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FFBC (First Financial Bancorp) Cyclically Adjusted Revenue per Share : $7.85 (As of Dec. 2024)


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What is First Financial Bancorp 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.

First Financial Bancorp's adjusted revenue per share for the three months ended in Dec. 2024 was $2.348. 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 $7.85 for the trailing ten years ended in Dec. 2024.

During the past 12 months, First Financial Bancorp's average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% 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 First Financial Bancorp was 6.40% per year. The lowest was 0.10% per year. And the median was 2.80% per year.

As of today (2025-05-12), First Financial Bancorp's current stock price is $25.07. First Financial Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $7.85. First Financial Bancorp's Cyclically Adjusted PS Ratio of today is 3.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Financial Bancorp was 5.69. The lowest was 1.88. And the median was 3.60.


First Financial Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First Financial Bancorp'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.

First Financial Bancorp Cyclically Adjusted Revenue per Share Chart

First Financial Bancorp 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 6.15 6.54 6.97 7.41 7.85

First Financial Bancorp 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 7.59 7.71 7.78 7.85 -

Competitive Comparison of First Financial Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, First Financial Bancorp'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.


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

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

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


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First Financial Bancorp 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, First Financial Bancorp's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.348/133.1571*133.1571
=2.348

Current CPI (Dec. 2024) = 133.1571.

First Financial Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.251 99.621 1.672
201506 1.298 100.684 1.717
201509 1.363 100.392 1.808
201512 1.287 99.792 1.717
201603 1.327 100.470 1.759
201606 1.408 101.688 1.844
201609 1.381 101.861 1.805
201612 1.404 101.863 1.835
201703 1.389 102.862 1.798
201706 1.381 103.349 1.779
201709 1.502 104.136 1.921
201712 1.513 104.011 1.937
201803 1.492 105.290 1.887
201806 1.547 106.317 1.938
201809 1.545 106.507 1.932
201812 1.578 105.998 1.982
201903 1.507 107.251 1.871
201906 1.591 108.070 1.960
201909 1.561 108.329 1.919
201912 1.569 108.420 1.927
202003 1.522 108.902 1.861
202006 1.575 108.767 1.928
202009 1.650 109.815 2.001
202012 1.836 109.897 2.225
202103 1.578 111.754 1.880
202106 1.619 114.631 1.881
202109 1.639 115.734 1.886
202112 1.669 117.630 1.889
202203 1.566 121.301 1.719
202206 1.766 125.017 1.881
202209 1.903 125.227 2.024
202212 2.256 125.222 2.399
202303 2.263 127.348 2.366
202306 2.233 128.729 2.310
202309 2.229 129.860 2.286
202312 2.110 129.419 2.171
202403 2.051 131.776 2.072
202406 2.250 132.554 2.260
202409 2.108 133.029 2.110
202412 2.348 133.157 2.348

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


First Financial Bancorp  (NAS:FFBC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.07/7.85
=3.19

* 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 First Financial Bancorp was 5.69. The lowest was 1.88. And the median was 3.60.


Be Aware

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


First Financial Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


First Financial Bancorp Business Description

Industry
Traded in Other Exchanges
N/A
Address
255 East Fifth Street, Suite 900, Cincinnati, OH, USA, 45202
First Financial Bancorp is a mid-sized, regional bank holding company. It engages in the business of commercial banking and other banking and banking-related activities through its subsidiary. The range of banking services provided to individuals and businesses includes commercial lending, real estate lending and consumer financing. Real estate loans are loans secured by a mortgage lien on the real property of the borrower, which may either be residential property or commercial property. In addition, it offers deposit products that include interest-bearing and noninterest-bearing accounts, time deposits and cash management services for commercial customers. A full range of trust and wealth management services is also provided through First Financial's Wealth Management line of business.
Executives
James R Shank officer: Internal Auditor 255 EAST 5TH STREET, SUITE 2900, CINCINNATI OH 45202
Gregory A Harris officer: SVP, WM Sr Operating Officer 255 E. FIFTH STREET, CINCINNATI OH 45202
Richard S Dennen officer: President, Oak Street Funding 255 E FIFTH STREET, CINCINNATI OH 45202
James M Anderson officer: Chief Financial Officer
Thomas Murray Obrien director 255 E FIFTH STREET, CINCINNATI OH 45202
Scott T Crawley officer: Controller & Prin Actg Officer 255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202
Vince Berta director 255 E FIFTH STREET, CINCINNATI OH 45202
Cynthia O Booth director 255 E. FIFTH STREET, CINCINNATI OH 45202
Claude E Davis director, officer: President & CEO 255 E FIFTH STREET, CINCINNATI OH 45202
William G Barron director 255 E FIFTH STREET, CINCINNATI OH 45202
Andre T Porter director 255 E FIFTH STREET, CINCINNATI OH 45202
Dawn C Morris director 255 E. FIFTH STREET, CINCINNATI OH 45202
Gary W Warzala director 255 E FIFTH STREET, CINCINNATI OH 45202
Brown Archie M Jr director, officer: Chief Executive Officer 255 E FIFTH STREET, CINCINNATI OH 45202
First Financial Bancorp /oh/ officer: President, Wealth Management 255 EAST FIFTH STREET, SUITE 800, CINCINNATI OH 45202