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Skjern Bank A/S (OCSE:SKJE) Cyclically Adjusted Revenue per Share : kr44.76 (As of Mar. 2024)


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What is Skjern Bank A/S 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.

Skjern Bank A/S's adjusted revenue per share for the three months ended in Mar. 2024 was kr18.666. 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 kr44.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Skjern Bank A/S's average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% 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 Skjern Bank A/S was -0.50% per year. The lowest was -7.80% per year. And the median was -4.15% per year.

As of today (2024-05-24), Skjern Bank A/S's current stock price is kr207.00. Skjern Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr44.76. Skjern Bank A/S's Cyclically Adjusted PS Ratio of today is 4.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Skjern Bank A/S was 4.80. The lowest was 0.97. And the median was 2.40.


Skjern Bank A/S Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Skjern Bank A/S'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.

Skjern Bank A/S Cyclically Adjusted Revenue per Share Chart

Skjern Bank A/S 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 50.02 43.78 39.71 39.21 43.10

Skjern Bank A/S 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 40.55 41.09 42.30 43.10 44.76

Competitive Comparison of Skjern Bank A/S's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Skjern Bank A/S'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.


Skjern Bank A/S's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Skjern Bank A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Skjern Bank A/S's Cyclically Adjusted PS Ratio falls into.



Skjern Bank A/S 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, Skjern Bank A/S'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)
=18.666/118.4000*118.4000
=18.666

Current CPI (Mar. 2024) = 118.4000.

Skjern Bank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.919 99.700 9.404
201409 6.255 99.700 7.428
201412 5.736 99.400 6.832
201503 7.048 100.200 8.328
201506 7.709 100.300 9.100
201509 5.688 100.200 6.721
201512 7.397 99.800 8.776
201603 6.205 100.200 7.332
201606 8.651 100.600 10.182
201609 6.999 100.200 8.270
201612 8.323 100.300 9.825
201703 8.799 101.200 10.294
201706 9.495 101.200 11.109
201709 7.916 101.800 9.207
201712 7.924 101.300 9.262
201803 15.162 101.700 17.652
201806 8.189 102.300 9.478
201809 8.176 102.400 9.454
201812 7.842 102.100 9.094
201903 9.751 102.900 11.220
201906 9.120 102.900 10.494
201909 11.049 102.900 12.713
201912 9.164 102.900 10.544
202003 8.359 103.300 9.581
202006 10.280 103.200 11.794
202009 9.963 103.500 11.397
202012 10.203 103.400 11.683
202103 10.393 104.300 11.798
202106 10.541 105.000 11.886
202109 10.048 105.800 11.245
202112 11.038 106.600 12.260
202203 10.261 109.900 11.055
202206 9.639 113.600 10.046
202209 10.611 116.400 10.793
202212 14.721 115.900 15.039
202303 15.767 117.300 15.915
202306 15.633 116.400 15.902
202309 16.212 117.400 16.350
202312 19.153 116.700 19.432
202403 18.666 118.400 18.666

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


Skjern Bank A/S  (OCSE:SKJE) 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.

Skjern Bank A/S's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=207.00/44.76
=4.62

* 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 Skjern Bank A/S was 4.80. The lowest was 0.97. And the median was 2.40.


Be Aware

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


Skjern Bank A/S Cyclically Adjusted Revenue per Share Related Terms

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


Skjern Bank A/S (OCSE:SKJE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skjern Bank A/S (OCSE:SKJE) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Banktorvet 3, Skjern, DNK, 6900
Skjern Bank A/S provides various financial services to private customers, corporate and institutional customers, and public companies in Denmark. It offers its customers a full product range combined with professional consultancy services that include credit cards, savings accounts, financing, loans, pension funds, personal and travel insurance, real estate consulting, leasing and investment services, as well as related advisory services, among others.

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