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Fifth Third Bancorp (FRA:FFH) Cyclically Adjusted Revenue per Share : €10.26 (As of Mar. 2024)


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What is Fifth Third Bancorp 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.

Fifth Third Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was €2.745. 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 €10.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fifth Third Bancorp's average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% 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 Fifth Third Bancorp was 15.60% per year. The lowest was -4.00% per year. And the median was 7.70% per year.

As of today (2024-05-17), Fifth Third Bancorp's current stock price is €35.84. Fifth Third Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.26. Fifth Third Bancorp's Cyclically Adjusted PS Ratio of today is 3.49.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fifth Third Bancorp was 5.38. The lowest was 1.57. And the median was 3.10.


Fifth Third Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fifth Third Bancorp'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.

Fifth Third Bancorp Cyclically Adjusted Revenue per Share Chart

Fifth Third Bancorp 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 7.34 6.73 8.31 9.65 10.03

Fifth Third Bancorp 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 9.65 9.89 10.24 10.03 10.26

Competitive Comparison of Fifth Third Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Fifth Third Bancorp'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.


Fifth Third Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Fifth Third Bancorp's Cyclically Adjusted PS Ratio falls into.



Fifth Third Bancorp 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, Fifth Third Bancorp'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)
=2.745/131.7762*131.7762
=2.745

Current CPI (Mar. 2024) = 131.7762.

Fifth Third Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.291 100.560 1.692
201409 1.270 100.428 1.666
201412 1.434 99.070 1.907
201503 1.620 99.621 2.143
201506 1.630 100.684 2.133
201509 1.724 100.392 2.263
201512 1.766 99.792 2.332
201603 1.712 100.470 2.245
201606 1.668 101.688 2.162
201609 1.685 101.861 2.180
201612 1.775 101.863 2.296
201703 1.740 102.862 2.229
201706 1.726 103.349 2.201
201709 1.659 104.136 2.099
201712 1.683 104.011 2.132
201803 1.692 105.290 2.118
201806 1.929 106.317 2.391
201809 1.978 106.507 2.447
201812 2.129 105.998 2.647
201903 2.122 107.251 2.607
201906 2.216 108.070 2.702
201909 2.408 108.329 2.929
201912 2.326 108.420 2.827
202003 2.352 108.902 2.846
202006 2.268 108.767 2.748
202009 2.210 109.815 2.652
202012 2.072 109.897 2.485
202103 2.202 111.754 2.597
202106 2.212 114.631 2.543
202109 2.388 115.734 2.719
202112 2.456 117.630 2.751
202203 2.420 121.301 2.629
202206 2.709 125.017 2.855
202209 3.104 125.227 3.266
202212 3.105 125.222 3.268
202303 2.961 127.348 3.064
202306 2.856 128.729 2.924
202309 2.890 129.860 2.933
202312 2.801 129.419 2.852
202403 2.745 131.776 2.745

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


Fifth Third Bancorp  (FRA:FFH) 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.

Fifth Third Bancorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=35.84/10.26
=3.49

* 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 Fifth Third Bancorp was 5.38. The lowest was 1.57. And the median was 3.10.


Be Aware

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


Fifth Third Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Fifth Third Bancorp (FRA:FFH) Business Description

Industry
Address
38 Fountain Square Plaza, Cincinnati, OH, USA, 45263
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Fifth Third Bancorp (FRA:FFH) Headlines

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