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Dexia (FRA:DXBA) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)


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What is Dexia Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dexia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dexia'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.

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Dexia Cyclically Adjusted PS Ratio Chart

Dexia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Dexia Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Competitive Comparison of Dexia's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Dexia'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.


Dexia's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Dexia 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.

Dexia's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dexia's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.143/128.2922*128.2922
=0.143

Current CPI (Dec23) = 128.2922.

Dexia Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 -84.659 99.086 -109.613
201512 23.401 100.572 29.851
201612 19.452 102.614 24.320
201712 -4.734 104.804 -5.795
201812 -0.236 107.252 -0.282
201912 -1.152 108.065 -1.368
202012 -0.752 108.511 -0.889
202112 -0.105 114.705 -0.117
202212 0.797 126.578 0.808
202312 0.143 128.292 0.143

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.


Dexia  (FRA:DXBA) 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.


Dexia Cyclically Adjusted PS Ratio Related Terms

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


Dexia (FRA:DXBA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Marsveldplein 5, BastionTower, Brussels, BEL, B-1050
Dexia SA is engaged in providing retail and commercial banking, public and wholesale banking, and asset management and investor services.

Dexia (FRA:DXBA) Headlines

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