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Barclays (XSWX:BARC) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Barclays Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barclays Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Barclays'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.

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Barclays Cyclically Adjusted PS Ratio Chart

Barclays Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Barclays Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Barclays's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Barclays'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.


Barclays's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Barclays 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.

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

For example, Barclays'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)
=0.452/131.6000*131.6000
=0.452

Current CPI (Mar. 2024) = 131.6000.

Barclays Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.629 99.800 0.829
201409 0.616 100.000 0.811
201412 0.135 99.900 0.178
201503 0.516 99.600 0.682
201506 0.515 100.100 0.677
201509 0.516 100.200 0.678
201512 0.373 100.400 0.489
201603 0.418 100.400 0.548
201606 0.486 101.000 0.633
201609 0.411 101.500 0.533
201612 0.319 102.200 0.411
201703 0.425 102.700 0.545
201706 0.368 103.500 0.468
201709 0.390 104.300 0.492
201712 0.389 105.000 0.488
201803 0.416 105.100 0.521
201806 0.292 105.900 0.363
201809 0.511 106.600 0.631
201812 0.371 107.100 0.456
201903 0.405 107.000 0.498
201906 0.402 107.900 0.490
201909 0.393 108.400 0.477
201912 0.394 108.500 0.478
202003 0.432 108.600 0.523
202006 0.366 108.800 0.443
202009 0.355 109.200 0.428
202012 0.329 109.400 0.396
202103 0.438 109.700 0.525
202106 0.397 111.400 0.469
202109 0.399 112.400 0.467
202112 0.365 114.700 0.419
202203 0.458 116.500 0.517
202206 0.462 120.500 0.505
202209 0.378 122.300 0.407
202212 0.364 125.300 0.382
202303 0.468 126.800 0.486
202306 0.412 129.400 0.419
202309 0.401 130.100 0.406
202312 0.353 130.500 0.356
202403 0.452 131.600 0.452

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.


Barclays  (XSWX:BARC) 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.


Barclays Cyclically Adjusted PS Ratio Related Terms

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


Barclays (XSWX:BARC) Business Description

Industry
Address
1 Churchill Place, London, GBR, E14 5HP
Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (71% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2022, Barclays generated roughly 60% of its income from the U.K. and 25% from the United States.

Barclays (XSWX:BARC) Headlines

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