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BNP Paribas (STU:BNPH) Cyclically Adjusted Revenue per Share : €25.74 (As of Mar. 2024)


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What is BNP Paribas 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.

BNP Paribas's adjusted revenue per share for the three months ended in Mar. 2024 was €5.049. 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 €25.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BNP Paribas's average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% 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 BNP Paribas was 4.50% per year. The lowest was 0.10% per year. And the median was 1.60% per year.

As of today (2024-06-08), BNP Paribas's current stock price is €33.20. BNP Paribas's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €25.74. BNP Paribas's Cyclically Adjusted PS Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BNP Paribas was 1.45. The lowest was 0.54. And the median was 1.11.


BNP Paribas Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BNP Paribas'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.

BNP Paribas Cyclically Adjusted Revenue per Share Chart

BNP Paribas 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 23.10 22.59 22.64 24.37 25.49

BNP Paribas 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 24.81 25.05 25.11 25.49 25.74

Competitive Comparison of BNP Paribas's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, BNP Paribas'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.


BNP Paribas's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



BNP Paribas 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, BNP Paribas'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)
=5.049/119.4700*119.4700
=5.049

Current CPI (Mar. 2024) = 119.4700.

BNP Paribas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.047 100.180 6.019
201409 3.828 99.920 4.577
201412 6.484 99.860 7.757
201503 4.440 100.170 5.295
201506 5.707 100.440 6.788
201509 4.162 99.950 4.975
201512 6.886 100.040 8.223
201603 4.359 100.020 5.207
201606 6.045 100.630 7.177
201609 4.256 100.340 5.067
201612 7.336 100.650 8.708
201703 4.533 101.170 5.353
201706 6.140 101.320 7.240
201709 4.171 101.330 4.918
201712 7.899 101.850 9.266
201803 4.326 102.750 5.030
201806 6.576 103.370 7.600
201809 4.147 103.560 4.784
201812 7.850 103.470 9.064
201903 4.468 103.890 5.138
201906 6.485 104.580 7.408
201909 4.370 104.500 4.996
201912 8.719 104.980 9.922
202003 4.366 104.590 4.987
202006 6.591 104.790 7.514
202009 4.362 104.550 4.984
202012 7.546 104.960 8.589
202103 4.739 105.750 5.354
202106 6.753 106.340 7.587
202109 4.564 106.810 5.105
202112 8.656 107.850 9.589
202203 4.934 110.490 5.335
202206 4.681 112.550 4.969
202209 4.516 112.740 4.786
202212 9.296 114.160 9.728
202303 5.087 116.790 5.204
202306 4.800 117.650 4.874
202309 4.951 118.260 5.002
202312 10.734 118.390 10.832
202403 5.049 119.470 5.049

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


BNP Paribas  (STU:BNPH) 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.

BNP Paribas's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.20/25.74
=1.29

* 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 BNP Paribas was 1.45. The lowest was 0.54. And the median was 1.11.


Be Aware

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


BNP Paribas Cyclically Adjusted Revenue per Share Related Terms

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


BNP Paribas (STU:BNPH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BNP Paribas (STU:BNPH) » Definitions » Cyclically Adjusted Revenue per Share
Address
16, Boulevard Des Italiens, Paris, FRA, 75009
The merger of Banque Nationale de Paris and Paribas created BNP Paribas in 2000, making it the largest publicly traded bank in France. Although BNP Paribas has operations in about 80 countries, it considers France, Italy, and Belgium to be its home markets.

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