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Erste Group Bank AG. (LTS:0MJK) Cyclically Adjusted Revenue per Share : €20.93 (As of Mar. 2024)


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What is Erste Group Bank 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.

Erste Group Bank AG.'s adjusted revenue per share for the three months ended in Mar. 2024 was €6.624. 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 €20.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Erste Group Bank AG.'s average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% 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 Erste Group Bank AG. was 5.40% per year. The lowest was -1.10% per year. And the median was 0.75% per year.

As of today (2024-05-15), Erste Group Bank AG.'s current stock price is €45.815. Erste Group Bank AG.'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €20.93. Erste Group Bank AG.'s Cyclically Adjusted PS Ratio of today is 2.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Erste Group Bank AG. was 2.43. The lowest was 0.86. And the median was 1.75.


Erste Group Bank AG. Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Erste Group Bank 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.

Erste Group Bank AG. Cyclically Adjusted Revenue per Share Chart

Erste Group Bank 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 18.26 18.07 17.87 19.45 20.86

Erste Group Bank AG. 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 19.99 20.25 20.84 20.86 20.93

Competitive Comparison of Erste Group Bank AG.'s Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Erste Group Bank 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.


Erste Group Bank AG.'s Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Erste Group Bank 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, Erste Group Bank AG.'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)
=6.624/132.0288*132.0288
=6.624

Current CPI (Mar. 2024) = 132.0288.

Erste Group Bank AG. Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.107 99.496 4.123
201409 1.990 99.586 2.638
201412 4.000 99.676 5.298
201503 3.965 99.992 5.235
201506 3.754 100.492 4.932
201509 3.817 100.292 5.025
201512 3.881 100.692 5.089
201603 3.806 100.692 4.991
201606 4.541 101.092 5.931
201609 3.919 101.192 5.113
201612 4.212 102.092 5.447
201703 3.841 102.592 4.943
201706 4.023 102.991 5.157
201709 4.154 103.591 5.294
201712 4.208 104.291 5.327
201803 3.888 104.491 4.913
201806 4.195 105.091 5.270
201809 4.017 105.691 5.018
201812 4.245 106.291 5.273
201903 4.172 106.391 5.177
201906 3.808 106.791 4.708
201909 4.226 106.991 5.215
201912 4.348 108.091 5.311
202003 3.974 108.024 4.857
202006 4.423 107.915 5.411
202009 4.466 108.348 5.442
202012 4.452 109.321 5.377
202103 4.295 110.186 5.146
202106 4.000 110.943 4.760
202109 4.736 111.916 5.587
202112 4.439 113.971 5.142
202203 4.799 117.647 5.386
202206 5.119 120.567 5.606
202209 5.098 123.811 5.436
202212 5.139 125.541 5.405
202303 5.826 128.461 5.988
202306 6.518 130.191 6.610
202309 6.648 131.272 6.686
202312 5.900 132.029 5.900
202403 6.624 132.029 6.624

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


Erste Group Bank AG.  (LTS:0MJK) 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.

Erste Group Bank AG.'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=45.815/20.93
=2.19

* 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 Erste Group Bank AG. was 2.43. The lowest was 0.86. And the median was 1.75.


Be Aware

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


Erste Group Bank AG. Cyclically Adjusted Revenue per Share Related Terms

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


Erste Group Bank AG. (LTS:0MJK) Business Description

Industry
Address
Am Belvedere 1, Vienna, AUT, A-1100
Erste Group Bank AG. is a financial services provider. Its banking operations is the retail and corporate customer business in the eastern part of the European Union, including Austria. The geographical areas consist of two core markets, Austria and Central and Eastern Europe and a residual segment Other comprises the remaining business activities of the bank outside its core markets as well as the reconciliation to the consolidated accounting result. The company's operating segment include Retail; Corporates; Group Markets; Asset/Liability Management and Local Corporate Center; Savings Banks and Group Corporate Center.

Erste Group Bank AG. (LTS:0MJK) Headlines

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