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Bank of America (MEX:BAC) Cyclically Adjusted Revenue per Share : MXN237.21 (As of Mar. 2025)


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What is Bank of America 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.

Bank of America's adjusted revenue per share for the three months ended in Mar. 2025 was MXN72.047. 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 MXN237.21 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Bank of America's average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.00% 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 Bank of America was 7.40% per year. The lowest was -6.60% per year. And the median was 0.15% per year.

As of today (2025-05-22), Bank of America's current stock price is MXN838.47. Bank of America's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN237.21. Bank of America's Cyclically Adjusted PS Ratio of today is 3.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank of America was 5.14. The lowest was 1.02. And the median was 3.02.


Bank of America Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bank of America'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.

Bank of America Cyclically Adjusted Revenue per Share Chart

Bank of America Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 176.39 196.19 201.59 185.88 238.17

Bank of America 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 184.35 208.53 224.84 238.17 237.21

Competitive Comparison of Bank of America's Cyclically Adjusted Revenue per Share

For the Banks - Diversified subindustry, Bank of America'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.


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

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

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


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Bank of America 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, Bank of America'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)
=72.047/134.9266*134.9266
=72.047

Current CPI (Mar. 2025) = 134.9266.

Bank of America Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 30.654 100.684 41.079
201509 31.680 100.392 42.578
201512 30.048 99.792 40.627
201603 32.241 100.470 43.298
201606 35.595 101.688 47.230
201609 38.028 101.861 50.372
201612 37.308 101.863 49.418
201703 38.363 102.862 50.322
201706 38.086 103.349 49.723
201709 36.880 104.136 47.785
201712 37.384 104.011 48.496
201803 40.021 105.290 51.286
201806 42.978 106.317 54.543
201809 41.791 106.507 52.942
201812 44.553 105.998 56.712
201903 45.593 107.251 57.358
201906 46.385 108.070 57.912
201909 48.140 108.329 59.959
201912 46.449 108.420 57.805
202003 60.235 108.902 74.630
202006 58.773 108.767 72.908
202009 51.181 109.815 62.885
202012 45.505 109.897 55.869
202103 53.278 111.754 64.325
202106 48.916 114.631 57.576
202109 55.119 115.734 64.259
202112 55.027 117.630 63.119
202203 56.387 121.301 62.721
202206 55.915 125.017 60.347
202209 60.393 125.227 65.071
202212 58.683 125.222 63.231
202303 57.844 127.348 61.286
202306 53.458 128.729 56.032
202309 54.283 129.860 56.401
202312 46.648 129.419 48.633
202403 53.351 131.776 54.626
202406 58.399 132.554 59.444
202409 63.154 133.029 64.055
202412 67.357 133.157 68.252
202503 72.047 134.927 72.047

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


Bank of America  (MEX:BAC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=838.47/237.21
=3.53

* 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 Bank of America was 5.14. The lowest was 1.02. And the median was 3.02.


Be Aware

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


Bank of America Cyclically Adjusted Revenue per Share Related Terms

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


Bank of America Business Description

Industry
Address
100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255
Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.