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Bank of the Philippine Islands (Bank of the Philippine Islands) Cyclically Adjusted Revenue per Share : $7.63 (As of Dec. 2023)


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What is Bank of the Philippine Islands 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.

Bank of the Philippine Islands's adjusted revenue per share for the three months ended in Dec. 2023 was $2.653. 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 $7.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bank of the Philippine Islands'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 10.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% 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 Bank of the Philippine Islands was 10.70% per year. The lowest was 5.50% per year. And the median was 9.00% per year.

As of today (2024-05-05), Bank of the Philippine Islands's current stock price is $44.00. Bank of the Philippine Islands's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.63. Bank of the Philippine Islands's Cyclically Adjusted PS Ratio of today is 5.77.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank of the Philippine Islands was 8.08. The lowest was 3.36. And the median was 4.99.


Bank of the Philippine Islands Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bank of the Philippine Islands'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.

Bank of the Philippine Islands Cyclically Adjusted Revenue per Share Chart

Bank of the Philippine Islands 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 6.96 7.13 7.49 6.81 7.63

Bank of the Philippine Islands 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 6.81 7.43 7.34 7.31 7.63

Competitive Comparison of Bank of the Philippine Islands's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Bank of the Philippine Islands'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.


Bank of the Philippine Islands's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of the Philippine Islands's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bank of the Philippine Islands's Cyclically Adjusted PS Ratio falls into.



Bank of the Philippine Islands 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, Bank of the Philippine Islands'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)
=2.653/129.4194*129.4194
=2.653

Current CPI (Dec. 2023) = 129.4194.

Bank of the Philippine Islands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.012 99.695 1.314
201406 1.111 100.560 1.430
201409 1.179 100.428 1.519
201412 1.255 99.070 1.639
201503 1.184 99.621 1.538
201506 1.188 100.684 1.527
201509 1.222 100.392 1.575
201512 1.241 99.792 1.609
201603 1.237 100.470 1.593
201606 1.625 101.688 2.068
201609 1.230 101.861 1.563
201612 1.196 101.863 1.520
201703 1.455 102.862 1.831
201706 1.407 103.349 1.762
201709 1.435 104.136 1.783
201712 1.342 104.011 1.670
201803 1.505 105.290 1.850
201806 1.341 106.317 1.632
201809 1.405 106.507 1.707
201812 1.410 105.998 1.722
201903 1.626 107.251 1.962
201906 1.650 108.070 1.976
201909 1.791 108.329 2.140
201912 1.517 108.420 1.811
202003 1.764 108.902 2.096
202006 1.917 108.767 2.281
202009 1.755 109.815 2.068
202012 1.832 109.897 2.157
202103 1.732 111.754 2.006
202106 1.697 114.631 1.916
202109 1.675 115.734 1.873
202112 1.838 117.630 2.022
202203 1.969 121.301 2.101
202206 2.301 125.017 2.382
202209 2.125 125.227 2.196
202212 2.214 125.222 2.288
202303 2.453 127.348 2.493
202306 2.401 128.729 2.414
202309 2.501 129.860 2.493
202312 2.653 129.419 2.653

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


Bank of the Philippine Islands  (OTCPK:BPHLY) 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.

Bank of the Philippine Islands's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.00/7.63
=5.77

* 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 Bank of the Philippine Islands was 8.08. The lowest was 3.36. And the median was 4.99.


Be Aware

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


Bank of the Philippine Islands Cyclically Adjusted Revenue per Share Related Terms

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


Bank of the Philippine Islands (Bank of the Philippine Islands) Business Description

Traded in Other Exchanges
Address
Ayala Avenue Corner Salcedo Street, Ayala North Exchange Tower 1, Legaspi Village, Metro Manila, Makati City, PHL, 1229
Bank of the Philippine Islands is a universal bank offering a range of financial products and solutions for both retail and corporate customers. BPI's services include consumer banking and lending, asset management, insurance, securities brokerage and distribution, foreign exchange, leasing, and corporate and investment banking. The bank has a wide network and operates almost entirely in the Philippines with some exposure to Hong Kong and Europe. The bank's primary shareholder for decades has been the Ayala Corporation, a large Filipino conglomerate that holds about half of the bank's outstanding shares. It has also long been associated with the Catholic Church and its charities and endowments. Large corporate customers constitute the majority of the bank's loan portfolio.

Bank of the Philippine Islands (Bank of the Philippine Islands) Headlines