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Associated Banc-Corp (Associated Banc-Corp) Cyclically Adjusted Revenue per Share : $8.55 (As of Mar. 2024)


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What is Associated Banc-Corp 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.

Associated Banc-Corp's adjusted revenue per share for the three months ended in Mar. 2024 was $2.121. 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 $8.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Associated Banc-Corp's average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% 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 Associated Banc-Corp was 16.20% per year. The lowest was -2.20% per year. And the median was 1.70% per year.

As of today (2024-05-14), Associated Banc-Corp's current stock price is $22.37. Associated Banc-Corp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.55. Associated Banc-Corp's Cyclically Adjusted PS Ratio of today is 2.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Associated Banc-Corp was 4.10. The lowest was 1.67. And the median was 2.67.


Associated Banc-Corp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Associated Banc-Corp'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.

Associated Banc-Corp Cyclically Adjusted Revenue per Share Chart

Associated Banc-Corp 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 6.85 7.09 7.67 8.28 8.53

Associated Banc-Corp 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 8.46 8.58 8.68 8.53 8.55

Competitive Comparison of Associated Banc-Corp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Associated Banc-Corp'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.


Associated Banc-Corp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Associated Banc-Corp's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Associated Banc-Corp's Cyclically Adjusted PS Ratio falls into.



Associated Banc-Corp 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, Associated Banc-Corp'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)
=2.121/129.4194*129.4194
=2.121

Current CPI (Mar. 2024) = 129.4194.

Associated Banc-Corp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.498 100.560 1.928
201409 1.577 100.428 2.032
201412 1.600 99.070 2.090
201503 1.638 99.621 2.128
201506 1.674 100.684 2.152
201509 1.673 100.392 2.157
201512 1.693 99.792 2.196
201603 1.707 100.470 2.199
201606 1.731 101.688 2.203
201609 1.825 101.861 2.319
201612 1.805 101.863 2.293
201703 1.690 102.862 2.126
201706 1.725 103.349 2.160
201709 1.804 104.136 2.242
201712 1.724 104.011 2.145
201803 1.790 105.290 2.200
201806 1.827 106.317 2.224
201809 1.766 106.507 2.146
201812 1.843 105.998 2.250
201903 1.841 107.251 2.222
201906 1.880 108.070 2.251
201909 1.905 108.329 2.276
201912 1.828 108.420 2.182
202003 1.916 108.902 2.277
202006 2.878 108.767 3.424
202009 1.668 109.815 1.966
202012 1.718 109.897 2.023
202103 1.744 111.754 2.020
202106 1.632 114.631 1.843
202109 1.748 115.734 1.955
202112 1.779 117.630 1.957
202203 1.729 121.301 1.845
202206 1.932 125.017 2.000
202209 2.220 125.227 2.294
202212 2.311 125.222 2.388
202303 2.216 127.348 2.252
202306 2.133 128.729 2.144
202309 2.111 129.860 2.104
202312 0.809 129.419 0.809
202403 2.121 129.419 2.121

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


Associated Banc-Corp  (NYSE:ASB) 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.

Associated Banc-Corp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.37/8.55
=2.62

* 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 Associated Banc-Corp was 4.10. The lowest was 1.67. And the median was 2.67.


Be Aware

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


Associated Banc-Corp Cyclically Adjusted Revenue per Share Related Terms

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


Associated Banc-Corp (Associated Banc-Corp) Business Description

Industry
Traded in Other Exchanges
Address
433 Main Street, Green Bay, WI, USA, 54301
Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.
Executives
John A. Utz officer: Executive Vice President ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
David L Stein officer: Executive Vice President 433 MAIN STREET, GREEN BAY WI 54301
Jayne C Hladio officer: EVP, President Private Wealth C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Randall J. Erickson officer: Executive Vice President C/O ASSOCIATED BANC-CORP, 1200 HANSEN ROAD, GREEN BAY WI 54304
Michael J Haddad director C/O ASSOCIATED BANC CORP, 433 MAIN STREET, GREEN BAY WI 54301
Andrew J Harmening director, officer: President & CEO ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Karen Beckwith director 433 MAIN STREET, C/O ASSOCIATED BANC-CORP, GREEN BAY WI 54301
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
John B Williams director C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Terry Lynn Williams officer: Chief Information Officer C/O ASSOCIATED BANC CORP, 433 MAIN STREET, GREEN BAY WI 54301
Tammy C. Stadler officer: Principal Accounting Officer 330 E. KILBOURN, SUITE 200, MILWAUKEE WI 53202
Derek S. Meyer officer: EVP, Chief Financial Officer C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Bryan Carson officer: Executive Vice President C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Matthew R Braeger officer: Executive Vice President 433 MAIN STREET, GREEN BAY WI 54301
John P Thayer officer: Executive Vice President C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301