GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mutual Trust Bank PLC (DHA:MTB) » Definitions » Cyclically Adjusted PS Ratio

Mutual Trust Bank (DHA:MTB) Cyclically Adjusted PS Ratio : 1.01 (As of Jun. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Mutual Trust Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Mutual Trust Bank's current share price is BDT12.90. Mutual Trust Bank's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was BDT12.79. Mutual Trust Bank's Cyclically Adjusted PS Ratio for today is 1.01.

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

DHA:MTB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.29   Max: 1.35
Current: 1.03

During the past 11 years, Mutual Trust Bank's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 1.03. And the median was 1.29.

DHA:MTB's Cyclically Adjusted PS Ratio is ranked better than
86.33% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs DHA:MTB: 1.03

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.

Mutual Trust Bank's adjusted revenue per share data of for the fiscal year that ended in Dec23 was BDT17.589. 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 BDT12.79 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mutual Trust Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mutual Trust 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.

Mutual Trust Bank Cyclically Adjusted PS Ratio Chart

Mutual Trust Bank 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 - - - 1.34 1.21

Mutual Trust Bank 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 - - - 1.21 -

Competitive Comparison of Mutual Trust Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Mutual Trust 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.


Mutual Trust Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Mutual Trust 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.

Mutual Trust Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.90/12.79
=1.01

* 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.

Mutual Trust Bank's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Mutual Trust Bank's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=17.589/129.4194*129.4194
=17.589

Current CPI (Dec23) = 129.4194.

Mutual Trust Bank Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.389 99.070 8.346
201512 7.397 99.792 9.593
201612 8.449 101.863 10.735
201712 9.538 104.011 11.868
201812 11.037 105.998 13.476
201912 11.374 108.420 13.577
202012 10.120 109.897 11.918
202112 12.977 117.630 14.278
202212 16.001 125.222 16.537
202312 17.589 129.419 17.589

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.


Mutual Trust Bank  (DHA:MTB) 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.


Mutual Trust Bank Cyclically Adjusted PS Ratio Related Terms

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


Mutual Trust Bank (DHA:MTB) Business Description

Traded in Other Exchanges
N/A
Address
MTB Centre, 26 Gulshan Avenue, Plot 5, Block SE(D), Gulshan 1, Dhaka, BGD, 1212
Mutual Trust Bank PLC is a company that engages in the provision of various commercial banking and related services. Its products and services include savings and current accounts, and fixed deposits; personal, auto, home, home equity, and professional's loan products; overdraft facilities; credit cards; and locker services. The company's operating segment includes the Main operation, Off-shore Banking Unit, MTB Securities Ltd., MTB Capital Ltd., and MTB Exchange (UK) Ltd. It generates maximum revenue from the Main operation segment.