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Bank Hapoalim BM (Bank Hapoalim BM) Cyclically Adjusted Revenue per Share : $17.04 (As of Dec. 2023)


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What is Bank Hapoalim BM 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.

Bank Hapoalim BM's adjusted revenue per share for the three months ended in Dec. 2023 was $4.929. 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 $17.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bank Hapoalim BM's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 5 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 Bank Hapoalim BM was 6.00% per year. The lowest was 2.40% per year. And the median was 4.20% per year.

As of today (2024-05-12), Bank Hapoalim BM's current stock price is $44.45. Bank Hapoalim BM's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.04. Bank Hapoalim BM's Cyclically Adjusted PS Ratio of today is 2.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank Hapoalim BM was 3.13. The lowest was 1.65. And the median was 2.44.


Bank Hapoalim BM Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bank Hapoalim BM'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.

Bank Hapoalim BM Cyclically Adjusted Revenue per Share Chart

Bank Hapoalim BM 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 15.63 16.07 18.26 16.47 17.04

Bank Hapoalim BM 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 16.47 18.02 17.36 16.86 17.04

Competitive Comparison of Bank Hapoalim BM's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Bank Hapoalim BM'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.


Bank Hapoalim BM's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank Hapoalim BM 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, Bank Hapoalim BM'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)
=4.929/129.4194*129.4194
=4.929

Current CPI (Dec. 2023) = 129.4194.

Bank Hapoalim BM Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.347 99.695 4.345
201406 3.662 100.560 4.713
201409 3.494 100.428 4.503
201412 3.600 99.070 4.703
201503 3.600 99.621 4.677
201506 3.813 100.684 4.901
201509 3.545 100.392 4.570
201512 3.474 99.792 4.505
201603 3.527 100.470 4.543
201606 3.939 101.688 5.013
201609 3.574 101.861 4.541
201612 1.844 101.863 2.343
201703 3.590 102.862 4.517
201706 3.173 103.349 3.973
201709 3.241 104.136 4.028
201712 3.035 104.011 3.776
201803 3.174 105.290 3.901
201806 3.553 106.317 4.325
201809 3.649 106.507 4.434
201812 3.597 105.998 4.392
201903 3.185 107.251 3.843
201906 3.640 108.070 4.359
201909 3.238 108.329 3.868
201912 3.351 108.420 4.000
202003 3.309 108.902 3.932
202006 3.181 108.767 3.785
202009 3.305 109.815 3.895
202012 3.222 109.897 3.794
202103 3.583 111.754 4.149
202106 3.540 114.631 3.997
202109 3.642 115.734 4.073
202112 3.561 117.630 3.918
202203 3.869 121.301 4.128
202206 4.083 125.017 4.227
202209 4.789 125.227 4.949
202212 5.202 125.222 5.376
202303 5.370 127.348 5.457
202306 5.753 128.729 5.784
202309 5.322 129.860 5.304
202312 4.929 129.419 4.929

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


Bank Hapoalim BM  (OTCPK:BKHYY) 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.

Bank Hapoalim BM's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.45/17.04
=2.61

* 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 Bank Hapoalim BM was 3.13. The lowest was 1.65. And the median was 2.44.


Be Aware

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


Bank Hapoalim BM Cyclically Adjusted Revenue per Share Related Terms

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


Bank Hapoalim BM (Bank Hapoalim BM) Business Description

Industry
Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.