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Bank of Palestine (XPAE:BOP) Cyclically Adjusted PS Ratio : 1.42 (As of Jun. 10, 2024)


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What is Bank of Palestine Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Bank of Palestine's current share price is $1.60. Bank of Palestine's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.13. Bank of Palestine's Cyclically Adjusted PS Ratio for today is 1.42.

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

XPAE:BOP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.88   Max: 2.04
Current: 1.42

During the past years, Bank of Palestine's highest Cyclically Adjusted PS Ratio was 2.04. The lowest was 1.40. And the median was 1.88.

XPAE:BOP's Cyclically Adjusted PS Ratio is ranked better than
76.51% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs XPAE:BOP: 1.42

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 Palestine's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.348. 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 $1.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Palestine Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Palestine'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 Palestine Cyclically Adjusted PS Ratio Chart

Bank of Palestine 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 - - - 1.81 1.60

Bank of Palestine Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.81 1.97 1.91 1.91 1.60

Competitive Comparison of Bank of Palestine's Cyclically Adjusted PS Ratio

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

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.60/1.13
=1.42

* 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 Palestine's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bank of Palestine's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.348/129.4194*129.4194
=0.348

Current CPI (Dec. 2023) = 129.4194.

Bank of Palestine Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.121 99.695 0.157
201406 0.145 100.560 0.187
201409 0.107 100.428 0.138
201412 0.171 99.070 0.223
201503 0.143 99.621 0.186
201506 0.181 100.684 0.233
201509 0.123 100.392 0.159
201512 0.163 99.792 0.211
201603 0.148 100.470 0.191
201606 0.210 101.688 0.267
201609 0.165 101.861 0.210
201612 0.262 101.863 0.333
201703 0.208 102.862 0.262
201706 0.255 103.349 0.319
201709 0.248 104.136 0.308
201712 0.231 104.011 0.287
201803 0.129 105.290 0.159
201806 0.356 106.317 0.433
201809 0.250 106.507 0.304
201812 0.245 105.998 0.299
201903 0.252 107.251 0.304
201906 0.271 108.070 0.325
201909 0.271 108.329 0.324
201912 0.214 108.420 0.255
202003 0.253 108.902 0.301
202006 0.309 108.767 0.368
202009 0.210 109.815 0.247
202012 0.240 109.897 0.283
202103 0.275 111.754 0.318
202106 0.279 114.631 0.315
202109 0.293 115.734 0.328
202112 0.294 117.630 0.323
202203 0.305 121.301 0.325
202206 0.328 125.017 0.340
202209 0.346 125.227 0.358
202212 0.306 125.222 0.316
202303 0.345 127.348 0.351
202306 0.372 128.729 0.374
202309 0.290 129.860 0.289
202312 0.348 129.419 0.348

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 Palestine  (XPAE:BOP) 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 Palestine Cyclically Adjusted PS Ratio Related Terms

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


Bank of Palestine (XPAE:BOP) Business Description

Traded in Other Exchanges
N/A
Address
Ain Misbah, P.O. Box 471, Ramallah, PSE
Bank of Palestine is active in the banking operation in Palestine. The areas of businesses under its portfolio include Retail banking, Corporate banking and Treasury services, which are also its operating segments. The Retail banking is its key segment and generates the maximum revenues through interest received from individual customers' deposits and providing consumer loans, overdrafts, credit card facilities and other services. The Corporate banking segment includes handling loans, credit facilities, deposits and current accounts for corporate, institutional customers and public sector. Under the Treasury service umbrella, the bank provides trading and treasury services and manages the bank's funds and investment.

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