GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Live Oak Bancshares Inc (NYSE:LOB) » Definitions » Cyclically Adjusted Revenue per Share

Live Oak Bancshares (Live Oak Bancshares) Cyclically Adjusted Revenue per Share : $6.76 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Live Oak Bancshares 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.

Live Oak Bancshares's adjusted revenue per share for the three months ended in Dec. 2023 was $2.232. 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 $6.76 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-28), Live Oak Bancshares's current stock price is $33.18. Live Oak Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.76. Live Oak Bancshares's Cyclically Adjusted PS Ratio of today is 4.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Live Oak Bancshares was 6.76. The lowest was 3.21. And the median was 4.93.


Live Oak Bancshares Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Live Oak Bancshares'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.

Live Oak Bancshares Cyclically Adjusted Revenue per Share Chart

Live Oak Bancshares 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 - - - - 6.76

Live Oak Bancshares 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 6.40 6.55 6.73 6.76 -

Competitive Comparison of Live Oak Bancshares's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Live Oak Bancshares'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.


Live Oak Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Live Oak Bancshares's Cyclically Adjusted PS Ratio falls into.



Live Oak Bancshares 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, Live Oak Bancshares'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)
=2.232/129.4194*129.4194
=2.232

Current CPI (Dec. 2023) = 129.4194.

Live Oak Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.550 99.695 0.714
201406 0.677 100.560 0.871
201409 0.701 100.428 0.903
201412 0.637 99.070 0.832
201503 0.847 99.621 1.100
201506 0.715 100.684 0.919
201509 0.700 100.392 0.902
201512 0.916 99.792 1.188
201603 0.874 100.470 1.126
201606 0.814 101.688 1.036
201609 1.036 101.861 1.316
201612 0.982 101.863 1.248
201703 1.133 102.862 1.426
201706 1.226 103.349 1.535
201709 1.151 104.136 1.430
201712 1.184 104.011 1.473
201803 1.302 105.290 1.600
201806 1.368 106.317 1.665
201809 1.216 106.507 1.478
201812 0.899 105.998 1.098
201903 1.082 107.251 1.306
201906 1.171 108.070 1.402
201909 1.260 108.329 1.505
201912 1.397 108.420 1.668
202003 1.118 108.902 1.329
202006 1.533 108.767 1.824
202009 2.334 109.815 2.751
202012 1.815 109.897 2.137
202103 2.141 111.754 2.479
202106 3.119 114.631 3.521
202109 2.236 115.734 2.500
202112 2.309 117.630 2.540
202203 2.420 121.301 2.582
202206 1.927 125.017 1.995
202209 2.263 125.227 2.339
202212 2.114 125.222 2.185
202303 2.236 127.348 2.272
202306 2.388 128.729 2.401
202309 2.758 129.860 2.749
202312 2.232 129.419 2.232

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


Live Oak Bancshares  (NYSE:LOB) 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.

Live Oak Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.18/6.76
=4.91

* 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 Live Oak Bancshares was 6.76. The lowest was 3.21. And the median was 4.93.


Be Aware

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


Live Oak Bancshares Cyclically Adjusted Revenue per Share Related Terms

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


Live Oak Bancshares (Live Oak Bancshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1741 Tiburon Drive, Wilmington, NC, USA, 28403
Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.
Executives
Steve Smits officer: Chief Credit Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
John W. Sutherland officer: Chief Accounting Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Renato Derraik officer: Chief Info. & Digital Officer C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
David G Lucht director II CASCADE PLAZA, AKRON OH 44308
William Henderson Cameron director POST OFFICE BOX 3649, WILMINGTON NC 28406
Micah S Davis officer: Chief Marketing & Comm Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Yousef A. Valine director 165 MADISON AVENUE, MEMPHIS TN 38103
Diane Beth Glossman director 2820 RIVER ROAD, NEW HOPE PA 18938
Casey S Crawford director 1741 TIBURON DRIVE, WILMINGTON NC 28403
Stephanie Mann officer: Chief Strategy Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Spencer Courtney officer: Chief Experience Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Losch William C Iii officer: Chief Financial Officer 165 MADISON AVENUE, MEMPHIS TN 38103
Tonya Williams Bradford director C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
Williams William L. Iii director 1741 TIBURON DRIVE, WILMINGTON NC 28403
Neil Lawrence Underwood director, officer: President 1420 CANOOCHEE DRIVE, ATLANTA GA 30319