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United Commercial Bank (DHA:UCB) Cyclically Adjusted Revenue per Share : BDT15.14 (As of Mar. 2024)


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What is United Commercial 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.

United Commercial Bank's adjusted revenue per share for the three months ended in Mar. 2024 was BDT5.060. 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 BDT15.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, United Commercial Bank's average Cyclically Adjusted Revenue Growth Rate was 9.70% 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.

As of today (2024-06-10), United Commercial Bank's current stock price is BDT8.90. United Commercial Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was BDT15.14. United Commercial Bank's Cyclically Adjusted PS Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of United Commercial Bank was 1.32. The lowest was 0.59. And the median was 0.85.


United Commercial Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for United Commercial 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.

United Commercial Bank Cyclically Adjusted Revenue per Share Chart

United Commercial Bank 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 - - 11.61 13.34 14.64

United Commercial Bank 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 13.80 14.10 14.49 14.64 15.14

Competitive Comparison of United Commercial Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, United Commercial 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.


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

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

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



United Commercial 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, United Commercial Bank's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.06/131.7762*131.7762
=5.060

Current CPI (Mar. 2024) = 131.7762.

United Commercial Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.580 100.560 3.381
201409 2.389 100.428 3.135
201412 2.140 99.070 2.846
201503 2.346 99.621 3.103
201506 2.601 100.684 3.404
201509 2.136 100.392 2.804
201512 2.263 99.792 2.988
201603 2.327 100.470 3.052
201606 2.636 101.688 3.416
201609 2.528 101.861 3.270
201612 2.448 101.863 3.167
201703 2.361 102.862 3.025
201706 2.683 103.349 3.421
201709 2.857 104.136 3.615
201712 2.964 104.011 3.755
201803 2.960 105.290 3.705
201806 3.223 106.317 3.995
201809 2.724 106.507 3.370
201812 2.287 105.998 2.843
201903 2.875 107.251 3.532
201906 3.053 108.070 3.723
201909 3.193 108.329 3.884
201912 2.703 108.420 3.285
202003 3.155 108.902 3.818
202006 2.428 108.767 2.942
202009 3.437 109.815 4.124
202012 3.685 109.897 4.419
202103 3.573 111.754 4.213
202106 4.347 114.631 4.997
202109 3.960 115.734 4.509
202112 3.139 117.630 3.517
202203 4.081 121.301 4.433
202206 4.496 125.017 4.739
202209 4.688 125.227 4.933
202212 4.097 125.222 4.311
202303 4.277 127.348 4.426
202306 4.234 128.729 4.334
202309 5.028 129.860 5.102
202312 4.733 129.419 4.819
202403 5.060 131.776 5.060

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


United Commercial Bank  (DHA:UCB) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.90/15.14
=0.59

* 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 United Commercial Bank was 1.32. The lowest was 0.59. And the median was 0.85.


Be Aware

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


United Commercial Bank Cyclically Adjusted Revenue per Share Related Terms

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


United Commercial Bank (DHA:UCB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Road No. - 34, Gulshan Avenue, Plot - CWS- (A)-1, Dhaka, BGD, 1212
United Commercial Bank PLC is a commercial bank. The company through its delivery channels and subsidiaries offers a wide range of banking products and services to corporate, SME, and retail customers. Its products and services include deposit products like current deposit, fixed deposit, and UCB Multi-Millionaires. Loan products such as trade finance, import finance, loan syndication, and pacing credit. It also provides other services such as Western Union Money Transfer, online services internet banking. The reportable segments of the company are Corporate Banking, SME Banking, Consumer Banking, Treasury, Investment Banking, Offshore Banking, Card and Alternate Delivery Channel, Mobile Financial Services, and Agent Banking.

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