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Berkshire Hills Bancorp (Berkshire Hills Bancorp) Cyclically Adjusted Revenue per Share : $10.67 (As of Dec. 2023)


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What is Berkshire Hills Bancorp 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.

Berkshire Hills Bancorp's adjusted revenue per share for the three months ended in Dec. 2023 was $1.857. 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 $10.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Berkshire Hills Bancorp's average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% 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 Berkshire Hills Bancorp was 3.40% per year. The lowest was -1.00% per year. And the median was 0.40% per year.

As of today (2024-04-27), Berkshire Hills Bancorp's current stock price is $22.10. Berkshire Hills Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.67. Berkshire Hills Bancorp's Cyclically Adjusted PS Ratio of today is 2.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Berkshire Hills Bancorp was 4.51. The lowest was 0.95. And the median was 2.82.


Berkshire Hills Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Berkshire Hills Bancorp'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.

Berkshire Hills Bancorp Cyclically Adjusted Revenue per Share Chart

Berkshire Hills Bancorp 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 9.67 9.65 10.13 10.56 10.67

Berkshire Hills Bancorp 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 10.71 10.78 10.81 10.67 -

Competitive Comparison of Berkshire Hills Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Berkshire Hills Bancorp'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.


Berkshire Hills Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Berkshire Hills Bancorp's Cyclically Adjusted PS Ratio falls into.



Berkshire Hills Bancorp 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, Berkshire Hills Bancorp'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)
=1.857/129.4194*129.4194
=1.857

Current CPI (Dec. 2023) = 129.4194.

Berkshire Hills Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.911 99.695 2.481
201406 2.372 100.560 3.053
201409 2.397 100.428 3.089
201412 2.443 99.070 3.191
201503 2.326 99.621 3.022
201506 2.439 100.684 3.135
201509 2.317 100.392 2.987
201512 2.311 99.792 2.997
201603 2.389 100.470 3.077
201606 2.340 101.688 2.978
201609 2.478 101.861 3.148
201612 2.326 101.863 2.955
201703 2.867 102.862 3.607
201706 2.731 103.349 3.420
201709 2.504 104.136 3.112
201712 1.323 104.011 1.646
201803 2.233 105.290 2.745
201806 2.379 106.317 2.896
201809 2.344 106.507 2.848
201812 2.347 105.998 2.866
201903 2.317 107.251 2.796
201906 2.222 108.070 2.661
201909 2.295 108.329 2.742
201912 2.235 108.420 2.668
202003 1.834 108.902 2.180
202006 1.890 108.767 2.249
202009 1.928 109.815 2.272
202012 1.944 109.897 2.289
202103 2.003 111.754 2.320
202106 1.925 114.631 2.173
202109 1.910 115.734 2.136
202112 1.855 117.630 2.041
202203 1.867 121.301 1.992
202206 2.119 125.017 2.194
202209 2.406 125.227 2.487
202212 2.648 125.222 2.737
202303 2.592 127.348 2.634
202306 2.523 128.729 2.537
202309 2.487 129.860 2.479
202312 1.857 129.419 1.857

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


Berkshire Hills Bancorp  (NYSE:BHLB) 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.

Berkshire Hills Bancorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.10/10.67
=2.07

* 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 Berkshire Hills Bancorp was 4.51. The lowest was 0.95. And the median was 2.82.


Be Aware

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


Berkshire Hills Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Berkshire Hills Bancorp (Berkshire Hills Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
60 State Street, Boston, MA, USA, 02109
Berkshire Hills Bancorp Inc is a holding company. It offers deposit, lending, investment, wealth management, and insurance services.
Executives
Mary Anne Callahan director 24 NORTH STREET, PITTSFIELD MA 01201
Nitin J. Mhatre director, officer: President and CEO 24 NORTH STREET, PITTSFIELD MA 01201
Karyn Polito director 24 NORTH STREET, PITTSFIELD MA 01201
Jacqueline Courtwright officer: EVP,Chief HR & Culture Officer 24 NORTH STREET, PITTSFIELD MA 01201
Kevin Conn officer: SVP, Investors & Corp. Devel 24 NORTH STREET, PITTSFIELD MA 01201
Eric S Rosengren director 24 NORTH STREET, PITTSFIELD MA 01201
Brett Brbovic officer: Sr Managing Dir and CAO 24 NORTH STREET, PITTSFIELD MA 01201
R David Rosato officer: SEVP - Chief Financial Officer 24 NORTH STREET, PITTSFIELD MA 01201
Ashlee Picard Flores officer: EVP -Chief Compliance Officer 24 NORTH STREET, PITTSFIELD MA 01201
James Cannon Brown officer: SEVP-Head of Comm'l Banking 24 NORTH STREET, PITTSFIELD MA 01201
Philip Jurgeleit officer: EVP - Chief Credit Officer 24 NORTH STREET, PITTSFIELD MA 01201
Wm Gordon Prescott officer: SEVP and General Counsel 24 NORTH STREET, PITTSFIELD MA 01201
Michael Zaitzeff director C/O HOLDCO ASSET MANAGEMENT, LP, 441 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10017
Hughes William H Iii director 24 NORTH STREET, PITTSFIELD MA 01201
Mihir A. Desai director 24 NORTH STREET, PITTSFIELD MA 01201