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1st Source (1st Source) Cyclically Adjusted Revenue per Share : $14.05 (As of Dec. 2023)


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What is 1st Source 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.

1st Source's adjusted revenue per share for the three months ended in Dec. 2023 was $3.742. 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 $14.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, 1st Source'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 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% 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 1st Source was 13.30% per year. The lowest was 0.50% per year. And the median was 5.10% per year.

As of today (2024-04-28), 1st Source's current stock price is $49.32. 1st Source's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.05. 1st Source's Cyclically Adjusted PS Ratio of today is 3.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of 1st Source was 5.67. The lowest was 2.48. And the median was 3.70.


1st Source Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for 1st Source'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.

1st Source Cyclically Adjusted Revenue per Share Chart

1st Source 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 10.77 11.17 12.12 13.25 14.05

1st Source 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 13.57 13.80 14.00 14.05 -

Competitive Comparison of 1st Source's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, 1st Source'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.


1st Source's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Source's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 1st Source's Cyclically Adjusted PS Ratio falls into.



1st Source 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, 1st Source'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)
=3.742/129.4194*129.4194
=3.742

Current CPI (Dec. 2023) = 129.4194.

1st Source Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.169 99.695 2.816
201406 2.038 100.560 2.623
201409 2.288 100.428 2.949
201412 2.313 99.070 3.022
201503 2.254 99.621 2.928
201506 2.411 100.684 3.099
201509 2.421 100.392 3.121
201512 2.460 99.792 3.190
201603 2.427 100.470 3.126
201606 2.498 101.688 3.179
201609 2.527 101.861 3.211
201612 2.541 101.863 3.228
201703 2.588 102.862 3.256
201706 2.700 103.349 3.381
201709 2.808 104.136 3.490
201712 2.872 104.011 3.574
201803 2.865 105.290 3.522
201806 3.012 106.317 3.667
201809 3.020 106.507 3.670
201812 3.092 105.998 3.775
201903 3.070 107.251 3.705
201906 3.205 108.070 3.838
201909 3.251 108.329 3.884
201912 3.170 108.420 3.784
202003 3.114 108.902 3.701
202006 3.103 108.767 3.692
202009 3.245 109.815 3.824
202012 3.457 109.897 4.071
202103 3.289 111.754 3.809
202106 3.255 114.631 3.675
202109 3.520 115.734 3.936
202112 3.387 117.630 3.726
202203 3.345 121.301 3.569
202206 3.495 125.017 3.618
202209 3.688 125.227 3.811
202212 3.842 125.222 3.971
202303 3.763 127.348 3.824
202306 3.698 128.729 3.718
202309 3.799 129.860 3.786
202312 3.742 129.419 3.742

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


1st Source  (NAS:SRCE) 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.

1st Source's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.32/14.05
=3.51

* 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 1st Source was 5.67. The lowest was 2.48. And the median was 3.70.


Be Aware

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


1st Source Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of 1st Source's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


1st Source (1st Source) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » 1st Source Corp (NAS:SRCE) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
100 North Michigan Street, South Bend, IN, USA, 46601
1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services which includes wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients, and Specialty Finance Group Services that provide a broad range of comprehensive equipment loan and lease products addressing the financing needs of a broad array of companies.
Executives
Daniel B Fitzpatrick director 4220 EDISON LAKES PKWY, C/O QUALITY DINING INC, MISHAWAKA IN 46545
Mark D Schwabero director BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Isaac P. Torres director P O BOX 1602, SOUTH BEND IN 46634
Brett A. Bauer officer: Treasurer and CFO P O BOX 1602, SOUTH BEND IN 46634
Andrea G Short officer: Treasurer and CFO PO BOX 1602, SOUTH BEND IN 46634
Weybright Ronda Shrewsbury director P O BOX 1602, SOUTH BEND IN 46634
Tracy D Graham director PO BOX 1602, SOUTH BEND IN 46634
John T Phair director P.O. BOX 1602, SOUTH BEND IN 46634
Melody Birmingham-byrd director PO BOX 1602, SOUTH BEND IN 46634
Todd F. Schurz director P O BOX 1602, SOUTH BEND IN 46634
Murphy Christopher J Iii director, officer: Chairman, CEO P O BOX 1602, SOUTH BEND IN 46634
Carmen C Murphy 10 percent owner 1237 EAST JEFFERSON BOULEVARD, SOUTH BEND IN 46617
John B Griffith officer: Sr. VP/Secy. 1st Source Bank P O BOX 1602, SOUTH BEND IN 46634
John Afleck-graves director 3820 EDISON LAKES PARKWAY, MISHAWAKA IN 46545
Jeffrey L Buhr officer: Senior Vice President PO BOX 1602, SOUTH BEND IN 46634

1st Source (1st Source) Headlines