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Towne Bank (Towne Bank) Cyclically Adjusted Revenue per Share : $9.45 (As of Mar. 2024)


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What is Towne 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.

Towne Bank's adjusted revenue per share for the three months ended in Mar. 2024 was $2.229. 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 $9.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Towne Bank's average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Towne Bank was 12.50% per year. The lowest was 4.00% per year. And the median was 5.30% per year.

As of today (2024-06-09), Towne Bank's current stock price is $26.46. Towne Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.45. Towne Bank's Cyclically Adjusted PS Ratio of today is 2.80.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Towne Bank was 5.21. The lowest was 2.12. And the median was 3.33.


Towne Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Towne 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.

Towne Bank Cyclically Adjusted Revenue per Share Chart

Towne 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 7.45 7.74 8.42 8.97 9.27

Towne 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 9.13 9.23 9.30 9.27 9.45

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

For the Banks - Regional subindustry, Towne 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.


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

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

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



Towne 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, Towne 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)
=2.229/131.7762*131.7762
=2.229

Current CPI (Mar. 2024) = 131.7762.

Towne Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.754 100.560 2.298
201409 1.789 100.428 2.347
201412 1.677 99.070 2.231
201503 1.427 99.621 1.888
201506 1.524 100.684 1.995
201509 1.482 100.392 1.945
201512 1.376 99.792 1.817
201603 1.532 100.470 2.009
201606 1.617 101.688 2.095
201609 1.763 101.861 2.281
201612 1.625 101.863 2.102
201703 1.689 102.862 2.164
201706 1.918 103.349 2.446
201709 1.848 104.136 2.339
201712 1.734 104.011 2.197
201803 1.826 105.290 2.285
201806 1.905 106.317 2.361
201809 1.914 106.507 2.368
201812 1.815 105.998 2.256
201903 1.846 107.251 2.268
201906 2.003 108.070 2.442
201909 2.020 108.329 2.457
201912 1.922 108.420 2.336
202003 1.905 108.902 2.305
202006 2.249 108.767 2.725
202009 2.655 109.815 3.186
202012 2.343 109.897 2.809
202103 2.517 111.754 2.968
202106 2.306 114.631 2.651
202109 2.328 115.734 2.651
202112 2.194 117.630 2.458
202203 2.280 121.301 2.477
202206 2.301 125.017 2.425
202209 2.469 125.227 2.598
202212 2.407 125.222 2.533
202303 2.475 127.348 2.561
202306 2.431 128.729 2.489
202309 2.312 129.860 2.346
202312 2.093 129.419 2.131
202403 2.229 131.776 2.229

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


Towne Bank  (NAS:TOWN) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=26.46/9.45
=2.80

* 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 Towne Bank was 5.21. The lowest was 2.12. And the median was 3.33.


Be Aware

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


Towne Bank Cyclically Adjusted Revenue per Share Related Terms

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


Towne Bank (Towne Bank) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (NAS:TOWN) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
5716 High Street, Portsmouth, VA, USA, 23703
Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.

Towne Bank (Towne Bank) Headlines

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