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Banco Pine (BSP:PINE4) Cyclically Adjusted Revenue per Share : R$2.00 (As of Dec. 2023)


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What is Banco Pine 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.

Banco Pine's adjusted revenue per share for the three months ended in Dec. 2023 was R$0.771. 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 R$2.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco Pine's average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -8.70% 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 Banco Pine was -7.30% per year. The lowest was -10.20% per year. And the median was -9.30% per year.

As of today (2024-05-15), Banco Pine's current stock price is R$4.51. Banco Pine's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$2.00. Banco Pine's Cyclically Adjusted PS Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banco Pine was 4.02. The lowest was 0.63. And the median was 3.06.


Banco Pine Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Banco Pine'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.

Banco Pine Cyclically Adjusted Revenue per Share Chart

Banco Pine 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 1.47 0.79 0.51 0.41 2.00

Banco Pine 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 0.41 0.45 0.67 2.25 2.00

Competitive Comparison of Banco Pine's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Banco Pine'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.


Banco Pine's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Banco Pine 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, Banco Pine'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)
=0.771/156.2729*156.2729
=0.771

Current CPI (Dec. 2023) = 156.2729.

Banco Pine Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.801 90.447 1.384
201406 0.783 91.838 1.332
201409 0.734 92.602 1.239
201412 0.654 94.194 1.085
201503 0.461 97.799 0.737
201506 0.677 100.006 1.058
201509 0.175 101.392 0.270
201512 0.566 104.247 0.848
201603 0.549 106.979 0.802
201606 0.442 108.851 0.635
201609 0.329 109.986 0.467
201612 0.234 110.802 0.330
201703 0.467 111.869 0.652
201706 0.364 112.115 0.507
201709 -0.029 112.777 -0.040
201712 0.392 114.068 0.537
201803 0.219 114.868 0.298
201806 0.043 117.038 0.057
201809 0.056 117.881 0.074
201812 0.245 118.340 0.324
201903 0.046 120.124 0.060
201906 0.265 120.977 0.342
201909 0.218 121.292 0.281
201912 0.290 123.436 0.367
202003 0.111 124.092 0.140
202006 0.409 123.557 0.517
202009 0.233 125.095 0.291
202012 0.274 129.012 0.332
202103 0.283 131.660 0.336
202106 0.468 133.871 0.546
202109 0.473 137.913 0.536
202112 0.461 141.992 0.507
202203 0.341 146.537 0.364
202206 0.445 149.784 0.464
202209 0.693 147.800 0.733
202212 0.489 150.207 0.509
202303 0.902 153.352 0.919
202306 1.139 154.519 1.152
202309 2.151 155.464 2.162
202312 0.771 156.273 0.771

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


Banco Pine  (BSP:PINE4) 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.

Banco Pine's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.51/2
=2.26

* 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 Banco Pine was 4.02. The lowest was 0.63. And the median was 3.06.


Be Aware

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


Banco Pine Cyclically Adjusted Revenue per Share Related Terms

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


Banco Pine (BSP:PINE4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Pine SA (BSP:PINE4) » Definitions » Cyclically Adjusted Revenue per Share
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Address
Avenida Presidente Juscelino Kubitschek, n° 1.830 - 4th Floor, Itaim Bibi, Pinheiros, SP, BRA, 4543900
Banco Pine SA is a banking company. It operates commercial, credit and financing and foreign exchange portfolios. The company's operations are conducted in the context of a group of institutions which act jointly, and certain transactions involve the co-participation or intermediation of member companies of the Pine financial conglomerate. The benefits from the intercompany services and the costs for the operating and administrative structures are absorbed, either jointly or individually, by these companies as is practicable and reasonable in the circumstances.

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