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FBK (FB Financial) Cyclically Adjusted Revenue per Share : $13.38 (As of Mar. 2025)


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What is FB 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.

FB Financial's adjusted revenue per share for the three months ended in Mar. 2025 was $2.792. 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 $13.38 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 (2025-05-08), FB Financial's current stock price is $45.64. FB Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $13.38. FB Financial's Cyclically Adjusted PS Ratio of today is 3.41.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of FB Financial was 4.00. The lowest was 3.03. And the median was 3.56.


FB Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FB 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.

FB Financial Cyclically Adjusted Revenue per Share Chart

FB Financial Annual Data
Trend Dec15 Dec16 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 - - - - 13.26

FB Financial Quarterly Data
Jun20 Sep20 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 - - - 13.26 13.38

Competitive Comparison of FB Financial's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, FB 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.


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

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

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


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FB 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, FB 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)
=2.792/134.9266*134.9266
=2.792

Current CPI (Mar. 2025) = 134.9266.

FB Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.070 0.000
201509 2.017 100.392 2.711
201512 2.060 99.792 2.785
201603 2.376 100.470 3.191
201606 2.885 101.688 3.828
201609 3.905 101.861 5.173
201612 2.459 101.863 3.257
201703 2.492 102.862 3.269
201706 2.567 103.349 3.351
201709 2.714 104.136 3.516
201712 2.615 104.011 3.392
201803 2.600 105.290 3.332
201806 2.789 106.317 3.540
201809 2.780 106.507 3.522
201812 2.507 105.998 3.191
201903 2.617 107.251 3.292
201906 2.868 108.070 3.581
201909 3.069 108.329 3.823
201912 2.952 108.420 3.674
202003 3.118 108.902 3.863
202006 4.209 108.767 5.221
202009 4.081 109.815 5.014
202012 3.465 109.897 4.254
202103 3.113 111.754 3.758
202106 2.831 114.631 3.332
202109 3.072 115.734 3.581
202112 2.987 117.630 3.426
202203 2.715 121.301 3.020
202206 2.868 125.017 3.095
202209 2.849 125.227 3.070
202212 2.734 125.222 2.946
202303 2.716 127.348 2.878
202306 2.678 128.729 2.807
202309 2.326 129.860 2.417
202312 2.486 129.419 2.592
202403 2.274 131.776 2.328
202406 2.737 132.554 2.786
202409 1.913 133.029 1.940
202412 2.841 133.157 2.879
202503 2.792 134.927 2.792

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


FB Financial  (NYSE:FBK) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=45.64/13.38
=3.41

* 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 12 years, the highest Cyclically Adjusted PS Ratio of FB Financial was 4.00. The lowest was 3.03. And the median was 3.56.


Be Aware

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


FB Financial Cyclically Adjusted Revenue per Share Related Terms

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


FB Financial Business Description

Industry
Traded in Other Exchanges
N/A
Address
1221 Broadway, Suite 1300, Nashville, TN, USA, 37203
FB Financial Corp is a bank holding company. The company through its wholly-owned bank subsidiary provides commercial and consumer banking services to clients in select markets in Tennessee, North Alabama, and North Georgia. The company segment includes Banking and Mortgage. It generates revenue from the Banking segment which provides a full range of deposit and lending products and services to corporate, commercial, and consumer customers. The Mortgage segment includes the servicing of residential mortgage loans and the packaging and securitization of loans to governmental agencies.
Executives
Cross James W Iv director FRANKLIN FINANCIAL CORP, 230 PUBLIC SQUARE, FRANKLIN TN 37064
James W. Ayers director, 10 percent owner, officer: Executive Chairman C/O FB FINANCIAL CORPORATION, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Mark Hickman officer: Chief Human Resources Officer 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Carpenter William F Iii director C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Raja J. Jubran director 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Ingram Orrin H Ii director C/O FB FNIANCIAL CORPORATION, 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Jonathan Wade Pennington officer: Chief Accounting Officer C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
James Gregory Bowers officer: Chief Credit Officer C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Wilburn J. Evans officer: President FirstBank Ventures C/O FB FINANCIAL CORPORATION, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Agenia Clark director C/O FB FINANCIAL CORPORATION, 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Charles Wright Pinson director C/O FB FINANCIAL CORPORATION, 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Aimee T Hamilton officer: Chief Risk Officer 2800 POST OAK BOULEVARD, SUITE 100, HOUSTON TX 77056
Keith S Rainwater officer: Principal Accounting Officer C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Timothy L. Johnson officer: Chief Risk Officer C/O FB FINANCIAL CORPORATION, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Beth W Sims officer: General Counsel and Corp. Sec. 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201