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SVB Financial Group (BSP:S1IV34) Cyclically Adjusted Revenue per Share : R$83.82 (As of Dec. 2022)


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What is SVB Financial Group 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.

SVB Financial Group's adjusted revenue per share for the three months ended in Dec. 2022 was R$33.700. 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 R$83.82 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 (2024-05-26), SVB Financial Group's current stock price is R$120.07. SVB Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was R$83.82. SVB Financial Group's Cyclically Adjusted PS Ratio of today is 1.43.


SVB Financial Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SVB Financial Group'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.

SVB Financial Group Cyclically Adjusted Revenue per Share Chart

SVB Financial Group 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 - - 45.48 72.49 83.82

SVB Financial Group 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 72.49 66.43 76.27 82.45 83.82

Competitive Comparison of SVB Financial Group's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, SVB Financial Group'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.


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

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

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



SVB Financial Group 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, SVB Financial Group'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)
=33.7/125.2218*125.2218
=33.700

Current CPI (Dec. 2022) = 125.2218.

SVB Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 2.588 98.209 3.300
201306 3.133 98.518 3.982
201309 5.267 98.790 6.676
201312 5.303 98.326 6.754
201403 6.232 99.695 7.828
201406 2.431 100.560 3.027
201409 3.335 100.428 4.158
201412 5.130 99.070 6.484
201503 5.399 99.621 6.786
201506 5.444 100.684 6.771
201509 6.683 100.392 8.336
201512 6.990 99.792 8.771
201603 6.383 100.470 7.955
201606 6.394 101.688 7.874
201609 6.584 101.861 8.094
201612 6.379 101.863 7.842
201703 6.156 102.862 7.494
201706 7.151 103.349 8.664
201709 7.679 104.136 9.234
201712 8.233 104.011 9.912
201803 8.685 105.290 10.329
201806 11.368 106.317 13.389
201809 13.222 106.507 15.545
201812 12.472 105.998 14.734
201903 14.059 107.251 16.415
201906 15.547 108.070 18.015
201909 15.868 108.329 18.342
201912 17.899 108.420 20.673
202003 18.982 108.902 21.827
202006 21.562 108.767 24.824
202009 27.831 109.815 31.736
202012 29.749 109.897 33.897
202103 37.266 111.754 41.757
202106 33.940 114.631 37.076
202109 34.369 115.734 37.186
202112 35.520 117.630 37.813
202203 33.378 121.301 34.457
202206 32.453 125.017 32.506
202209 34.275 125.227 34.274
202212 33.700 125.222 33.700

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


SVB Financial Group  (BSP:S1IV34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=120.07/83.82
=1.43

* 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.


SVB Financial Group Cyclically Adjusted Revenue per Share Related Terms

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


SVB Financial Group (BSP:S1IV34) Business Description

Industry
Traded in Other Exchanges
Address
3003 Tasman Drive, Santa Clara, CA, USA, 95054-1191
SVB Financial Group provides loans and ancillary financial services to startups, private equity, and venture capital firms. The bank has four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities. In addition to providing loans to venture-capital-backed startups, the company invests in private equity and venture capital funds of funds. The bank operates throughout the United States and maintains offices in Canada, the United Kingdom, Israel, China, India, Germany, Denmark, and Ireland.

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