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First Busey (FRA:FBYN) Cyclically Adjusted Revenue per Share : €7.64 (As of Mar. 2024)


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What is First Busey 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 Busey's adjusted revenue per share for the three months ended in Mar. 2024 was €1.807. 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 €7.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First Busey's average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.60% 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 Busey was 6.10% per year. The lowest was -9.50% per year. And the median was -4.00% per year.

As of today (2024-06-05), First Busey's current stock price is €20.20. First Busey's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.64. First Busey's Cyclically Adjusted PS Ratio of today is 2.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Busey was 3.98. The lowest was 1.04. And the median was 2.94.


First Busey Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First Busey'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 Busey Cyclically Adjusted Revenue per Share Chart

First Busey 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 - 5.44 6.51 7.46 7.53

First Busey 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 7.22 7.47 7.67 7.53 7.64

Competitive Comparison of First Busey's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, First Busey'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 Busey's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



First Busey 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 Busey'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)
=1.807/131.7762*131.7762
=1.807

Current CPI (Mar. 2024) = 131.7762.

First Busey Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.013 100.560 1.327
201409 1.069 100.428 1.403
201412 1.137 99.070 1.512
201503 1.351 99.621 1.787
201506 1.342 100.684 1.756
201509 1.348 100.392 1.769
201512 1.457 99.792 1.924
201603 1.390 100.470 1.823
201606 1.426 101.688 1.848
201609 1.495 101.861 1.934
201612 1.559 101.863 2.017
201703 1.496 102.862 1.917
201706 1.434 103.349 1.828
201709 1.569 104.136 1.985
201712 2.078 104.011 2.633
201803 1.356 105.290 1.697
201806 1.446 106.317 1.792
201809 1.438 106.507 1.779
201812 1.489 105.998 1.851
201903 1.558 107.251 1.914
201906 1.603 108.070 1.955
201909 1.704 108.329 2.073
201912 1.684 108.420 2.047
202003 1.598 108.902 1.934
202006 1.603 108.767 1.942
202009 1.583 109.815 1.900
202012 1.548 109.897 1.856
202103 1.470 111.754 1.733
202106 1.453 114.631 1.670
202109 1.556 115.734 1.772
202112 1.656 117.630 1.855
202203 1.710 121.301 1.858
202206 1.803 125.017 1.900
202209 2.103 125.227 2.213
202212 2.020 125.222 2.126
202303 1.957 127.348 2.025
202306 1.752 128.729 1.793
202309 1.810 129.860 1.837
202312 1.769 129.419 1.801
202403 1.807 131.776 1.807

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


First Busey  (FRA:FBYN) 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 Busey's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.20/7.64
=2.64

* 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 Busey was 3.98. The lowest was 1.04. And the median was 2.94.


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 Busey Cyclically Adjusted Revenue per Share Related Terms

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


First Busey (FRA:FBYN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Busey Corp (FRA:FBYN) » Definitions » Cyclically Adjusted Revenue per Share
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Address
100 W. University Avenue, Champaign, IL, USA, 61820
First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.

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