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Voss Veksel- og Landmandsbank ASA (STU:UQ6) Cyclically Adjusted Revenue per Share : €5.04 (As of Mar. 2024)


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What is Voss Veksel- og Landmandsbank 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.

Voss Veksel- og Landmandsbank ASA's adjusted revenue per share for the three months ended in Mar. 2024 was €1.652. 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 €5.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Voss Veksel- og Landmandsbank ASA's average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Voss Veksel- og Landmandsbank ASA was 6.90% per year. The lowest was 4.80% per year. And the median was 5.85% per year.

As of today (2024-06-19), Voss Veksel- og Landmandsbank ASA's current stock price is €21.80. Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.04. Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio of today is 4.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Voss Veksel- og Landmandsbank ASA was 5.14. The lowest was 2.84. And the median was 3.68.


Voss Veksel- og Landmandsbank ASA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Voss Veksel- og Landmandsbank 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.

Voss Veksel- og Landmandsbank ASA Cyclically Adjusted Revenue per Share Chart

Voss Veksel- og Landmandsbank 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 - - - - 5.15

Voss Veksel- og Landmandsbank 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 4.80 4.92 5.09 5.15 5.04

Competitive Comparison of Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Voss Veksel- og Landmandsbank 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.


Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio falls into.



Voss Veksel- og Landmandsbank 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, Voss Veksel- og Landmandsbank 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)
=1.652/132.6000*132.6000
=1.652

Current CPI (Mar. 2024) = 132.6000.

Voss Veksel- og Landmandsbank ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.777 97.500 2.417
201409 1.495 98.500 2.013
201412 1.181 98.600 1.588
201503 0.939 99.200 1.255
201506 0.857 100.100 1.135
201509 1.093 100.600 1.441
201512 1.194 100.900 1.569
201603 0.994 102.500 1.286
201606 1.305 103.800 1.667
201609 1.260 104.200 1.603
201612 1.289 104.400 1.637
201703 1.166 105.000 1.472
201706 1.238 105.800 1.552
201709 0.664 105.900 0.831
201712 1.620 106.100 2.025
201803 1.226 107.300 1.515
201806 1.349 108.500 1.649
201809 1.458 109.500 1.766
201812 1.459 109.800 1.762
201903 1.320 110.400 1.585
201906 1.393 110.600 1.670
201909 1.547 111.100 1.846
201912 1.382 111.300 1.646
202003 1.117 111.200 1.332
202006 0.964 112.100 1.140
202009 1.158 112.900 1.360
202012 1.187 112.900 1.394
202103 1.220 114.600 1.412
202106 1.215 115.300 1.397
202109 1.201 117.500 1.355
202112 1.105 118.900 1.232
202203 1.197 119.800 1.325
202206 1.418 122.600 1.534
202209 1.412 125.600 1.491
202212 1.572 125.900 1.656
202303 1.373 127.600 1.427
202306 1.491 130.400 1.516
202309 1.734 129.800 1.771
202312 1.897 131.900 1.907
202403 1.652 132.600 1.652

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


Voss Veksel- og Landmandsbank ASA  (STU:UQ6) 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.

Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.80/5.04
=4.33

* 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 Voss Veksel- og Landmandsbank ASA was 5.14. The lowest was 2.84. And the median was 3.68.


Be Aware

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


Voss Veksel- og Landmandsbank ASA Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Voss Veksel- og Landmandsbank ASA (STU:UQ6) Business Description

Traded in Other Exchanges
Address
Vangsgata 24, Voss, NOR, 5700
Voss Veksel- og Landmandsbank ASA operates in the banking sector. It provides general banking services like deposits, loans, insurance services, mobile banking, online banking, among others.

Voss Veksel- og Landmandsbank ASA (STU:UQ6) Headlines

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