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Laurentian Bank of Canada (TSX:LB) Cyclically Adjusted Revenue per Share : C$30.37 (As of Jan. 2024)


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What is Laurentian Bank of Canada 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.

Laurentian Bank of Canada's adjusted revenue per share for the three months ended in Jan. 2024 was C$5.914. 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 C$30.37 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Laurentian Bank of Canada's average Cyclically Adjusted Revenue Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.30% 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 Laurentian Bank of Canada was 3.20% per year. The lowest was -1.70% per year. And the median was 0.60% per year.

As of today (2024-05-15), Laurentian Bank of Canada's current stock price is C$27.27. Laurentian Bank of Canada's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was C$30.37. Laurentian Bank of Canada's Cyclically Adjusted PS Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Laurentian Bank of Canada was 1.92. The lowest was 0.81. And the median was 1.42.


Laurentian Bank of Canada Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Laurentian Bank of Canada'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.

Laurentian Bank of Canada Cyclically Adjusted Revenue per Share Chart

Laurentian Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.84 30.63 30.69 31.31 30.72

Laurentian Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 30.97 31.09 31.03 30.72 30.37

Competitive Comparison of Laurentian Bank of Canada's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Laurentian Bank of Canada'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.


Laurentian Bank of Canada's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Laurentian Bank of Canada 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, Laurentian Bank of Canada's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.914/125.4675*125.4675
=5.914

Current CPI (Jan. 2024) = 125.4675.

Laurentian Bank of Canada Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 7.561 98.920 9.590
201407 7.631 99.315 9.640
201410 7.667 99.473 9.671
201501 7.536 98.209 9.628
201504 7.622 99.710 9.591
201507 7.827 100.579 9.764
201510 7.999 100.500 9.986
201601 7.534 100.184 9.435
201604 7.474 101.370 9.251
201607 7.528 101.844 9.274
201610 7.491 102.002 9.214
201701 7.133 102.318 8.747
201704 7.027 103.029 8.557
201707 7.270 103.029 8.853
201710 7.010 103.424 8.504
201801 6.767 104.056 8.159
201804 6.223 105.320 7.413
201807 6.222 106.110 7.357
201810 6.088 105.952 7.209
201901 5.752 105.557 6.837
201904 5.674 107.453 6.625
201907 5.766 108.243 6.684
201910 5.675 107.927 6.597
202001 5.585 108.085 6.483
202004 5.609 107.216 6.564
202007 5.781 108.401 6.691
202010 5.643 108.638 6.517
202101 5.717 109.192 6.569
202104 5.751 110.851 6.509
202107 5.848 112.431 6.526
202110 5.739 113.695 6.333
202201 5.899 114.801 6.447
202204 5.984 118.357 6.344
202207 6.003 120.964 6.226
202210 5.937 121.517 6.130
202301 5.998 121.596 6.189
202304 5.921 123.571 6.012
202307 5.991 124.914 6.018
202310 5.677 125.310 5.684
202401 5.914 125.468 5.914

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


Laurentian Bank of Canada  (TSX:LB) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.27/30.37
=0.90

* 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 Laurentian Bank of Canada was 1.92. The lowest was 0.81. And the median was 1.42.


Be Aware

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


Laurentian Bank of Canada Cyclically Adjusted Revenue per Share Related Terms

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Laurentian Bank of Canada (TSX:LB) Business Description

Industry
Traded in Other Exchanges
Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.

Laurentian Bank of Canada (TSX:LB) Headlines

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