CAL Bank (XGHA:CAL) Cyclically Adjusted Revenue per Share: GHS0.50 (As of Jun. 2026)

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XGHA:CAL CAL Bank Ltd XGHA:CAL
4 GF Score
Price GHS0.79
! 5 Warning Signs
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What is CAL Bank Cyclically Adjusted Revenue per Share?

CAL Bank XGHA:CAL 4 Cyclically Adjusted Revenue per Share is GHS0.50 as of Jun. 2026. GuruFocus rates XGHA:CAL with a GF Score™ of 4/100. The stock has 5 warning signs investors should review.

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.

CAL Bank's adjusted revenue per share for the three months ended in Jun. 2026 was GHS0.175. 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 GHS0.50 for the trailing ten years ended in Jun. 2026.

During the past 12 months, CAL Bank's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% 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 CAL Bank was 8.50% per year. The lowest was 4.20% per year. And the median was 6.35% per year.

As of today (2026-07-15), CAL Bank's current stock price is GHS0.79. CAL Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was GHS0.50. CAL Bank's Cyclically Adjusted PS Ratio of today is 1.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CAL Bank was 2.04. The lowest was 0.30. And the median was 0.62.


CAL Bank  (XGHA:CAL) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.79/0.50
=1.58

* 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 CAL Bank was 2.04. The lowest was 0.30. And the median was 0.62.


Be Aware

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


CAL Bank Cyclically Adjusted Revenue per Share Related Terms


CAL Bank Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CAL Bank'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.

CAL Bank Cyclically Adjusted Revenue per Share Chart

CAL Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.36 0.43 0.43 0.48

CAL Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.47 0.48 0.48 0.49 0.50

XGHA:CAL vs PNC: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, CAL Bank'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.


CAL Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


XGHA:CAL
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CAL Bank Ltd XGHA:CAL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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CAL Bank 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, CAL Bank's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.175/335.1230*335.1230
=0.175

Current CPI (Jun. 2026) = 335.1230.

CAL Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.061 241.428 0.085
201612 0.045 241.432 0.062
201703 0.066 243.801 0.091
201706 0.101 244.955 0.138
201709 0.073 246.819 0.099
201712 0.075 246.524 0.102
201803 0.073 249.554 0.098
201806 0.148 251.989 0.197
201809 0.079 252.439 0.105
201812 0.100 251.233 0.133
201903 0.093 254.202 0.123
201906 0.193 256.143 0.253
201909 0.078 256.759 0.102
201912 0.081 256.974 0.106
202003 0.083 258.115 0.108
202006 0.192 257.797 0.250
202009 0.120 260.280 0.155
202012 0.120 260.474 0.154
202103 0.109 264.877 0.138
202106 0.104 271.696 0.128
202109 0.136 274.310 0.166
202112 0.134 278.802 0.161
202203 0.128 287.504 0.149
202206 0.277 296.311 0.313
202209 0.116 296.808 0.131
202212 -0.589 296.797 -0.665
202303 0.138 301.836 0.153
202306 0.299 305.109 0.328
202309 0.134 307.789 0.146
202312 0.206 306.746 0.225
202403 0.141 312.332 0.151
202406 0.099 314.175 0.106
202409 0.077 315.301 0.082
202412 0.010 315.605 0.011
202503 0.075 319.799 0.079
202506 0.397 322.561 0.412
202509 0.081 324.800 0.084
202512 0.124 324.054 0.128
202603 0.077 330.213 0.078
202606 0.175 335.123 0.175

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

What does a Cyclically Adjusted Revenue per Share of GHS0.50 mean?
CAL Bank (XGHA:CAL) has a Cyclically Adjusted Revenue per Share of GHS0.50 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CAL Bank and its competitors.
Is CAL Bank's Cyclically Adjusted Revenue per Share too high?
CAL Bank's current Cyclically Adjusted Revenue per Share is GHS0.50. Overall, CAL Bank has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does CAL Bank's Cyclically Adjusted Revenue per Share compare to PNC?
CAL Bank's Cyclically Adjusted Revenue per Share of GHS0.50 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CAL Bank and its competitors. CAL Bank's current Cyclically Adjusted Revenue per Share is GHS0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAL Bank stock overvalued right now?
CAL Bank (XGHA:CAL) has a current Cyclically Adjusted Revenue per Share of GHS0.50. The current Cyclically Adjusted Revenue per Share is GHS0.50. CAL Bank's overall GF Score™ is 4/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For CAL Bank (XGHA:CAL), the current Cyclically Adjusted Revenue per Share is GHS0.50 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CAL Bank Business Description

Address 23 Independence Avenue, P.O. Box 14596, Accra, GHA
CAL Bank Ltd is mainly engaged in providing banking solutions in Ghana. Its reportable segments are: Corporate Banking, Consumer & Commercial Banking, Treasury, and Asset Management. Maximum revenue is derived from the Treasury segment, which undertakes the Bank's funding and centralised risk management activities. The Corporate Banking segment offers loans, deposits, and other services to corporate clients, institutional clients, and public sector entities; the Consumer & Commercial Banking segment provides traditional banking and other financial services such as funds transfer, standing orders, and ATM card service to small and medium enterprises, and individual customers; and the Asset Management segment offers asset and portfolio management and investment advisory services.
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Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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