GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Peapack Gladstone Financial Corp (NAS:PGC) » Definitions » Cyclically Adjusted Revenue per Share

Peapack Gladstone Financial (Peapack Gladstone Financial) Cyclically Adjusted Revenue per Share : $10.83 (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Peapack Gladstone 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.

Peapack Gladstone Financial's adjusted revenue per share for the three months ended in Dec. 2023 was $2.814. 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 $10.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Peapack Gladstone Financial's average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% 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 Peapack Gladstone Financial was 8.10% per year. The lowest was 2.10% per year. And the median was 3.30% per year.

As of today (2024-04-27), Peapack Gladstone Financial's current stock price is $22.74. Peapack Gladstone Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.83. Peapack Gladstone Financial's Cyclically Adjusted PS Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Peapack Gladstone Financial was 4.68. The lowest was 1.62. And the median was 3.08.


Peapack Gladstone Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Peapack Gladstone 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.

Peapack Gladstone Financial Cyclically Adjusted Revenue per Share Chart

Peapack Gladstone 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 8.32 8.58 9.38 10.25 10.83

Peapack Gladstone 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 10.50 10.70 10.84 10.83 -

Competitive Comparison of Peapack Gladstone Financial's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Peapack Gladstone 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.


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

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

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



Peapack Gladstone 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, Peapack Gladstone 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)
=2.814/129.4194*129.4194
=2.814

Current CPI (Dec. 2023) = 129.4194.

Peapack Gladstone Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.701 99.695 2.208
201406 1.827 100.560 2.351
201409 1.815 100.428 2.339
201412 1.755 99.070 2.293
201503 1.649 99.621 2.142
201506 1.729 100.684 2.222
201509 1.723 100.392 2.221
201512 1.765 99.792 2.289
201603 1.814 100.470 2.337
201606 1.906 101.688 2.426
201609 1.878 101.861 2.386
201612 1.870 101.863 2.376
201703 1.830 102.862 2.302
201706 1.979 103.349 2.478
201709 2.142 104.136 2.662
201712 2.117 104.011 2.634
201803 2.042 105.290 2.510
201806 2.135 106.317 2.599
201809 2.032 106.507 2.469
201812 2.095 105.998 2.558
201903 2.123 107.251 2.562
201906 2.161 108.070 2.588
201909 2.284 108.329 2.729
201912 2.424 108.420 2.893
202003 2.425 108.902 2.882
202006 2.340 108.767 2.784
202009 2.737 109.815 3.226
202012 2.407 109.897 2.835
202103 2.540 111.754 2.941
202106 2.650 114.631 2.992
202109 2.749 115.734 3.074
202112 2.771 117.630 3.049
202203 2.868 121.301 3.060
202206 3.295 125.017 3.411
202209 3.361 125.227 3.474
202212 3.346 125.222 3.458
202303 3.397 127.348 3.452
202306 3.180 128.729 3.197
202309 3.102 129.860 3.091
202312 2.814 129.419 2.814

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


Peapack Gladstone Financial  (NAS:PGC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.74/10.83
=2.10

* 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 Peapack Gladstone Financial was 4.68. The lowest was 1.62. And the median was 3.08.


Be Aware

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


Peapack Gladstone Financial Cyclically Adjusted Revenue per Share Related Terms

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


Peapack Gladstone Financial (Peapack Gladstone Financial) Business Description

Traded in Other Exchanges
N/A
Address
500 Hills Drive, Suite 300, Bedminster, NJ, USA, 07921
Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Peapack Private Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and internet banking services. Peapack Private includes asset management services for individuals and institutions; personal trust services, administrator, custodian and guardian, and other financial planning and advisory services.
Executives
Stuart M. Vorcheimer officer: EVP, Comm & Ind Lndg 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Frank A. Cavallaro officer: SEVP & Chief Financial Officer 132 YALE AVENUE, SOMERDALE NJ 08083
Patrick Campion director C/O ANJIE LAROCCA, DEUTSCHE ASSET MGMT, 345 PARK AVENUE, NEW YORK NY 10154
John P Babcock officer: SEVP & Pres of Priv Wealth Mgt 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Anthony W. Spinelli director 500 HILLS DRIVE, SUITE 300, P.O. BOX 700, BEDMINSTER NJ 07921
Robert A. Plante officer: EVP, Chief Operating Officer 500 HILLS DRIVE, SUITE 300, P.O. BOX 700, BEDMINSTER NJ 07921
Carmen M Bowser director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
F Duffield Meyercord director
Douglas L Kennedy director, officer: President & CEO C/O PEAPACK GLADSTONE FINANCIAL CORP, 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921-1538
Francesco S Rossi officer: SVP/Chief Accounting Officer 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Vincent A Spero officer: EVP, Head of Comml Real Estate 190 MAIN STREET, PO BOX 178, GLADSTONE NJ 07934
Peter D. Horst director 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Steven A Kass director 226 LANDIS AVENUE, VINELAND NJ 08360
Jeffrey J Carfora officer: SEVP & Chief Financial Officer C/O PENNFED FINANCIAL SERVICES INC, 622 EAGLE ROCK AVENUE, WEST ORANGE NJ 07052
Gregory Martin Smith officer: EVP, Head of Comml Banking 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921