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Swedbank AB (FRA:FRYA) Cyclically Adjusted Revenue per Share : €4.24 (As of Mar. 2024)


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What is Swedbank AB 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.

Swedbank AB's adjusted revenue per share for the three months ended in Mar. 2024 was €1.407. 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 €4.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Swedbank AB's average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% 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 Swedbank AB was 9.90% per year. The lowest was 2.60% per year. And the median was 5.85% per year.

As of today (2024-05-31), Swedbank AB's current stock price is €18.67. Swedbank AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.24. Swedbank AB's Cyclically Adjusted PS Ratio of today is 4.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Swedbank AB was 6.34. The lowest was 2.89. And the median was 4.15.


Swedbank AB Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Swedbank AB'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.

Swedbank AB Cyclically Adjusted Revenue per Share Chart

Swedbank AB 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 3.43 3.66 3.80 4.02 4.41

Swedbank AB 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 4.04 4.01 4.10 4.41 4.24

Competitive Comparison of Swedbank AB's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Swedbank 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.


Swedbank AB's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Swedbank AB 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, Swedbank AB'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)
=1.407/132.2054*132.2054
=1.407

Current CPI (Mar. 2024) = 132.2054.

Swedbank AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.997 100.432 1.312
201409 0.973 100.161 1.284
201412 0.832 100.225 1.097
201503 0.908 99.950 1.201
201506 0.880 99.995 1.163
201509 0.863 100.228 1.138
201512 0.900 100.276 1.187
201603 0.865 100.751 1.135
201606 0.938 101.019 1.228
201609 0.917 101.138 1.199
201612 0.892 102.022 1.156
201703 0.983 102.022 1.274
201706 0.935 102.752 1.203
201709 0.953 103.279 1.220
201712 0.850 103.793 1.083
201803 0.924 103.962 1.175
201806 0.992 104.875 1.251
201809 0.919 105.679 1.150
201812 0.855 105.912 1.067
201903 0.954 105.886 1.191
201906 0.938 106.742 1.162
201909 0.919 107.214 1.133
201912 0.988 107.766 1.212
202003 0.830 106.563 1.030
202006 1.014 107.498 1.247
202009 0.971 107.635 1.193
202012 1.018 108.296 1.243
202103 0.998 108.360 1.218
202106 1.038 108.928 1.260
202109 1.034 110.338 1.239
202112 1.011 112.486 1.188
202203 0.926 114.825 1.066
202206 0.929 118.384 1.037
202209 1.107 122.296 1.197
202212 1.273 126.365 1.332
202303 1.363 127.042 1.418
202306 1.363 129.407 1.392
202309 1.365 130.224 1.386
202312 1.500 131.912 1.503
202403 1.407 132.205 1.407

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


Swedbank AB  (FRA:FRYA) 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.

Swedbank AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.67/4.24
=4.40

* 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 Swedbank AB was 6.34. The lowest was 2.89. And the median was 4.15.


Be Aware

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


Swedbank AB Cyclically Adjusted Revenue per Share Related Terms

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


Swedbank AB (FRA:FRYA) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Swedbank AB (FRA:FRYA) » Definitions » Cyclically Adjusted Revenue per Share
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Address
Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

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