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East West Bancorp (East West Bancorp) Cyclically Adjusted PS Ratio : 5.81 (As of Apr. 27, 2024)


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What is East West Bancorp Cyclically Adjusted PS Ratio?

As of today (2024-04-27), East West Bancorp's current share price is $75.98. East West Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.07. East West Bancorp's Cyclically Adjusted PS Ratio for today is 5.81.

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

EWBC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.66   Med: 5.78   Max: 9.71
Current: 5.84

During the past years, East West Bancorp's highest Cyclically Adjusted PS Ratio was 9.71. The lowest was 2.66. And the median was 5.78.

EWBC's Cyclically Adjusted PS Ratio is ranked worse than
91.22% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs EWBC: 5.84

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.

East West Bancorp's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.547. 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 $13.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


East West Bancorp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for East West Bancorp'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.

East West Bancorp Cyclically Adjusted PS Ratio Chart

East West Bancorp 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 5.77 5.66 7.75 5.65 5.51

East West Bancorp 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 4.57 4.22 4.09 5.51 -

Competitive Comparison of East West Bancorp's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, East West Bancorp'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.


East West Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



East West Bancorp 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.

East West Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.98/13.07
=5.81

* 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.

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

For example, East West Bancorp'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)
=4.547/129.4194*129.4194
=4.547

Current CPI (Dec. 2023) = 129.4194.

East West Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.686 99.695 2.189
201406 1.758 100.560 2.263
201409 1.859 100.428 2.396
201412 1.796 99.070 2.346
201503 1.923 99.621 2.498
201506 1.839 100.684 2.364
201509 2.019 100.392 2.603
201512 1.970 99.792 2.555
201603 2.004 100.470 2.581
201606 2.022 101.688 2.573
201609 2.065 101.861 2.624
201612 2.186 101.863 2.777
201703 2.152 102.862 2.708
201706 2.290 103.349 2.868
201709 2.367 104.136 2.942
201712 2.457 104.011 3.057
201803 2.515 105.290 3.091
201806 2.649 106.317 3.225
201809 2.663 106.507 3.236
201812 2.874 105.998 3.509
201903 2.749 107.251 3.317
201906 2.853 108.070 3.417
201909 2.859 108.329 3.416
201912 3.007 108.420 3.589
202003 2.854 108.902 3.392
202006 2.793 108.767 3.323
202009 2.644 109.815 3.116
202012 2.893 109.897 3.407
202103 2.959 111.754 3.427
202106 3.084 114.631 3.482
202109 3.246 115.734 3.630
202112 3.297 117.630 3.627
202203 3.426 121.301 3.655
202206 3.833 125.017 3.968
202209 4.370 125.227 4.516
202212 4.657 125.222 4.813
202303 4.582 127.348 4.657
202306 4.474 128.729 4.498
202309 4.475 129.860 4.460
202312 4.547 129.419 4.547

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.


East West Bancorp  (NAS:EWBC) 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.


East West Bancorp Cyclically Adjusted PS Ratio Related Terms

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


East West Bancorp (East West Bancorp) Business Description

Traded in Other Exchanges
Address
135 North Los Robles Avenue, 7th Floor, Pasadena, CA, USA, 91101
East West Bancorp Inc is the holding company for East West Bank, a full-service commercial bank with cross-border operations concentrated in the United States and China. East-West Bank is one of a few U.S. based banks with a full banking license in China. The bank's cost strategy has increasingly focused on expanding its deposit base away from time deposits to commercial deposits. The bank has also taken part in entertainment partnerships between participants in China and Hollywood. Most of these efforts include financing the production and distribution of film and television projects. The bank leverages its cultural and regulatory knowledge in the U.S. and China to assist its customers in entering new markets. Most of its earning assets are in loans held for investment.
Executives
Jack C Liu director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Douglas Paul Krause officer: Executive Vice President 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Molly Campbell director 135 N. LOS ROBLES AVE 7TH FLR, PASADENA CA 91101
Moral-niles Christopher Del officer: Chief Financial Officer ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Rudolph Estrada director 415 HUNTINGTON DR., SAN MARINO CA 91108
Mark R Hutchins director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Manuel Pham Alvarez director 135 N. LOS ROBLES AVE., PASADENA CA 91101
Archana Deskus director 2929 ALLEN PARKWAY SUITE 2100, HOUSTON TX 77019
Sabrina Kay director 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362
Dominic Ng director, officer: Chief Executive Officer
Lester Sussman director C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
Irene H Oh officer: Chief Financial Officer 135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Parker Shi officer: Chief Operating Officer 135 N. LOS ROBLES AVE., PASADENA CA 91101
Gary Teo officer: Senior Vice President 135 N. LOS ROBLES AVE 7TH FLR, PASADENA CA 91101
Serge Dumont director 135 N. LOS ROBLES AVE., PASADENA CA 91101