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Banco BPM SpA (Banco BPM SpA) Cyclically Adjusted Revenue per Share : $24.49 (As of Dec. 2023)


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What is Banco BPM SpA 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 BPM SpA's adjusted revenue per share for the three months ended in Dec. 2023 was $0.973. 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 $24.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco BPM SpA's average Cyclically Adjusted Revenue Growth Rate was -8.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.60% 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 BPM SpA was -1.60% per year. The lowest was -1.60% per year. And the median was -1.60% per year.

As of today (2024-04-27), Banco BPM SpA's current stock price is $5.57. Banco BPM SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $24.49. Banco BPM SpA's Cyclically Adjusted PS Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banco BPM SpA was 0.31. The lowest was 0.08. And the median was 0.15.


Banco BPM SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Banco BPM SpA'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 BPM SpA Cyclically Adjusted Revenue per Share Chart

Banco BPM SpA 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 - 20.41 26.82 21.92 24.49

Banco BPM SpA Quarterly Data
Sep15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 27.14 21.92 - 20.93 24.49

Competitive Comparison of Banco BPM SpA's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Banco BPM SpA'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 BPM SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco BPM SpA's Cyclically Adjusted PS Ratio falls into.



Banco BPM SpA 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 BPM SpA'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)
=0.973/119.5000*119.5000
=0.973

Current CPI (Dec. 2023) = 119.5000.

Banco BPM SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201009 7.662 93.223 9.822
201012 9.470 93.755 12.070
201103 3.861 94.791 4.867
201106 4.701 95.442 5.886
201109 4.631 96.000 5.765
201112 4.287 96.837 5.290
201203 4.651 97.954 5.674
201206 3.558 98.605 4.312
201209 3.499 99.070 4.221
201212 2.831 99.070 3.415
201303 32.638 99.535 39.185
201306 40.561 99.814 48.561
201309 3.728 100.000 4.455
201312 4.528 99.721 5.426
201403 3.691 99.907 4.415
201406 2.510 100.093 2.997
201409 2.214 99.814 2.651
201412 2.413 99.721 2.892
201503 1.508 99.814 1.805
201506 1.847 100.279 2.201
201509 1.826 100.000 2.182
201512 2.896 99.814 3.467
201606 0.000 99.900 0.000
201612 0.000 100.300 0.000
201706 0.000 101.100 0.000
201712 0.000 101.200 0.000
201806 0.000 102.400 0.000
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202006 0.000 102.900 0.000
202012 0.835 102.600 0.973
202106 0.000 104.200 0.000
202112 0.732 106.600 0.821
202206 0.000 112.500 0.000
202209 0.739 114.200 0.773
202212 0.839 119.000 0.843
202306 0.000 119.700 0.000
202309 0.943 120.300 0.937
202312 0.973 119.500 0.973

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


Banco BPM SpA  (OTCPK:BNCZF) 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 BPM SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.57/24.49
=0.23

* 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 BPM SpA was 0.31. The lowest was 0.08. And the median was 0.15.


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 BPM SpA Cyclically Adjusted Revenue per Share Related Terms

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


Banco BPM SpA (Banco BPM SpA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco BPM SpA (OTCPK:BNCZF) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Piazza F. Meda, Milan, ITA, 20121
Banco BPM SpA is a financial services provider. It offers services including retail banking, corporate banking and private and investment banking/asset management.

Banco BPM SpA (Banco BPM SpA) Headlines

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