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Mizrahi Tefahot Bank (XTAE:MZTF) Cyclically Adjusted Revenue per Share : ₪37.08 (As of Jun. 2023)


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What is Mizrahi Tefahot Bank 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.

Mizrahi Tefahot Bank's adjusted revenue per share for the three months ended in Jun. 2023 was ₪15.458. 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 ₪37.08 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Mizrahi Tefahot Bank's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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.

As of today (2024-05-22), Mizrahi Tefahot Bank's current stock price is ₪135.30. Mizrahi Tefahot Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was ₪37.08. Mizrahi Tefahot Bank's Cyclically Adjusted PS Ratio of today is 3.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mizrahi Tefahot Bank was 4.33. The lowest was 2.28. And the median was 3.51.


Mizrahi Tefahot Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mizrahi Tefahot 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.

* Premium members only.

Mizrahi Tefahot Bank Cyclically Adjusted Revenue per Share Chart

Mizrahi Tefahot Bank 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 - 27.03 30.10 34.49 -

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 33.93 34.49 35.87 37.08 -

Competitive Comparison of Mizrahi Tefahot Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Mizrahi Tefahot 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.


Mizrahi Tefahot Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Mizrahi Tefahot 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, Mizrahi Tefahot Bank's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=15.458/128.7287*128.7287
=15.458

Current CPI (Jun. 2023) = 128.7287.

Mizrahi Tefahot Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 5.566 98.790 7.253
201312 5.017 98.326 6.568
201403 4.982 99.695 6.433
201406 5.443 100.560 6.968
201409 5.598 100.428 7.176
201412 5.304 99.070 6.892
201503 5.182 99.621 6.696
201506 6.076 100.684 7.768
201509 6.206 100.392 7.958
201512 5.381 99.792 6.941
201603 5.515 100.470 7.066
201606 6.252 101.688 7.915
201609 6.371 101.861 8.051
201612 5.637 101.863 7.124
201703 5.967 102.862 7.468
201706 6.664 103.349 8.300
201709 6.177 104.136 7.636
201712 6.507 104.011 8.053
201803 6.590 105.290 8.057
201806 7.890 106.317 9.553
201809 7.336 106.507 8.867
201812 7.448 105.998 9.045
201903 7.235 107.251 8.684
201906 8.612 108.070 10.258
201909 7.485 108.329 8.894
201912 7.488 108.420 8.891
202003 8.218 108.902 9.714
202006 7.644 108.767 9.047
202009 8.187 109.815 9.597
202012 8.538 109.897 10.001
202103 9.475 111.754 10.914
202106 10.310 114.631 11.578
202109 10.174 115.734 11.316
202112 9.746 117.630 10.666
202203 12.333 121.301 13.088
202206 12.426 125.017 12.795
202209 13.678 125.227 14.061
202212 12.701 125.222 13.057
202303 14.824 127.348 14.985
202306 15.458 128.729 15.458

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


Mizrahi Tefahot Bank  (XTAE:MZTF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=135.30/37.08
=3.65

* 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 Mizrahi Tefahot Bank was 4.33. The lowest was 2.28. And the median was 3.51.


Be Aware

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


Mizrahi Tefahot Bank Cyclically Adjusted Revenue per Share Related Terms

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


Mizrahi Tefahot Bank (XTAE:MZTF) Business Description

Industry
Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

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