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Spar Nord Bank A/S (LTS:0JH4) Cyclically Adjusted Revenue per Share : kr22.21 (As of Dec. 2023)


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What is Spar Nord Bank A/S 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.

Spar Nord Bank A/S's adjusted revenue per share for the three months ended in Dec. 2023 was kr11.260. 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 kr22.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Spar Nord Bank A/S's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 Spar Nord Bank A/S was 7.10% per year. The lowest was -0.20% per year. And the median was 2.65% per year.

As of today (2024-04-29), Spar Nord Bank A/S's current stock price is kr68.80. Spar Nord Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was kr22.21. Spar Nord Bank A/S's Cyclically Adjusted PS Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Spar Nord Bank A/S was 4.01. The lowest was 1.39. And the median was 2.49.


Spar Nord Bank A/S Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Spar Nord Bank A/S'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.

Spar Nord Bank A/S Cyclically Adjusted Revenue per Share Chart

Spar Nord Bank A/S 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 28.82 28.10 23.89 21.00 22.21

Spar Nord Bank A/S 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 21.00 21.11 21.52 21.53 22.21

Competitive Comparison of Spar Nord Bank A/S's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Spar Nord Bank A/S'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.


Spar Nord Bank A/S's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Spar Nord Bank A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Spar Nord Bank A/S's Cyclically Adjusted PS Ratio falls into.



Spar Nord Bank A/S 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, Spar Nord Bank A/S'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)
=11.26/116.7000*116.7000
=11.260

Current CPI (Dec. 2023) = 116.7000.

Spar Nord Bank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.359 99.600 8.622
201406 5.503 99.700 6.441
201409 6.366 99.700 7.451
201412 6.444 99.400 7.566
201503 9.137 100.200 10.642
201506 6.110 100.300 7.109
201509 5.988 100.200 6.974
201512 5.702 99.800 6.668
201603 5.995 100.200 6.982
201606 7.069 100.600 8.200
201609 6.648 100.200 7.743
201612 6.431 100.300 7.483
201703 7.197 101.200 8.299
201706 6.659 101.200 7.679
201709 5.503 101.800 6.308
201712 5.917 101.300 6.817
201803 6.756 101.700 7.752
201806 7.394 102.300 8.435
201809 6.340 102.400 7.225
201812 5.324 102.100 6.085
201903 6.574 102.900 7.456
201906 6.787 102.900 7.697
201909 7.138 102.900 8.095
201912 21.421 102.900 24.294
202003 5.908 103.300 6.674
202006 7.375 103.200 8.340
202009 7.046 103.500 7.945
202012 7.080 103.400 7.991
202103 7.412 104.300 8.293
202106 8.035 105.000 8.930
202109 7.571 105.800 8.351
202112 7.738 106.600 8.471
202203 7.433 109.900 7.893
202206 7.126 113.600 7.320
202209 8.460 116.400 8.482
202212 10.944 115.900 11.020
202303 11.023 117.300 10.967
202306 11.850 116.400 11.881
202309 12.438 117.400 12.364
202312 11.260 116.700 11.260

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


Spar Nord Bank A/S  (LTS:0JH4) 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.

Spar Nord Bank A/S's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=68.80/22.21
=3.10

* 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 Spar Nord Bank A/S was 4.01. The lowest was 1.39. And the median was 2.49.


Be Aware

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


Spar Nord Bank A/S Cyclically Adjusted Revenue per Share Related Terms

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


Spar Nord Bank A/S (LTS:0JH4) Business Description

Industry
Traded in Other Exchanges
Address
Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100
Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.

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