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Banca Mediolanum (WBO:BMED) Cyclically Adjusted Revenue per Share : €6.36 (As of Sep. 2023)


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What is Banca Mediolanum 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.

Banca Mediolanum's adjusted revenue per share for the three months ended in Sep. 2023 was €0.632. 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 €6.36 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Banca Mediolanum's average Cyclically Adjusted Revenue Growth Rate was -9.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -8.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.20% 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 Banca Mediolanum was -8.80% per year. The lowest was -10.60% per year. And the median was -9.70% per year.

As of today (2024-05-01), Banca Mediolanum's current stock price is €10.18. Banca Mediolanum's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €6.36. Banca Mediolanum's Cyclically Adjusted PS Ratio of today is 1.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banca Mediolanum was 1.65. The lowest was 0.47. And the median was 0.92.


Banca Mediolanum Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Banca Mediolanum'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.

Banca Mediolanum Cyclically Adjusted Revenue per Share Chart

Banca Mediolanum 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 9.04 7.76 7.47 6.89 -

Banca Mediolanum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.89 6.57 6.40 6.36 -

Competitive Comparison of Banca Mediolanum's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Banca Mediolanum'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.


Banca Mediolanum's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Banca Mediolanum 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, Banca Mediolanum's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.632/120.3000*120.3000
=0.632

Current CPI (Sep. 2023) = 120.3000.

Banca Mediolanum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 2.463 99.721 2.971
201403 1.773 99.907 2.135
201406 2.262 100.093 2.719
201409 1.836 99.814 2.213
201412 2.152 99.721 2.596
201503 3.369 99.814 4.060
201506 0.715 100.279 0.858
201509 -0.312 100.000 -0.375
201512 2.393 99.814 2.884
201603 0.427 99.600 0.516
201606 1.067 99.900 1.285
201609 1.433 100.100 1.722
201612 1.966 100.300 2.358
201703 1.259 101.000 1.500
201706 0.606 101.100 0.721
201709 1.126 101.200 1.339
201712 1.551 101.200 1.844
201803 0.305 101.800 0.360
201806 1.778 102.400 2.089
201809 1.414 102.600 1.658
201812 -0.666 102.300 -0.783
201903 2.510 102.800 2.937
201906 1.434 103.100 1.673
201909 1.532 102.900 1.791
201912 2.362 102.800 2.764
202003 0.331 102.900 0.387
202006 0.367 102.900 0.429
202009 0.395 102.300 0.465
202012 3.112 102.600 3.649
202103 0.469 103.700 0.544
202106 0.488 104.200 0.563
202109 4.609 104.900 5.286
202112 3.117 106.600 3.518
202203 0.440 110.400 0.479
202206 0.439 112.500 0.469
202209 0.468 114.200 0.493
202212 0.623 119.000 0.630
202303 0.565 118.800 0.572
202306 0.609 119.700 0.612
202309 0.632 120.300 0.632

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


Banca Mediolanum  (WBO:BMED) 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.

Banca Mediolanum's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.18/6.36
=1.60

* 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 Banca Mediolanum was 1.65. The lowest was 0.47. And the median was 0.92.


Be Aware

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


Banca Mediolanum Cyclically Adjusted Revenue per Share Related Terms

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


Banca Mediolanum (WBO:BMED) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Mediolanum (WBO:BMED) » Definitions » Cyclically Adjusted Revenue per Share
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Address
Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080
Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.

Banca Mediolanum (WBO:BMED) Headlines