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Axos Financial (FRA:BB4) Cyclically Adjusted PS Ratio : 5.02 (As of Jun. 08, 2024)


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What is Axos Financial Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Axos Financial's current share price is €48.20. Axos Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.61. Axos Financial's Cyclically Adjusted PS Ratio for today is 5.02.

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

FRA:BB4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.11   Med: 8.15   Max: 19.93
Current: 4.94

During the past years, Axos Financial's highest Cyclically Adjusted PS Ratio was 19.93. The lowest was 3.11. And the median was 8.15.

FRA:BB4's Cyclically Adjusted PS Ratio is ranked worse than
87% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs FRA:BB4: 4.94

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.

Axos Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.602. 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 €9.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axos Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Axos Financial'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.

Axos Financial Cyclically Adjusted PS Ratio Chart

Axos Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.46 4.42 7.53 4.67 4.34

Axos Financial 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 4.25 4.34 3.99 5.47 5.12

Competitive Comparison of Axos Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Axos Financial'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.


Axos Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Axos Financial's Cyclically Adjusted PS Ratio falls into.



Axos Financial 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.

Axos Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.20/9.61
=5.02

* 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.

Axos Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Axos Financial'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)
=4.602/131.7762*131.7762
=4.602

Current CPI (Mar. 2024) = 131.7762.

Axos Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.567 100.560 0.743
201409 0.655 100.428 0.859
201412 0.728 99.070 0.968
201503 0.874 99.621 1.156
201506 0.931 100.684 1.219
201509 0.964 100.392 1.265
201512 1.131 99.792 1.493
201603 1.293 100.470 1.696
201606 1.235 101.688 1.600
201609 1.166 101.861 1.508
201612 1.360 101.863 1.759
201703 1.608 102.862 2.060
201706 1.338 103.349 1.706
201709 1.227 104.136 1.553
201712 1.334 104.011 1.690
201803 1.786 105.290 2.235
201806 1.390 106.317 1.723
201809 1.391 106.507 1.721
201812 1.537 105.998 1.911
201903 2.215 107.251 2.722
201906 1.763 108.070 2.150
201909 1.805 108.329 2.196
201912 1.857 108.420 2.257
202003 2.618 108.902 3.168
202006 2.117 108.767 2.565
202009 2.280 109.815 2.736
202012 2.195 109.897 2.632
202103 2.170 111.754 2.559
202106 2.123 114.631 2.441
202109 2.373 115.734 2.702
202112 2.515 117.630 2.817
202203 2.618 121.301 2.844
202206 2.942 125.017 3.101
202209 3.421 125.227 3.600
202212 3.502 125.222 3.685
202303 3.511 127.348 3.633
202306 3.555 128.729 3.639
202309 3.786 129.860 3.842
202312 5.489 129.419 5.589
202403 4.602 131.776 4.602

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.


Axos Financial  (FRA:BB4) 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.


Axos Financial Cyclically Adjusted PS Ratio Related Terms

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


Axos Financial (FRA:BB4) Business Description

Traded in Other Exchanges
Address
9205 West Russell Road, Suite 400, Las Vegas, NV, USA, 89148
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.

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