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First Financial Holding Co (First Financial Holding Co) Cyclically Adjusted Revenue per Share : $1.80 (As of Dec. 2023)


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What is First Financial Holding Co 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 Holding Co's adjusted revenue per share for the three months ended in Dec. 2023 was $0.725. 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 $1.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, First Financial Holding Co's average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Holding Co was 8.60% per year. The lowest was 7.00% per year. And the median was 8.20% per year.

As of today (2024-05-21), First Financial Holding Co's current stock price is $10.31577. First Financial Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.80. First Financial Holding Co's Cyclically Adjusted PS Ratio of today is 5.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Financial Holding Co was 6.53. The lowest was 4.77. And the median was 5.63.


First Financial Holding Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First Financial Holding Co'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 Holding Co Cyclically Adjusted Revenue per Share Chart

First Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.92 1.84 1.82 1.80

First Financial Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.82 1.86 1.82 1.86 1.80

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

For the Banks - Regional subindustry, First Financial Holding Co'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 Holding Co's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



First Financial Holding Co 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 Holding Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.725/129.4194*129.4194
=0.725

Current CPI (Dec. 2023) = 129.4194.

First Financial Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.560 99.695 0.727
201406 0.552 100.560 0.710
201409 0.607 100.428 0.782
201412 0.138 99.070 0.180
201503 0.503 99.621 0.653
201506 0.553 100.684 0.711
201509 0.558 100.392 0.719
201512 0.477 99.792 0.619
201603 0.511 100.470 0.658
201606 0.475 101.688 0.605
201609 0.544 101.861 0.691
201612 0.516 101.863 0.656
201703 0.577 102.862 0.726
201706 0.598 103.349 0.749
201709 0.630 104.136 0.783
201712 0.648 104.011 0.806
201803 0.758 105.290 0.932
201806 0.788 106.317 0.959
201809 0.721 106.507 0.876
201812 0.652 105.998 0.796
201903 0.741 107.251 0.894
201906 0.708 108.070 0.848
201909 0.762 108.329 0.910
201912 0.739 108.420 0.882
202003 0.663 108.902 0.788
202006 0.703 108.767 0.836
202009 0.780 109.815 0.919
202012 0.847 109.897 0.997
202103 0.820 111.754 0.950
202106 0.773 114.631 0.873
202109 0.835 115.734 0.934
202112 0.840 117.630 0.924
202203 0.793 121.301 0.846
202206 0.799 125.017 0.827
202209 0.924 125.227 0.955
202212 0.742 125.222 0.767
202303 0.834 127.348 0.848
202306 0.791 128.729 0.795
202309 0.756 129.860 0.753
202312 0.725 129.419 0.725

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


First Financial Holding Co  (GREY:FFHMY) 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 Holding Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.31577/1.8
=5.73

* 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 Holding Co was 6.53. The lowest was 4.77. And the median was 5.63.


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 Holding Co Cyclically Adjusted Revenue per Share Related Terms

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


First Financial Holding Co (First Financial Holding Co) Business Description

Traded in Other Exchanges
Address
No. 30, Chongqing South Road, 18th Floor, Section 1, Taipei, TWN, 100
First Financial Holding Co Ltd is a financial services holding company that consists of various subsidiaries. Most of the company's activities are overwhelmingly concentrated in Taiwan. Its largest revenue-contributing subsidiary, First Bank, derives most of its net revenue from net interest income. First Bank's expansion strategy targets China and Southeast Asia, as well as developed economies across the globe. First Bank emphasizes distribution chain financing and has adjusted its loan portfolio away from capital-intensive lending, together with a focus on fee-based businesses. The company also engages in asset management, securities trading, brokerage services, insurance, venture capital, consulting, and distressed asset investing.

First Financial Holding Co (First Financial Holding Co) Headlines

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