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SpareBank 1 SMN (FRA:SJI) Cyclically Adjusted Revenue per Share : €3.83 (As of Mar. 2024)


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What is SpareBank 1 SMN 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.

SpareBank 1 SMN's adjusted revenue per share for the three months ended in Mar. 2024 was €1.182. 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 €3.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SpareBank 1 SMN's average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 SpareBank 1 SMN was 9.30% per year. The lowest was 7.00% per year. And the median was 8.10% per year.

As of today (2024-05-25), SpareBank 1 SMN's current stock price is €12.73. SpareBank 1 SMN's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.83. SpareBank 1 SMN's Cyclically Adjusted PS Ratio of today is 3.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SpareBank 1 SMN was 4.13. The lowest was 2.00. And the median was 3.11.


SpareBank 1 SMN Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SpareBank 1 SMN'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.

SpareBank 1 SMN Cyclically Adjusted Revenue per Share Chart

SpareBank 1 SMN 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 3.19 3.19 3.70 3.84 3.87

SpareBank 1 SMN 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 3.60 3.64 3.81 3.87 3.83

Competitive Comparison of SpareBank 1 SMN's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, SpareBank 1 SMN'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.


SpareBank 1 SMN's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SMN's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SMN's Cyclically Adjusted PS Ratio falls into.



SpareBank 1 SMN 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, SpareBank 1 SMN'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)
=1.182/132.6000*132.6000
=1.182

Current CPI (Mar. 2024) = 132.6000.

SpareBank 1 SMN Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.839 97.500 1.141
201409 0.775 98.500 1.043
201412 0.688 98.600 0.925
201503 0.813 99.200 1.087
201506 0.813 100.100 1.077
201509 0.623 100.600 0.821
201512 0.680 100.900 0.894
201603 0.752 102.500 0.973
201606 0.879 103.800 1.123
201609 0.864 104.200 1.099
201612 0.942 104.400 1.196
201703 0.894 105.000 1.129
201706 0.906 105.800 1.135
201709 0.960 105.900 1.202
201712 0.963 106.100 1.204
201803 0.976 107.300 1.206
201806 1.133 108.500 1.385
201809 0.940 109.500 1.138
201812 0.908 109.800 1.097
201903 1.089 110.400 1.308
201906 1.088 110.600 1.304
201909 0.984 111.100 1.174
201912 0.991 111.300 1.181
202003 0.794 111.200 0.947
202006 1.103 112.100 1.305
202009 0.971 112.900 1.140
202012 1.099 112.900 1.291
202103 1.237 114.600 1.431
202106 1.150 115.300 1.323
202109 1.065 117.500 1.202
202112 0.935 118.900 1.043
202203 1.111 119.800 1.230
202206 0.932 122.600 1.008
202209 0.975 125.600 1.029
202212 1.037 125.900 1.092
202303 1.015 127.600 1.055
202306 1.048 130.400 1.066
202309 1.078 129.800 1.101
202312 1.384 131.900 1.391
202403 1.182 132.600 1.182

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


SpareBank 1 SMN  (FRA:SJI) 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.

SpareBank 1 SMN's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.73/3.83
=3.32

* 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 SpareBank 1 SMN was 4.13. The lowest was 2.00. And the median was 3.11.


Be Aware

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


SpareBank 1 SMN Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of SpareBank 1 SMN's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 SMN (FRA:SJI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 SMN (FRA:SJI) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.

SpareBank 1 SMN (FRA:SJI) Headlines

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