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Commerzbank AG (HAM:CBK) Cyclically Adjusted Revenue per Share : €8.91 (As of Jun. 2024)


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What is Commerzbank AG 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.

Commerzbank AG's adjusted revenue per share for the three months ended in Jun. 2024 was €2.837. 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 €8.91 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Commerzbank AG's average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -11.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -22.90% 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 Commerzbank AG was -11.90% per year. The lowest was -31.60% per year. And the median was -25.90% per year.

As of today (2024-09-21), Commerzbank AG's current stock price is €15.33. Commerzbank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €8.91. Commerzbank AG's Cyclically Adjusted PS Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Commerzbank AG was 1.77. The lowest was 0.15. And the median was 0.38.


Commerzbank AG Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Commerzbank AG'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.

Commerzbank AG Cyclically Adjusted Revenue per Share Chart

Commerzbank AG 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 21.79 12.92 9.57 8.85 8.74

Commerzbank AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.86 8.72 8.74 8.83 8.91

Competitive Comparison of Commerzbank AG's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Commerzbank AG'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.


Commerzbank AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Commerzbank AG 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, Commerzbank AG's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.837/125.8815*125.8815
=2.837

Current CPI (Jun. 2024) = 125.8815.

Commerzbank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 2.116 99.823 2.668
201412 2.107 99.543 2.665
201503 2.408 99.717 3.040
201506 1.932 100.417 2.422
201509 1.838 100.417 2.304
201512 1.827 99.717 2.306
201603 1.746 100.017 2.198
201606 1.777 100.717 2.221
201609 1.900 101.017 2.368
201612 1.560 101.217 1.940
201703 1.955 101.417 2.427
201706 1.642 102.117 2.024
201709 2.000 102.717 2.451
201712 1.468 102.617 1.801
201803 1.713 102.917 2.095
201806 1.754 104.017 2.123
201809 1.714 104.718 2.060
201812 1.606 104.217 1.940
201903 1.739 104.217 2.100
201906 1.699 105.718 2.023
201909 1.741 106.018 2.067
201912 1.856 105.818 2.208
202003 1.462 105.718 1.741
202006 1.901 106.618 2.244
202009 1.701 105.818 2.024
202012 1.928 105.518 2.300
202103 2.061 107.518 2.413
202106 1.788 108.486 2.075
202109 1.612 109.435 1.854
202112 2.250 110.384 2.566
202203 2.249 113.968 2.484
202206 2.006 115.760 2.181
202209 0.819 118.818 0.868
202212 2.634 119.345 2.778
202303 2.114 122.402 2.174
202306 2.650 123.140 2.709
202309 1.240 124.195 1.257
202312 3.035 123.773 3.087
202403 2.280 125.038 2.295
202406 2.837 125.882 2.837

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


Commerzbank AG  (HAM:CBK) 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.

Commerzbank AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.33/8.91
=1.72

* 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 Commerzbank AG was 1.77. The lowest was 0.15. And the median was 0.38.


Be Aware

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


Commerzbank AG Cyclically Adjusted Revenue per Share Related Terms

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


Commerzbank AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerzbank AG (HAM:CBK) » Definitions » Cyclically Adjusted Revenue per Share
Address
Kaiserplatz, Frankfurt, HE, DEU, 60261
Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.

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