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OTP Bank (LUX:OTPBK) Cyclically Adjusted PS Ratio : 2.72 (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 $24.20. OTP Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.89. OTP Bank's Cyclically Adjusted PS Ratio for today is 2.72.

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

LUX:OTPBK' 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.

LUX:OTPBK's Cyclically Adjusted PS Ratio is ranked worse than
58.98% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs LUX:OTPBK: 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 $3.173. 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 $8.89 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
=24.20/8.89
=2.72

* 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)
=3.173/163.8786*163.8786
=3.173

Current CPI (Mar. 2024) = 163.8786.

OTP Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.276 100.370 2.083
201409 1.239 100.074 2.029
201412 1.349 98.816 2.237
201503 1.493 99.704 2.454
201506 0.960 100.962 1.558
201509 1.021 99.704 1.678
201512 0.910 99.704 1.496
201603 1.054 99.482 1.736
201606 1.030 100.814 1.674
201609 0.977 100.370 1.595
201612 1.102 101.406 1.781
201703 1.081 102.147 1.734
201706 1.229 102.724 1.961
201709 1.782 102.902 2.838
201712 0.830 103.627 1.313
201803 1.174 104.219 1.846
201806 1.289 105.922 1.994
201809 1.346 106.588 2.069
201812 1.258 106.440 1.937
201903 1.406 108.068 2.132
201906 1.378 109.475 2.063
201909 1.831 109.623 2.737
201912 1.221 110.659 1.808
202003 1.691 112.287 2.468
202006 1.548 112.583 2.253
202009 1.657 113.398 2.395
202012 1.657 113.694 2.388
202103 1.747 116.358 2.460
202106 1.813 118.579 2.506
202109 1.970 119.541 2.701
202112 1.807 122.058 2.426
202203 1.762 126.351 2.285
202206 2.172 132.420 2.688
202209 2.429 143.597 2.772
202212 2.084 152.036 2.246
202303 3.140 158.105 3.255
202306 3.758 158.993 3.873
202309 3.178 161.140 3.232
202312 1.742 160.400 1.780
202403 3.173 163.879 3.173

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  (LUX:OTPBK) 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 (LUX:OTPBK) 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.

OTP Bank (LUX:OTPBK) Headlines

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