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CIMB Group Holdings Bhd (XKLS:1023) Cyclically Adjusted Revenue per Share : RM2.20 (As of Mar. 2024)


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What is CIMB Group Holdings Bhd 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.

CIMB Group Holdings Bhd's adjusted revenue per share for the three months ended in Mar. 2024 was RM0.525. 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 RM2.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CIMB Group Holdings Bhd's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% 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 CIMB Group Holdings Bhd was 4.00% per year. The lowest was 3.70% per year. And the median was 3.85% per year.

As of today (2024-06-17), CIMB Group Holdings Bhd's current stock price is RM6.92. CIMB Group Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM2.20. CIMB Group Holdings Bhd's Cyclically Adjusted PS Ratio of today is 3.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CIMB Group Holdings Bhd was 3.16. The lowest was 1.53. And the median was 2.49.


CIMB Group Holdings Bhd Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CIMB Group Holdings Bhd'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.

CIMB Group Holdings Bhd Cyclically Adjusted Revenue per Share Chart

CIMB Group Holdings Bhd 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 1.93 1.93 2.06 2.15 2.17

CIMB Group Holdings Bhd 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 2.17 2.18 2.19 2.17 2.20

Competitive Comparison of CIMB Group Holdings Bhd's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, CIMB Group Holdings Bhd'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.


CIMB Group Holdings Bhd's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CIMB Group Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CIMB Group Holdings Bhd's Cyclically Adjusted PS Ratio falls into.



CIMB Group Holdings Bhd 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, CIMB Group Holdings Bhd'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)
=0.525/131.7762*131.7762
=0.525

Current CPI (Mar. 2024) = 131.7762.

CIMB Group Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.410 100.560 0.537
201409 0.421 100.428 0.552
201412 0.423 99.070 0.563
201503 0.437 99.621 0.578
201506 0.453 100.684 0.593
201509 0.452 100.392 0.593
201512 0.472 99.792 0.623
201603 0.437 100.470 0.573
201606 0.450 101.688 0.583
201609 0.455 101.861 0.589
201612 0.485 101.863 0.627
201703 0.491 102.862 0.629
201706 0.480 103.349 0.612
201709 0.488 104.136 0.618
201712 0.491 104.011 0.622
201803 0.445 105.290 0.557
201806 0.423 106.317 0.524
201809 0.432 106.507 0.534
201812 0.552 105.998 0.686
201903 0.433 107.251 0.532
201906 0.436 108.070 0.532
201909 0.479 108.329 0.583
201912 0.457 108.420 0.555
202003 0.413 108.902 0.500
202006 0.403 108.767 0.488
202009 0.423 109.815 0.508
202012 0.430 109.897 0.516
202103 0.480 111.754 0.566
202106 0.458 114.631 0.527
202109 0.441 115.734 0.502
202112 0.437 117.630 0.490
202203 0.470 121.301 0.511
202206 0.473 125.017 0.499
202209 0.476 125.227 0.501
202212 0.489 125.222 0.515
202303 0.466 127.348 0.482
202306 0.499 128.729 0.511
202309 0.496 129.860 0.503
202312 0.497 129.419 0.506
202403 0.525 131.776 0.525

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


CIMB Group Holdings Bhd  (XKLS:1023) 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.

CIMB Group Holdings Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.92/2.2
=3.15

* 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 CIMB Group Holdings Bhd was 3.16. The lowest was 1.53. And the median was 2.49.


Be Aware

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


CIMB Group Holdings Bhd Cyclically Adjusted Revenue per Share Related Terms

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


CIMB Group Holdings Bhd (XKLS:1023) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 2, Level 13, Menara CIMB, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
CIMB Group Holdings Bhd is a full-service bank based primarily in Malaysia and other Association of Southeast Asian Nations. The bank's segment includes Consumer Banking, Commercial Banking, Wholesale Banking, and CIMB Digital Assets and Group Funding. Most of the bank's income is derived from net interest income.

CIMB Group Holdings Bhd (XKLS:1023) Headlines

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