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KBC Groupe NV (XBRU:KBC) Cyclically Adjusted PS Ratio : 3.15 (As of May. 14, 2024)


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What is KBC Groupe NV Cyclically Adjusted PS Ratio?

As of today (2024-05-14), KBC Groupe NV's current share price is €68.64. KBC Groupe NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €21.77. KBC Groupe NV's Cyclically Adjusted PS Ratio for today is 3.15.

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

XBRU:KBC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.85   Med: 2.78   Max: 4.2
Current: 3.28

During the past years, KBC Groupe NV's highest Cyclically Adjusted PS Ratio was 4.20. The lowest was 1.85. And the median was 2.78.

XBRU:KBC's Cyclically Adjusted PS Ratio is ranked worse than
71.5% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs XBRU:KBC: 3.28

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.

KBC Groupe NV's adjusted revenue per share data for the three months ended in Dec. 2023 was €6.205. 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 €21.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KBC Groupe NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KBC Groupe NV'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.

KBC Groupe NV Cyclically Adjusted PS Ratio Chart

KBC Groupe NV 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 2.95 2.84 3.82 2.82 2.70

KBC Groupe NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.82 2.97 3.01 2.75 2.70

Competitive Comparison of KBC Groupe NV's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, KBC Groupe NV'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.


KBC Groupe NV's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where KBC Groupe NV's Cyclically Adjusted PS Ratio falls into.



KBC Groupe NV 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.

KBC Groupe NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=68.64/21.77
=3.15

* 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.

KBC Groupe NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, KBC Groupe NV's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.205/128.2922*128.2922
=6.205

Current CPI (Dec. 2023) = 128.2922.

KBC Groupe NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.819 99.819 4.908
201406 3.392 99.482 4.374
201409 3.734 99.195 4.829
201412 4.306 99.086 5.575
201503 4.385 99.423 5.658
201506 4.558 100.107 5.841
201509 3.969 100.245 5.079
201512 3.615 100.572 4.611
201603 3.955 101.653 4.991
201606 4.372 102.267 5.485
201609 3.996 102.118 5.020
201612 4.264 102.614 5.331
201703 4.578 103.972 5.649
201706 4.610 103.902 5.692
201709 4.539 104.170 5.590
201712 4.594 104.804 5.624
201803 4.477 105.419 5.448
201806 4.388 106.063 5.308
201809 4.348 106.618 5.232
201812 4.340 107.252 5.191
201903 4.433 107.876 5.272
201906 4.503 107.896 5.354
201909 4.275 107.470 5.103
201912 4.885 108.065 5.799
202003 3.524 108.550 4.165
202006 4.534 108.540 5.359
202009 4.386 108.441 5.189
202012 4.204 108.511 4.970
202103 4.612 109.522 5.402
202106 4.337 110.305 5.044
202109 4.352 111.543 5.005
202112 4.351 114.705 4.866
202203 5.933 118.620 6.417
202206 5.784 120.948 6.135
202209 5.837 124.120 6.033
202212 6.266 126.578 6.351
202303 6.353 126.528 6.442
202306 6.562 125.973 6.683
202309 6.404 127.083 6.465
202312 6.205 128.292 6.205

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.


KBC Groupe NV  (XBRU:KBC) 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.


KBC Groupe NV Cyclically Adjusted PS Ratio Related Terms

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


KBC Groupe NV (XBRU:KBC) Business Description

Industry
Address
Havenlaan 2, Brussels, BEL, B-1080
KBC was formed in 1998 by the merger of Belgian commercial bank Kredietbank, cooperative farmers bank CERA Bank, and cooperative insurer ABB Verzekering. KBC offers banking, insurance, and investment products. Belgium and the Czech Republic account for the bulk of KBC's profits, while the bank has smaller operations in Hungary, Slovakia, and Bulgaria.

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