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Banque Nationale de Belgique (XBRU:BNB) Cyclically Adjusted PS Ratio : 0.14 (As of May. 23, 2024)


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What is Banque Nationale de Belgique Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Banque Nationale de Belgique's current share price is €480.00. Banque Nationale de Belgique's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was €3,443.63. Banque Nationale de Belgique's Cyclically Adjusted PS Ratio for today is 0.14.

The historical rank and industry rank for Banque Nationale de Belgique's Cyclically Adjusted PS Ratio or its related term are showing as below:

XBRU:BNB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.63   Max: 1.07
Current: 0.14

During the past 13 years, Banque Nationale de Belgique's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.12. And the median was 0.63.

XBRU:BNB's Cyclically Adjusted PS Ratio is ranked better than
98.66% of 1190 companies
in the Banks industry
Industry Median: 2.41 vs XBRU:BNB: 0.14

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.

Banque Nationale de Belgique's adjusted revenue per share data of for the fiscal year that ended in Dec22 was €112.853. 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 €3,443.63 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banque Nationale de Belgique Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banque Nationale de Belgique'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.

Banque Nationale de Belgique Cyclically Adjusted PS Ratio Chart

Banque Nationale de Belgique 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 0.72 0.71 0.51 0.46 0.20

Banque Nationale de Belgique Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.71 0.51 0.46 0.20

Competitive Comparison of Banque Nationale de Belgique's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banque Nationale de Belgique'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.


Banque Nationale de Belgique's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banque Nationale de Belgique's Cyclically Adjusted PS Ratio falls into.



Banque Nationale de Belgique 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.

Banque Nationale de Belgique's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=480.00/3443.63
=0.14

* 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.

Banque Nationale de Belgique's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Banque Nationale de Belgique's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=112.853/126.5776*126.5776
=112.853

Current CPI (Dec22) = 126.5776.

Banque Nationale de Belgique Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 3,132.128 99.462 3,986.001
201412 2,700.630 99.086 3,449.932
201512 2,377.525 100.572 2,992.289
201612 2,641.128 102.614 3,257.918
201712 3,293.003 104.804 3,977.138
201812 3,854.365 107.252 4,548.874
201912 3,859.823 108.065 4,521.061
202012 3,255.458 108.511 3,797.488
202112 3,437.025 114.705 3,792.783
202212 112.853 126.578 112.853

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.


Banque Nationale de Belgique  (XBRU:BNB) 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.


Banque Nationale de Belgique Cyclically Adjusted PS Ratio Related Terms

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Banque Nationale de Belgique (XBRU:BNB) Business Description

Traded in Other Exchanges
Address
Boulevard de Berlaimont 14, Brussels, BEL, 1000
Banque Nationale de Belgique SA, or the National Bank of Belgium, is the country's central bank. The bank does not operate like other banks whose chief objective is profit maximization for its shareholders. Its primary aim is to maintain price stability as well as supervision of the Belgian financial sector and other related tasks in the national interest. The most notable portion of assets on the balance sheet include securities held for monetary policy purposes. Other notable assets include other securities and net claims related to the allocation of euro banknotes within the Eurosystem. Net interest income is the overwhelming majority of net revenue.

Banque Nationale de Belgique (XBRU:BNB) Headlines