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Philippinevings Bank (PHS:PSB) Cyclically Adjusted Revenue per Share : ₱44.78 (As of Mar. 2024)


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What is Philippinevings Bank 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.

Philippinevings Bank's adjusted revenue per share for the three months ended in Mar. 2024 was ₱9.023. 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 ₱44.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Philippinevings Bank's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% 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 Philippinevings Bank was 4.70% per year. The lowest was 3.80% per year. And the median was 4.25% per year.

As of today (2024-05-28), Philippinevings Bank's current stock price is ₱56.00. Philippinevings Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱44.78. Philippinevings Bank's Cyclically Adjusted PS Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Philippinevings Bank was 1.97. The lowest was 0.95. And the median was 1.30.


Philippinevings Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Philippinevings Bank'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.

Philippinevings Bank Cyclically Adjusted Revenue per Share Chart

Philippinevings Bank 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 38.07 39.50 42.70 43.70 44.20

Philippinevings Bank 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 44.18 44.07 44.40 44.20 44.78

Competitive Comparison of Philippinevings Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Philippinevings Bank'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.


Philippinevings Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Philippinevings Bank 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, Philippinevings Bank'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)
=9.023/131.7762*131.7762
=9.023

Current CPI (Mar. 2024) = 131.7762.

Philippinevings Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.477 100.560 11.109
201409 10.331 100.428 13.556
201412 6.553 99.070 8.716
201503 0.000 99.621 0.000
201506 9.070 100.684 11.871
201509 9.400 100.392 12.339
201512 8.433 99.792 11.136
201603 10.354 100.470 13.580
201606 10.654 101.688 13.806
201609 11.034 101.861 14.275
201612 9.313 101.863 12.048
201703 10.915 102.862 13.983
201706 11.751 103.349 14.983
201709 11.122 104.136 14.074
201712 11.182 104.011 14.167
201803 8.395 105.290 10.507
201806 12.824 106.317 15.895
201809 12.316 106.507 15.238
201812 11.869 105.998 14.755
201903 9.311 107.251 11.440
201906 8.537 108.070 10.410
201909 9.053 108.329 11.012
201912 -0.976 108.420 -1.186
202003 8.709 108.902 10.538
202006 11.742 108.767 14.226
202009 10.951 109.815 13.141
202012 7.538 109.897 9.039
202103 8.579 111.754 10.116
202106 8.911 114.631 10.244
202109 8.689 115.734 9.893
202112 8.771 117.630 9.826
202203 8.881 121.301 9.648
202206 8.694 125.017 9.164
202209 8.748 125.227 9.206
202212 8.457 125.222 8.900
202303 8.633 127.348 8.933
202306 8.715 128.729 8.921
202309 9.064 129.860 9.198
202312 8.717 129.419 8.876
202403 9.023 131.776 9.023

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


Philippinevings Bank  (PHS:PSB) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.00/44.78
=1.25

* 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 Philippinevings Bank was 1.97. The lowest was 0.95. And the median was 1.30.


Be Aware

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


Philippinevings Bank Cyclically Adjusted Revenue per Share Related Terms

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


Philippinevings Bank (PHS:PSB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
777 Paseo de Roxas Avenue corner Sedeno Street, PSBank Center, Makati City, PHL, 1226
Philippine Savings Bank is a consumer banking company. Its services can be summed up as deposits, loans, treasury, and trust functions offered to the consumer and commercial market. The company structures its business into segments, such as Consumer Banking, Corporate Banking, Branch Banking, and Treasury. The consumer and corporate banking segments cater to the consumer and corporate customers respectively. The branch banking segment integrates the services provided by the consumer and corporate banking segments. Under the treasury banking segment, the company handles the money market and trading activities.

Philippinevings Bank (PHS:PSB) Headlines