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Asia United Bank (PHS:AUB) Cyclically Adjusted PS Ratio : 2.17 (As of Jun. 10, 2024)


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What is Asia United Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Asia United Bank's current share price is ₱40.50. Asia United Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱18.65. Asia United Bank's Cyclically Adjusted PS Ratio for today is 2.17.

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

PHS:AUB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 1.8   Max: 2.32
Current: 2.17

During the past years, Asia United Bank's highest Cyclically Adjusted PS Ratio was 2.32. The lowest was 1.43. And the median was 1.80.

PHS:AUB's Cyclically Adjusted PS Ratio is ranked better than
51.93% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs PHS:AUB: 2.17

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.

Asia United Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱6.463. 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 ₱18.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia United Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia United 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.

Asia United Bank Cyclically Adjusted PS Ratio Chart

Asia United 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 - 1.92 1.71 1.51 1.84

Asia United 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 1.68 1.82 1.76 1.84 2.07

Competitive Comparison of Asia United Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Asia United 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.


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

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

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



Asia United 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.50/18.65
=2.17

* 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.

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

For example, Asia United 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)
=6.463/131.7762*131.7762
=6.463

Current CPI (Mar. 2024) = 131.7762.

Asia United Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.240 100.560 2.935
201409 2.553 100.428 3.350
201412 1.965 99.070 2.614
201503 2.122 99.621 2.807
201506 2.084 100.684 2.728
201509 1.973 100.392 2.590
201512 2.224 99.792 2.937
201603 2.448 100.470 3.211
201606 2.747 101.688 3.560
201609 2.672 101.861 3.457
201612 2.458 101.863 3.180
201703 2.603 102.862 3.335
201706 2.773 103.349 3.536
201709 3.047 104.136 3.856
201712 3.059 104.011 3.876
201803 3.002 105.290 3.757
201806 3.135 106.317 3.886
201809 3.252 106.507 4.024
201812 3.759 105.998 4.673
201903 3.748 107.251 4.605
201906 4.471 108.070 5.452
201909 4.598 108.329 5.593
201912 3.865 108.420 4.698
202003 4.223 108.902 5.110
202006 5.491 108.767 6.653
202009 6.138 109.815 7.366
202012 4.794 109.897 5.748
202103 3.978 111.754 4.691
202106 4.419 114.631 5.080
202109 4.475 115.734 5.095
202112 4.951 117.630 5.546
202203 4.601 121.301 4.998
202206 4.826 125.017 5.087
202209 5.623 125.227 5.917
202212 5.528 125.222 5.817
202303 9.283 127.348 9.606
202306 6.079 128.729 6.223
202309 5.969 129.860 6.057
202312 6.239 129.419 6.353
202403 6.463 131.776 6.463

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.


Asia United Bank  (PHS:AUB) 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.


Asia United Bank Cyclically Adjusted PS Ratio Related Terms

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


Asia United Bank (PHS:AUB) Business Description

Traded in Other Exchanges
N/A
Address
No. 17 ADB Avenue, Joy-Nostalg Center, Ortigas Center, Pasig City, PHL, 1600
Asia United Bank Corp is a banking service provider in the Philippines. It offers banking and financial products to corporate and individual customers. It functions through five divisions. Commercial Banking provides lending, trade, and cash management services to corporate and institutional customers. The Consumer Banking segment offers banking services to retail customers. The Treasury segment functions include managing the group's reserve and liquidity position and maintaining its balance sheet by investing in sovereign and corporate debt instruments. The Branch Banking segment, which is the key revenue driver, offers retail deposit products. The Others segment includes the group's income from trust activities, remittances, investment banking, and gains on foreclosed properties.