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OTP Bank (XPRA:OTP) Cyclically Adjusted PS Ratio : 2.59 (As of Jun. 09, 2024)


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What is OTP Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-09), OTP Bank's current share price is Kč1000.00. OTP Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Kč386.70. OTP Bank's Cyclically Adjusted PS Ratio for today is 2.59.

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

XPRA:OTP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.67   Max: 4.55
Current: 2.66

During the past years, OTP Bank's highest Cyclically Adjusted PS Ratio was 4.55. The lowest was 1.48. And the median was 2.67.

XPRA:OTP's Cyclically Adjusted PS Ratio is ranked worse than
58.98% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs XPRA:OTP: 2.66

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.

OTP Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was Kč149.494. 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 Kč386.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OTP Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OTP 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.

OTP Bank Cyclically Adjusted PS Ratio Chart

OTP 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 4.20 3.44 3.86 1.78 2.51

OTP 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 1.67 1.97 2.10 2.51 2.59

Competitive Comparison of OTP Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, OTP 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.


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

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

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



OTP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1000.00/386.7
=2.59

* 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.

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

For example, OTP 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)
=149.494/163.8786*163.8786
=149.494

Current CPI (Mar. 2024) = 163.8786.

OTP Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 60.107 100.370 98.139
201409 58.366 100.074 95.579
201412 63.577 98.816 105.438
201503 70.354 99.704 115.638
201506 45.242 100.962 73.435
201509 48.083 99.704 79.032
201512 42.866 99.704 70.457
201603 49.645 99.482 81.781
201606 48.540 100.814 78.904
201609 46.051 100.370 75.189
201612 51.920 101.406 83.906
201703 50.912 102.147 81.681
201706 57.883 102.724 92.343
201709 83.954 102.902 133.703
201712 39.092 103.627 61.821
201803 55.331 104.219 87.005
201806 60.715 105.922 93.936
201809 63.410 106.588 97.493
201812 59.271 106.440 91.256
201903 66.251 108.068 100.466
201906 64.925 109.475 97.190
201909 86.261 109.623 128.955
201912 57.520 110.659 85.183
202003 79.672 112.287 116.278
202006 72.930 112.583 106.158
202009 78.069 113.398 112.823
202012 78.049 113.694 112.500
202103 82.290 116.358 115.897
202106 85.431 118.579 118.068
202109 92.793 119.541 127.210
202112 85.156 122.058 114.333
202203 83.028 126.351 107.688
202206 102.320 132.420 126.627
202209 114.447 143.597 130.611
202212 98.189 152.036 105.838
202303 147.934 158.105 153.336
202306 177.048 158.993 182.488
202309 149.746 161.140 152.291
202312 82.053 160.400 83.833
202403 149.494 163.879 149.494

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.


OTP Bank  (XPRA:OTP) 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.


OTP Bank Cyclically Adjusted PS Ratio Related Terms

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


OTP Bank (XPRA:OTP) Business Description

Industry
Traded in Other Exchanges
Address
16, Nador Street, Budapest, HUN, 1051
OTP Bank PLC provides universal financial services through several subsidiaries. It performs banking operations via its bank in Hungary. The Group's operating segments are as follows: OTP Core Hungary, Russia, Ukraine, Bulgaria, Romania, Serbia, Croatia, Montenegro, Albania, Moldova, Slovenia, Merkantil Group, Asset Management subsidiaries, other subsidiaries, Corporate Centre. The Bank provides comprehensive banking & other financial services to both retail & corporate customers: its activities include deposit collection from customers, raising money from the money & capital markets; It also offers mortgage loans, consumer credits, working capital & investment loans to companies, and municipalities. A majority of the bank's net revenue is net interest income.

OTP Bank (XPRA:OTP) Headlines

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