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Djurslands Bank A/S (OCSE:DJUR) Cyclically Adjusted PS Ratio : 3.12 (As of Jun. 06, 2024)


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What is Djurslands Bank A/S Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Djurslands Bank A/S's current share price is kr515.00. Djurslands Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr164.90. Djurslands Bank A/S's Cyclically Adjusted PS Ratio for today is 3.12.

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

OCSE:DJUR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.56   Max: 3.75
Current: 3.09

During the past years, Djurslands Bank A/S's highest Cyclically Adjusted PS Ratio was 3.75. The lowest was 1.74. And the median was 2.56.

OCSE:DJUR's Cyclically Adjusted PS Ratio is ranked worse than
68.19% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs OCSE:DJUR: 3.09

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.

Djurslands Bank A/S's adjusted revenue per share data for the three months ended in Mar. 2024 was kr62.702. 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 kr164.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Djurslands Bank A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Djurslands 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.

Djurslands Bank A/S Cyclically Adjusted PS Ratio Chart

Djurslands 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 2.08 2.32 2.56 2.39 2.79

Djurslands 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 2.46 2.59 2.83 2.79 3.34

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

For the Banks - Regional subindustry, Djurslands 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.


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

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

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



Djurslands 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=515.00/164.9
=3.12

* 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.

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

For example, Djurslands 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)
=62.702/118.4000*118.4000
=62.702

Current CPI (Mar. 2024) = 118.4000.

Djurslands Bank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.931 99.700 34.357
201409 30.136 99.700 35.788
201412 25.051 99.400 29.839
201503 32.700 100.200 38.640
201506 31.891 100.300 37.646
201509 26.123 100.200 30.868
201512 27.221 99.800 32.294
201603 27.207 100.200 32.149
201606 30.708 100.600 36.141
201609 31.751 100.200 37.518
201612 31.015 100.300 36.612
201703 31.519 101.200 36.876
201706 32.480 101.200 38.000
201709 30.545 101.800 35.526
201712 29.101 101.300 34.013
201803 35.643 101.700 41.496
201806 31.333 102.300 36.264
201809 31.128 102.400 35.992
201812 29.134 102.100 33.785
201903 31.770 102.900 36.556
201906 38.274 102.900 44.039
201909 38.030 102.900 43.759
201912 34.454 102.900 39.644
202003 32.890 103.300 37.698
202006 34.549 103.200 39.638
202009 34.213 103.500 39.138
202012 36.386 103.400 41.664
202103 32.298 104.300 36.664
202106 36.912 105.000 41.623
202109 37.509 105.800 41.976
202112 42.637 106.600 47.357
202203 42.104 109.900 45.360
202206 32.894 113.600 34.284
202209 38.926 116.400 39.595
202212 55.325 115.900 56.518
202303 57.378 117.300 57.916
202306 58.266 116.400 59.267
202309 63.229 117.400 63.768
202312 65.103 116.700 66.051
202403 62.702 118.400 62.702

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.


Djurslands Bank A/S  (OCSE:DJUR) 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.


Djurslands Bank A/S Cyclically Adjusted PS Ratio Related Terms

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


Djurslands Bank A/S (OCSE:DJUR) Business Description

Traded in Other Exchanges
N/A
Address
Torvet 5, Grenaa, DNK, 8500
Djurslands Bank A/S provides banking products and financial services to private customers, small and medium sized enterprises as well as to public institutions. It product and service offerings include loans, mortgage, pension funds, and insurance. It also provide consultation services for private and professional banking.

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