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Shahjalal Islami Bank (DHA:SHAHJABANK) Cyclically Adjusted PS Ratio : 1.89 (As of Jun. 10, 2024)


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What is Shahjalal Islami Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Shahjalal Islami Bank's current share price is BDT18.10. Shahjalal Islami Bank's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was BDT9.60. Shahjalal Islami Bank's Cyclically Adjusted PS Ratio for today is 1.89.

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

DHA:SHAHJABANK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.1   Max: 2.16
Current: 1.89

During the past 11 years, Shahjalal Islami Bank's highest Cyclically Adjusted PS Ratio was 2.16. The lowest was 1.89. And the median was 2.10.

DHA:SHAHJABANK's Cyclically Adjusted PS Ratio is ranked better than
63.26% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs DHA:SHAHJABANK: 1.89

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.

Shahjalal Islami Bank's adjusted revenue per share data of for the fiscal year that ended in Dec23 was BDT13.677. 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 BDT9.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shahjalal Islami Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shahjalal Islami 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.

Shahjalal Islami Bank Cyclically Adjusted PS Ratio Chart

Shahjalal Islami 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 - - - 2.13 1.91

Shahjalal Islami 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 - - - 1.91 -

Competitive Comparison of Shahjalal Islami Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Shahjalal Islami 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.


Shahjalal Islami Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Shahjalal Islami 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.

Shahjalal Islami Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.10/9.6
=1.89

* 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.

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

For example, Shahjalal Islami 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)
=13.677/129.4194*129.4194
=13.677

Current CPI (Dec23) = 129.4194.

Shahjalal Islami Bank Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.652 99.070 6.077
201512 4.780 99.792 6.199
201612 5.632 101.863 7.156
201712 6.522 104.011 8.115
201812 7.652 105.998 9.343
201912 9.277 108.420 11.074
202012 8.012 109.897 9.435
202112 10.499 117.630 11.551
202212 12.935 125.222 13.369
202312 13.677 129.419 13.677

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.


Shahjalal Islami Bank  (DHA:SHAHJABANK) 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.


Shahjalal Islami Bank Cyclically Adjusted PS Ratio Related Terms

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


Shahjalal Islami Bank (DHA:SHAHJABANK) Business Description

Traded in Other Exchanges
N/A
Address
Gulshan Avenue, Plot No. 04, Block-CWN(C), Shahjalal Islami Bank Tower, Dhaka, BGD, 1212
Shahjalal Islami Bank PLC provides commercial banking products and services in Bangladesh. It offers various deposit products, including current deposit accounts, savings deposit accounts, term deposit accounts, and short notice deposit accounts. The operating segment of the company are Corporate Banking, SME Banking, Retail Banking and Treasury.

Shahjalal Islami Bank (DHA:SHAHJABANK) Headlines

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