu Dhabi Islamic Bank - Egypt 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 - - 1.21 1.22 2.31

Abu Dhabi Islamic Bank - Egypt Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.19 1.43 1.59 2.31 2.16

Competitive Comparison of Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Abu Dhabi Islamic Bank - Egypt'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.


Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PS Ratio falls into.



Abu Dhabi Islamic Bank - Egypt 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.

Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.26/18.28
=2.04

* 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.

Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Abu Dhabi Islamic Bank - Egypt's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.057/131.7762*131.7762
=7.057

Current CPI (Mar. 2024) = 131.7762.

Abu Dhabi Islamic Bank - Egypt Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.132 100.560 1.483
201409 1.227 100.428 1.610
201412 1.347 99.070 1.792
201503 1.768 99.621 2.339
201506 1.656 100.684 2.167
201509 1.816 100.392 2.384
201512 1.802 99.792 2.380
201603 2.883 100.470 3.781
201606 2.127 101.688 2.756
201609 2.374 101.861 3.071
201612 9.046 101.863 11.702
201703 2.522 102.862 3.231
201706 2.864 103.349 3.652
201709 2.906 104.136 3.677
201712 3.380 104.011 4.282
201803 3.342 105.290 4.183
201806 3.414 106.317 4.232
201809 3.743 106.507 4.631
201812 3.952 105.998 4.913
201903 4.018 107.251 4.937
201906 0.000 108.070 0.000
201909 4.334 108.329 5.272
201912 4.058 108.420 4.932
202003 4.515 108.902 5.463
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 4.919 115.734 5.601
202112 5.245 117.630 5.876
202203 6.812 121.301 7.400
202206 6.292 125.017 6.632
202209 7.084 125.227 7.455
202212 4.588 125.222 4.828
202303 4.958 127.348 5.130
202306 6.454 128.729 6.607
202309 4.739 129.860 4.809
202312 5.052 129.419 5.144
202403 7.057 131.776 7.057

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.


Abu Dhabi Islamic Bank - Egypt  (CAI:ADIB) 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.


Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted PS Ratio Related Terms

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Abu Dhabi Islamic Bank - Egypt (CAI:ADIB) Business Description

Traded in Other Exchanges
N/A
Address
9A Rustom Street, Garden City, Cairo, EGY, 11511
Abu Dhabi Islamic Bank - Egypt is engaged in the provision of banking services. The bank operates in the following segments :Large, medium and small enterprises, Investment, Retail, and other activities. It provides personal banking solutions comprising of current, SMART, tiered monthly saving account, wealth management services, bancassurance, and various credit and debit card facilities. Additionally, the bank renders corporate finance, and treasury services comprising of foreign exchange, sharia-compliant products, and market analysis. Further, it also grants Islamic options for the letter of guarantee and letter of credit.

Abu Dhabi Islamic Bank - Egypt (CAI:ADIB) Headlines

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