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Old National Bancorp (Old National Bancorp) Cyclically Adjusted Revenue per Share : $6.00 (As of Mar. 2024)


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What is Old National Bancorp 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.

Old National Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was $1.485. 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 $6.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Old National Bancorp's average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% 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 Old National Bancorp was 6.00% per year. The lowest was -2.60% per year. And the median was 2.40% per year.

As of today (2024-05-16), Old National Bancorp's current stock price is $17.58. Old National Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.00. Old National Bancorp's Cyclically Adjusted PS Ratio of today is 2.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Old National Bancorp was 4.00. The lowest was 1.97. And the median was 2.83.


Old National Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Old National Bancorp'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.

Old National Bancorp Cyclically Adjusted Revenue per Share Chart

Old National Bancorp 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 5.19 5.24 5.53 5.85 6.02

Old National Bancorp 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 5.94 6.00 6.05 6.02 6.00

Competitive Comparison of Old National Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Old National Bancorp'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.


Old National Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Old National Bancorp's Cyclically Adjusted PS Ratio falls into.



Old National Bancorp 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, Old National Bancorp's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.485/129.4194*129.4194
=1.485

Current CPI (Mar. 2024) = 129.4194.

Old National Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.276 100.560 1.642
201409 1.431 100.428 1.844
201412 1.242 99.070 1.622
201503 1.226 99.621 1.593
201506 1.263 100.684 1.623
201509 1.274 100.392 1.642
201512 1.260 99.792 1.634
201603 1.173 100.470 1.511
201606 1.155 101.688 1.470
201609 1.132 101.861 1.438
201612 1.260 101.863 1.601
201703 1.086 102.862 1.366
201706 1.119 103.349 1.401
201709 1.129 104.136 1.403
201712 1.100 104.011 1.369
201803 1.107 105.290 1.361
201806 1.176 106.317 1.432
201809 1.147 106.507 1.394
201812 1.162 105.998 1.419
201903 1.092 107.251 1.318
201906 1.189 108.070 1.424
201909 1.207 108.329 1.442
201912 1.155 108.420 1.379
202003 1.195 108.902 1.420
202006 1.235 108.767 1.469
202009 1.272 109.815 1.499
202012 1.326 109.897 1.562
202103 1.236 111.754 1.431
202106 1.214 114.631 1.371
202109 1.242 115.734 1.389
202112 1.193 117.630 1.313
202203 1.269 121.301 1.354
202206 1.462 125.017 1.513
202209 1.562 125.227 1.614
202212 1.896 125.222 1.960
202303 1.545 127.348 1.570
202306 1.592 128.729 1.601
202309 1.563 129.860 1.558
202312 1.591 129.419 1.591
202403 1.485 129.419 1.485

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


Old National Bancorp  (NAS:ONB) 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.

Old National Bancorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.58/6
=2.93

* 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 Old National Bancorp was 4.00. The lowest was 1.97. And the median was 2.83.


Be Aware

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


Old National Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Old National Bancorp (Old National Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
One Main Street, Evansville, IN, USA, 47708
Old National Bancorp with almost $10 billion in assets following its latest acquisition, Old National Bancorp is a financial services bank holding company headquartered in Indiana. Based in Evansville, Ind., Old National owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and brokerage, trust, and investment advisory services.
Executives
Michael L Scudder director, officer: Executive Chairman 300 PARK BLVD, SUITE 405, ITASCA IL 60143
Ryan James C Iii officer: SENIOR VP & TREASURER ONE MAIN STREET, EVANSVILLE IN 47708
Kathryn Hayley director C/O AON CORPORATION, LAW DEPT, 200 EAST RANDOLPH STREET, 8TH FLOOR, CHICAGO IL 60601
Thomas Lynn Brown director 8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Peter J Henseler director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Ellen A Rudnick director 5807 SOUTH WOODLAWN AVENUE, MP POLSKY CENTER FOR ENTREPRENEURSHIP, CHICAGO IL 60637
Mark G Sander officer: President and COO 1200 HANSEN ROAD, GREEN BAY WI 54304
Angela L Putnam officer: CAO and Corporate Controller ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Nicholas J Chulos officer: Chief Legal Officer & Corp Sec ONE PIERCE PLACE, SUITE, ITASCA IL 60143
Chady M. Alahmar officer: CEO, Wealth Management ONE MAIN STREET, EVANSVILLE IN 47708
Barbara A Boigegrain director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Michael Small director C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719
Van Arsdell Stephen C director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Austin M Ramirez director ONE MAIN STREET, EVANSVILLE IN 47708
Ryan C Kitchell director ONE MAIN STREET, EVANSVILLE IN 47708

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