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Truist Financial (FRA:BBK) Cyclically Adjusted Revenue per Share : €16.19 (As of Mar. 2024)


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What is Truist 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.

Truist Financial's adjusted revenue per share for the three months ended in Mar. 2024 was €3.291. 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 €16.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Truist Financial's average Cyclically Adjusted Revenue Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% 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 Truist Financial was 7.90% per year. The lowest was 1.40% per year. And the median was 5.50% per year.

As of today (2024-05-16), Truist Financial's current stock price is €36.11. Truist Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €16.19. Truist Financial's Cyclically Adjusted PS Ratio of today is 2.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Truist Financial was 4.12. The lowest was 1.52. And the median was 2.83.


Truist Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Truist 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.

Truist Financial Cyclically Adjusted Revenue per Share Chart

Truist Financial 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 13.22 12.04 14.40 16.29 16.20

Truist Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.98 16.49 16.63 16.20 16.19

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

For the Banks - Regional subindustry, Truist 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.


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

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

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



Truist 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, Truist Financial's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.291/131.7762*131.7762
=3.291

Current CPI (Mar. 2024) = 131.7762.

Truist Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.414 100.560 3.163
201409 2.535 100.428 3.326
201412 2.709 99.070 3.603
201503 3.016 99.621 3.989
201506 2.937 100.684 3.844
201509 2.889 100.392 3.792
201512 2.985 99.792 3.942
201603 2.960 100.470 3.882
201606 3.037 101.688 3.936
201609 3.022 101.861 3.910
201612 2.980 101.863 3.855
201703 3.159 102.862 4.047
201706 3.101 103.349 3.954
201709 2.928 104.136 3.705
201712 3.046 104.011 3.859
201803 2.884 105.290 3.610
201806 3.136 106.317 3.887
201809 3.207 106.507 3.968
201812 3.332 105.998 4.142
201903 3.313 107.251 4.071
201906 3.476 108.070 4.239
201909 3.515 108.329 4.276
201912 3.485 108.420 4.236
202003 3.741 108.902 4.527
202006 3.845 108.767 4.658
202009 3.483 109.815 4.180
202012 3.411 109.897 4.090
202103 3.366 111.754 3.969
202106 3.475 114.631 3.995
202109 3.533 115.734 4.023
202112 3.694 117.630 4.138
202203 3.604 121.301 3.915
202206 3.996 125.017 4.212
202209 4.418 125.227 4.649
202212 4.384 125.222 4.613
202303 3.687 127.348 3.815
202306 4.085 128.729 4.182
202309 3.964 129.860 4.023
202312 3.918 129.419 3.989
202403 3.291 131.776 3.291

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


Truist Financial  (FRA:BBK) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.11/16.19
=2.23

* 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 Truist Financial was 4.12. The lowest was 1.52. And the median was 2.83.


Be Aware

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


Truist Financial Cyclically Adjusted Revenue per Share Related Terms

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


Truist Financial (FRA:BBK) Business Description

Industry
Address
214 North Tryon Street, Charlotte, NC, USA, 28202
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.

Truist Financial (FRA:BBK) Headlines

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