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Banca Popolare di Sondrio SpA (LTS:0NWJ) Cyclically Adjusted PS Ratio : 2.50 (As of Jun. 10, 2024)


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What is Banca Popolare di Sondrio SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Banca Popolare di Sondrio SpA's current share price is €7.0625. Banca Popolare di Sondrio SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.83. Banca Popolare di Sondrio SpA's Cyclically Adjusted PS Ratio for today is 2.50.

The historical rank and industry rank for Banca Popolare di Sondrio SpA's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0NWJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.29   Max: 2.96
Current: 2.53

During the past years, Banca Popolare di Sondrio SpA's highest Cyclically Adjusted PS Ratio was 2.96. The lowest was 0.49. And the median was 1.29.

LTS:0NWJ's Cyclically Adjusted PS Ratio is ranked worse than
56.38% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs LTS:0NWJ: 2.53

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.

Banca Popolare di Sondrio SpA's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.946. 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 €2.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banca Popolare di Sondrio SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banca Popolare di Sondrio SpA'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.

Banca Popolare di Sondrio SpA Cyclically Adjusted PS Ratio Chart

Banca Popolare di Sondrio SpA 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 0.83 0.88 1.42 1.35 2.09

Banca Popolare di Sondrio SpA 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 1.40 1.36 1.73 2.09 2.48

Competitive Comparison of Banca Popolare di Sondrio SpA's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banca Popolare di Sondrio SpA'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.


Banca Popolare di Sondrio SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banca Popolare di Sondrio SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banca Popolare di Sondrio SpA's Cyclically Adjusted PS Ratio falls into.



Banca Popolare di Sondrio SpA 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.

Banca Popolare di Sondrio SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.0625/2.83
=2.50

* 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.

Banca Popolare di Sondrio SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Banca Popolare di Sondrio SpA'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)
=0.946/120.2000*120.2000
=0.946

Current CPI (Mar. 2024) = 120.2000.

Banca Popolare di Sondrio SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.053 100.093 1.265
201409 0.575 99.814 0.692
201412 0.593 99.721 0.715
201503 0.830 99.814 1.000
201506 0.490 100.279 0.587
201509 0.519 100.000 0.624
201512 0.640 99.814 0.771
201603 0.494 99.600 0.596
201606 0.499 99.900 0.600
201609 0.561 100.100 0.674
201612 0.502 100.300 0.602
201703 0.524 101.000 0.624
201706 0.473 101.100 0.562
201709 0.527 101.200 0.626
201712 0.691 101.200 0.821
201803 0.504 101.800 0.595
201806 0.528 102.400 0.620
201809 0.454 102.600 0.532
201812 0.604 102.300 0.710
201903 0.544 102.800 0.636
201906 0.487 103.100 0.568
201909 0.585 102.900 0.683
201912 0.556 102.800 0.650
202003 0.319 102.900 0.373
202006 0.435 102.900 0.508
202009 0.563 102.300 0.662
202012 0.629 102.600 0.737
202103 0.588 103.700 0.682
202106 0.613 104.200 0.707
202109 0.588 104.900 0.674
202112 0.652 106.600 0.735
202203 0.548 110.400 0.597
202206 0.612 112.500 0.654
202209 0.606 114.200 0.638
202212 0.800 119.000 0.808
202303 0.790 118.800 0.799
202306 0.839 119.700 0.843
202309 0.859 120.300 0.858
202312 0.999 119.700 1.003
202403 0.946 120.200 0.946

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.


Banca Popolare di Sondrio SpA  (LTS:0NWJ) 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.


Banca Popolare di Sondrio SpA Cyclically Adjusted PS Ratio Related Terms

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


Banca Popolare di Sondrio SpA (LTS:0NWJ) Business Description

Traded in Other Exchanges
Address
Piazza Garibaldi, 16, Sondrio, ITA, 23100
Banca Popolare di Sondrio SpA is a full-service cooperative bank operating primarily in Northern Italy but also in Central Italy and Switzerland. The bank's overall strategy is geared toward sustaining local economies, particularly small- and medium-sized businesses and households. most of the bank's business is generated through business banking, followed by individual banking activities. The bank generates most of its net revenue through net interest income, followed by net fees and commissions and net trading income. A majority of the bank's earning assets are mortgage loans. The bank's lending strategy revolves around a low propensity for risk and an emphasis on diversification.

Banca Popolare di Sondrio SpA (LTS:0NWJ) Headlines

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