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Canadian Imperial Bank of Commerce (FRA:CAI) Cyclically Adjusted Revenue per Share : €16.47 (As of Apr. 2024)


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What is Canadian Imperial Bank of Commerce 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.

Canadian Imperial Bank of Commerce's adjusted revenue per share for the three months ended in Apr. 2024 was €4.452. 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 €16.47 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Canadian Imperial Bank of Commerce's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 Canadian Imperial Bank of Commerce was 7.30% per year. The lowest was -1.10% per year. And the median was 0.30% per year.

As of today (2024-06-14), Canadian Imperial Bank of Commerce's current stock price is €44.79. Canadian Imperial Bank of Commerce's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €16.47. Canadian Imperial Bank of Commerce's Cyclically Adjusted PS Ratio of today is 2.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canadian Imperial Bank of Commerce was 4.03. The lowest was 1.94. And the median was 3.01.


Canadian Imperial Bank of Commerce Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Canadian Imperial Bank of Commerce'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.

Canadian Imperial Bank of Commerce Cyclically Adjusted Revenue per Share Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.78 12.15 14.16 16.18 15.85

Canadian Imperial Bank of Commerce Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 15.30 16.09 15.85 16.41 16.47

Competitive Comparison of Canadian Imperial Bank of Commerce's Cyclically Adjusted Revenue per Share

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce'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.


Canadian Imperial Bank of Commerce's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Cyclically Adjusted PS Ratio falls into.



Canadian Imperial Bank of Commerce 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, Canadian Imperial Bank of Commerce's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=4.452/126.2576*126.2576
=4.452

Current CPI (Apr. 2024) = 126.2576.

Canadian Imperial Bank of Commerce Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 2.771 99.315 3.523
201410 2.810 99.473 3.567
201501 3.049 98.209 3.920
201504 3.144 99.710 3.981
201507 3.088 100.579 3.876
201510 2.949 100.500 3.705
201601 2.902 100.184 3.657
201604 3.089 101.370 3.847
201607 3.230 101.844 4.004
201610 3.156 102.002 3.906
201701 3.479 102.318 4.293
201704 3.182 103.029 3.899
201707 3.341 103.029 4.094
201710 3.265 103.424 3.986
201801 3.286 104.056 3.987
201804 3.120 105.320 3.740
201807 3.298 106.110 3.924
201810 3.376 105.952 4.023
201901 3.358 105.557 4.017
201904 3.371 107.453 3.961
201907 3.582 108.243 4.178
201910 3.641 107.927 4.259
202001 3.732 108.085 4.359
202004 3.350 107.216 3.945
202007 3.385 108.401 3.943
202010 3.301 108.638 3.836
202101 3.563 109.192 4.120
202104 3.660 110.851 4.169
202107 3.774 112.431 4.238
202110 3.875 113.695 4.303
202201 4.245 114.801 4.669
202204 4.337 118.357 4.627
202207 4.653 120.964 4.857
202210 4.398 121.517 4.570
202301 4.519 121.596 4.692
202304 4.196 123.571 4.287
202307 4.353 124.914 4.400
202310 4.368 125.310 4.401
202401 4.552 125.072 4.595
202404 4.452 126.258 4.452

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


Canadian Imperial Bank of Commerce  (FRA:CAI) 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.

Canadian Imperial Bank of Commerce's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.79/16.47
=2.72

* 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 Canadian Imperial Bank of Commerce was 4.03. The lowest was 1.94. And the median was 3.01.


Be Aware

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


Canadian Imperial Bank of Commerce Cyclically Adjusted Revenue per Share Related Terms

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


Canadian Imperial Bank of Commerce (FRA:CAI) Business Description

Address
81 Bay Street, CIBC Square, Toronto, ON, CAN, M5J 0E7
Canadian Imperial Bank of Commerce is Canada's fifth-largest bank and operates three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.

Canadian Imperial Bank of Commerce (FRA:CAI) Headlines

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