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Banco Bilbao Vizcaya Argentaria (Banco Bilbao Vizcaya Argentaria) Cyclically Adjusted PS Ratio : 2.25 (As of Jun. 07, 2024)


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What is Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Banco Bilbao Vizcaya Argentaria's current share price is $10.63. Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.73. Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio for today is 2.25.

The historical rank and industry rank for Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio or its related term are showing as below:

BBVA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.37   Max: 2.56
Current: 2.22

During the past years, Banco Bilbao Vizcaya Argentaria's highest Cyclically Adjusted PS Ratio was 2.56. The lowest was 0.57. And the median was 1.37.

BBVA's Cyclically Adjusted PS Ratio is ranked better than
54.76% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs BBVA: 2.22

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.

Banco Bilbao Vizcaya Argentaria's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.530. 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 $4.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banco Bilbao Vizcaya Argentaria'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.

Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio Chart

Banco Bilbao Vizcaya Argentaria 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 1.16 1.05 1.34 1.37 1.91

Banco Bilbao Vizcaya Argentaria 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 1.58 1.66 1.78 1.91 2.51

Competitive Comparison of Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Banco Bilbao Vizcaya Argentaria'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.


Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio falls into.



Banco Bilbao Vizcaya Argentaria 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.

Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.63/4.73
=2.25

* 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.

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

For example, Banco Bilbao Vizcaya Argentaria'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)
=1.53/122.7621*122.7621
=1.530

Current CPI (Mar. 2024) = 122.7621.

Banco Bilbao Vizcaya Argentaria Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.171 101.081 1.422
201409 1.047 100.441 1.280
201412 1.653 100.251 2.024
201503 0.912 99.474 1.126
201506 0.975 101.138 1.183
201509 1.079 99.559 1.330
201512 1.407 100.268 1.723
201603 0.908 98.638 1.130
201606 1.265 100.333 1.548
201609 0.935 99.737 1.151
201612 1.284 101.842 1.548
201703 0.969 100.896 1.179
201706 1.029 101.848 1.240
201709 1.032 101.524 1.248
201712 1.213 102.975 1.446
201803 1.037 102.122 1.247
201806 0.931 104.165 1.097
201809 0.973 103.818 1.151
201812 0.992 104.193 1.169
201903 0.925 103.488 1.097
201906 0.902 104.612 1.059
201909 0.935 103.905 1.105
201912 1.083 105.015 1.266
202003 1.052 103.469 1.248
202006 0.700 104.254 0.824
202009 0.822 103.521 0.975
202012 0.779 104.456 0.916
202103 0.922 104.857 1.079
202106 0.849 107.102 0.973
202109 0.977 107.669 1.114
202112 0.923 111.298 1.018
202203 1.015 115.153 1.082
202206 1.124 118.044 1.169
202209 1.179 117.221 1.235
202212 1.055 117.650 1.101
202303 1.235 118.948 1.275
202306 1.644 120.278 1.678
202309 1.498 121.343 1.516
202312 1.301 121.300 1.317
202403 1.530 122.762 1.530

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.


Banco Bilbao Vizcaya Argentaria  (NYSE:BBVA) 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.


Banco Bilbao Vizcaya Argentaria Cyclically Adjusted PS Ratio Related Terms

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Banco Bilbao Vizcaya Argentaria (Banco Bilbao Vizcaya Argentaria) Business Description

Address
Calle Azul, 4, Madrid, ESP, 28050
Despite its Spanish origins, BBVA generates only around a quarter of its profits in Spain. We expect that on a normalised basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.