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First Community Bankshares (First Community Bankshares) Cyclically Adjusted Revenue per Share : $8.20 (As of Dec. 2023)


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What is First Community Bankshares Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

First Community Bankshares's adjusted revenue per share for the three months ended in Dec. 2023 was $2.173. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $8.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, First Community Bankshares's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of First Community Bankshares was 6.90% per year. The lowest was -4.10% per year. And the median was -1.00% per year.

As of today (2024-05-03), First Community Bankshares's current stock price is $35.51. First Community Bankshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.20. First Community Bankshares's Cyclically Adjusted PS Ratio of today is 4.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Community Bankshares was 5.52. The lowest was 1.72. And the median was 3.83.


First Community Bankshares Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First Community Bankshares's Cyclically Adjusted Revenue per Share 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.

First Community Bankshares Cyclically Adjusted Revenue per Share Chart

First Community Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 6.71 7.26 7.81 8.20

First Community Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 7.97 8.09 8.19 8.20 -

Competitive Comparison of First Community Bankshares's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, First Community Bankshares'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.


First Community Bankshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



First Community Bankshares Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, First Community Bankshares'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)
=2.173/129.4194*129.4194
=2.173

Current CPI (Dec. 2023) = 129.4194.

First Community Bankshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.500 99.695 1.947
201406 1.525 100.560 1.963
201409 1.368 100.428 1.763
201412 1.314 99.070 1.717
201503 1.431 99.621 1.859
201506 1.458 100.684 1.874
201509 1.554 100.392 2.003
201512 1.386 99.792 1.797
201603 1.622 100.470 2.089
201606 1.645 101.688 2.094
201609 1.402 101.861 1.781
201612 1.256 101.863 1.596
201703 1.488 102.862 1.872
201706 1.537 103.349 1.925
201709 1.642 104.136 2.041
201712 1.670 104.011 2.078
201803 1.655 105.290 2.034
201806 1.693 106.317 2.061
201809 1.668 106.507 2.027
201812 1.794 105.998 2.190
201903 1.731 107.251 2.089
201906 1.799 108.070 2.154
201909 1.755 108.329 2.097
201912 1.803 108.420 2.152
202003 1.867 108.902 2.219
202006 1.801 108.767 2.143
202009 1.855 109.815 2.186
202012 1.928 109.897 2.270
202103 1.834 111.754 2.124
202106 1.887 114.631 2.130
202109 1.871 115.734 2.092
202112 1.903 117.630 2.094
202203 1.947 121.301 2.077
202206 2.028 125.017 2.099
202209 2.193 125.227 2.266
202212 2.327 125.222 2.405
202303 2.209 127.348 2.245
202306 2.136 128.729 2.147
202309 2.157 129.860 2.150
202312 2.173 129.419 2.173

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


First Community Bankshares  (NAS:FCBC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

First Community Bankshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=35.51/8.2
=4.33

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Community Bankshares was 5.52. The lowest was 1.72. And the median was 3.83.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


First Community Bankshares Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of First Community Bankshares's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


First Community Bankshares (First Community Bankshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 989, Bluefield, VA, USA, 24605-0989
First Community Bankshares Inc is a financial holding company that provides commercial banking products and services. The company is engaged in providing demand deposit accounts, savings, and money market accounts, certificates of deposits; commercial, consumer, and real estate mortgage loans, and lines of credit; various credit card, debit card, and automated teller machine card services; corporate and personal trust services; investment management services and life, health, and property and casualty insurance products. The company's revenue is mainly derived from interest, fees, and commissions.
Executives
David D Brown officer: Chief Financial Officer C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Harriet B Price director C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Richard Scott Johnson director C/O FIRST COMMUNITY BANKSHARES, INC., ONE COMMUNITY PLACE, BLUEFIELD VA 24605-0989
Beth Ann Taylor director C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Derek A Bonnett officer: Chief Risk Officer C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Samuel L Elmore director C/O FIRST COMMUNITY BANCSHARES, INC., P. O. BOX 989, BLUEFIELD VA 24605
Gary R Mills officer: Chief Credit Officer C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
M Adam Sarver director C/O FIRST COMMUNITY BANCSHARES, INC, BLUEFIELD VA 24605
C William Davis director C/O FIRST COMMUNITY BANCSHARES INC, PO BOX 989, BLUEFIELD VA 24605
Sarah W Harmon officer: SVP & General Counsel C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
E Stephen Lilly officer: Chief Operating Officer P O BOX 989, BLUEFIELD VA 24605
Jason R Belcher officer: SVP-Chief Risk Officer C/O FIRST COMMUNITY BANCSHARES, INC, PO BOX 989, BLUEFIELD VA 24605
Martyn A Pell officer: President-First Community Bank C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Robert L Schumacher officer: Chief Financial Officer
Robert L Buzzo officer: Vice President & Secretary