Midland States Bancorp (FRA:6HU) Cyclically Adjusted Revenue per Share: €13.50 (As of Jun. 2026)

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FRA:6HU Midland States Bancorp Inc FRA:6HU
52 GF Score
Price €29.40
GF Value €16.30
! 6 Warning Signs
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What is Midland States Bancorp Cyclically Adjusted Revenue per Share?

Midland States Bancorp FRA:6HU +2.08% 52 Cyclically Adjusted Revenue per Share is €13.50 as of Jun. 2026. GuruFocus rates FRA:6HU with a GF Score™ of 52/100 and a GF Value™ of €16.30. The stock has 6 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.

Midland States Bancorp's adjusted revenue per share for the three months ended in Jun. 2026 was €3.260. 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 €13.50 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Midland States Bancorp's average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 (2026-08-05), Midland States Bancorp's current stock price is €29.40. Midland States Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €13.50. Midland States Bancorp's Cyclically Adjusted PS Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Midland States Bancorp was 2.20. The lowest was 0.96. And the median was 1.52.


Midland States Bancorp  (FRA:6HU) 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.

Midland States Bancorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.40/13.50
=2.18

* 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 Midland States Bancorp was 2.20. The lowest was 0.96. And the median was 1.52.


Be Aware

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


Midland States Bancorp Cyclically Adjusted Revenue per Share Related Terms


Midland States Bancorp Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Midland States 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.

Midland States Bancorp Cyclically Adjusted Revenue per Share Chart

Midland States Bancorp 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 12.71 12.82 12.59

Midland States Bancorp 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 12.86 12.55 12.59 12.94 13.50

FRA:6HU vs THVB, BCAL, ALPIB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Midland States 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.


Midland States Bancorp Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:6HU
52GF Score
Midland States Bancorp Inc FRA:6HU
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Midland States 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, Midland States Bancorp'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)
=3.26/333.9520*333.9520
=3.260

Current CPI (Jun. 2026) = 333.9520.

Midland States Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.354 241.428 3.256
201612 3.307 241.432 4.574
201703 2.480 243.801 3.397
201706 2.186 244.955 2.980
201709 2.195 246.819 2.970
201712 2.124 246.524 2.877
201803 2.057 249.554 2.753
201806 2.243 251.989 2.973
201809 2.223 252.439 2.941
201812 2.563 251.233 3.407
201903 2.279 254.202 2.994
201906 2.348 256.143 3.061
201909 2.555 256.759 3.323
201912 2.578 256.974 3.350
202003 2.350 258.115 3.040
202006 2.606 257.797 3.376
202009 2.603 260.280 3.340
202012 2.457 260.474 3.150
202103 2.528 264.877 3.187
202106 2.513 271.696 3.089
202109 2.619 274.310 3.188
202112 3.045 278.802 3.647
202203 2.921 287.504 3.393
202206 3.202 296.311 3.609
202209 3.551 296.808 3.995
202212 6.482 296.797 7.293
202303 3.132 301.836 3.465
202306 3.166 305.109 3.465
202309 2.954 307.789 3.205
202312 5.013 306.746 5.458
202403 3.912 312.332 4.183
202406 3.690 314.175 3.922
202409 3.645 315.301 3.861
202412 3.934 315.605 4.163
202503 3.139 319.799 3.278
202506 3.133 322.561 3.244
202509 3.045 324.800 3.131
202512 2.321 324.054 2.392
202603 3.050 330.213 3.085
202606 3.260 333.952 3.260

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 €13.50 mean?
Midland States Bancorp (FRA:6HU) has a Cyclically Adjusted Revenue per Share of €13.50 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 Midland States Bancorp and its competitors.
Is Midland States Bancorp's Cyclically Adjusted Revenue per Share too high?
Midland States Bancorp's current Cyclically Adjusted Revenue per Share is €13.50. Overall, Midland States Bancorp has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Midland States Bancorp's Cyclically Adjusted Revenue per Share compare to THVB and BCAL?
Midland States Bancorp's Cyclically Adjusted Revenue per Share of €13.50 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 Midland States Bancorp and its competitors. Midland States Bancorp's current Cyclically Adjusted Revenue per Share is €13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midland States Bancorp stock overvalued right now?
Midland States Bancorp (FRA:6HU) has a current Cyclically Adjusted Revenue per Share of €13.50. The stock's GF Value™ is €16.30, compared to a current price of €29.40 — trading 80.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €13.50. Midland States Bancorp's overall GF Score™ is 52/100 with 6 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 Midland States Bancorp (FRA:6HU), the current Cyclically Adjusted Revenue per Share is €13.50 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 Midland States Bancorp (FRA:6HU) Overvalued in 2026?

Based on GuruFocus' analysis, Midland States Bancorp stock appears to be overvalued. The current stock price of €29.40 is trading 80.4% above its estimated GF Value™ of €16.30.

Key valuation signals for FRA:6HU:

  • Cyclically Adjusted Revenue per Share: €13.50
  • GF Value™: €16.30 vs. price of €29.40 (80.4% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the FRA:6HU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midland States Bancorp Business Description

Other Exchanges MSBI:USA
Address 1201 Network Centre Drive, Effingham, IL, USA, 62401
Midland States Bancorp Inc is a diversified financial holding company. The company provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. The Banking segment, which generates the majority of the revenue, provides financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage, and other consumer loan products; commercial equipment financing, etc. The Wealth Management segment consists of trust and fiduciary services, brokerage, and retirement planning services. The Corporate segment includes the holding company's financing and investment activities, administrative expenses.
52GF Score

Get the complete analysis for FRA:6HU

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

€29.40
Price
€16.30
GF Value