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VersaBank (FRA:VEW) Cyclically Adjusted Revenue per Share : €2.06 (As of Apr. 2024)


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What is VersaBank 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.

VersaBank's adjusted revenue per share for the three months ended in Apr. 2024 was €0.748. 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 €2.06 for the trailing ten years ended in Apr. 2024.

During the past 12 months, VersaBank's average Cyclically Adjusted Revenue Growth Rate was 10.60% 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), VersaBank's current stock price is €8.65. VersaBank's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €2.06. VersaBank's Cyclically Adjusted PS Ratio of today is 4.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of VersaBank was 6.98. The lowest was 3.16. And the median was 4.33.


VersaBank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for VersaBank'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.

VersaBank Cyclically Adjusted Revenue per Share Chart

VersaBank 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 - - 1.62 1.86 1.91

VersaBank Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.82 1.89 1.91 2.01 2.06

Competitive Comparison of VersaBank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, VersaBank'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.


VersaBank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



VersaBank 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, VersaBank's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.748/126.2576*126.2576
=0.748

Current CPI (Apr. 2024) = 126.2576.

VersaBank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 0.259 99.315 0.329
201410 0.304 99.473 0.386
201501 0.306 98.209 0.393
201504 0.330 99.710 0.418
201507 0.331 100.579 0.416
201510 0.328 100.500 0.412
201601 0.316 100.184 0.398
201604 0.335 101.370 0.417
201607 0.351 101.844 0.435
201610 0.354 102.002 0.438
201701 0.406 102.318 0.501
201704 0.333 103.029 0.408
201707 0.348 103.029 0.426
201710 0.368 103.424 0.449
201801 0.387 104.056 0.470
201804 0.378 105.320 0.453
201807 0.401 106.110 0.477
201810 0.438 105.952 0.522
201901 0.420 105.557 0.502
201904 0.401 107.453 0.471
201907 0.454 108.243 0.530
201910 0.442 107.927 0.517
202001 0.443 108.085 0.517
202004 0.449 107.216 0.529
202007 0.378 108.401 0.440
202010 0.418 108.638 0.486
202101 0.471 109.192 0.545
202104 0.506 110.851 0.576
202107 0.503 112.431 0.565
202110 0.535 113.695 0.594
202201 0.466 114.801 0.513
202204 0.498 118.357 0.531
202207 0.588 120.964 0.614
202210 0.657 121.517 0.683
202301 0.663 121.596 0.688
202304 0.690 123.571 0.705
202307 0.708 124.914 0.716
202310 0.777 125.310 0.783
202401 0.760 125.072 0.767
202404 0.748 126.258 0.748

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


VersaBank  (FRA:VEW) 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.

VersaBank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.65/2.06
=4.20

* 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 VersaBank was 6.98. The lowest was 3.16. And the median was 4.33.


Be Aware

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


VersaBank Cyclically Adjusted Revenue per Share Related Terms

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


VersaBank (FRA:VEW) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » VersaBank (FRA:VEW) » Definitions » Cyclically Adjusted Revenue per Share
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Address
140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2
VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world's first digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins, while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established a wholly-owned, subsidiary.

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