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Bank AlJazira (SAU:1020) Cyclically Adjusted PS Ratio : 3.89 (As of Jun. 06, 2024)


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What is Bank AlJazira Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Bank AlJazira's current share price is ﷼15.54. Bank AlJazira's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ﷼4.00. Bank AlJazira's Cyclically Adjusted PS Ratio for today is 3.89.

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

SAU:1020' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.2   Med: 4.08   Max: 6.88
Current: 3.78

During the past years, Bank AlJazira's highest Cyclically Adjusted PS Ratio was 6.88. The lowest was 3.20. And the median was 4.08.

SAU:1020's Cyclically Adjusted PS Ratio is ranked worse than
78.82% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs SAU:1020: 3.78

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.

Bank AlJazira's adjusted revenue per share data for the three months ended in Mar. 2024 was ﷼0.866. 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 ﷼4.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank AlJazira Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank AlJazira'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.

Bank AlJazira Cyclically Adjusted PS Ratio Chart

Bank AlJazira 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 - - 4.36 3.99 3.80

Bank AlJazira 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 3.74 3.73 3.40 3.80 3.95

Competitive Comparison of Bank AlJazira's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank AlJazira'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.


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

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

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



Bank AlJazira 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.54/4
=3.89

* 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.

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

For example, Bank AlJazira'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)
=0.866/131.7762*131.7762
=0.866

Current CPI (Mar. 2024) = 131.7762.

Bank AlJazira Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.808 100.560 1.059
201409 0.834 100.428 1.094
201412 0.794 99.070 1.056
201503 0.883 99.621 1.168
201506 1.669 100.684 2.184
201509 0.742 100.392 0.974
201512 0.815 99.792 1.076
201603 1.089 100.470 1.428
201606 0.817 101.688 1.059
201609 0.810 101.861 1.048
201612 0.767 101.863 0.992
201703 0.618 102.862 0.792
201706 0.909 103.349 1.159
201709 0.726 104.136 0.919
201712 0.913 104.011 1.157
201803 0.911 105.290 1.140
201806 0.782 106.317 0.969
201809 0.650 106.507 0.804
201812 0.663 105.998 0.824
201903 0.679 107.251 0.834
201906 0.697 108.070 0.850
201909 0.731 108.329 0.889
201912 0.797 108.420 0.969
202003 0.749 108.902 0.906
202006 0.770 108.767 0.933
202009 0.792 109.815 0.950
202012 0.891 109.897 1.068
202103 0.922 111.754 1.087
202106 0.808 114.631 0.929
202109 0.857 115.734 0.976
202112 0.872 117.630 0.977
202203 0.960 121.301 1.043
202206 0.787 125.017 0.830
202209 0.860 125.227 0.905
202212 0.741 125.222 0.780
202303 0.764 127.348 0.791
202306 0.788 128.729 0.807
202309 0.832 129.860 0.844
202312 0.849 129.419 0.864
202403 0.866 131.776 0.866

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.


Bank AlJazira  (SAU:1020) 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.


Bank AlJazira Cyclically Adjusted PS Ratio Related Terms

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


Bank AlJazira (SAU:1020) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7724 King Abdulaziz Road, P.O Box 6277, Al-Shatea District, Jeddah, SAU, 21442
Bank AlJazira provides banking services. The Group is organized into the following main operating segments: Personal banking Deposit includes credit and investment products for individuals. Corporate banking includes Financing, deposits and other credit products for corporate, small to medium sized business and institutional customers. Treasury includes money market, foreign exchange, trading and treasury services. Brokerage and asset management provides shares brokerage services to customers (this segment includes the activities of the Bank's subsidiary AlJazira Capital Company). All of the group's operations are based in the Kingdom of Saudi Arabia, GCC and Middle East, Europe, North America, South East Asia and Other countries.

Bank AlJazira (SAU:1020) Headlines

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