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Signature Bank (Signature Bank) Cyclically Adjusted Revenue per Share : $29.33 (As of Dec. 2022)


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What is Signature Bank 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.

Signature Bank's adjusted revenue per share for the three months ended in Dec. 2022 was $10.709. 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 $29.33 for the trailing ten years ended in Dec. 2022.

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 (2024-04-27), Signature Bank's current stock price is $3.35. Signature Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was $29.33. Signature Bank's Cyclically Adjusted PS Ratio of today is 0.11.


Signature Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Signature Bank'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.

Signature Bank Cyclically Adjusted Revenue per Share Chart

Signature Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.14 19.20 21.38 24.99 29.33

Signature Bank Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 24.99 26.38 27.89 28.68 29.33

Competitive Comparison of Signature Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Signature Bank'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.


Signature Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Signature Bank 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, Signature Bank's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=10.709/125.2218*125.2218
=10.709

Current CPI (Dec. 2022) = 125.2218.

Signature Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 3.278 98.209 4.180
201306 3.418 98.518 4.344
201309 3.647 98.790 4.623
201312 3.827 98.326 4.874
201403 4.020 99.695 5.049
201406 4.215 100.560 5.249
201409 4.222 100.428 5.264
201412 4.380 99.070 5.536
201503 4.571 99.621 5.746
201506 4.804 100.684 5.975
201509 5.029 100.392 6.273
201512 5.383 99.792 6.755
201603 5.419 100.470 6.754
201606 5.471 101.688 6.737
201609 5.592 101.861 6.874
201612 5.661 101.863 6.959
201703 5.760 102.862 7.012
201706 5.835 103.349 7.070
201709 5.837 104.136 7.019
201712 6.010 104.011 7.236
201803 5.981 105.290 7.113
201806 5.982 106.317 7.046
201809 6.031 106.507 7.091
201812 6.729 105.998 7.949
201903 6.135 107.251 7.163
201906 6.329 108.070 7.334
201909 6.367 108.329 7.360
201912 6.639 108.420 7.668
202003 6.879 108.902 7.910
202006 7.574 108.767 8.720
202009 7.815 109.815 8.911
202012 7.891 109.897 8.991
202103 7.909 111.754 8.862
202106 8.354 114.631 9.126
202109 8.574 115.734 9.277
202112 9.363 117.630 9.967
202203 9.786 121.301 10.102
202206 10.955 125.017 10.973
202209 11.452 125.227 11.452
202212 10.709 125.222 10.709

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


Signature Bank  (OTCPK:SBNY) 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.

Signature Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.35/29.33
=0.11

* 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.


Be Aware

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


Signature Bank Cyclically Adjusted Revenue per Share Related Terms

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Signature Bank (Signature Bank) Business Description

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Address
565 Fifth Avenue, New York, NY, USA, 10017
Signature Bank is a New York-based commercial bank. It is engaged in offering a wide range of business and personal banking products and services. The operating segments of the company are Commercial banking and Specialty finance. The company operates in New York and derives a majority of its revenue from the Commercial banking segment, which consists principally of commercial real estate lending, fund banking, venture banking, commercial and industrial lending, and commercial deposit gathering activities. Specialty Finance consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, municipal, and national franchise financing and leasing.

Signature Bank (Signature Bank) Headlines

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