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Soneri Bank (KAR:SNBL) Cyclically Adjusted PS Ratio : 0.75 (As of Jun. 07, 2024)


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What is Soneri Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Soneri Bank's current share price is ₨11.04. Soneri Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₨14.74. Soneri Bank's Cyclically Adjusted PS Ratio for today is 0.75.

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

KAR:SNBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.8   Max: 0.97
Current: 0.77

During the past years, Soneri Bank's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.66. And the median was 0.80.

KAR:SNBL's Cyclically Adjusted PS Ratio is ranked better than
91.58% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs KAR:SNBL: 0.77

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.

Soneri Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was ₨6.726. 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 ₨14.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Soneri Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Soneri 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.

Soneri Bank Cyclically Adjusted PS Ratio Chart

Soneri 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 - - 0.90 0.84 0.75

Soneri 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 0.72 0.70 0.67 0.75 0.66

Competitive Comparison of Soneri Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Soneri 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.


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

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

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



Soneri 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.04/14.74
=0.75

* 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.

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

For example, Soneri 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)
=6.726/131.7762*131.7762
=6.726

Current CPI (Mar. 2024) = 131.7762.

Soneri Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.093 100.560 2.743
201409 2.029 100.428 2.662
201412 2.017 99.070 2.683
201503 2.345 99.621 3.102
201506 2.530 100.684 3.311
201509 2.386 100.392 3.132
201512 2.384 99.792 3.148
201603 2.234 100.470 2.930
201606 2.607 101.688 3.378
201609 1.902 101.861 2.461
201612 1.875 101.863 2.426
201703 2.530 102.862 3.241
201706 2.050 103.349 2.614
201709 2.164 104.136 2.738
201712 2.190 104.011 2.775
201803 2.352 105.290 2.944
201806 2.121 106.317 2.629
201809 2.163 106.507 2.676
201812 2.593 105.998 3.224
201903 2.400 107.251 2.949
201906 2.111 108.070 2.574
201909 2.450 108.329 2.980
201912 2.791 108.420 3.392
202003 2.781 108.902 3.365
202006 3.755 108.767 4.549
202009 3.313 109.815 3.976
202012 2.995 109.897 3.591
202103 3.312 111.754 3.905
202106 3.697 114.631 4.250
202109 3.374 115.734 3.842
202112 3.382 117.630 3.789
202203 3.354 121.301 3.644
202206 3.069 125.017 3.235
202209 4.283 125.227 4.507
202212 4.139 125.222 4.356
202303 5.966 127.348 6.173
202306 5.807 128.729 5.944
202309 7.029 129.860 7.133
202312 7.560 129.419 7.698
202403 6.726 131.776 6.726

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.


Soneri Bank  (KAR:SNBL) 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.


Soneri Bank Cyclically Adjusted PS Ratio Related Terms

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


Soneri Bank (KAR:SNBL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 10th Floor, PNSC Building, Karachi, PAK, 74000
Soneri Bank Ltd provides banking services. It is involved in the activities of Retail Banking; Corporate and Investment Banking; Islamic Banking and Foreign Exchange Services. It offers fixed income, equity, foreign exchanges, lending, and repo services. It also offers financing, deposits, and services to corporate customers including services about mergers and acquisition and IPOs. The business segments of the bank are Corporate finance, Islamic, Trading and sales, and Retail Banking.

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