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OFG Bancorp (FRA:OFP) Cyclically Adjusted Revenue per Share : €9.31 (As of Mar. 2024)


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What is OFG Bancorp 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.

OFG Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was €3.148. 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 €9.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OFG Bancorp's average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% 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 OFG Bancorp was 16.50% per year. The lowest was 1.00% per year. And the median was 7.10% per year.

As of today (2024-06-05), OFG Bancorp's current stock price is €33.20. OFG Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.31. OFG Bancorp's Cyclically Adjusted PS Ratio of today is 3.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of OFG Bancorp was 3.83. The lowest was 0.88. And the median was 2.77.


OFG Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for OFG 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.

* Premium members only.

OFG Bancorp Cyclically Adjusted Revenue per Share Chart

OFG Bancorp 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 5.83 5.57 7.30 8.68 9.07

OFG Bancorp 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 8.46 8.90 9.31 9.07 9.31

Competitive Comparison of OFG Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, OFG 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.


OFG Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



OFG 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, OFG Bancorp'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)
=3.148/131.7762*131.7762
=3.148

Current CPI (Mar. 2024) = 131.7762.

OFG Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.408 100.560 1.845
201409 1.450 100.428 1.903
201412 1.549 99.070 2.060
201503 1.579 99.621 2.089
201506 1.191 100.684 1.559
201509 2.061 100.392 2.705
201512 0.736 99.792 0.972
201603 1.592 100.470 2.088
201606 1.310 101.688 1.698
201609 1.439 101.861 1.862
201612 1.530 101.863 1.979
201703 1.530 102.862 1.960
201706 1.564 103.349 1.994
201709 1.463 104.136 1.851
201712 1.384 104.011 1.753
201803 1.313 105.290 1.643
201806 1.460 106.317 1.810
201809 1.501 106.507 1.857
201812 1.646 105.998 2.046
201903 1.539 107.251 1.891
201906 1.630 108.070 1.988
201909 1.636 108.329 1.990
201912 1.748 108.420 2.125
202003 2.191 108.902 2.651
202006 2.064 108.767 2.501
202009 1.916 109.815 2.299
202012 1.865 109.897 2.236
202103 1.924 111.754 2.269
202106 1.953 114.631 2.245
202109 2.041 115.734 2.324
202112 2.346 117.630 2.628
202203 2.295 121.301 2.493
202206 2.724 125.017 2.871
202209 3.040 125.227 3.199
202212 3.051 125.222 3.211
202303 2.965 127.348 3.068
202306 3.063 128.729 3.136
202309 3.166 129.860 3.213
202312 3.300 129.419 3.360
202403 3.148 131.776 3.148

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


OFG Bancorp  (FRA:OFP) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.20/9.31
=3.57

* 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 OFG Bancorp was 3.83. The lowest was 0.88. And the median was 2.77.


Be Aware

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


OFG Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


OFG Bancorp (FRA:OFP) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OFG Bancorp (FRA:OFP) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
254 Munoz Rivera Avenue, San Juan, PRI, 00918
OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. It provides services in the region of Puerto Rico.

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