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SVB Financial Group (WBO:SIVB) Cyclically Adjusted PS Ratio : 2.48 (As of Jun. 06, 2024)


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What is SVB Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-06-06), SVB Financial Group's current share price is €148.36. SVB Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was €59.73. SVB Financial Group's Cyclically Adjusted PS Ratio for today is 2.48.

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

WBO:SIVB's Cyclically Adjusted PS Ratio is not ranked *
in the Banks industry.
Industry Median: 2.37
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

SVB Financial Group's adjusted revenue per share data for the three months ended in Dec. 2022 was €24.259. 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 €59.73 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


SVB Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SVB Financial Group'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.

SVB Financial Group Cyclically Adjusted PS Ratio Chart

SVB Financial Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.58 7.34 9.59 13.18 3.68

SVB Financial Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 13.18 10.14 6.72 5.52 3.68

Competitive Comparison of SVB Financial Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, SVB Financial Group'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.


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

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

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



SVB Financial Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=148.36/59.73
=2.48

* 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.

SVB Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, SVB Financial Group's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=24.259/125.2218*125.2218
=24.259

Current CPI (Dec. 2022) = 125.2218.

SVB Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 4.027 98.209 5.135
201306 4.371 98.518 5.556
201309 6.960 98.790 8.822
201312 6.598 98.326 8.403
201403 7.752 99.695 9.737
201406 3.201 100.560 3.986
201409 4.427 100.428 5.520
201412 6.299 99.070 7.962
201503 6.352 99.621 7.984
201506 6.235 100.684 7.755
201509 6.102 100.392 7.611
201512 6.614 99.792 8.299
201603 6.200 100.470 7.727
201606 6.649 101.688 8.188
201609 7.213 101.861 8.867
201612 7.212 101.863 8.866
201703 7.361 102.862 8.961
201706 7.725 103.349 9.360
201709 8.226 104.136 9.892
201712 8.446 104.011 10.168
201803 8.592 105.290 10.219
201806 10.322 106.317 12.157
201809 11.032 106.507 12.971
201812 11.292 105.998 13.340
201903 12.958 107.251 15.129
201906 14.274 108.070 16.540
201909 13.990 108.329 16.172
201912 15.699 108.420 18.132
202003 14.063 108.902 16.171
202006 14.761 108.767 16.994
202009 17.502 109.815 19.958
202012 19.013 109.897 21.664
202103 22.220 111.754 24.898
202106 22.408 114.631 24.478
202109 22.136 115.734 23.951
202112 22.236 117.630 23.671
202203 24.361 121.301 25.148
202206 24.329 125.017 24.369
202209 26.408 125.227 26.407
202212 24.259 125.222 24.259

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.


SVB Financial Group  (WBO:SIVB) 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.


SVB Financial Group Cyclically Adjusted PS Ratio Related Terms

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


SVB Financial Group (WBO:SIVB) Business Description

Traded in Other Exchanges
Address
3003 Tasman Drive, Santa Clara, CA, USA, 95054-1191
SVB Financial Group provides loans and ancillary financial services to startups, private equity, and venture capital firms. The bank has four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities. In addition to providing loans to venture-capital-backed startups, the company invests in private equity and venture capital funds of funds. The bank operates throughout the United States and maintains offices in Canada, the United Kingdom, Israel, China, India, Germany, Denmark, and Ireland.

SVB Financial Group (WBO:SIVB) Headlines

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