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Axos Financial (Axos Financial) Cyclically Adjusted PS Ratio : 4.92 (As of Jun. 12, 2024)


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What is Axos Financial Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Axos Financial's current share price is $51.94. Axos Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $10.56. Axos Financial's Cyclically Adjusted PS Ratio for today is 4.92.

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

AX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.11   Med: 8.13   Max: 19.93
Current: 4.94

During the past years, Axos Financial's highest Cyclically Adjusted PS Ratio was 19.93. The lowest was 3.11. And the median was 8.13.

AX's Cyclically Adjusted PS Ratio is ranked worse than
87% of 1192 companies
in the Banks industry
Industry Median: 2.35 vs AX: 4.94

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.

Axos Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.002. 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 $10.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axos Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Axos Financial'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.

Axos Financial Cyclically Adjusted PS Ratio Chart

Axos Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.46 4.42 7.53 4.67 4.34

Axos Financial 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 4.25 4.34 3.99 5.47 5.12

Competitive Comparison of Axos Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Axos Financial'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.


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

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

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



Axos Financial 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.

Axos Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.94/10.56
=4.92

* 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.

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

For example, Axos Financial'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)
=5.002/131.7762*131.7762
=5.002

Current CPI (Mar. 2024) = 131.7762.

Axos Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.771 100.560 1.010
201409 0.844 100.428 1.107
201412 0.898 99.070 1.194
201503 0.946 99.621 1.251
201506 1.045 100.684 1.368
201509 1.082 100.392 1.420
201512 1.232 99.792 1.627
201603 1.440 100.470 1.889
201606 1.388 101.688 1.799
201609 1.308 101.861 1.692
201612 1.435 101.863 1.856
201703 1.719 102.862 2.202
201706 1.503 103.349 1.916
201709 1.463 104.136 1.851
201712 1.579 104.011 2.001
201803 2.202 105.290 2.756
201806 1.624 106.317 2.013
201809 1.623 106.507 2.008
201812 1.749 105.998 2.174
201903 2.503 107.251 3.075
201906 1.992 108.070 2.429
201909 1.988 108.329 2.418
201912 2.063 108.420 2.507
202003 2.893 108.902 3.501
202006 2.384 108.767 2.888
202009 2.685 109.815 3.222
202012 2.671 109.897 3.203
202103 2.584 111.754 3.047
202106 2.558 114.631 2.941
202109 2.792 115.734 3.179
202112 2.842 117.630 3.184
202203 2.883 121.301 3.132
202206 3.110 125.017 3.278
202209 3.387 125.227 3.564
202212 3.710 125.222 3.904
202303 3.759 127.348 3.890
202306 3.852 128.729 3.943
202309 4.040 129.860 4.100
202312 5.986 129.419 6.095
202403 5.002 131.776 5.002

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.


Axos Financial  (NYSE:AX) 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.


Axos Financial Cyclically Adjusted PS Ratio Related Terms

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


Axos Financial (Axos Financial) Business Description

Traded in Other Exchanges
Address
9205 West Russell Road, Suite 400, Las Vegas, NV, USA, 89148
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.
Executives
Andrew J Micheletti officer: VP & Chief Financial Officer C/O AXOS FINANCIAL, 4350 LA JOLLA VILLAGE DRIVE STE 140, SAN DIEGO CA 92122
Edward James Ratinoff director 12777 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Gregory Garrabrants director, officer: President & CEO 9205 WEST RUSSELL ROAD, SUITE #400, LAS VEGAS NV 89148
David M Crow other: EVP, Head of Axos Clearing 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Mosich Nick director 12777 HIGH BLUFF DRIVE, SUITE #100, SAN DIEGO CA 92130
Paul Grinberg director C/O ENCORE CAPITAL GROUP INC, 8875 AERO DRIVE, SUITE 200, SAN DIEGO CA 92123
Ron Pitters other: SVP, Head of Axos Securities 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
James John Court director 12777 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Stefani D Carter director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Uzair Dada director 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Tamara N Bohlig director 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Thomas M Constantine other: EVP and Chief Credit Officer 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Roque A Santi director C/O ECC CAPITAL CORPORATION, 1833 ALTON PARKWAY, IRVINE CA 92606
Brian D Swanson other: EVP, Chief Lending Officer 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Eshel Bar-adon officer: EVP, Chief Legal Officer 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122