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BOK Financial (BOK Financial) Cyclically Adjusted Revenue per Share : $27.96 (As of Dec. 2023)


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What is BOK Financial 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.

BOK Financial's adjusted revenue per share for the three months ended in Dec. 2023 was $6.998. 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 $27.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BOK Financial's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% 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 BOK Financial was 12.90% per year. The lowest was 3.80% per year. And the median was 6.55% per year.

As of today (2024-04-27), BOK Financial's current stock price is $90.83. BOK Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $27.96. BOK Financial's Cyclically Adjusted PS Ratio of today is 3.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BOK Financial was 5.11. The lowest was 1.71. And the median was 3.72.


BOK Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BOK Financial'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.

BOK Financial Cyclically Adjusted Revenue per Share Chart

BOK Financial 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 21.81 22.61 24.66 26.47 27.96

BOK Financial 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 27.09 27.55 27.96 27.96 -

Competitive Comparison of BOK Financial's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, BOK Financial'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.


BOK Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



BOK Financial 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, BOK Financial'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)
=6.998/129.4194*129.4194
=6.998

Current CPI (Dec. 2023) = 129.4194.

BOK Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.354 99.695 5.652
201406 4.733 100.560 6.091
201409 4.723 100.428 6.086
201412 4.506 99.070 5.886
201503 4.734 99.621 6.150
201506 5.040 100.684 6.478
201509 4.914 100.392 6.335
201512 4.856 99.792 6.298
201603 5.015 100.470 6.460
201606 5.397 101.688 6.869
201609 5.513 101.861 7.005
201612 4.949 101.863 6.288
201703 5.533 102.862 6.962
201706 5.794 103.349 7.256
201709 5.875 104.136 7.301
201712 5.520 104.011 6.868
201803 5.634 105.290 6.925
201806 5.813 106.317 7.076
201809 6.073 106.507 7.379
201812 5.827 105.998 7.115
201903 5.917 107.251 7.140
201906 6.290 108.070 7.533
201909 6.381 108.329 7.623
201912 6.048 108.420 7.219
202003 6.301 108.902 7.488
202006 6.990 108.767 8.317
202009 6.953 109.815 8.194
202012 5.584 109.897 6.576
202103 6.268 111.754 7.259
202106 6.455 114.631 7.288
202109 7.330 115.734 8.197
202112 5.320 117.630 5.853
202203 5.137 121.301 5.481
202206 6.422 125.017 6.648
202209 7.396 125.227 7.644
202212 7.989 125.222 8.257
202303 7.906 127.348 8.035
202306 7.925 128.729 7.968
202309 7.463 129.860 7.438
202312 6.998 129.419 6.998

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


BOK Financial  (NAS:BOKF) 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.

BOK Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=90.83/27.96
=3.25

* 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 BOK Financial was 5.11. The lowest was 1.71. And the median was 3.72.


Be Aware

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


BOK Financial Cyclically Adjusted Revenue per Share Related Terms

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


BOK Financial (BOK Financial) Business Description

Industry
Traded in Other Exchanges
Address
Boston Avenue at Second Street, P.O. Box 2300, Bank of Oklahoma Tower, Tulsa, OK, USA, 74172
BOK Financial Corp is the largest financial institution in Oklahoma and it provides a comprehensive range of nationally competitive financial products and services. Its operating segments consist of commercial banking, consumer banking, wealth management, and Funds Management and Other. The company has various products and services including cash management services, loans and deposits, fiduciary and insurance services, mortgage banking and brokerage and trading services. It generates maximum revenue from the commercial banking segment. Its commercial banking segment includes lending, treasury and cash management services, and customer risk management products to small businesses, middle market, and larger commercial customers.
Executives
Douglas D. Hawthorne director 4425 POTOMAC AVE., DALLAS TX 75205
Steven Bangert director 1600 BROADWAY, #1500, DENVER CO 80202
Brad A Vincent officer: EVP - Corporate Banking C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Martin E Grunst officer: EVP, Chief Risk Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Joullian Edward C Iv director C/O FREDERIC DORWART, LAWYERS PLLC, 124 E FOURTH STREET, TULSA OK 74103
Mindy M. Mahaney officer: EVP, Chief Risk Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Pedro Claudia San director 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Ball C Fred Jr director, officer: Chairman/CEO - Bank of Texas C/O FREDERIC DORWART, LAWYERS PLLC, 124 E FOURTH STREET, TULSA OK 74103
Marc Maun officer: President-Bank of Kansas City C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST 4TH STREET, TULSA OK 74103
Steven E Nell officer: Exec. VP and CFO C/O FREDERIC DORWART, LAWYERS PLLC, 124 E FOURTH STREET, TULSA OK 74103
Norman P Bagwell officer: CEO - Bank of Texas C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Steven G Bradshaw officer: Sr Exec VP-Bank of Oklahoma C/O FREDERIC DORWART, LAWYERS PLLC, 124 E FOURTH STREET, TULSA OK 74103
Jeffrey A. Reid officer: EVP, Chief HR Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Michael J. Rogers officer: EVP, Chief Accounting Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
James A Dietz officer: EVP, Chief Credit Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103