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Riyad Bank (SAU:1010) Cyclically Adjusted Revenue per Share : ﷼4.13 (As of Mar. 2024)


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What is Riyad 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.

Riyad Bank's adjusted revenue per share for the three months ended in Mar. 2024 was ﷼1.362. 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 ﷼4.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Riyad Bank's average Cyclically Adjusted Revenue Growth Rate was 10.40% 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), Riyad Bank's current stock price is ﷼25.70. Riyad Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ﷼4.13. Riyad Bank's Cyclically Adjusted PS Ratio of today is 6.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Riyad Bank was 12.14. The lowest was 6.07. And the median was 8.73.


Riyad Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Riyad 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.

Riyad Bank Cyclically Adjusted Revenue per Share Chart

Riyad 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 - - 3.23 3.58 3.96

Riyad 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 3.74 3.83 3.92 3.96 4.13

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

For the Banks - Regional subindustry, Riyad 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.


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

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

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



Riyad 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, Riyad 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)
=1.362/131.7762*131.7762
=1.362

Current CPI (Mar. 2024) = 131.7762.

Riyad Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.701 100.560 0.919
201409 0.666 100.428 0.874
201412 0.665 99.070 0.885
201503 0.683 99.621 0.903
201506 0.727 100.684 0.952
201509 0.622 100.392 0.816
201512 0.625 99.792 0.825
201603 0.662 100.470 0.868
201606 0.656 101.688 0.850
201609 0.594 101.861 0.768
201612 0.611 101.863 0.790
201703 0.669 102.862 0.857
201706 0.661 103.349 0.843
201709 0.692 104.136 0.876
201712 0.686 104.011 0.869
201803 0.695 105.290 0.870
201806 0.737 106.317 0.913
201809 0.735 106.507 0.909
201812 0.796 105.998 0.990
201903 0.845 107.251 1.038
201906 0.920 108.070 1.122
201909 0.918 108.329 1.117
201912 0.892 108.420 1.084
202003 0.960 108.902 1.162
202006 0.878 108.767 1.064
202009 0.939 109.815 1.127
202012 0.919 109.897 1.102
202103 0.924 111.754 1.090
202106 0.986 114.631 1.133
202109 0.962 115.734 1.095
202112 0.986 117.630 1.105
202203 0.998 121.301 1.084
202206 1.060 125.017 1.117
202209 1.140 125.227 1.200
202212 1.245 125.222 1.310
202303 1.331 127.348 1.377
202306 1.310 128.729 1.341
202309 1.310 129.860 1.329
202312 1.298 129.419 1.322
202403 1.362 131.776 1.362

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


Riyad Bank  (SAU:1010) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.70/4.13
=6.22

* 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 Riyad Bank was 12.14. The lowest was 6.07. And the median was 8.73.


Be Aware

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


Riyad Bank Cyclically Adjusted Revenue per Share Related Terms

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


Riyad Bank (SAU:1010) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Riyad Bank (SAU:1010) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
Eastern Ring Road, Granada Oasis, A1 Tower, P.O. Box 22622, Al Shuhada District, Riyadh, SAU, 11416
Riyad Bank is a financial institution in Saudi Arabia. The company provides a full range of banking and investment services. It also provides its customer's Islamic banking products, which are approved and supervised by an independent Shariah Board established by the Bank. The company operates in four business segments: Retail Banking, Investment banking and brokerage, Corporate banking, and Treasury and Investments. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment handles corporate customers' current accounts, deposits and provides loans, overdrafts, and other credit facilities.

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