GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Millennium SA (WAR:MIL) » Definitions » Cyclically Adjusted Revenue per Share

Bank Millennium (WAR:MIL) Cyclically Adjusted Revenue per Share : zł3.80 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Bank Millennium 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 Millennium's adjusted revenue per share for the three months ended in Mar. 2024 was zł1.307. 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 zł3.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Millennium's average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.00% 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 Millennium was 17.50% per year. The lowest was 6.50% per year. And the median was 12.40% per year.

As of today (2024-06-08), Bank Millennium's current stock price is zł8.45. Bank Millennium's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł3.80. Bank Millennium's Cyclically Adjusted PS Ratio of today is 2.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank Millennium was 5.16. The lowest was 0.96. And the median was 2.26.


Bank Millennium Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bank Millennium'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 Millennium Cyclically Adjusted Revenue per Share Chart

Bank Millennium 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 2.10 2.28 2.60 3.17 3.70

Bank Millennium 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 3.45 3.54 3.59 3.70 3.80

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

For the Banks - Regional subindustry, Bank Millennium'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 Millennium's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Bank Millennium 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 Millennium'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)
=1.307/149.0435*149.0435
=1.307

Current CPI (Mar. 2024) = 149.0435.

Bank Millennium Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.490 101.180 0.722
201409 0.480 100.611 0.711
201412 0.445 100.122 0.662
201503 0.461 100.041 0.687
201506 0.471 100.448 0.699
201509 0.462 99.634 0.691
201512 0.445 99.471 0.667
201603 0.460 98.983 0.693
201606 0.709 99.552 1.061
201609 0.487 99.064 0.733
201612 0.492 100.366 0.731
201703 0.526 101.018 0.776
201706 0.535 101.180 0.788
201709 0.559 101.343 0.822
201712 0.543 102.564 0.789
201803 0.548 102.564 0.796
201806 0.563 103.378 0.812
201809 0.573 103.378 0.826
201812 0.578 103.785 0.830
201903 0.620 104.274 0.886
201906 0.690 105.983 0.970
201909 0.825 105.983 1.160
201912 0.782 107.123 1.088
202003 0.770 109.076 1.052
202006 0.772 109.402 1.052
202009 0.744 109.320 1.014
202012 0.818 109.565 1.113
202103 0.742 112.658 0.982
202106 0.772 113.960 1.010
202109 0.757 115.588 0.976
202112 0.875 119.088 1.095
202203 0.987 125.031 1.177
202206 1.140 131.705 1.290
202209 0.040 135.531 0.044
202212 1.302 139.113 1.395
202303 1.753 145.950 1.790
202306 1.312 147.009 1.330
202309 1.373 146.113 1.401
202312 1.311 147.741 1.323
202403 1.307 149.044 1.307

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


Bank Millennium  (WAR:MIL) 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 Millennium's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.45/3.8
=2.22

* 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 Bank Millennium was 5.16. The lowest was 0.96. And the median was 2.26.


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 Millennium Cyclically Adjusted Revenue per Share Related Terms

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


Bank Millennium (WAR:MIL) Business Description

Industry
Traded in Other Exchanges
Address
ul. Stanis?awa ?aryna 2A, Warsaw, POL, 02-593
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, and treasury banking. The retail segment includes services to mass market individual clients, affluent clients, individual entrepreneurs, and small businesses. The corporate segment includes services to medium and large companies as well as public sector entities. The treasury segment comprises the Group's treasury investments, interbank market transactions, taking positions in debt securities, brokerage activity as well as other transactions. The company derives the majority of its revenue from the retail segment.

Bank Millennium (WAR:MIL) Headlines

No Headlines