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Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Cyclically Adjusted Revenue per Share : $2,192.91 (As of Mar. 2024)


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What is Farmers & Merchants Bank of Long Beach 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.

Farmers & Merchants Bank of Long Beach's adjusted revenue per share for the three months ended in Mar. 2024 was $517.220. 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 $2,192.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Farmers & Merchants Bank of Long Beach's average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.80% 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 Farmers & Merchants Bank of Long Beach was 14.60% per year. The lowest was 13.80% per year. And the median was 14.20% per year.

As of today (2024-05-28), Farmers & Merchants Bank of Long Beach's current stock price is $4662.01. Farmers & Merchants Bank of Long Beach's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2,192.91. Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Farmers & Merchants Bank of Long Beach was 6.23. The lowest was 1.92. And the median was 4.41.


Farmers & Merchants Bank of Long Beach Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Farmers & Merchants Bank of Long Beach'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.

Farmers & Merchants Bank of Long Beach Cyclically Adjusted Revenue per Share Chart

Farmers & Merchants Bank of Long Beach 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 1,310.09 1,450.31 1,717.65 1,972.22 2,134.91

Farmers & Merchants Bank of Long Beach Quarterly Data
Dec18 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 2,034.07 2,079.93 2,121.60 2,134.91 2,192.91

Competitive Comparison of Farmers & Merchants Bank of Long Beach's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Farmers & Merchants Bank of Long Beach'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.


Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio falls into.



Farmers & Merchants Bank of Long Beach 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, Farmers & Merchants Bank of Long Beach'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)
=517.22/131.7762*131.7762
=517.220

Current CPI (Mar. 2024) = 131.7762.

Farmers & Merchants Bank of Long Beach Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200709 248.397 87.964 372.115
200803 24.488 90.090 35.819
200806 30.811 92.320 43.979
200809 24.840 92.307 35.461
200812 715.507 88.697 1,063.016
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201203 379.496 96.783 516.708
201206 340.252 96.819 463.101
201209 354.130 97.633 477.972
201212 300.206 96.871 408.378
201303 351.389 98.209 471.490
201306 348.809 98.518 466.563
201309 365.748 98.790 487.872
201312 332.267 98.326 445.304
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201909 516.098 108.329 627.802
201912 515.969 108.420 627.120
202003 510.023 108.902 617.153
202006 560.798 108.767 679.431
202009 550.766 109.815 660.911
202012 576.772 109.897 691.602
202103 590.438 111.754 696.220
202106 625.289 114.631 718.810
202109 638.758 115.734 727.296
202112 622.766 117.630 697.663
202203 606.750 121.301 659.147
202206 652.465 125.017 687.742
202209 673.992 125.227 709.244
202212 641.299 125.222 674.866
202303 587.039 127.348 607.453
202306 551.262 128.729 564.312
202309 547.310 129.860 555.388
202312 526.516 129.419 536.104
202403 517.220 131.776 517.220

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


Farmers & Merchants Bank of Long Beach  (OTCPK:FMBL) 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.

Farmers & Merchants Bank of Long Beach's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4662.01/2192.91
=2.13

* 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 Farmers & Merchants Bank of Long Beach was 6.23. The lowest was 1.92. And the median was 4.41.


Be Aware

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


Farmers & Merchants Bank of Long Beach Cyclically Adjusted Revenue per Share Related Terms

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


Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Business Description

Traded in Other Exchanges
N/A
Address
302 Pine Avenue, Long Beach, CA, USA, 90802
Farmers & Merchants Bank of Long Beach provides business banking products and services. It offers banking products and services, including accepting demand, money market, savings, and time deposits; originating loans, including commercial real estate loans, construction loans, and commercial business loans; and providing other business-oriented banking products and services. The Bank also provides financing for residential loans, including single-family and multifamily loans.

Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Headlines