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OTP Bank (BUD:OTP) Cyclically Adjusted PS Ratio : 2.68 (As of Jun. 08, 2024)


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What is OTP Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-08), OTP Bank's current share price is Ft17410.00. OTP Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Ft6,496.57. OTP Bank's Cyclically Adjusted PS Ratio for today is 2.68.

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

BUD:OTP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.67   Max: 4.55
Current: 2.66

During the past years, OTP Bank's highest Cyclically Adjusted PS Ratio was 4.55. The lowest was 1.48. And the median was 2.67.

BUD:OTP's Cyclically Adjusted PS Ratio is ranked worse than
58.98% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs BUD:OTP: 2.66

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.

OTP Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was Ft2,299.228. 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 Ft6,496.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OTP Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OTP Bank'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.

OTP Bank Cyclically Adjusted PS Ratio Chart

OTP Bank 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 4.20 3.44 3.86 1.78 2.51

OTP Bank 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 1.67 1.97 2.10 2.51 2.59

Competitive Comparison of OTP Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, OTP Bank'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.


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

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

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



OTP Bank 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17410.00/6496.57
=2.68

* 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.

OTP Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, OTP Bank's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2299.228/163.8786*163.8786
=2,299.228

Current CPI (Mar. 2024) = 163.8786.

OTP Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 924.455 100.370 1,509.398
201409 897.674 100.074 1,470.008
201412 977.815 98.816 1,621.635
201503 1,082.050 99.704 1,778.515
201506 695.828 100.962 1,129.445
201509 739.522 99.704 1,215.517
201512 659.286 99.704 1,083.637
201603 763.548 99.482 1,257.808
201606 746.552 100.814 1,213.558
201609 708.271 100.370 1,156.425
201612 798.543 101.406 1,290.492
201703 783.037 102.147 1,256.263
201706 890.242 102.724 1,420.230
201709 1,291.221 102.902 2,056.367
201712 601.241 103.627 950.820
201803 851.004 104.219 1,338.155
201806 933.804 105.922 1,444.754
201809 975.258 106.588 1,499.459
201812 911.594 106.440 1,403.525
201903 1,018.942 108.068 1,545.163
201906 998.555 109.475 1,494.794
201909 1,326.708 109.623 1,983.343
201912 884.667 110.659 1,310.135
202003 1,225.358 112.287 1,788.360
202006 1,121.672 112.583 1,632.729
202009 1,200.717 113.398 1,735.239
202012 1,200.404 113.694 1,730.269
202103 1,265.637 116.358 1,782.518
202106 1,313.941 118.579 1,815.896
202109 1,427.168 119.541 1,956.501
202112 1,309.714 122.058 1,758.464
202203 1,276.978 126.351 1,656.255
202206 1,573.698 132.420 1,947.551
202209 1,760.211 143.597 2,008.819
202212 1,510.163 152.036 1,627.800
202303 2,275.243 158.105 2,358.328
202306 2,723.024 158.993 2,806.693
202309 2,303.114 161.140 2,342.257
202312 1,261.991 160.400 1,289.362
202403 2,299.228 163.879 2,299.228

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.


OTP Bank  (BUD:OTP) 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.


OTP Bank Cyclically Adjusted PS Ratio Related Terms

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


OTP Bank (BUD:OTP) Business Description

Industry
Traded in Other Exchanges
Address
16, Nador Street, Budapest, HUN, 1051
OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets; It also offers mortgage loans, consumer credits, working capital & investment loans to companies, and municipalities. A majority of the bank's net revenue is net interest income.

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