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State Bank of India (FRA:SID) Cyclically Adjusted Revenue per Share : €32.67 (As of Mar. 2025)


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What is State Bank of India 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.

State Bank of India's adjusted revenue per share for the three months ended in Mar. 2025 was €12.138. 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 €32.67 for the trailing ten years ended in Mar. 2025.

During the past 12 months, State Bank of India's average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 State Bank of India was 8.30% per year. The lowest was 6.30% per year. And the median was 7.25% per year.

As of today (2025-05-21), State Bank of India's current stock price is €82.00. State Bank of India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €32.67. State Bank of India's Cyclically Adjusted PS Ratio of today is 2.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of State Bank of India was 3.03. The lowest was 0.70. And the median was 1.93.


State Bank of India Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for State Bank of India'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.

State Bank of India Cyclically Adjusted Revenue per Share Chart

State Bank of India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.45 28.71 28.77 30.55 32.67

State Bank of India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 30.55 32.30 32.12 34.01 32.67

Competitive Comparison of State Bank of India's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, State Bank of India'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.


State Bank of India's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where State Bank of India's Cyclically Adjusted PS Ratio falls into.


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State Bank of India 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, State Bank of India's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.138/157.5517*157.5517
=12.138

Current CPI (Mar. 2025) = 157.5517.

State Bank of India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.205 99.841 8.214
201509 5.496 101.753 8.510
201512 5.565 102.901 8.521
201603 6.085 102.518 9.352
201606 5.643 105.961 8.390
201609 6.990 105.961 10.393
201612 6.740 105.196 10.094
201703 6.346 105.196 9.504
201706 5.609 107.109 8.251
201709 5.739 109.021 8.294
201712 5.771 109.404 8.311
201803 6.330 109.786 9.084
201806 5.337 111.317 7.554
201809 5.486 115.142 7.507
201812 6.192 115.142 8.473
201903 6.099 118.202 8.129
201906 6.172 120.880 8.044
201909 7.022 123.175 8.982
201912 7.781 126.235 9.711
202003 7.319 124.705 9.247
202006 6.264 127.000 7.771
202009 7.294 130.118 8.832
202012 7.365 130.889 8.865
202103 8.402 131.771 10.046
202106 6.955 134.084 8.172
202109 8.084 135.847 9.376
202112 8.574 138.161 9.777
202203 7.129 138.822 8.091
202206 7.141 142.347 7.904
202209 9.808 144.661 10.682
202212 9.984 145.763 10.791
202303 8.948 146.865 9.599
202306 9.344 150.280 9.796
202309 10.276 151.492 10.687
202312 10.490 152.924 10.807
202403 11.705 153.035 12.051
202406 10.029 155.789 10.142
202409 10.868 157.882 10.845
202412 11.389 158.323 11.334
202503 12.138 157.552 12.138

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


State Bank of India  (FRA:SID) 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.

State Bank of India's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=82.00/32.67
=2.51

* 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 State Bank of India was 3.03. The lowest was 0.70. And the median was 1.93.


Be Aware

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


State Bank of India Cyclically Adjusted Revenue per Share Related Terms

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


State Bank of India Business Description

Industry
Address
Madam Cama Road, State Bank Bhavan, 14th Floor, Corporate Centre, Nariman Point, Mumbai, MH, IND, 400 021
State Bank of India is a bank in India. The bank's business segments include Treasury; Corporate/Wholesale Banking; Retail Banking and Other Banking businesses. The bank generates maximum revenue from the Retail Banking segment. The Retail Banking Segment comprises retail branches, which primarily include Personal Banking activities including lending activities to corporate customers having banking relations with these branches. This segment also includes the agency business and ATMs. Geographically, it derives a majority of its revenue from India.