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KeyCorp (KeyCorp) Cyclically Adjusted Revenue per Share : $7.06 (As of Dec. 2023)


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What is KeyCorp 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.

KeyCorp's adjusted revenue per share for the three months ended in Dec. 2023 was $1.591. 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 $7.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KeyCorp's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.50% 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 KeyCorp was 8.80% per year. The lowest was -10.50% per year. And the median was 3.00% per year.

As of today (2024-04-28), KeyCorp's current stock price is $14.70. KeyCorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.06. KeyCorp's Cyclically Adjusted PS Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of KeyCorp was 4.41. The lowest was 1.06. And the median was 2.58.


KeyCorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for KeyCorp'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.

KeyCorp Cyclically Adjusted Revenue per Share Chart

KeyCorp 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 5.32 5.48 6.12 6.73 7.06

KeyCorp 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 6.89 6.99 7.07 7.06 -

Competitive Comparison of KeyCorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, KeyCorp'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.


KeyCorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



KeyCorp 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, KeyCorp's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.591/129.4194*129.4194
=1.591

Current CPI (Dec. 2023) = 129.4194.

KeyCorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.073 99.695 1.393
201406 1.094 100.560 1.408
201409 1.094 100.428 1.410
201412 1.195 99.070 1.561
201503 1.138 99.621 1.478
201506 1.217 100.684 1.564
201509 1.217 100.392 1.569
201512 1.248 99.792 1.619
201603 1.190 100.470 1.533
201606 1.228 101.688 1.563
201609 1.260 101.861 1.601
201612 1.362 101.863 1.730
201703 1.334 102.862 1.678
201706 1.446 103.349 1.811
201709 1.369 104.136 1.701
201712 1.429 104.011 1.778
201803 1.403 105.290 1.725
201806 1.422 106.317 1.731
201809 1.478 106.507 1.796
201812 1.549 105.998 1.891
201903 1.444 107.251 1.742
201906 1.546 108.070 1.851
201909 1.582 108.329 1.890
201912 1.598 108.420 1.908
202003 1.449 108.902 1.722
202006 1.709 108.767 2.033
202009 1.676 109.815 1.975
202012 1.826 109.897 2.150
202103 1.738 111.754 2.013
202106 1.774 114.631 2.003
202109 1.845 115.734 2.063
202112 2.001 117.630 2.202
202203 1.753 121.301 1.870
202206 1.860 125.017 1.926
202209 1.965 125.227 2.031
202212 1.953 125.222 2.018
202303 1.780 127.348 1.809
202306 1.662 128.729 1.671
202309 1.631 129.860 1.625
202312 1.591 129.419 1.591

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


KeyCorp  (NYSE:KEY) 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.

KeyCorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.70/7.06
=2.08

* 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 KeyCorp was 4.41. The lowest was 1.06. And the median was 2.58.


Be Aware

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


KeyCorp Cyclically Adjusted Revenue per Share Related Terms

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


KeyCorp (KeyCorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KeyCorp (NYSE:KEY) » Definitions » Cyclically Adjusted Revenue per Share
Address
127 Public Square, Cleveland, OH, USA, 44114-1306
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
Executives
Douglas M Schosser officer: Chief Accounting Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114-1306
Carlton L Highsmith director C/O NEWALLIANCE BANK, 195 CHURCH STREET, NEW HAVEN CT 06510
Devina A Rankin director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Amy G. Brady officer: Chief Information Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Paine Andrew J Iii officer: Head of Institutional Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Victor B Alexander officer: Head of Consumer Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Gillis Ruth Ann M director 10 SOUTH DEERBORN STREET, 37TH FLOOR, CHICAGO IL 80603
Angela G Mago officer: Head of Commercial Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Allyson M Kidik officer: Chief Risk Review Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Tobin director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Brian L Fishel officer: Chief Human Resources Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Kenneth C Gavrity officer: Head of Enterprise Payments 127 PUBLIC SQUARE, CLEVELAND OH 44114
Jamie Warder officer: Head of Digital Banking 127 PUBLIC SQUARE, CLEVELAND OH 44114
Trina M Evans officer: Director, Corporate Center 127 PUBLIC SQUARE, CLEVELAND OH 44114