EQBK (Equity Bancshares) Cyclically Adjusted Revenue per Share: $12.37 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EQBK Equity Bancshares Inc EQBK
78 GF Score
Price $50.36
GF Value $53.11
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Equity Bancshares Cyclically Adjusted Revenue per Share?

Equity Bancshares EQBK +0.62% 78 Cyclically Adjusted Revenue per Share is $12.37 as of Jun. 2026. GuruFocus rates EQBK with a GF Score™ of 78/100 and a GF Value™ of $53.11 (Fairly Valued). The stock has 4 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.

Equity Bancshares's adjusted revenue per share for the three months ended in Jun. 2026 was $3.869. 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 $12.37 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Equity Bancshares's average Cyclically Adjusted Revenue Growth Rate was 5.30% 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.

As of today (2026-09-14), Equity Bancshares's current stock price is $50.36. Equity Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $12.37. Equity Bancshares's Cyclically Adjusted PS Ratio of today is 4.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Equity Bancshares was 4.37. The lowest was 2.94. And the median was 3.68.


Equity Bancshares  (NYSE:EQBK) 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.

Equity Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=50.36/12.37
=4.07

* 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 Equity Bancshares was 4.37. The lowest was 2.94. And the median was 3.68.


Be Aware

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


Equity Bancshares Cyclically Adjusted Revenue per Share Related Terms


Equity Bancshares Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Equity Bancshares'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.

Equity Bancshares Cyclically Adjusted Revenue per Share Chart

Equity Bancshares 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 0.00 0.00 0.00 11.37 11.73

Equity Bancshares Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.75 11.66 11.73 12.09 12.37

EQBK vs BFST, MCBS, CCNE: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Equity Bancshares'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.


Equity Bancshares Cyclically Adjusted PS Ratio vs Banks Industry

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

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


EQBK
78GF Score
Equity Bancshares Inc EQBK
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equity Bancshares 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, Equity Bancshares's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.869/333.9520*333.9520
=3.869

Current CPI (Jun. 2026) = 333.9520.

Equity Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.699 241.428 2.350
201612 1.804 241.432 2.495
201703 1.891 243.801 2.590
201706 1.980 244.955 2.699
201709 1.917 246.819 2.594
201712 2.010 246.524 2.723
201803 2.108 249.554 2.821
201806 2.233 251.989 2.959
201809 2.308 252.439 3.053
201812 2.398 251.233 3.188
201903 2.233 254.202 2.934
201906 2.330 256.143 3.038
201909 2.383 256.759 3.099
201912 2.453 256.974 3.188
202003 2.356 258.115 3.048
202006 2.477 257.797 3.209
202009 2.529 260.280 3.245
202012 2.809 260.474 3.601
202103 2.570 264.877 3.240
202106 2.890 271.696 3.552
202109 3.145 274.310 3.829
202112 2.659 278.802 3.185
202203 2.825 287.504 3.281
202206 2.940 296.311 3.313
202209 3.121 296.808 3.512
202212 2.918 296.797 3.283
202303 2.970 301.836 3.286
202306 2.910 305.109 3.185
202309 3.170 307.789 3.439
202312 -0.294 306.746 -0.320
202403 3.262 312.332 3.488
202406 3.489 314.175 3.709
202409 3.483 315.301 3.689
202412 3.536 315.605 3.742
202503 3.396 319.799 3.546
202506 3.261 322.561 3.376
202509 0.893 324.800 0.918
202512 3.762 324.054 3.877
202603 3.861 330.213 3.905
202606 3.869 333.952 3.869

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 $12.37 mean?
Equity Bancshares (EQBK) has a Cyclically Adjusted Revenue per Share of $12.37 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Equity Bancshares and its competitors.
Is Equity Bancshares' Cyclically Adjusted Revenue per Share too high?
Equity Bancshares' current Cyclically Adjusted Revenue per Share is $12.37. Overall, Equity Bancshares has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equity Bancshares' Cyclically Adjusted Revenue per Share compare to BFST and MCBS?
Equity Bancshares' Cyclically Adjusted Revenue per Share of $12.37 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 Equity Bancshares and its competitors. Equity Bancshares's current Cyclically Adjusted Revenue per Share is $12.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equity Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Equity Bancshares (EQBK) is currently considered Fairly Valued. The stock's GF Value™ is $53.11, compared to a current price of $50.36 — trading 5.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $12.37. Equity Bancshares' overall GF Score™ is 78/100 with 4 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 Equity Bancshares (EQBK), the current Cyclically Adjusted Revenue per Share is $12.37 as of Jun. 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 Equity Bancshares (EQBK) Overvalued in 2026?

Based on GuruFocus' analysis, Equity Bancshares stock appears to be undervalued. The current stock price of $50.36 is trading 5.2% below its estimated GF Value™ of $53.11. GuruFocus considers Equity Bancshares to be Fairly Valued.

Key valuation signals for EQBK:

  • Cyclically Adjusted Revenue per Share: $12.37
  • GF Value™: $53.11 vs. price of $50.36 (5.2% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Equity Bancshares Business Description

Address 7701 East Kellogg Drive, Suite 300, Wichita, KS, USA, 67207
Equity Bancshares Inc is a bank holding company. It provides a broad range of financial services to businesses and business owners as well as individuals through network of nearly 77 branches located in Arkansas, Kansas, Missouri and Oklahoma. The majority of the Company's revenues come from interest income on financial instruments, including loans, leases, securities and derivatives. The company also earns revenue from Non-interest income which includes Service charges and fees, Debit card income, Investment Referral Income, Trust Income and Insurance Sales Commissions.
78GF Score

Get the complete analysis for EQBK

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

$50.36
Price
$53.11
GF Value