GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of Kaohsiung Ltd (TPE:2836) » Definitions » Cyclically Adjusted PS Ratio

Bank Of Kaohsiung (TPE:2836) Cyclically Adjusted PS Ratio : 3.33 (As of Jun. 09, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Bank Of Kaohsiung Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Bank Of Kaohsiung's current share price is NT$11.80. Bank Of Kaohsiung's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$3.54. Bank Of Kaohsiung's Cyclically Adjusted PS Ratio for today is 3.33.

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

TPE:2836' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.3   Med: 3.19   Max: 4.21
Current: 3.33

During the past years, Bank Of Kaohsiung's highest Cyclically Adjusted PS Ratio was 4.21. The lowest was 2.30. And the median was 3.19.

TPE:2836's Cyclically Adjusted PS Ratio is ranked worse than
72.06% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs TPE:2836: 3.33

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 Of Kaohsiung's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$0.695. 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 NT$3.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Of Kaohsiung Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank Of Kaohsiung'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 Of Kaohsiung Cyclically Adjusted PS Ratio Chart

Bank Of Kaohsiung 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 2.67 2.85 3.34 3.37 3.37

Bank Of Kaohsiung 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 3.29 3.30 3.27 3.37 3.34

Competitive Comparison of Bank Of Kaohsiung's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank Of Kaohsiung'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 Of Kaohsiung's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.80/3.54
=3.33

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

For example, Bank Of Kaohsiung'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)
=0.695/131.7762*131.7762
=0.695

Current CPI (Mar. 2024) = 131.7762.

Bank Of Kaohsiung Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.833 100.560 1.092
201409 0.743 100.428 0.975
201412 0.676 99.070 0.899
201503 0.818 99.621 1.082
201506 0.841 100.684 1.101
201509 0.788 100.392 1.034
201512 0.762 99.792 1.006
201603 0.851 100.470 1.116
201606 0.841 101.688 1.090
201609 0.782 101.861 1.012
201612 0.740 101.863 0.957
201703 0.747 102.862 0.957
201706 0.652 103.349 0.831
201709 0.655 104.136 0.829
201712 0.676 104.011 0.856
201803 0.725 105.290 0.907
201806 0.692 106.317 0.858
201809 0.653 106.507 0.808
201812 0.579 105.998 0.720
201903 0.730 107.251 0.897
201906 0.752 108.070 0.917
201909 0.674 108.329 0.820
201912 0.607 108.420 0.738
202003 0.777 108.902 0.940
202006 0.713 108.767 0.864
202009 0.733 109.815 0.880
202012 0.698 109.897 0.837
202103 0.862 111.754 1.016
202106 0.711 114.631 0.817
202109 0.777 115.734 0.885
202112 0.738 117.630 0.827
202203 0.789 121.301 0.857
202206 0.686 125.017 0.723
202209 0.701 125.227 0.738
202212 0.805 125.222 0.847
202303 0.706 127.348 0.731
202306 0.790 128.729 0.809
202309 0.770 129.860 0.781
202312 0.683 129.419 0.695
202403 0.695 131.776 0.695

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 Of Kaohsiung  (TPE:2836) 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 Of Kaohsiung Cyclically Adjusted PS Ratio Related Terms

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


Bank Of Kaohsiung (TPE:2836) Business Description

Traded in Other Exchanges
Address
168 Po Ai 2nd Road, Zuoying District, Kaohsiung, TWN
Bank Of Kaohsiung Ltd is engaged in providing banking services. Its operating segment includes DBU, OBU, and Finance Administration Department, and Others. It generates maximum revenue from the DBU segment. DBU segment is engaged in deposit-taking and underwriting of loans in the domestic market. OBU and Finance Administration Department segment is engaged in the investment and trading of securities and offshore deposits and loans, and the others segment is engaged in the public treasury, trust, life insurance, and property insurance businesses. Geographically, it derives a majority of its revenue from Taiwan and also has a presence in America, Australia, United Arab Emirates, Cayman, the Virgin Islands, and Other Countries.

Bank Of Kaohsiung (TPE:2836) Headlines

No Headlines