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Philippine Business Bank (PHS:PBB) Cyclically Adjusted PS Ratio : 0.98 (As of Jun. 10, 2024)


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What is Philippine Business Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Philippine Business Bank's current share price is ₱8.30. Philippine Business Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱8.51. Philippine Business Bank's Cyclically Adjusted PS Ratio for today is 0.98.

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

PHS:PBB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.94   Max: 1.51
Current: 0.98

During the past years, Philippine Business Bank's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.27. And the median was 0.94.

PHS:PBB's Cyclically Adjusted PS Ratio is ranked better than
86.91% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs PHS:PBB: 0.98

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.

Philippine Business Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱2.177. 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 ₱8.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippine Business Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Philippine Business 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.

Philippine Business Bank Cyclically Adjusted PS Ratio Chart

Philippine Business 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 - - 0.39 1.35 1.06

Philippine Business 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 1.24 0.94 1.07 1.06 1.05

Competitive Comparison of Philippine Business Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Philippine Business 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.


Philippine Business Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Philippine Business 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.

Philippine Business Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.30/8.51
=0.98

* 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.

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

For example, Philippine Business Bank'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)
=2.177/131.7762*131.7762
=2.177

Current CPI (Mar. 2024) = 131.7762.

Philippine Business Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.953 100.560 1.249
201409 1.124 100.428 1.475
201412 1.077 99.070 1.433
201503 1.041 99.621 1.377
201506 1.020 100.684 1.335
201509 1.334 100.392 1.751
201512 1.000 99.792 1.321
201603 1.061 100.470 1.392
201606 1.112 101.688 1.441
201609 1.458 101.861 1.886
201612 1.098 101.863 1.420
201703 1.256 102.862 1.609
201706 1.304 103.349 1.663
201709 1.448 104.136 1.832
201712 1.471 104.011 1.864
201803 1.438 105.290 1.800
201806 1.512 106.317 1.874
201809 1.715 106.507 2.122
201812 1.774 105.998 2.205
201903 1.738 107.251 2.135
201906 1.861 108.070 2.269
201909 2.363 108.329 2.874
201912 2.186 108.420 2.657
202003 2.429 108.902 2.939
202006 2.642 108.767 3.201
202009 2.968 109.815 3.562
202012 2.520 109.897 3.022
202103 1.429 111.754 1.685
202106 2.482 114.631 2.853
202109 2.330 115.734 2.653
202112 2.432 117.630 2.724
202203 1.800 121.301 1.955
202206 2.318 125.017 2.443
202209 2.373 125.227 2.497
202212 2.457 125.222 2.586
202303 2.470 127.348 2.556
202306 2.075 128.729 2.124
202309 1.890 129.860 1.918
202312 3.125 129.419 3.182
202403 2.177 131.776 2.177

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.


Philippine Business Bank  (PHS:PBB) 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.


Philippine Business Bank Cyclically Adjusted PS Ratio Related Terms

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


Philippine Business Bank (PHS:PBB) Business Description

Traded in Other Exchanges
N/A
Address
350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400
Philippine Business Bank engages in the business of thrift banking. It provides banking and financial services. The company's operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities; and Retail Banking includes the branch banking operations.. The majority of its revenue comes from the Corporate Banking segment.

Philippine Business Bank (PHS:PBB) Headlines

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