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West Bancorp (West Bancorp) Cyclically Adjusted Revenue per Share : $5.51 (As of Dec. 2023)


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What is West 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.

West Bancorp's adjusted revenue per share for the three months ended in Dec. 2023 was $1.079. 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 $5.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, West Bancorp's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% 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 West Bancorp was 10.50% per year. The lowest was 2.10% per year. And the median was 4.45% per year.

As of today (2024-04-27), West Bancorp's current stock price is $16.71. West Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.51. West Bancorp's Cyclically Adjusted PS Ratio of today is 3.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of West Bancorp was 7.55. The lowest was 2.79. And the median was 5.47.


West Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for West 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.

West Bancorp Cyclically Adjusted Revenue per Share Chart

West 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 3.92 4.18 4.75 5.29 5.51

West Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.29 5.41 5.48 5.53 5.51

Competitive Comparison of West Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, West 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.


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

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

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



West 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, West 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)
=1.079/129.4194*129.4194
=1.079

Current CPI (Dec. 2023) = 129.4194.

West Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.888 99.695 1.153
201406 0.892 100.560 1.148
201409 0.921 100.428 1.187
201412 0.893 99.070 1.167
201503 0.905 99.621 1.176
201506 0.933 100.684 1.199
201509 0.957 100.392 1.234
201512 1.017 99.792 1.319
201603 0.974 100.470 1.255
201606 0.986 101.688 1.255
201609 1.014 101.861 1.288
201612 1.000 101.863 1.271
201703 1.007 102.862 1.267
201706 1.061 103.349 1.329
201709 1.051 104.136 1.306
201712 1.085 104.011 1.350
201803 1.050 105.290 1.291
201806 1.051 106.317 1.279
201809 1.079 106.507 1.311
201812 1.076 105.998 1.314
201903 1.075 107.251 1.297
201906 1.090 108.070 1.305
201909 1.163 108.329 1.389
201912 1.207 108.420 1.441
202003 1.263 108.902 1.501
202006 1.358 108.767 1.616
202009 1.466 109.815 1.728
202012 1.477 109.897 1.739
202103 1.524 111.754 1.765
202106 1.505 114.631 1.699
202109 1.589 115.734 1.777
202112 1.592 117.630 1.752
202203 1.549 121.301 1.653
202206 1.572 125.017 1.627
202209 1.557 125.227 1.609
202212 1.361 125.222 1.407
202303 1.279 127.348 1.300
202306 1.169 128.729 1.175
202309 1.151 129.860 1.147
202312 1.079 129.419 1.079

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


West Bancorp  (NAS:WTBA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.71/5.51
=3.03

* 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 West Bancorp was 7.55. The lowest was 2.79. And the median was 5.47.


Be Aware

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


West Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


West Bancorp (West Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » West Bancorp Inc (NAS:WTBA) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1601 22nd Street, West Des Moines, IA, USA, 50266
West Bancorp Inc is a United States-based company that offers a full range of deposit services, including checking, savings, and money market accounts and time certificates of deposit. West Bank also offers online banking, mobile banking, and treasury management services, which help to meet the banking needs of its customers. Treasury management services offered to business customers include cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services. Also offered are merchant credit card processing and corporate credit cards. The bank operates only in the United States of America region.
Executives
David D Nelson director, officer: CEO & PRESIDENT 1601 22ND STREET, WEST DES MOINES IA 50266
Bradley P Peters officer: Executive Vice President 4808 SYCAMORE COURT, EAGAN MN 55123
Sean Patrick Mcmurray director 13230 ASHLEAF DR, CLIVE IA 50325
George D Milligan director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Rosemary Parson director 3608 129TH STREET, URBANDALE IA 50322
Patrick J Donovan director 445 MINNESOTA ST STE 2000, ST PAUL MN 55101
Douglas R Gulling director, officer: EVP & CFO 9620 HAMMONTREE DRIVE, DES MOINES IA 50322
Lisa J Elming director 6826 NW 88TH CT, JOHNSTON IA 50131
David R Milligan director, officer: CEO & PRESIDENT 10165 LINCOLN AVENUE, DES MOINES IA 50325
Steven T Schuler director 12917 WILDEN CIRCLE, URBANDALE IA 50323
Michael J Gerdin director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Jane M Funk officer: SVP / Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Marie I Roberts officer: SVP, CONTROLLER AND CAC 13050 WALNUT RIDGE CIRCLE, CLIVE IA 50325
Harlee Olafson officer: CHIEF RISK OFFICER 1601 22ND STREET, WEST DES MOINES IA 50266

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