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Commercial Bank of Dubai PSC (DFM:CBD) Cyclically Adjusted PS Ratio : 4.90 (As of Jun. 10, 2024)


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What is Commercial Bank of Dubai PSC Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Commercial Bank of Dubai PSC's current share price is د.إ6.03. Commercial Bank of Dubai PSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was د.إ1.23. Commercial Bank of Dubai PSC's Cyclically Adjusted PS Ratio for today is 4.90.

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

DFM:CBD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.74   Med: 4.25   Max: 6.92
Current: 5.22

During the past years, Commercial Bank of Dubai PSC's highest Cyclically Adjusted PS Ratio was 6.92. The lowest was 3.74. And the median was 4.25.

DFM:CBD's Cyclically Adjusted PS Ratio is ranked worse than
88.67% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs DFM:CBD: 5.22

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.

Commercial Bank of Dubai PSC's adjusted revenue per share data for the three months ended in Mar. 2024 was د.إ0.460. 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 د.إ1.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commercial Bank of Dubai PSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Commercial Bank of Dubai PSC'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.

Commercial Bank of Dubai PSC Cyclically Adjusted PS Ratio Chart

Commercial Bank of Dubai PSC 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 - - 4.26 4.25 4.33

Commercial Bank of Dubai PSC 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 3.76 3.99 4.06 4.33 5.68

Competitive Comparison of Commercial Bank of Dubai PSC's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Commercial Bank of Dubai PSC'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.


Commercial Bank of Dubai PSC's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Commercial Bank of Dubai PSC 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.

Commercial Bank of Dubai PSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.03/1.23
=4.90

* 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.

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

For example, Commercial Bank of Dubai PSC'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)
=0.46/131.7762*131.7762
=0.460

Current CPI (Mar. 2024) = 131.7762.

Commercial Bank of Dubai PSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.174 100.560 0.228
201409 0.191 100.428 0.251
201412 0.207 99.070 0.275
201503 0.194 99.621 0.257
201506 0.201 100.684 0.263
201509 0.196 100.392 0.257
201512 0.191 99.792 0.252
201603 0.192 100.470 0.252
201606 0.205 101.688 0.266
201609 0.200 101.861 0.259
201612 0.224 101.863 0.290
201703 0.209 102.862 0.268
201706 0.229 103.349 0.292
201709 0.225 104.136 0.285
201712 0.219 104.011 0.277
201803 0.219 105.290 0.274
201806 0.223 106.317 0.276
201809 0.227 106.507 0.281
201812 0.238 105.998 0.296
201903 0.259 107.251 0.318
201906 0.248 108.070 0.302
201909 0.246 108.329 0.299
201912 0.265 108.420 0.322
202003 0.255 108.902 0.309
202006 0.220 108.767 0.267
202009 0.233 109.815 0.280
202012 0.290 109.897 0.348
202103 0.244 111.754 0.288
202106 0.276 114.631 0.317
202109 0.273 115.734 0.311
202112 0.265 117.630 0.297
202203 0.287 121.301 0.312
202206 0.284 125.017 0.299
202209 0.329 125.227 0.346
202212 0.365 125.222 0.384
202303 0.414 127.348 0.428
202306 0.418 128.729 0.428
202309 0.419 129.860 0.425
202312 0.406 129.419 0.413
202403 0.460 131.776 0.460

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.


Commercial Bank of Dubai PSC  (DFM:CBD) 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.


Commercial Bank of Dubai PSC Cyclically Adjusted PS Ratio Related Terms

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


Commercial Bank of Dubai PSC (DFM:CBD) Business Description

Traded in Other Exchanges
N/A
Address
Al Ittihad Street, P.O. Box 2668, Dubai, ARE
Commercial Bank of Dubai PSC is a banking firm operating in the United Arab Emirates. The company's operating segments include Institutional banking, Corporate banking, Personal banking, and Trading and Other. It generates maximum revenue from the Corporate banking segment. The company services include a current account, savings account, and deposits. Its borrowing services comprise personal loans, home loans, car loans, and credit card facilities of various types. Under its protection portfolio, the bank provides general insurance, life insurance and safe deposit services and its investment services include asset management, financial economy and international investment plans.

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