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ABSA Bank Kenya (NAI:ABSA) Cyclically Adjusted Revenue per Share : KES8.17 (As of Sep. 2024)


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What is ABSA Bank Kenya 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.

ABSA Bank Kenya's adjusted revenue per share for the three months ended in Sep. 2024 was KES2.744. 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 KES8.17 for the trailing ten years ended in Sep. 2024.

During the past 12 months, ABSA Bank Kenya's average Cyclically Adjusted Revenue Growth Rate was 7.80% 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.

As of today (2025-01-18), ABSA Bank Kenya's current stock price is KES17.15. ABSA Bank Kenya's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was KES8.17. ABSA Bank Kenya's Cyclically Adjusted PS Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ABSA Bank Kenya was 2.34. The lowest was 1.38. And the median was 1.67.


ABSA Bank Kenya Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ABSA Bank Kenya'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.

ABSA Bank Kenya Cyclically Adjusted Revenue per Share Chart

ABSA Bank Kenya 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 - - - 7.10 7.61

ABSA Bank Kenya Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.58 7.61 7.89 8.04 8.17

Competitive Comparison of ABSA Bank Kenya's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, ABSA Bank Kenya'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.


ABSA Bank Kenya's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



ABSA Bank Kenya 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, ABSA Bank Kenya's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.744/133.0289*133.0289
=2.744

Current CPI (Sep. 2024) = 133.0289.

ABSA Bank Kenya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.295 99.070 1.739
201503 1.359 99.621 1.815
201506 1.375 100.684 1.817
201509 1.267 100.392 1.679
201512 1.422 99.792 1.896
201603 1.465 100.470 1.940
201606 1.513 101.688 1.979
201609 1.510 101.861 1.972
201612 1.318 101.863 1.721
201703 1.354 102.862 1.751
201706 1.382 103.349 1.779
201709 1.411 104.136 1.802
201712 1.418 104.011 1.814
201803 1.465 105.290 1.851
201806 1.414 106.317 1.769
201809 1.508 106.507 1.884
201812 1.442 105.998 1.810
201903 1.465 107.251 1.817
201906 1.532 108.070 1.886
201909 1.558 108.329 1.913
201912 1.634 108.420 2.005
202003 1.583 108.902 1.934
202006 1.534 108.767 1.876
202009 1.488 109.815 1.803
202012 1.596 109.897 1.932
202103 1.639 111.754 1.951
202106 1.668 114.631 1.936
202109 1.742 115.734 2.002
202112 1.645 117.630 1.860
202203 1.810 121.301 1.985
202206 2.029 125.017 2.159
202209 2.309 125.227 2.453
202212 2.189 125.222 2.325
202303 2.553 127.348 2.667
202306 2.488 128.729 2.571
202309 2.354 129.860 2.411
202312 2.487 129.419 2.556
202403 3.017 131.776 3.046
202406 2.827 132.554 2.837
202409 2.744 133.029 2.744

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


ABSA Bank Kenya  (NAI:ABSA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.15/8.17
=2.10

* 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 ABSA Bank Kenya was 2.34. The lowest was 1.38. And the median was 1.67.


Be Aware

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


ABSA Bank Kenya Cyclically Adjusted Revenue per Share Related Terms

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


ABSA Bank Kenya Business Description

Industry
Traded in Other Exchanges
N/A
Address
Waiyaki Way, P.O. Box 30120, Nairobi, KEN, 00100
ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions, and government clients.

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