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Banco Bilbao Vizcaya Argentaria (XMAD:BBVA) Cyclically Adjusted Revenue per Share : €4.31 (As of Dec. 2023)


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What is Banco Bilbao Vizcaya Argentaria 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.

Banco Bilbao Vizcaya Argentaria's adjusted revenue per share for the three months ended in Dec. 2023 was €1.193. 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 €4.31 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco Bilbao Vizcaya Argentaria's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.10% 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 Banco Bilbao Vizcaya Argentaria was 9.90% per year. The lowest was -7.20% per year. And the median was 1.20% per year.

As of today (2024-04-30), Banco Bilbao Vizcaya Argentaria's current stock price is €10.90. Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €4.31. Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio of today is 2.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banco Bilbao Vizcaya Argentaria was 2.56. The lowest was 0.57. And the median was 1.37.


Banco Bilbao Vizcaya Argentaria Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Banco Bilbao Vizcaya Argentaria'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.

Banco Bilbao Vizcaya Argentaria Cyclically Adjusted Revenue per Share Chart

Banco Bilbao Vizcaya Argentaria 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 4.29 3.83 3.93 4.11 4.31

Banco Bilbao Vizcaya Argentaria 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 4.11 4.18 4.24 4.32 4.31

Competitive Comparison of Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted Revenue per Share

For the Banks - Diversified subindustry, Banco Bilbao Vizcaya Argentaria'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.


Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio falls into.



Banco Bilbao Vizcaya Argentaria 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, Banco Bilbao Vizcaya Argentaria's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.193/121.2698*121.2698
=1.193

Current CPI (Dec. 2023) = 121.2698.

Banco Bilbao Vizcaya Argentaria Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.826 100.139 1.000
201406 0.862 101.081 1.034
201409 0.813 100.441 0.982
201412 1.340 100.251 1.621
201503 0.843 99.474 1.028
201506 0.869 101.138 1.042
201509 0.961 99.559 1.171
201512 1.292 100.268 1.563
201603 0.815 98.638 1.002
201606 1.126 100.333 1.361
201609 0.833 99.737 1.013
201612 1.217 101.842 1.449
201703 0.906 100.896 1.089
201706 0.916 101.848 1.091
201709 0.866 101.524 1.034
201712 1.025 102.975 1.207
201803 0.841 102.122 0.999
201806 0.797 104.165 0.928
201809 0.834 103.818 0.974
201812 0.872 104.193 1.015
201903 0.818 103.488 0.959
201906 0.798 104.612 0.925
201909 0.849 103.905 0.991
201912 0.975 105.015 1.126
202003 0.952 103.469 1.116
202006 0.622 104.254 0.724
202009 0.698 103.521 0.818
202012 0.640 104.456 0.743
202103 0.775 104.857 0.896
202106 0.705 107.102 0.798
202109 0.830 107.669 0.935
202112 0.817 111.298 0.890
202203 0.922 115.153 0.971
202206 1.064 118.044 1.093
202209 1.191 117.221 1.232
202212 0.996 117.650 1.027
202303 1.333 118.948 1.359
202306 1.337 120.278 1.348
202309 1.403 121.343 1.402
202312 1.193 121.270 1.193

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


Banco Bilbao Vizcaya Argentaria  (XMAD:BBVA) 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.

Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.90/4.31
=2.53

* 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 Banco Bilbao Vizcaya Argentaria was 2.56. The lowest was 0.57. And the median was 1.37.


Be Aware

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


Banco Bilbao Vizcaya Argentaria Cyclically Adjusted Revenue per Share Related Terms

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


Banco Bilbao Vizcaya Argentaria (XMAD:BBVA) Business Description

Address
Calle Azul, 4, Madrid, ESP, 28050
Despite its Spanish origins, BBVA generates only around a quarter of its profits in Spain. We expect that on a normalised basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.