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SFST (Southern First Bancshares) Cyclically Adjusted Revenue per Share : $12.12 (As of Sep. 2024)


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What is Southern First Bancshares 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.

Southern First Bancshares's adjusted revenue per share for the three months ended in Sep. 2024 was $2.938. 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 $12.12 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Southern First Bancshares's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% 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 Southern First Bancshares was 16.00% per year. The lowest was 6.50% per year. And the median was 8.80% per year.

As of today (2024-12-15), Southern First Bancshares's current stock price is $42.20. Southern First Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $12.12. Southern First Bancshares's Cyclically Adjusted PS Ratio of today is 3.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Southern First Bancshares was 6.60. The lowest was 1.92. And the median was 4.22.


Southern First Bancshares Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Southern First Bancshares'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.

Southern First Bancshares Cyclically Adjusted Revenue per Share Chart

Southern First Bancshares 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 8.09 8.91 10.09 11.20 11.70

Southern First Bancshares 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 11.73 11.70 11.94 12.05 12.12

Competitive Comparison of Southern First Bancshares's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Southern First Bancshares'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.


Southern First Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Southern First Bancshares's Cyclically Adjusted PS Ratio falls into.



Southern First Bancshares 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, Southern First Bancshares'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)
=2.938/133.0289*133.0289
=2.938

Current CPI (Sep. 2024) = 133.0289.

Southern First Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.808 99.070 2.428
201503 1.721 99.621 2.298
201506 1.776 100.684 2.347
201509 1.818 100.392 2.409
201512 1.839 99.792 2.451
201603 1.931 100.470 2.557
201606 2.038 101.688 2.666
201609 2.062 101.861 2.693
201612 1.981 101.863 2.587
201703 2.000 102.862 2.587
201706 2.025 103.349 2.607
201709 2.067 104.136 2.641
201712 2.051 104.011 2.623
201803 2.130 105.290 2.691
201806 2.243 106.317 2.807
201809 2.328 106.507 2.908
201812 1.854 105.998 2.327
201903 2.430 107.251 3.014
201906 2.660 108.070 3.274
201909 2.786 108.329 3.421
201912 2.073 108.420 2.544
202003 2.582 108.902 3.154
202006 3.404 108.767 4.163
202009 3.270 109.815 3.961
202012 4.440 109.897 5.375
202103 3.074 111.754 3.659
202106 3.136 114.631 3.639
202109 3.301 115.734 3.794
202112 3.249 117.630 3.674
202203 3.223 121.301 3.535
202206 3.419 125.017 3.638
202209 3.488 125.227 3.705
202212 3.200 125.222 3.400
202303 2.777 127.348 2.901
202306 2.672 128.729 2.761
202309 2.737 129.860 2.804
202312 2.647 129.419 2.721
202403 2.617 131.776 2.642
202406 2.831 132.554 2.841
202409 2.938 133.029 2.938

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


Southern First Bancshares  (NAS:SFST) 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.

Southern First Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=42.20/12.12
=3.48

* 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 Southern First Bancshares was 6.60. The lowest was 1.92. And the median was 4.22.


Be Aware

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


Southern First Bancshares Cyclically Adjusted Revenue per Share Related Terms

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


Southern First Bancshares Business Description

Industry
Traded in Other Exchanges
N/A
Address
6 Verdae Boulevard, Greenville, SC, USA, 29607
Southern First Bancshares Inc is a bank holding company. The company engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corporation (the "FDIC"), and providing commercial, consumer and mortgage loans to the general public of which a majority of the revenue is derived from the Commercial and Retail Banking segment which includes the provision of traditional deposit and lending products and services to its commercial and retail banking clients.
Executives
Leighton M Cubbage director P.O. BOX 17465, GREENVILLE SC 29606
Anne S Ellefson director
Seaver R Arthur Jr officer: Chief Executive Officer P.O. BOX 17465, GREENVILLE SC 29606
Anna T Locke director P.O. BOX 17465, GREENVILLE SC 29606
David G Ellison director P.O. BOX 17465, GREENVILLE SC 29606
David Andrew Borrmann officer: Chief Financial Officer P.O. BOX 17465, GREENVILLE SC 29606
Silvia T King officer: EVP, Chief Human Resource Off P.O. BOX 17465, GREENVILLE SC 29606
Tecumseh Jr Hooper director
Calvin C Hurst officer: Chief Banking Officer P.O. BOX 17465, GREENVILLE SC 29606
Aiken William M. Iii officer: Chief Risk Officer PO BOX 17465, GREENVILLE SC 29606
Mark A Cothran director
Terry Grayson-caprio director P.O. BOX 17465, GREENVILLE SC 29606
Ray Lattimore director P.O. BOX 17465, GREENVILLE SC 29606
William Iv Maner director P.O. BOX 17465, GREENVILLE SC 29606
Michael D Dowling officer: Executive Vice President, CFO P.O. BOX 17465, GREENVILLE SC 29606