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Bank of Georgia Group (LSE:BGEO) Cyclically Adjusted Revenue per Share : £1,943.77 (As of Dec. 2023)


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What is Bank of Georgia 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.

Bank of Georgia Group's adjusted revenue per share for the three months ended in Dec. 2023 was £4.026. 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 £1,943.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bank of Georgia Group's average Cyclically Adjusted Revenue Growth Rate was -4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.10% 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 Bank of Georgia Group was -0.50% per year. The lowest was -1.10% per year. And the median was -0.80% per year.

As of today (2024-06-09), Bank of Georgia Group's current stock price is £37.40. Bank of Georgia Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was £1,943.77. Bank of Georgia Group's Cyclically Adjusted PS Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank of Georgia Group was 0.03. The lowest was 0.01. And the median was 0.01.


Bank of Georgia Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bank of Georgia 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.

Bank of Georgia Group Cyclically Adjusted Revenue per Share Chart

Bank of Georgia Group 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 2,062.98 2,009.64 2,002.21 2,035.04 1,943.77

Bank of Georgia Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,035.04 2,059.59 1,926.95 1,937.60 1,943.77

Competitive Comparison of Bank of Georgia Group's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Bank of Georgia 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.


Bank of Georgia Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Georgia Group's Cyclically Adjusted PS Ratio falls into.



Bank of Georgia 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, Bank of Georgia Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.026/130.5000*130.5000
=4.026

Current CPI (Dec. 2023) = 130.5000.

Bank of Georgia Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,305.000 99.300 1,715.030
201406 2,566.389 99.800 3,355.849
201409 1,407.941 100.000 1,837.363
201412 1.334 99.900 1.743
201503 1,559.368 99.600 2,043.148
201506 1,622.447 100.100 2,115.178
201509 1,673.211 100.200 2,179.182
201512 0.993 100.400 1.291
201603 1,719.974 100.400 2,235.624
201606 1,706.026 101.000 2,204.321
201609 2.027 101.500 2.606
201612 0.294 102.200 0.375
201703 1.460 102.700 1.855
201706 2.362 103.500 2.978
201709 1.595 104.300 1.996
201712 1.844 105.000 2.292
201803 1.683 105.100 2.090
201806 1.616 105.900 1.991
201809 1.580 106.600 1.934
201812 1.765 107.100 2.151
201903 1.506 107.000 1.837
201906 1.530 107.900 1.850
201909 1.677 108.400 2.019
201912 1.878 108.500 2.259
202003 1.614 108.600 1.939
202006 1,398.000 108.800 1,676.829
202009 1.630 109.200 1.948
202012 1.856 109.400 2.214
202103 1.765 109.700 2.100
202106 1.953 111.400 2.288
202109 2.006 112.400 2.329
202112 2.272 114.700 2.585
202203 2.311 116.500 2.589
202206 2.925 120.500 3.168
202209 3.158 122.300 3.370
202212 3.562 125.300 3.710
202303 3.386 126.800 3.485
202306 4.150 129.400 4.185
202309 4.004 130.100 4.016
202312 4.026 130.500 4.026

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


Bank of Georgia Group  (LSE:BGEO) 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.

Bank of Georgia Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.40/1943.77
=0.02

* 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 Bank of Georgia Group was 0.03. The lowest was 0.01. And the median was 0.01.


Be Aware

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


Bank of Georgia Group Cyclically Adjusted Revenue per Share Related Terms

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


Bank of Georgia Group (LSE:BGEO) Business Description

Industry
Traded in Other Exchanges
Address
42 Brook Street, London, GBR, W1K 5DB
Bank of Georgia Group PLC offers banking services. The company through its banking divisions involves in various business which includes retail banking and payment services, corporate investment banking and wealth management operations, and banking operations in Belarus which forms the core entity of the group's banking business. The Bank has operating outlets in all cities of Georgia.

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