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BNK Financial Group (XKRX:138930) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is BNK Financial Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BNK Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BNK Financial Group'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.

BNK Financial Group Cyclically Adjusted PS Ratio Chart

BNK Financial Group 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 - 0.82 1.11 0.78 0.78

BNK Financial Group 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 0.76 0.79 0.76 0.78 -

Competitive Comparison of BNK Financial Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, BNK Financial Group'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.


BNK Financial Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where BNK Financial Group's Cyclically Adjusted PS Ratio falls into.



BNK Financial Group 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.

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

For example, BNK Financial Group'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)
=2897.22/118.8477*118.8477
=2,897.220

Current CPI (Mar. 2024) = 118.8477.

BNK Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,600.641 99.353 1,914.713
201409 1,438.943 99.608 1,716.881
201412 3,562.479 99.098 4,272.462
201503 2,333.131 99.720 2,780.658
201506 2,209.319 100.050 2,624.413
201509 2,129.000 100.110 2,527.487
201512 1,184.081 100.220 1,404.164
201603 1,715.330 100.560 2,027.277
201606 1,622.464 100.790 1,913.147
201609 2,025.479 101.460 2,372.595
201612 93.661 101.560 109.604
201703 1,687.086 102.850 1,949.502
201706 1,756.507 102.610 2,034.469
201709 2,078.639 103.490 2,387.105
201712 -293.853 102.990 -339.098
201803 1,976.042 104.100 2,255.985
201806 1,818.467 104.130 2,075.489
201809 1,926.044 105.650 2,166.644
201812 946.139 104.350 1,077.589
201903 2,020.644 104.490 2,298.295
201906 2,018.732 104.880 2,287.583
201909 2,255.884 105.200 2,548.542
201912 1,329.838 105.120 1,503.503
202003 2,284.531 105.540 2,572.591
202006 2,451.074 104.870 2,777.768
202009 2,329.221 106.200 2,606.615
202012 1,427.831 105.765 1,604.442
202103 2,380.279 107.357 2,635.042
202106 3,048.197 107.579 3,367.502
202109 2,696.756 108.759 2,946.907
202112 2,382.662 109.676 2,581.904
202203 2,749.741 111.806 2,922.929
202206 2,647.826 114.083 2,758.418
202209 2,630.092 114.831 2,722.083
202212 2,679.310 115.200 2,764.143
202303 2,790.636 116.550 2,845.661
202306 2,716.530 117.140 2,756.135
202309 2,627.026 119.111 2,621.214
202312 2,635.680 118.848 2,635.680
202403 2,897.220 118.848 2,897.220

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.


BNK Financial Group  (XKRX:138930) 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.


BNK Financial Group Cyclically Adjusted PS Ratio Related Terms

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


BNK Financial Group (XKRX:138930) Business Description

Traded in Other Exchanges
N/A
Address
30, Munhyeongeumyung-ro, Nam-gu, Busan, KOR
BNK Financial Group Inc is a Korea-based company engaged in providing various financial products and services. It offers Internet banking services covering deposits, inquiry, and transfers; financial products; Internet-based products; apartment-application deposits; fund products; variable annuities; and asset management services. It also provides investment brokerage, credit finance, and mutual savings banking services. In addition, it also provides credit check, and certificate issuing services, as well as financial IT service.

BNK Financial Group (XKRX:138930) Headlines

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