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Primis Financial (Primis Financial) Cyclically Adjusted Revenue per Share : $4.74 (As of Sep. 2023)


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What is Primis 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.

Primis Financial's adjusted revenue per share for the three months ended in Sep. 2023 was $1.504. 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 $4.74 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Primis Financial's average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% 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 Primis Financial was 8.90% per year. The lowest was 7.40% per year. And the median was 8.10% per year.

As of today (2024-04-27), Primis Financial's current stock price is $10.17. Primis Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $4.74. Primis Financial's Cyclically Adjusted PS Ratio of today is 2.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Primis Financial was 6.65. The lowest was 1.56. And the median was 4.48.


Primis Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Primis 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.

Primis Financial Cyclically Adjusted Revenue per Share Chart

Primis 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 3.45 3.63 4.00 4.40 -

Primis Financial 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 4.40 4.54 4.64 4.74 -

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

For the Banks - Regional subindustry, Primis 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.


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

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

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



Primis 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, Primis Financial's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.504/129.8595*129.8595
=1.504

Current CPI (Sep. 2023) = 129.8595.

Primis Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.685 98.326 0.905
201403 0.697 99.695 0.908
201406 0.705 100.560 0.910
201409 0.766 100.428 0.990
201412 0.776 99.070 1.017
201503 0.757 99.621 0.987
201506 0.808 100.684 1.042
201509 0.782 100.392 1.012
201512 0.828 99.792 1.077
201603 0.817 100.470 1.056
201606 0.856 101.688 1.093
201609 0.869 101.861 1.108
201612 0.838 101.863 1.068
201703 0.817 102.862 1.031
201706 0.905 103.349 1.137
201709 1.083 104.136 1.351
201712 1.008 104.011 1.259
201803 1.007 105.290 1.242
201806 1.039 106.317 1.269
201809 1.013 106.507 1.235
201812 1.039 105.998 1.273
201903 0.963 107.251 1.166
201906 0.957 108.070 1.150
201909 0.954 108.329 1.144
201912 0.969 108.420 1.161
202003 0.940 108.902 1.121
202006 1.005 108.767 1.200
202009 1.032 109.815 1.220
202012 1.344 109.897 1.588
202103 1.114 111.754 1.294
202106 0.984 114.631 1.115
202109 1.038 115.734 1.165
202112 1.119 117.630 1.235
202203 1.014 121.301 1.086
202206 1.102 125.017 1.145
202209 1.338 125.227 1.388
202212 1.646 125.222 1.707
202303 1.618 127.348 1.650
202306 1.406 128.729 1.418
202309 1.504 129.860 1.504

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


Primis Financial  (NAS:FRST) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.17/4.74
=2.15

* 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 Primis Financial was 6.65. The lowest was 1.56. And the median was 4.48.


Be Aware

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


Primis Financial Cyclically Adjusted Revenue per Share Related Terms

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


Primis Financial (Primis Financial) Business Description

Industry
Traded in Other Exchanges
Address
6830 Old Dominion Drive, McLean, VA, USA, 22101
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.
Executives
Rickey Allen Fulk officer: EVP, President 1194 ELSOM MASCOT ROAD, MATTAPONI VA 23110
Charles A Kabbash director 308 EAST MARKET ST., CHARLOTTESVILLE VA 22902
Clinton Tyler Stafford officer: Pres Panacea Financial 4612 CLUB ROAD, LITTLE ROCK AR 72207
Susan B Williamson officer: EVP, Director of Reg Relations 32482 JENKINS MILL ROAD, FRANKLIN VA 23851
William Rand Cook director 4459 CROWN HILL ROAD, MECHANICSVILLE VA 23111
Robert Yates Clagett director 17017 RIVER AIRPORT ROAD, BRANDYWINE MD 20613
Eric Alan Johnson director P O BOX 517, URBANNA VA 23175
Matthew Alan Switzer officer: EVP, CFO 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Jones Allen R Jr. director 304 MARCELLA ROAD, SUITE E, HAMPTON VA 23666
Garrett F L Iii director 268 CATHCHPENNY LANE, BOWLERS WHARF VA 22560
John Fitzgerald Biagas director 627 36TH STREET, NEWPORT NEWS VA 23607
Ann-stanton C Gore officer: EVP, Chief Marketing Officer 1700 WOODLAKE DRIVE, COLUMBIA SC 29206
Barry P Almond officer: EVP, Head of Retail/Marketing 14319 NICOLAY WAY, MIDLOTHIAN VA 23114
Deborah Diaz director 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Julia E Fredricks officer: EVP, Chief Risk Officer 11032 SLENDERLEAF DRIVE, GLEN ALLEN VA 23060