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Bank of Baroda (BOM:532134) Cyclically Adjusted PS Ratio : 2.11 (As of Jun. 09, 2024)


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What is Bank of Baroda Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Bank of Baroda's current share price is ₹270.80. Bank of Baroda's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹128.17. Bank of Baroda's Cyclically Adjusted PS Ratio for today is 2.11.

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

BOM:532134' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.47   Max: 2.15
Current: 2.11

During the past 13 years, Bank of Baroda's highest Cyclically Adjusted PS Ratio was 2.15. The lowest was 0.33. And the median was 1.47.

BOM:532134's Cyclically Adjusted PS Ratio is ranked better than
58.89% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs BOM:532134: 2.11

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.

Bank of Baroda's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹138.992. 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 ₹128.17 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Baroda Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Baroda'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.

Bank of Baroda Cyclically Adjusted PS Ratio Chart

Bank of Baroda Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.64 0.94 1.37 2.06

Bank of Baroda 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 1.37 - - - 2.06

Competitive Comparison of Bank of Baroda's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank of Baroda'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.


Bank of Baroda's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank of Baroda 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.

Bank of Baroda's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=270.80/128.17
=2.11

* 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.

Bank of Baroda's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Bank of Baroda's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=138.992/153.0345*153.0345
=138.992

Current CPI (Mar24) = 153.0345.

Bank of Baroda Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 93.001 97.163 146.479
201603 85.639 102.518 127.838
201703 98.526 105.196 143.331
201803 104.079 109.786 145.079
201903 91.432 118.202 118.376
202003 99.880 124.705 122.570
202103 96.492 131.771 112.063
202203 94.676 138.822 104.369
202303 117.629 146.865 122.571
202403 138.992 153.035 138.992

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.


Bank of Baroda  (BOM:532134) 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.


Bank of Baroda Cyclically Adjusted PS Ratio Related Terms

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Bank of Baroda (BOM:532134) Business Description

Industry
Traded in Other Exchanges
Address
Baroda Bhavan, R.C. Dutt Road, 7th Floor, Alkapuri, Vadodara, GJ, IND, 390 007
Bank of Baroda is a state-owned banking and financial services company in India. The company provides personal banking, corporate banking, international banking, small and medium enterprise banking, rural banking, non-resident Indian services and treasury services. The bank provides service to an international customer base with branches in 24 countries. The bank focuses on meeting the capital needs of its clients by providing loan services. The company also provides a banking system that emphasizes Internet and mobile banking. Organizationally, the bank is divided into four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.

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