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Voss Veksel- og Landmandsbank ASA (OSL:VVL) Cyclically Adjusted Revenue per Share : kr61.15 (As of Mar. 2024)


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What is Voss Veksel- og Landmandsbank ASA 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.

Voss Veksel- og Landmandsbank ASA's adjusted revenue per share for the three months ended in Mar. 2024 was kr19.060. 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 kr61.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Voss Veksel- og Landmandsbank ASA's average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Voss Veksel- og Landmandsbank ASA was 6.90% per year. The lowest was 4.80% per year. And the median was 5.85% per year.

As of today (2024-05-23), Voss Veksel- og Landmandsbank ASA's current stock price is kr260.00. Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr61.15. Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio of today is 4.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Voss Veksel- og Landmandsbank ASA was 5.14. The lowest was 2.84. And the median was 3.68.


Voss Veksel- og Landmandsbank ASA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Voss Veksel- og Landmandsbank ASA'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.

Voss Veksel- og Landmandsbank ASA Cyclically Adjusted Revenue per Share Chart

Voss Veksel- og Landmandsbank ASA 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 48.56 49.50 52.45 55.91 60.51

Voss Veksel- og Landmandsbank ASA 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 56.99 58.69 58.83 60.51 61.15

Competitive Comparison of Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Voss Veksel- og Landmandsbank ASA'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.


Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio falls into.



Voss Veksel- og Landmandsbank ASA 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, Voss Veksel- og Landmandsbank ASA'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)
=19.06/132.6000*132.6000
=19.060

Current CPI (Mar. 2024) = 132.6000.

Voss Veksel- og Landmandsbank ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.593 97.500 19.846
201409 12.235 98.500 16.471
201412 10.594 98.600 14.247
201503 8.127 99.200 10.863
201506 7.512 100.100 9.951
201509 10.164 100.600 13.397
201512 11.314 100.900 14.869
201603 9.378 102.500 12.132
201606 12.180 103.800 15.559
201609 11.585 104.200 14.743
201612 11.639 104.400 14.783
201703 10.604 105.000 13.391
201706 11.768 105.800 14.749
201709 6.201 105.900 7.764
201712 15.950 106.100 19.934
201803 11.740 107.300 14.508
201806 12.781 108.500 15.620
201809 14.030 109.500 16.990
201812 14.316 109.800 17.289
201903 12.844 110.400 15.427
201906 13.585 110.600 16.287
201909 15.340 111.100 18.309
201912 13.853 111.300 16.504
202003 12.644 111.200 15.077
202006 10.354 112.100 12.247
202009 12.499 112.900 14.680
202012 12.574 112.900 14.768
202103 12.365 114.600 14.307
202106 12.327 115.300 14.177
202109 12.230 117.500 13.802
202112 11.210 118.900 12.502
202203 11.650 119.800 12.895
202206 14.616 122.600 15.808
202209 14.393 125.600 15.195
202212 16.447 125.900 17.322
202303 15.477 127.600 16.083
202306 17.447 130.400 17.741
202309 19.848 129.800 20.276
202312 21.820 131.900 21.936
202403 19.060 132.600 19.060

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


Voss Veksel- og Landmandsbank ASA  (OSL:VVL) 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.

Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=260.00/61.15
=4.25

* 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 Voss Veksel- og Landmandsbank ASA was 5.14. The lowest was 2.84. And the median was 3.68.


Be Aware

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


Voss Veksel- og Landmandsbank ASA Cyclically Adjusted Revenue per Share Related Terms

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


Voss Veksel- og Landmandsbank ASA (OSL:VVL) Business Description

Traded in Other Exchanges
N/A
Address
Vangsgata 24, Voss, NOR, 5700
Voss Veksel- og Landmandsbank ASA operates in the banking sector. It provides general banking services like deposits, loans, insurance services, mobile banking, online banking, among others.

Voss Veksel- og Landmandsbank ASA (OSL:VVL) Headlines

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