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Bank of Nova Scotia (Bank of Nova Scotia) Cyclically Adjusted Revenue per Share : $19.92 (As of Jan. 2024)


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What is Bank of Nova Scotia 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.

Bank of Nova Scotia's adjusted revenue per share for the three months ended in Jan. 2024 was $5.117. 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 $19.92 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Bank of Nova Scotia's average Cyclically Adjusted Revenue Growth Rate was 4.50% 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 6.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% 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 Bank of Nova Scotia was 7.50% per year. The lowest was 4.40% per year. And the median was 5.80% per year.

As of today (2024-05-22), Bank of Nova Scotia's current stock price is $47.93. Bank of Nova Scotia's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $19.92. Bank of Nova Scotia's Cyclically Adjusted PS Ratio of today is 2.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank of Nova Scotia was 4.96. The lowest was 2.09. And the median was 3.71.


Bank of Nova Scotia Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bank of Nova Scotia'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.

Bank of Nova Scotia Cyclically Adjusted Revenue per Share Chart

Bank of Nova Scotia Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.66 16.14 18.79 18.70 19.27

Bank of Nova Scotia Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 19.27 19.32 20.15 19.27 19.92

Competitive Comparison of Bank of Nova Scotia's Cyclically Adjusted Revenue per Share

For the Banks - Diversified subindustry, Bank of Nova Scotia'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.


Bank of Nova Scotia's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank of Nova Scotia 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, Bank of Nova Scotia's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.117/125.0724*125.0724
=5.117

Current CPI (Jan. 2024) = 125.0724.

Bank of Nova Scotia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.168 98.920 5.270
201407 4.860 99.315 6.120
201410 4.139 99.473 5.204
201501 3.904 98.209 4.972
201504 3.844 99.710 4.822
201507 3.792 100.579 4.715
201510 3.759 100.500 4.678
201601 3.598 100.184 4.492
201604 4.127 101.370 5.092
201607 4.102 101.844 5.038
201610 4.084 102.002 5.008
201701 4.178 102.318 5.107
201704 3.945 103.029 4.789
201707 4.384 103.029 5.322
201710 4.377 103.424 5.293
201801 4.621 104.056 5.554
201804 4.508 105.320 5.353
201807 4.332 106.110 5.106
201810 4.489 105.952 5.299
201901 4.478 105.557 5.306
201904 4.557 107.453 5.304
201907 4.361 108.243 5.039
201910 4.698 107.927 5.444
202001 4.771 108.085 5.521
202004 4.600 107.216 5.366
202007 4.551 108.401 5.251
202010 4.527 108.638 5.212
202101 5.092 109.192 5.833
202104 4.989 110.851 5.629
202107 5.014 112.431 5.578
202110 4.988 113.695 5.487
202201 5.126 114.801 5.585
202204 5.181 118.357 5.475
202207 4.983 120.964 5.152
202210 4.616 121.517 4.751
202301 4.938 121.596 5.079
202304 4.873 123.571 4.932
202307 5.010 124.914 5.016
202310 4.764 125.310 4.755
202401 5.117 125.072 5.117

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


Bank of Nova Scotia  (NYSE:BNS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.93/19.92
=2.41

* 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 Bank of Nova Scotia was 4.96. The lowest was 2.09. And the median was 3.71.


Be Aware

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


Bank of Nova Scotia Cyclically Adjusted Revenue per Share Related Terms

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


Bank of Nova Scotia (Bank of Nova Scotia) Business Description

Industry
Address
1709 Hollis Street, Scotia Plaza, 8th floor, Halifax, NS, CAN, B3J 1W1
Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.

Bank of Nova Scotia (Bank of Nova Scotia) Headlines

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