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BFF Bank SpA (MIL:BFF) Cyclically Adjusted PS Ratio : 5.77 (As of Jun. 09, 2024)


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What is BFF Bank SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-09), BFF Bank SpA's current share price is €9.11. BFF Bank SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €1.58. BFF Bank SpA's Cyclically Adjusted PS Ratio for today is 5.77.

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

MIL:BFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.59   Med: 6.5   Max: 7.85
Current: 5.77

During the past 11 years, BFF Bank SpA's highest Cyclically Adjusted PS Ratio was 7.85. The lowest was 5.59. And the median was 6.50.

MIL:BFF's Cyclically Adjusted PS Ratio is ranked worse than
67.27% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs MIL:BFF: 5.77

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.

BFF Bank SpA's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €2.326. 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 €1.58 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BFF Bank SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BFF Bank SpA'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.

BFF Bank SpA Cyclically Adjusted PS Ratio Chart

BFF Bank SpA 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 - - - 5.21 6.53

BFF Bank SpA 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 - - - 6.53 -

Competitive Comparison of BFF Bank SpA's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, BFF Bank SpA'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.


BFF Bank SpA's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



BFF Bank SpA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.11/1.58
=5.77

* 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.

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

For example, BFF Bank SpA'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)
=2.326/119.7000*119.7000
=2.326

Current CPI (Dec23) = 119.7000.

BFF Bank SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.323 99.721 1.588
201512 0.826 99.814 0.991
201612 1.028 100.300 1.227
201712 1.203 101.200 1.423
201812 1.201 102.300 1.405
201912 1.204 102.800 1.402
202012 1.255 102.600 1.464
202112 1.543 106.600 1.733
202212 2.228 119.000 2.241
202312 2.326 119.700 2.326

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.


BFF Bank SpA  (MIL:BFF) 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.


BFF Bank SpA Cyclically Adjusted PS Ratio Related Terms

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


BFF Bank SpA (MIL:BFF) Business Description

Traded in Other Exchanges
Address
Via Domenichino 5, Milan, ITA, 20149
BFF Bank SpA is an independent specialty finance company engaged in three business units; Factoring & Lending BU, which offers products such as non-recourse factoring, lending, and credit management mainly to public sector suppliers and public administration bodies, Securities Services BU, which deals with custodian banking for investment funds and related services such as fund accounting, and transfer agents for national managers and banks and for various investment funds such as pension funds, mutual funds and alternative funds, and Payments BU, which deals with payment processing, corporate payments, and cheques and bills and has as customers medium-small Italian banks, medium-large companies and boasts a partnership with Nexi.

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