GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skandinaviska Enskilda Banken AB (MIL:1SEBA) » Definitions » Cyclically Adjusted PS Ratio

Skandinaviska Enskilda Banken AB (MIL:1SEBA) Cyclically Adjusted PS Ratio : 5.25 (As of Oct. 09, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio?

As of today (2024-10-09), Skandinaviska Enskilda Banken AB's current share price is €13.915. Skandinaviska Enskilda Banken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €2.65. Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio for today is 5.25.

The historical rank and industry rank for Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIL:1SEBA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.74   Med: 4.23   Max: 5.96
Current: 5.04

During the past years, Skandinaviska Enskilda Banken AB's highest Cyclically Adjusted PS Ratio was 5.96. The lowest was 2.74. And the median was 4.23.

MIL:1SEBA's Cyclically Adjusted PS Ratio is ranked worse than
86.67% of 1223 companies
in the Banks industry
Industry Median: 2.52 vs MIL:1SEBA: 5.04

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.

Skandinaviska Enskilda Banken AB's adjusted revenue per share data for the three months ended in Jun. 2024 was €0.867. 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 €2.65 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Skandinaviska Enskilda Banken AB'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.

Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio Chart

Skandinaviska Enskilda Banken AB 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 3.75 3.71 5.28 4.46 4.79

Skandinaviska Enskilda Banken AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.22 4.54 4.79 4.93 5.25

Competitive Comparison of Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Skandinaviska Enskilda Banken AB'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.


Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio falls into.



Skandinaviska Enskilda Banken AB 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.

Skandinaviska Enskilda Banken AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.915/2.65
=5.25

* 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.

Skandinaviska Enskilda Banken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Skandinaviska Enskilda Banken AB's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.867/132.7160*132.7160
=0.867

Current CPI (Jun. 2024) = 132.7160.

Skandinaviska Enskilda Banken AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.560 100.161 0.742
201412 0.535 100.225 0.708
201503 0.567 99.950 0.753
201506 0.538 99.995 0.714
201509 0.490 100.228 0.649
201512 0.553 100.276 0.732
201603 0.502 100.751 0.661
201606 0.519 101.019 0.682
201609 0.518 101.138 0.680
201612 0.549 102.022 0.714
201703 0.538 102.022 0.700
201706 0.536 102.752 0.692
201709 0.536 103.279 0.689
201712 0.547 103.793 0.699
201803 0.487 103.962 0.622
201806 0.532 104.875 0.673
201809 0.504 105.679 0.633
201812 0.525 105.912 0.658
201903 0.521 105.886 0.653
201906 0.528 106.742 0.656
201909 0.514 107.214 0.636
201912 0.606 107.766 0.746
202003 0.426 106.563 0.531
202006 0.613 107.498 0.757
202009 0.554 107.635 0.683
202012 0.590 108.296 0.723
202103 0.615 108.360 0.753
202106 0.631 108.928 0.769
202109 0.630 110.338 0.758
202112 0.632 112.486 0.746
202203 0.646 114.825 0.747
202206 0.629 118.384 0.705
202209 0.713 122.296 0.774
202212 0.799 126.365 0.839
202303 0.799 127.042 0.835
202306 0.812 129.407 0.833
202309 0.843 130.224 0.859
202312 0.860 131.912 0.865
202403 0.843 132.205 0.846
202406 0.867 132.716 0.867

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.


Skandinaviska Enskilda Banken AB  (MIL:1SEBA) 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.


Skandinaviska Enskilda Banken AB Cyclically Adjusted PS Ratio Related Terms

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


Skandinaviska Enskilda Banken AB Business Description

Address
Kungstradgardsgatan 8, Stockholm, SWE, SE-106 40
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and about small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and to a lesser extent private banking services to its clients.

Skandinaviska Enskilda Banken AB Headlines

No Headlines