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EFIN (Eastern Michigan Financial) Cyclically Adjusted Revenue per Share : $15.28 (As of Mar. 2025)


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What is Eastern Michigan Financial 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.

Eastern Michigan Financial's adjusted revenue per share for the three months ended in Mar. 2025 was $4.085. 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 $15.28 for the trailing ten years ended in Mar. 2025.

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.

As of today (2025-05-15), Eastern Michigan Financial's current stock price is $41.00. Eastern Michigan Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $15.28. Eastern Michigan Financial's Cyclically Adjusted PS Ratio of today is 2.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Eastern Michigan Financial was 2.82. The lowest was 2.39. And the median was 2.73.


Eastern Michigan Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Eastern Michigan Financial'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.

Eastern Michigan Financial Cyclically Adjusted Revenue per Share Chart

Eastern Michigan Financial Annual Data
Trend Dec05 Dec06 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 15.05

Eastern Michigan Financial Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 15.05 15.28

Competitive Comparison of Eastern Michigan Financial's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Eastern Michigan Financial'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.


Eastern Michigan Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Eastern Michigan Financial's Cyclically Adjusted PS Ratio falls into.


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Eastern Michigan Financial 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, Eastern Michigan Financial's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.085/134.9266*134.9266
=4.085

Current CPI (Mar. 2025) = 134.9266.

Eastern Michigan Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200303 2.064 77.716 3.583
200306 2.025 77.505 3.525
200309 2.035 78.138 3.514
200312 2.712 77.758 4.706
200403 2.082 79.066 3.553
200406 2.016 80.037 3.399
200409 2.134 80.121 3.594
200412 2.140 80.290 3.596
200503 2.086 81.555 3.451
200506 2.156 82.062 3.545
200509 2.186 83.876 3.517
200512 2.174 83.032 3.533
200603 2.129 84.298 3.408
200606 2.167 85.606 3.415
200609 2.175 85.606 3.428
200612 2.299 85.142 3.643
200703 2.255 86.640 3.512
200706 2.234 87.906 3.429
200709 4.475 87.964 6.864
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201912 0.000 108.420 0.000
202012 3.225 109.897 3.960
202103 3.058 111.754 3.692
202106 3.019 114.631 3.554
202109 3.646 115.734 4.251
202112 3.273 117.630 3.754
202203 2.776 121.301 3.088
202206 2.732 125.017 2.949
202209 3.099 125.227 3.339
202212 3.916 125.222 4.219
202303 3.823 127.348 4.051
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 4.052 129.419 4.224
202403 4.024 131.776 4.120
202406 4.035 132.554 4.107
202409 4.227 133.029 4.287
202412 4.711 133.157 4.774
202503 4.085 134.927 4.085

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


Eastern Michigan Financial  (OTCPK:EFIN) 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.

Eastern Michigan Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=41.00/15.28
=2.68

* 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 Eastern Michigan Financial was 2.82. The lowest was 2.39. And the median was 2.73.


Be Aware

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


Eastern Michigan Financial Cyclically Adjusted Revenue per Share Related Terms

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


Eastern Michigan Financial Business Description

Traded in Other Exchanges
N/A
Address
65 North Howard Avenue, Croswell, MI, USA, 48422
Eastern Michigan Financial Corp is a bank holding company. The Company through its holding provides banking products and services including personal banking, business banking and lending including diversified loans. Personal banking includes debit and credit cards, mobile banking and deposit services where Business banking includes cash management and other business-related services. The portfolio segments include commercial and industrial, agricultural, Other Depository Institutions, real estate related industries, other commercial loans, residential real estate, consumer and other, and home equity.

Eastern Michigan Financial Headlines

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