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JSC VTB Bank (CHIX:VTBRL) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is JSC VTB Bank 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


JSC VTB Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JSC VTB 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.

JSC VTB Bank Cyclically Adjusted PS Ratio Chart

JSC VTB Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.70 0.50 0.57 -

JSC VTB Bank Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Jun23
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 0.61 0.64 0.57 - 0.22

Competitive Comparison of JSC VTB Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, JSC VTB 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.


JSC VTB Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



JSC VTB 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.

JSC VTB Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, JSC VTB Bank's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.634/238.3000*238.3000
=0.634

Current CPI (Jun. 2023) = 238.3000.

JSC VTB Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 0.657 115.700 1.353
201212 0.691 117.300 1.404
201303 0.623 119.500 1.242
201306 0.549 121.400 1.078
201309 0.522 122.800 1.013
201312 0.677 124.900 1.292
201403 0.505 127.800 0.942
201406 0.549 130.900 0.999
201409 0.557 132.700 1.000
201412 0.559 139.000 0.958
201503 0.285 149.400 0.455
201506 0.415 150.900 0.655
201509 0.342 153.500 0.531
201512 0.323 157.000 0.490
201603 0.336 160.200 0.500
201606 0.380 162.200 0.558
201609 0.379 163.300 0.553
201612 0.423 165.400 0.609
201703 0.507 167.000 0.723
201706 0.467 169.200 0.658
201709 0.447 168.200 0.633
201712 0.525 169.600 0.738
201803 0.627 171.000 0.874
201806 0.496 173.100 0.683
201809 0.486 173.900 0.666
201812 0.436 176.800 0.588
201903 0.466 179.900 0.617
201906 0.406 181.200 0.534
201909 0.486 180.800 0.641
201912 0.447 182.200 0.585
202003 0.458 184.500 0.592
202006 0.354 187.000 0.451
202009 0.383 187.400 0.487
202012 0.343 191.100 0.428
202103 0.458 195.200 0.559
202106 0.498 199.100 0.596
202109 0.480 201.300 0.568
202112 0.466 207.200 0.536
202212 0.000 231.900 0.000
202306 0.634 238.300 0.634

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.


JSC VTB Bank  (CHIX:VTBRl) 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.


JSC VTB Bank Cyclically Adjusted PS Ratio Related Terms

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JSC VTB Bank (CHIX:VTBRL) Business Description

Industry
Traded in Other Exchanges
Address
11A Degtyarniy Lane, Saint Petersburg, RUS, 191144
JSC VTB Bank and its subsidiaries are providers of banking products and services, domiciled in the Russian Federation. The bank earns the majority of its revenue domestically. Its revenue driver of the bank is the corporate/investment banking segment, which offers services such as commercial lending, currencies, export and import transactions, securities trading, derivatives, broking, dealing, corporate finance, asset management, and financial consulting.

JSC VTB Bank (CHIX:VTBRL) Headlines

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