CNBZ (CNB MI) Cyclically Adjusted Revenue per Share: $14.42 (As of Mar. 2026)

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CNBZ CNB Corp MI CNBZ
58 GF Score
Price $28.00
GF Value $22.71
Valuation Modestly Overvalued
! 5 Warning Signs
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What is CNB MI Cyclically Adjusted Revenue per Share?

CNB MI CNBZ +3.70% 58 Cyclically Adjusted Revenue per Share is $14.42 as of Mar. 2026. GuruFocus rates CNBZ with a GF Score™ of 58/100 and a GF Value™ of $22.71 (Modestly Overvalued). The stock has 5 warning signs investors should review.

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.

CNB MI's adjusted revenue per share for the three months ended in Mar. 2026 was $4.066. 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 $14.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CNB MI's average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% 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 CNB MI was 7.20% per year. The lowest was -1.50% per year. And the median was 4.20% per year.

As of today (2026-07-16), CNB MI's current stock price is $28.00. CNB MI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $14.42. CNB MI's Cyclically Adjusted PS Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CNB MI was 2.55. The lowest was 1.18. And the median was 1.88.


CNB MI  (OTCPK:CNBZ) 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.

CNB MI's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.00/14.42
=1.94

* 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 CNB MI was 2.55. The lowest was 1.18. And the median was 1.88.


Be Aware

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


CNB MI Cyclically Adjusted Revenue per Share Related Terms


CNB MI Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CNB MI'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.

CNB MI Cyclically Adjusted Revenue per Share Chart

CNB MI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.97 11.93 12.53 13.19 14.04

CNB MI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.48 13.70 13.92 14.04 14.42

CNBZ vs ELMA, VWFB, PFSB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, CNB MI'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.


CNB MI Cyclically Adjusted PS Ratio vs Banks Industry

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

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


CNBZ
58GF Score
CNB Corp MI CNBZ
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CNB MI 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, CNB MI's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.066/330.2130*330.2130
=4.066

Current CPI (Mar. 2026) = 330.2130.

CNB MI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.162 241.018 2.962
201609 2.359 241.428 3.227
201612 2.170 241.432 2.968
201703 2.024 243.801 2.741
201706 2.259 244.955 3.045
201709 2.255 246.819 3.017
201712 2.315 246.524 3.101
201803 2.222 249.554 2.940
201806 2.398 251.989 3.142
201809 2.454 252.439 3.210
201812 2.590 251.233 3.404
201903 2.594 254.202 3.370
201906 2.594 256.143 3.344
201909 2.826 256.759 3.634
201912 2.795 256.974 3.592
202003 2.729 258.115 3.491
202006 3.328 257.797 4.263
202009 3.288 260.280 4.171
202012 3.477 260.474 4.408
202103 3.046 264.877 3.797
202106 2.949 271.696 3.584
202109 3.525 274.310 4.243
202112 3.180 278.802 3.766
202203 3.129 287.504 3.594
202206 3.104 296.311 3.459
202209 3.456 296.808 3.845
202212 3.647 296.797 4.058
202303 3.344 301.836 3.658
202306 3.292 305.109 3.563
202309 3.511 307.789 3.767
202312 3.286 306.746 3.537
202403 3.279 312.332 3.467
202406 3.433 314.175 3.608
202409 3.766 315.301 3.944
202412 3.828 315.605 4.005
202503 3.696 319.799 3.816
202506 3.728 322.561 3.816
202509 4.148 324.800 4.217
202512 4.266 324.054 4.347
202603 4.066 330.213 4.066

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

What does a Cyclically Adjusted Revenue per Share of $14.42 mean?
CNB MI (CNBZ) has a Cyclically Adjusted Revenue per Share of $14.42 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CNB MI and its competitors.
Is CNB MI's Cyclically Adjusted Revenue per Share too high?
CNB MI's current Cyclically Adjusted Revenue per Share is $14.42. Overall, CNB MI has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNB MI's Cyclically Adjusted Revenue per Share compare to ELMA and VWFB?
CNB MI's Cyclically Adjusted Revenue per Share of $14.42 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CNB MI and its competitors. CNB MI's current Cyclically Adjusted Revenue per Share is $14.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNB MI stock overvalued right now?
Based on GuruFocus' analysis, CNB MI (CNBZ) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.71, compared to a current price of $28.00 — trading 23.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $14.42. CNB MI's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For CNB MI (CNBZ), the current Cyclically Adjusted Revenue per Share is $14.42 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CNB MI (CNBZ) Overvalued in 2026?

Based on GuruFocus' analysis, CNB MI stock appears to be overvalued. The current stock price of $28.00 is trading 23.3% above its estimated GF Value™ of $22.71. GuruFocus considers CNB MI to be Modestly Overvalued.

Key valuation signals for CNBZ:

  • Cyclically Adjusted Revenue per Share: $14.42
  • GF Value™: $22.71 vs. price of $28.00 (23.3% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the CNBZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CNB MI Business Description

Address 303 North Main Street, Cheboygan, MI, USA, 49721
CNB Corp MI is a one-bank holding company. Through its banking subsidiary, it provides a full range of banking services to individuals, agricultural businesses, commercial businesses, and light industries located in its service area. The Group offers a variety of deposit accounts, including checking, savings, money market, individual retirement accounts, and certificates of deposit, and maintains a diversified loan portfolio, including loans to individuals for home mortgages, personal expenditures, and loans to business enterprises for current operations and expansion. Additionally, it offers ATM services, business credit and debit cards, cash management, and wealth management solutions. The Group serves the Michigan communities and the area immediately surrounding these communities.
58GF Score

Get the complete analysis for CNBZ

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.00
Price
$22.71
GF Value