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QNB (QNBC) Cyclically Adjusted Revenue per Share : $14.07 (As of Dec. 2023)


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What is QNB 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.

QNB's adjusted revenue per share for the three months ended in Dec. 2023 was $2.876. 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 $14.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, QNB's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% 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 QNB was 7.40% per year. The lowest was 3.00% per year. And the median was 5.20% per year.

As of today (2024-04-28), QNB's current stock price is $23.59. QNB's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.07. QNB's Cyclically Adjusted PS Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of QNB was 4.44. The lowest was 1.55. And the median was 3.01.


QNB Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for QNB'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.

QNB Cyclically Adjusted Revenue per Share Chart

QNB 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 11.36 11.63 12.68 13.62 14.07

QNB 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 13.85 14.00 14.14 14.07 -

Competitive Comparison of QNB's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, QNB'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.


QNB's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



QNB 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, QNB'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)
=2.876/129.4194*129.4194
=2.876

Current CPI (Dec. 2023) = 129.4194.

QNB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.496 99.695 3.240
201406 2.463 100.560 3.170
201409 2.448 100.428 3.155
201412 2.480 99.070 3.240
201503 2.509 99.621 3.259
201506 2.462 100.684 3.165
201509 2.534 100.392 3.267
201512 2.463 99.792 3.194
201603 2.575 100.470 3.317
201606 2.474 101.688 3.149
201609 2.564 101.861 3.258
201612 2.449 101.863 3.112
201703 2.878 102.862 3.621
201706 2.751 103.349 3.445
201709 2.834 104.136 3.522
201712 2.942 104.011 3.661
201803 2.838 105.290 3.488
201806 2.917 106.317 3.551
201809 3.133 106.507 3.807
201812 2.571 105.998 3.139
201903 3.190 107.251 3.849
201906 3.074 108.070 3.681
201909 3.229 108.329 3.858
201912 3.239 108.420 3.866
202003 2.154 108.902 2.560
202006 3.412 108.767 4.060
202009 3.426 109.815 4.038
202012 3.679 109.897 4.333
202103 3.916 111.754 4.535
202106 3.585 114.631 4.047
202109 3.346 115.734 3.742
202112 3.757 117.630 4.134
202203 3.474 121.301 3.707
202206 3.299 125.017 3.415
202209 3.325 125.227 3.436
202212 3.990 125.222 4.124
202303 3.243 127.348 3.296
202306 3.032 128.729 3.048
202309 3.312 129.860 3.301
202312 2.876 129.419 2.876

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


QNB  (OTCPK:QNBC) 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.

QNB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.59/14.07
=1.68

* 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 QNB was 4.44. The lowest was 1.55. And the median was 3.01.


Be Aware

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


QNB Cyclically Adjusted Revenue per Share Related Terms

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


QNB (QNBC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » QNB Corp (OTCPK:QNBC) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
15 North Third Street, P.O. Box 9005, Quakertown, PA, USA, 18951-9005
QNB Corp is a bank holding company based in the United States. It operates through its wholly-owned subsidiary, QNB Bank which engages in the general commercial banking business and offering a full range of banking services to its customers. Its business activities involve attracting deposits and using funds in making commercial loans, residential mortgage loans, consumer loans, and purchasing investment securities. The loan portfolio includes commercial loans, such as commercial and industrial, construction, and loans secured by commercial real estate and residential real estate, and retail loans, including home equity loans and lines, and consumer loans. It generates revenue from net interest income.
Executives
Jennifer L Mann director P. O. BOX 9005, QUAKERTOWN PA 18951
Randy S. Bimes director P.O. BOX 9005, QUAKERTOWN PA 18951-9005
Laurie Bergman director 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Ranajoy Ray-chaudhuri director PO BOX 9005, QUAKERTOWN PA 18951-9005
Brown Kenneth F Jr director P.O. BOX 9005, QUAKERTOWN PA 18951
Dennis Helf director P.O. BOX 9005, QUAKERTOWN PA 18951
Thomas J Bisko director, officer: President/CEO P.O. BOX 9005, QUAKERTOWN PA 18951
Autumn R Bayles director QNB CORP, P.O. BOX 9005, QUAKERTOWN PA 18951
W Randall Stauffer director P.O. BOX 9005, QUAKERTOWN PA 18951
Scott R Stevenson director P.O. BOX 9005, QUAKERTOWN PA 18951
Covelens Courtney Lee officer: EVP, Chief Retail Officer PO BOX 9005, QUAKERTOWN PA 18951-9005
Christina S Mcdonald officer: EVP, Marketing 523 KINGSTON ROAD, ORELAND PA 19075
Jeffrey Lehocky officer: EVP, Chief Financial Officer 15 NORTH THIRD STREET, P.O. BOX 9005, QUAKERTOWN PA 18951-9005
Mary Elizabeth Liddle officer: SVP Chief Acc Off, acting CFO P.O. BOX 9005, QUAKERTOWN PA 18951-8005
David W. Freeman officer: President/COO P.O. BOX 9005, QUAKERTOWN PA 18951

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