GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aktia Bank PLC (OHEL:AKTIA) » Definitions » Cyclically Adjusted Revenue per Share

Aktia Bank (OHEL:AKTIA) Cyclically Adjusted Revenue per Share : €3.90 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Aktia Bank 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.

Aktia Bank's adjusted revenue per share for the three months ended in Mar. 2024 was €1.066. 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 €3.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aktia Bank's average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -14.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Aktia Bank was -14.80% per year. The lowest was -15.90% per year. And the median was -15.35% per year.

As of today (2024-06-07), Aktia Bank's current stock price is €9.21. Aktia Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.90. Aktia Bank's Cyclically Adjusted PS Ratio of today is 2.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aktia Bank was 2.94. The lowest was 1.10. And the median was 1.85.


Aktia Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Aktia Bank'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.

Aktia Bank Cyclically Adjusted Revenue per Share Chart

Aktia Bank 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 6.27 6.24 6.53 3.73 3.86

Aktia Bank 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 3.80 3.83 3.86 3.86 3.90

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

For the Banks - Regional subindustry, Aktia Bank'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.


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

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

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



Aktia Bank 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, Aktia Bank'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)
=1.066/122.3600*122.3600
=1.066

Current CPI (Mar. 2024) = 122.3600.

Aktia Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.894 100.147 1.092
201409 0.744 100.726 0.904
201412 0.781 100.229 0.953
201503 0.798 100.120 0.975
201506 0.804 100.030 0.983
201509 0.730 100.130 0.892
201512 0.783 99.990 0.958
201603 0.765 100.080 0.935
201606 0.895 100.390 1.091
201609 0.780 100.540 0.949
201612 0.803 101.020 0.973
201703 0.756 100.910 0.917
201706 0.788 101.140 0.953
201709 0.729 101.320 0.880
201712 0.769 101.510 0.927
201803 0.744 101.730 0.895
201806 0.811 102.320 0.970
201809 0.788 102.600 0.940
201812 0.633 102.710 0.754
201903 0.764 102.870 0.909
201906 0.733 103.360 0.868
201909 0.767 103.540 0.906
201912 0.803 103.650 0.948
202003 0.573 103.490 0.677
202006 0.785 103.320 0.930
202009 0.709 103.710 0.836
202012 0.817 103.890 0.962
202103 0.833 104.870 0.972
202106 1.050 105.360 1.219
202109 0.956 106.290 1.101
202112 0.929 107.490 1.058
202203 1.090 110.950 1.202
202206 1.303 113.570 1.404
202209 1.006 114.920 1.071
202212 0.807 117.320 0.842
202303 0.975 119.750 0.996
202306 0.974 120.690 0.987
202309 1.040 121.280 1.049
202312 1.040 121.540 1.047
202403 1.066 122.360 1.066

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


Aktia Bank  (OHEL:AKTIA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.21/3.9
=2.36

* 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 Aktia Bank was 2.94. The lowest was 1.10. And the median was 1.85.


Be Aware

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


Aktia Bank Cyclically Adjusted Revenue per Share Related Terms

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


Aktia Bank (OHEL:AKTIA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aktia Bank PLC (OHEL:AKTIA) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Arkadiankatu 4-6 A, PO Box 207, Helsinki, FIN, 00101
Aktia Bank operates in Finland and offers a broad range of financial services, including banking, asset management, and insurance. The vast majority of its customer base lives in the Helsinki metropolitan area, which accounts for most of its loan and deposit activities. It operates through business segments: banking business, which includes individual, corporate, and institutional customers; and asset management, which includes the firm's asset management business and life insurance arm and Group functions. The majority of revenue comes from the banking business segment.

Aktia Bank (OHEL:AKTIA) Headlines

No Headlines