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City Bank (DHA:CITYBANK) Cyclically Adjusted PS Ratio : 1.10 (As of May. 26, 2024)


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What is City Bank Cyclically Adjusted PS Ratio?

As of today (2024-05-26), City Bank's current share price is BDT18.00. City Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was BDT16.41. City Bank's Cyclically Adjusted PS Ratio for today is 1.10.

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

DHA:CITYBANK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.3   Max: 1.44
Current: 1.1

During the past years, City Bank's highest Cyclically Adjusted PS Ratio was 1.44. The lowest was 1.10. And the median was 1.30.

DHA:CITYBANK's Cyclically Adjusted PS Ratio is ranked better than
85.04% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs DHA:CITYBANK: 1.10

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.

City Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was BDT5.860. 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 BDT16.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


City Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for City 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.

City Bank Cyclically Adjusted PS Ratio Chart

City 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 - - - 1.36 1.24

City Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 1.32 1.30 1.26 1.24 1.28

Competitive Comparison of City Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, City 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.


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

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

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



City 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.00/16.41
=1.10

* 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.

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

For example, City 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)
=5.86/131.7762*131.7762
=5.860

Current CPI (Mar. 2024) = 131.7762.

City Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.888 99.695 2.496
201406 2.436 100.560 3.192
201409 2.215 100.428 2.906
201412 1.802 99.070 2.397
201503 2.406 99.621 3.183
201506 2.418 100.684 3.165
201509 2.878 100.392 3.778
201512 2.523 99.792 3.332
201603 2.602 100.470 3.413
201606 3.740 101.688 4.847
201609 2.715 101.861 3.512
201612 2.227 101.863 2.881
201703 2.459 102.862 3.150
201706 3.689 103.349 4.704
201709 2.776 104.136 3.513
201712 2.141 104.011 2.713
201803 2.846 105.290 3.562
201806 3.094 106.317 3.835
201809 3.253 106.507 4.025
201812 2.853 105.998 3.547
201903 3.471 107.251 4.265
201906 3.583 108.070 4.369
201909 3.543 108.329 4.310
201912 3.170 108.420 3.853
202003 3.782 108.902 4.576
202006 2.625 108.767 3.180
202012 0.000 109.897 0.000
202103 4.243 111.754 5.003
202106 4.704 114.631 5.408
202109 4.262 115.734 4.853
202112 4.254 117.630 4.766
202203 4.405 121.301 4.785
202206 4.812 125.017 5.072
202209 4.505 125.227 4.741
202212 5.142 125.222 5.411
202303 4.918 127.348 5.089
202306 5.197 128.729 5.320
202309 5.144 129.860 5.220
202312 5.696 129.419 5.800
202403 5.860 131.776 5.860

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.


City Bank  (DHA:CITYBANK) 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.


City Bank Cyclically Adjusted PS Ratio Related Terms

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


City Bank (DHA:CITYBANK) Business Description

Traded in Other Exchanges
N/A
Address
136, Bir Uttam Mir Shawkat Sarak (Gulshan Avenue), Gulshan-2, Dhaka, BGD, 1212
City Bank PLC operates as a commercial bank offering a range of depository, loan, and card products, and services. Its products and services include various types of savings and current accounts, personal loans, debit cards, credit cards, internet banking, corporate banking, SME banking, investment banking, and treasury and syndication services, among others. The company recognizes the majority of its revenue from interest, fees, commission, and investment income.

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