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FinecoBank SpA (MIL:FBK) Cyclically Adjusted PS Ratio : 9.93 (As of Apr. 28, 2024)


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What is FinecoBank SpA Cyclically Adjusted PS Ratio?

As of today (2024-04-28), FinecoBank SpA's current share price is €14.20. FinecoBank SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €1.43. FinecoBank SpA's Cyclically Adjusted PS Ratio for today is 9.93.

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

MIL:FBK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.98   Med: 9.6   Max: 9.97
Current: 9.92

During the past years, FinecoBank SpA's highest Cyclically Adjusted PS Ratio was 9.97. The lowest was 8.98. And the median was 9.60.

MIL:FBK's Cyclically Adjusted PS Ratio is ranked worse than
97.21% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs MIL:FBK: 9.92

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.

FinecoBank SpA's adjusted revenue per share data for the three months ended in Dec. 2023 was €1.015. 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 €1.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FinecoBank SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FinecoBank 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.

FinecoBank SpA Cyclically Adjusted PS Ratio Chart

FinecoBank 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 - - - - 9.49

FinecoBank SpA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 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 - - - - 9.49

Competitive Comparison of FinecoBank SpA's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, FinecoBank 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.


FinecoBank SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where FinecoBank SpA's Cyclically Adjusted PS Ratio falls into.



FinecoBank 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.

FinecoBank SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.20/1.43
=9.93

* 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.

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

For example, FinecoBank SpA'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)
=1.015/119.5000*119.5000
=1.015

Current CPI (Dec. 2023) = 119.5000.

FinecoBank SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.000 93.755 0.000
201112 0.000 96.837 0.000
201212 0.000 99.070 0.000
201303 0.189 99.535 0.227
201306 0.180 99.814 0.216
201309 0.167 100.000 0.200
201312 0.179 99.721 0.215
201403 0.216 99.907 0.258
201406 0.217 100.093 0.259
201409 0.179 99.814 0.214
201412 0.240 99.721 0.288
201503 0.225 99.814 0.269
201506 0.222 100.279 0.265
201509 0.231 100.000 0.276
201512 0.375 99.814 0.449
201603 0.232 99.600 0.278
201606 0.246 99.900 0.294
201609 0.219 100.100 0.261
201612 0.376 100.300 0.448
201703 0.234 101.000 0.277
201706 0.233 101.100 0.275
201709 0.242 101.200 0.286
201712 0.396 101.200 0.468
201803 0.255 101.800 0.299
201806 0.266 102.400 0.310
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202003 0.368 102.900 0.427
202006 0.380 102.900 0.441
202012 0.334 102.600 0.389
202103 0.410 103.700 0.472
202106 0.364 104.200 0.417
202112 0.398 106.600 0.446
202206 0.000 112.500 0.000
202209 0.414 114.200 0.433
202212 0.488 119.000 0.490
202306 0.000 119.700 0.000
202309 0.590 120.300 0.586
202312 1.015 119.500 1.015

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.


FinecoBank SpA  (MIL:FBK) 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.


FinecoBank SpA Cyclically Adjusted PS Ratio Related Terms

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


FinecoBank SpA (MIL:FBK) Business Description

Industry
Traded in Other Exchanges
Address
Piazza Durante, 11, Milan, ITA, 20131
FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.