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Danske Andelskassers Bank A/S (OCSE:DAB) Cyclically Adjusted PS Ratio : 2.36 (As of Jun. 07, 2024)


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What is Danske Andelskassers Bank A/S Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Danske Andelskassers Bank A/S's current share price is kr12.10. Danske Andelskassers Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr5.12. Danske Andelskassers Bank A/S's Cyclically Adjusted PS Ratio for today is 2.36.

The historical rank and industry rank for Danske Andelskassers Bank A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

OCSE:DAB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.68   Max: 2.47
Current: 2.38

During the past years, Danske Andelskassers Bank A/S's highest Cyclically Adjusted PS Ratio was 2.47. The lowest was 0.92. And the median was 1.68.

OCSE:DAB's Cyclically Adjusted PS Ratio is ranked worse than
50.29% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs OCSE:DAB: 2.38

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.

Danske Andelskassers Bank A/S's adjusted revenue per share data for the three months ended in Mar. 2024 was kr0.921. 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 kr5.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Danske Andelskassers Bank A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Danske Andelskassers Bank A/S'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.

Danske Andelskassers Bank A/S Cyclically Adjusted PS Ratio Chart

Danske Andelskassers Bank A/S 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 0.97 1.10 1.72 1.73 1.99

Danske Andelskassers Bank A/S 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 1.79 1.82 1.87 1.99 2.23

Competitive Comparison of Danske Andelskassers Bank A/S's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Danske Andelskassers Bank A/S'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.


Danske Andelskassers Bank A/S's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Andelskassers Bank A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Danske Andelskassers Bank A/S's Cyclically Adjusted PS Ratio falls into.



Danske Andelskassers Bank A/S 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.

Danske Andelskassers Bank A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.10/5.12
=2.36

* 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.

Danske Andelskassers Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Danske Andelskassers Bank A/S'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)
=0.921/118.4000*118.4000
=0.921

Current CPI (Mar. 2024) = 118.4000.

Danske Andelskassers Bank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.306 99.700 2.739
201409 1.552 99.700 1.843
201412 1.665 99.400 1.983
201503 2.718 100.200 3.212
201506 3.167 100.300 3.739
201509 0.957 100.200 1.131
201512 1.228 99.800 1.457
201603 1.008 100.200 1.191
201606 0.913 100.600 1.075
201609 1.338 100.200 1.581
201612 0.900 100.300 1.062
201703 1.268 101.200 1.484
201706 0.988 101.200 1.156
201709 0.787 101.800 0.915
201712 1.054 101.300 1.232
201803 0.972 101.700 1.132
201806 0.835 102.300 0.966
201809 0.802 102.400 0.927
201812 0.747 102.100 0.866
201903 1.401 102.900 1.612
201906 0.763 102.900 0.878
201909 1.702 102.900 1.958
201912 1.075 102.900 1.237
202003 0.332 103.300 0.381
202006 0.883 103.200 1.013
202009 1.030 103.500 1.178
202012 1.049 103.400 1.201
202103 1.098 104.300 1.246
202106 0.834 105.000 0.940
202109 0.657 105.800 0.735
202112 0.812 106.600 0.902
202203 0.739 109.900 0.796
202206 0.599 113.600 0.624
202209 0.860 116.400 0.875
202212 0.849 115.900 0.867
202303 1.121 117.300 1.132
202306 0.947 116.400 0.963
202309 1.011 117.400 1.020
202312 0.972 116.700 0.986
202403 0.921 118.400 0.921

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.


Danske Andelskassers Bank A/S  (OCSE:DAB) 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.


Danske Andelskassers Bank A/S Cyclically Adjusted PS Ratio Related Terms

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


Danske Andelskassers Bank A/S (OCSE:DAB) Business Description

Traded in Other Exchanges
N/A
Address
Baneskellet 1, Hammershoj, Tjele, DNK, 8830
Danske Andelskassers Bank A/S operates as a regional bank which provides various banking products and services to private, small and medium-sized business, and institutional customers in Denmark. It offers deposit products such as checking, savings and term certificate accounts, credit cards, Mortgages, loans, pensions, self-service facilities, insurance, mobile banking, Net banking, ATMs, debt management and investment advice.

Danske Andelskassers Bank A/S (OCSE:DAB) Headlines

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