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SpareBank 1 SR Bank ASA (SpareBank 1 SR Bank ASA) Cyclically Adjusted Revenue per Share : $2.77 (As of Mar. 2024)


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What is SpareBank 1 SR Bank ASA 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.

SpareBank 1 SR Bank ASA's adjusted revenue per share for the three months ended in Mar. 2024 was $0.792. 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 $2.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SpareBank 1 SR Bank ASA's average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% 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 SpareBank 1 SR Bank ASA was 7.00% per year. The lowest was 0.20% per year. And the median was 2.80% per year.

As of today (2024-05-21), SpareBank 1 SR Bank ASA's current stock price is $14.65. SpareBank 1 SR Bank ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.77. SpareBank 1 SR Bank ASA's Cyclically Adjusted PS Ratio of today is 5.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SpareBank 1 SR Bank ASA was 6.57. The lowest was 2.59. And the median was 4.86.


SpareBank 1 SR Bank ASA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SpareBank 1 SR Bank ASA'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.

SpareBank 1 SR Bank ASA Cyclically Adjusted Revenue per Share Chart

SpareBank 1 SR Bank ASA 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 2.25 1.76 2.14 2.81 2.88

SpareBank 1 SR Bank ASA 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 2.87 2.75 2.94 2.88 2.77

Competitive Comparison of SpareBank 1 SR Bank ASA's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, SpareBank 1 SR Bank ASA'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.


SpareBank 1 SR Bank ASA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SR Bank ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SR Bank ASA's Cyclically Adjusted PS Ratio falls into.



SpareBank 1 SR Bank ASA 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, SpareBank 1 SR Bank ASA'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)
=0.792/132.6000*132.6000
=0.792

Current CPI (Mar. 2024) = 132.6000.

SpareBank 1 SR Bank ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.705 97.500 0.959
201409 0.627 98.500 0.844
201412 0.557 98.600 0.749
201503 0.544 99.200 0.727
201506 0.518 100.100 0.686
201509 0.441 100.600 0.581
201512 0.417 100.900 0.548
201603 0.473 102.500 0.612
201606 0.562 103.800 0.718
201609 0.581 104.200 0.739
201612 0.522 104.400 0.663
201703 0.524 105.000 0.662
201706 0.576 105.800 0.722
201709 0.638 105.900 0.799
201712 0.581 106.100 0.726
201803 0.619 107.300 0.765
201806 0.638 108.500 0.780
201809 0.619 109.500 0.750
201812 0.558 109.800 0.674
201903 0.647 110.400 0.777
201906 0.672 110.600 0.806
201909 0.594 111.100 0.709
201912 0.619 111.300 0.737
202003 0.442 111.200 0.527
202006 0.626 112.100 0.740
202009 0.605 112.900 0.711
202012 0.664 112.900 0.780
202103 0.692 114.600 0.801
202106 0.697 115.300 0.802
202109 0.668 117.500 0.754
202112 0.690 118.900 0.770
202203 0.690 119.800 0.764
202206 0.637 122.600 0.689
202209 0.622 125.600 0.657
202212 0.713 125.900 0.751
202303 0.681 127.600 0.708
202306 0.725 130.400 0.737
202309 0.749 129.800 0.765
202312 0.921 131.900 0.926
202403 0.792 132.600 0.792

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


SpareBank 1 SR Bank ASA  (OTCPK:SBRKF) 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.

SpareBank 1 SR Bank ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.65/2.77
=5.29

* 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 SpareBank 1 SR Bank ASA was 6.57. The lowest was 2.59. And the median was 4.86.


Be Aware

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


SpareBank 1 SR Bank ASA Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of SpareBank 1 SR Bank ASA's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 SR Bank ASA (SpareBank 1 SR Bank ASA) Business Description

Industry
Traded in Other Exchanges
Address
Christen Tranes Gate 35, Stavanger, NOR, 4007
SpareBank 1 SR Bank ASA is a Norwegian regional bank engaged in selling and procuring a wide range of financial products and services, investments services, leasing, estate agency and accounting services. The company is organized around three customer segments: 1) Retail customers, 2) SME and Agriculture, and 3) Large Corporates. The company primarily operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.

SpareBank 1 SR Bank ASA (SpareBank 1 SR Bank ASA) Headlines

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