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First Financial (First Financial) Cyclically Adjusted Revenue per Share : $15.85 (As of Dec. 2023)


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What is First 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.

First Financial's adjusted revenue per share for the three months ended in Dec. 2023 was $4.320. 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 $15.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, First Financial's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% 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 First Financial was 7.50% per year. The lowest was 2.30% per year. And the median was 4.70% per year.

As of today (2024-04-28), First Financial's current stock price is $36.86. First Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.85. First Financial's Cyclically Adjusted PS Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Financial was 4.81. The lowest was 2.01. And the median was 3.27.


First Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First 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.

First Financial Cyclically Adjusted Revenue per Share Chart

First 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 12.35 12.75 13.85 15.04 15.85

First Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.04 15.39 15.65 15.86 15.85

Competitive Comparison of First Financial's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, First 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.


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

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

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



First 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, First 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)
=4.32/129.4194*129.4194
=4.320

Current CPI (Dec. 2023) = 129.4194.

First Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.791 99.695 3.623
201406 2.708 100.560 3.485
201409 2.837 100.428 3.656
201412 2.923 99.070 3.818
201503 2.785 99.621 3.618
201506 2.767 100.684 3.557
201509 2.860 100.392 3.687
201512 2.783 99.792 3.609
201603 3.837 100.470 4.943
201606 2.801 101.688 3.565
201609 2.813 101.861 3.574
201612 2.855 101.863 3.627
201703 3.074 102.862 3.868
201706 2.836 103.349 3.551
201709 2.916 104.136 3.624
201712 2.935 104.011 3.652
201803 2.905 105.290 3.571
201806 3.561 106.317 4.335
201809 3.079 106.507 3.741
201812 3.084 105.998 3.765
201903 3.018 107.251 3.642
201906 3.214 108.070 3.849
201909 3.329 108.329 3.977
201912 3.625 108.420 4.327
202003 3.307 108.902 3.930
202006 3.257 108.767 3.875
202009 3.520 109.815 4.148
202012 3.683 109.897 4.337
202103 3.267 111.754 3.783
202106 3.471 114.631 3.919
202109 3.619 115.734 4.047
202112 3.719 117.630 4.092
202203 4.111 121.301 4.386
202206 4.143 125.017 4.289
202209 4.593 125.227 4.747
202212 4.506 125.222 4.657
202303 4.454 127.348 4.526
202306 4.379 128.729 4.402
202309 4.435 129.860 4.420
202312 4.320 129.419 4.320

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


First Financial  (NAS:THFF) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.86/15.85
=2.33

* 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 First Financial was 4.81. The lowest was 2.01. And the median was 3.27.


Be Aware

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


First Financial Cyclically Adjusted Revenue per Share Related Terms

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


First Financial (First Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
One First Financial Plaza, Terre Haute, IN, USA, 47807
First Financial Corp operates as a financial holding company, which is engaged in the provision of financial services in the United States. The company offers a wide variety of financial services including commercial, mortgage, and consumer lending, lease financing, trust account services, depositor services, and insurance services, through its subsidiaries. Its primary source of revenue is derived from loans to customers and investment activities.
Executives
Susan M Jensen director 3935 NORTH RANDALL STREET, TERRE HAUTE IN 47805
Pierson Paul Joseph Ii director 1214 LADBROOKE DRIVE, EVANSVILLE IN 47725
James O Mcdonald director 8305 N COAL CREEK PLACE, WEST TERRE HAUTE IN 47885
William Randolph Krieble director 6158 BIG STONE DR., INDIANAPOLIS IN 46234
Thomas T Dinkel director 100 HAMILTON DR, TERRE HAUTE IN 47803
William Curtis Brighton director INDIANAPOLIS MOTOR SPEEDWAY, 4790 WEST 16TH STREET, INDIANAPOLIS IN 46222
Tina Jane Maher director 2000 BOLTON ROAD, WEST TERRE HAUTE IN 47885
Thomas Craig Martin director 2609 STERLING AVENUE, BLOOMINGTON IN 47401
Richard Jerome Shagley director 1924 S FRUITRIDGE AVENUE, TERRE HAUTE IN 47803
Blade Mark Jason Sr director 3755 NORTH ANDERSON DRIVE, TERRE HAUTE IN 47803
Mark Allen Franklin officer: Chief Lending Officer 2600 S ROBINS BOW, BLOOMINGTON IN 47401
Michael A Carty director 322 S WASHINGTON ST, CLINTON IN 47842
Gregory L Gibson director 12081 EAST RIO GRANDE, BRAZIL IN 47834
Norman L Lowery director, officer: President & C.E.O. 93 ALLENDALE, TERRE HAUTE IN 47802
Norman D Lowery officer: Chief Operations Officer ONE FIRST FINANCIAL PLAZA, TERRE HAUTE X1 47807

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