FGBI (First Guaranty Bancshares) Cyclically Adjusted Revenue per Share: $9.10 (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.

FGBI First Guaranty Bancshares Inc FGBI
57 GF Score
Price $8.61
GF Value $6.79
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is First Guaranty Bancshares Cyclically Adjusted Revenue per Share?

First Guaranty Bancshares FGBI -0.35% 57 Cyclically Adjusted Revenue per Share is $9.10 as of Jun. 2026. GuruFocus rates FGBI with a GF Score™ of 57/100 and a GF Value™ of $6.79 (Modestly Overvalued). The stock has 3 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.

First Guaranty Bancshares's adjusted revenue per share for the three months ended in Jun. 2026 was $1.448. 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 $9.10 for the trailing ten years ended in Jun. 2026.

During the past 12 months, First Guaranty Bancshares's average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% 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 Guaranty Bancshares was 9.40% per year. The lowest was 3.80% per year. And the median was 7.10% per year.

As of today (2026-09-19), First Guaranty Bancshares's current stock price is $8.61. First Guaranty Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $9.10. First Guaranty Bancshares's Cyclically Adjusted PS Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Guaranty Bancshares was 4.30. The lowest was 0.49. And the median was 2.50.


First Guaranty Bancshares  (NAS:FGBI) 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 Guaranty Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.61/9.097
=0.95

* 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 Guaranty Bancshares was 4.30. The lowest was 0.49. And the median was 2.50.


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 Guaranty Bancshares Cyclically Adjusted Revenue per Share Related Terms


First Guaranty Bancshares Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for First Guaranty 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.

First Guaranty Bancshares Cyclically Adjusted Revenue per Share Chart

First Guaranty 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 7.29 8.04 8.49 8.90 8.98

First Guaranty 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 9.02 9.01 8.94 9.07 9.10

FGBI vs PONT, FMBM, CMRB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, First Guaranty 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.


First Guaranty Bancshares Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FGBI
57GF Score
First Guaranty Bancshares Inc FGBI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Guaranty 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, First Guaranty 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)
=1.448/333.9520*333.9520
=1.448

Current CPI (Jun. 2026) = 333.9520.

First Guaranty Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.450 241.428 2.006
201612 1.345 241.432 1.860
201703 1.447 243.801 1.982
201706 1.448 244.955 1.974
201709 1.488 246.819 2.013
201712 1.520 246.524 2.059
201803 1.439 249.554 1.926
201806 1.506 251.989 1.996
201809 1.472 252.439 1.947
201812 1.429 251.233 1.900
201903 1.491 254.202 1.959
201906 1.628 256.143 2.123
201909 1.679 256.759 2.184
201912 1.762 256.974 2.290
202003 1.899 258.115 2.457
202006 2.069 257.797 2.680
202009 2.108 260.280 2.705
202012 3.112 260.474 3.990
202103 2.046 264.877 2.580
202106 2.337 271.696 2.872
202109 2.417 274.310 2.943
202112 2.567 278.802 3.075
202203 2.506 287.504 2.911
202206 2.675 296.311 3.015
202209 2.742 296.808 3.085
202212 2.408 296.797 2.709
202303 2.331 301.836 2.579
202306 2.166 305.109 2.371
202309 1.995 307.789 2.165
202312 2.046 306.746 2.227
202403 1.924 312.332 2.057
202406 1.870 314.175 1.988
202409 2.153 315.301 2.280
202412 1.977 315.605 2.092
202503 1.961 319.799 2.048
202506 1.888 322.561 1.955
202509 1.593 324.800 1.638
202512 1.402 324.054 1.445
202603 1.426 330.213 1.442
202606 1.448 333.952 1.448

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 $9.10 mean?
First Guaranty Bancshares (FGBI) has a Cyclically Adjusted Revenue per Share of $9.10 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 First Guaranty Bancshares and its competitors.
Is First Guaranty Bancshares' Cyclically Adjusted Revenue per Share too high?
First Guaranty Bancshares' current Cyclically Adjusted Revenue per Share is $9.10. Overall, First Guaranty Bancshares has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Guaranty Bancshares' Cyclically Adjusted Revenue per Share compare to PONT and FMBM?
First Guaranty Bancshares' Cyclically Adjusted Revenue per Share of $9.10 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 First Guaranty Bancshares and its competitors. First Guaranty Bancshares's current Cyclically Adjusted Revenue per Share is $9.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Guaranty Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First Guaranty Bancshares (FGBI) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.79, compared to a current price of $8.61 — trading 26.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $9.10. First Guaranty Bancshares' overall GF Score™ is 57/100 with 3 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 First Guaranty Bancshares (FGBI), the current Cyclically Adjusted Revenue per Share is $9.10 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 First Guaranty Bancshares (FGBI) Overvalued in 2026?

Based on GuruFocus' analysis, First Guaranty Bancshares stock appears to be overvalued. The current stock price of $8.61 is trading 26.8% above its estimated GF Value™ of $6.79. GuruFocus considers First Guaranty Bancshares to be Modestly Overvalued.

Key valuation signals for FGBI:

  • Cyclically Adjusted Revenue per Share: $9.10
  • GF Value™: $6.79 vs. price of $8.61 (26.8% above fair value)
  • GF Score™: 57/100 with 3 warning signs

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


First Guaranty Bancshares Business Description

Other Exchanges FGBIP.PFD:USA
Address 400 East Thomas Street, Hammond, LA, USA, 70401
First Guaranty Bancshares Inc provides personalized commercial banking services to its customers in Louisiana through several banking facilities. The company offers commercial real estate loans, commercial and industrial loans, construction and land development loans, agricultural and farmland loans, and, to a lesser extent, consumer and multifamily loans. The company is engaged in a single line of business as a financial institution, which provides a full range of banking, financial, and trust services to state, county, and local government entities, individuals, and small and commercial businesses.
57GF Score

Get the complete analysis for FGBI

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

$8.61
Price
$6.79
GF Value