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Ameris Bancorp (Ameris Bancorp) Cyclically Adjusted Revenue per Share : $13.67 (As of Mar. 2024)


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What is Ameris Bancorp 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.

Ameris Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was $3.729. 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 $13.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ameris Bancorp's average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% 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 Ameris Bancorp was 13.50% per year. The lowest was 1.60% per year. And the median was 4.25% per year.

As of today (2024-05-15), Ameris Bancorp's current stock price is $50.215. Ameris Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.67. Ameris Bancorp's Cyclically Adjusted PS Ratio of today is 3.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ameris Bancorp was 7.72. The lowest was 2.25. And the median was 4.14.


Ameris Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ameris Bancorp'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.

Ameris Bancorp Cyclically Adjusted Revenue per Share Chart

Ameris Bancorp 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 8.50 9.51 10.90 12.43 13.53

Ameris Bancorp 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 12.80 13.11 13.39 13.53 13.67

Competitive Comparison of Ameris Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Ameris Bancorp'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.


Ameris Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Ameris Bancorp 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, Ameris Bancorp'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)
=3.729/129.4194*129.4194
=3.729

Current CPI (Mar. 2024) = 129.4194.

Ameris Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.887 100.560 2.429
201409 1.983 100.428 2.555
201412 1.945 99.070 2.541
201503 1.729 99.621 2.246
201506 1.540 100.684 1.980
201509 2.190 100.392 2.823
201512 2.109 99.792 2.735
201603 2.206 100.470 2.842
201606 2.310 101.688 2.940
201609 2.398 101.861 3.047
201612 2.273 101.863 2.888
201703 2.369 102.862 2.981
201706 2.421 103.349 3.032
201709 2.463 104.136 3.061
201712 2.464 104.011 3.066
201803 2.476 105.290 3.043
201806 2.676 106.317 3.257
201809 2.683 106.507 3.260
201812 2.710 105.998 3.309
201903 2.724 107.251 3.287
201906 2.871 108.070 3.438
201909 3.228 108.329 3.856
201912 2.844 108.420 3.395
202003 2.879 108.902 3.421
202006 4.096 108.767 4.874
202009 4.625 109.815 5.451
202012 3.648 109.897 4.296
202103 3.965 111.754 4.592
202106 3.518 114.631 3.972
202109 3.304 115.734 3.695
202112 3.418 117.630 3.761
202203 3.610 121.301 3.852
202206 3.820 125.017 3.955
202209 3.874 125.227 4.004
202212 3.800 125.222 3.927
202303 3.735 127.348 3.796
202306 3.872 128.729 3.893
202309 3.812 129.860 3.799
202312 3.670 129.419 3.670
202403 3.729 129.419 3.729

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


Ameris Bancorp  (NAS:ABCB) 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.

Ameris Bancorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=50.215/13.67
=3.67

* 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 Ameris Bancorp was 7.72. The lowest was 2.25. And the median was 4.14.


Be Aware

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


Ameris Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Ameris Bancorp (Ameris Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ameris Bancorp (NAS:ABCB) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
3490 Piedmont Road N.E., Suite 1550, Atlanta, GA, USA, 30305
Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into five segments: banking, retail mortgage, warehouse lending, SBA, and premium finance. The company generates most of its revenue from the banking division. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.
Executives
William Millard Choate director 3490 PIEDMONT ROAD, SUITE 1550, ATLANTA GA 30305
William D Mckendry officer: EVP & CRO PO BOX 3668, MOULTRIE GA 31776
James A Lahaise officer: Corporate Banking Executive C/O FLAG FINANCIAL CORPORATION, 3475 PIEDMONT ROAD, NE, ATLANTA GA 30305
Nicole S Stokes officer: EVP & Chief Financial Officer 3250 NORTH VALDOSTA ROAD, VALDOSTA GA 31602
Proctor H Palmer Jr director, officer: President & CEO
Bowen William I. Jr. director P.O. BOX 3668, MOULTRIE GA 31776
Jimmy D Veal director P.O. BOX 3668, MOULTRIE GA 31776
Jon S Edwards officer: EVP/CCO P.O. BOX 3668, MOULTRIE GA 31776
Elizabeth A Mccague director P.O. BOX 3668, MOULTRIE GA 31776
Ronal Todd Shutley officer: EVP, Chief Specialty Banking O P.O. BOX 3668, MOULTRIE GA 31776
Robert P Lynch director P.O. BOX 3668, MOULTRIE GA 31776
Michael T Pierson officer: EVP & Chief Operations Officer 3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Ross L Creasy officer: EVP & Chief Innovation Officer 3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Robert Dale Ezzell director P.O. BOX 3668, MOULTRIE GA 31776
Bassett Lawton E Iii officer: Banking Group President PO BOX 3668, MOULTRIE GA 31776