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First American Financial (First American Financial) Cyclically Adjusted Revenue per Share : $68.39 (As of Mar. 2024)


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What is First American Financial 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.

First American Financial's adjusted revenue per share for the three months ended in Mar. 2024 was $13.646. 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 $68.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First American Financial's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% 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 First American Financial was 9.70% per year. The lowest was 7.90% per year. And the median was 9.00% per year.

As of today (2024-06-08), First American Financial's current stock price is $53.87. First American Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $68.39. First American Financial's Cyclically Adjusted PS Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First American Financial was 1.35. The lowest was 0.68. And the median was 1.02.


First American Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First American Financial'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.

First American Financial Cyclically Adjusted Revenue per Share Chart

First American Financial 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 49.27 51.83 59.49 65.06 67.04

First American Financial 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 66.19 66.96 67.39 67.04 68.39

Competitive Comparison of First American Financial's Cyclically Adjusted Revenue per Share

For the Insurance - Specialty subindustry, First American Financial'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.


First American Financial's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



First American Financial 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, First American Financial'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)
=13.646/131.7762*131.7762
=13.646

Current CPI (Mar. 2024) = 131.7762.

First American Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.584 100.560 13.870
201409 11.572 100.428 15.184
201412 11.506 99.070 15.305
201503 10.152 99.621 13.429
201506 12.057 100.684 15.780
201509 12.581 100.392 16.514
201512 12.313 99.792 16.259
201603 10.859 100.470 14.243
201606 12.268 101.688 15.898
201609 13.558 101.861 17.540
201612 13.478 101.863 17.436
201703 11.778 102.862 15.089
201706 12.963 103.349 16.529
201709 13.498 104.136 17.081
201712 13.078 104.011 16.569
201803 11.478 105.290 14.365
201806 13.182 106.317 16.339
201809 13.604 106.507 16.832
201812 12.464 105.998 15.495
201903 11.513 107.251 14.146
201906 13.204 108.070 16.100
201909 14.693 108.329 17.873
201912 15.101 108.420 18.354
202003 12.399 108.902 15.003
202006 14.293 108.767 17.317
202009 16.959 109.815 20.351
202012 19.068 109.897 22.864
202103 18.187 111.754 21.445
202106 20.378 114.631 23.426
202109 22.944 115.734 26.124
202112 21.181 117.630 23.728
202203 18.355 121.301 19.940
202206 19.080 125.017 20.112
202209 17.292 125.227 18.196
202212 15.955 125.222 16.790
202303 13.799 127.348 14.279
202306 15.760 128.729 16.133
202309 14.215 129.860 14.425
202312 13.652 129.419 13.901
202403 13.646 131.776 13.646

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


First American Financial  (NYSE:FAF) 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.

First American Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=53.87/68.39
=0.79

* 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 First American Financial was 1.35. The lowest was 0.68. And the median was 1.02.


Be Aware

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


First American Financial Cyclically Adjusted Revenue per Share Related Terms

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


First American Financial (First American Financial) Business Description

Traded in Other Exchanges
N/A
Address
1 First American Way, Santa Ana, CA, USA, 92707-5913
First American Financial Corp is a financial services business providing insurance through two segments: title insurance and related services and specialty insurance. Title insurance and related services include real estate insurance, property closing services, third-party handling of real estate funds (escrow), risk mitigation, real estate data products, and related real estate transaction services. The title insurance sector serves residential and commercial deals. Specialty insurance includes property insurance policies, casualty insurance policies, and home warranties. Nearly all the company's revenue comes from the title insurance and related services segment in the United States.
Executives
Steven A Adams officer: VP & Chief Accounting Officer 2260 E IMPERIAL HIGHWAY, EL SEGUNDO X1 90245
Christopher Michael Leavell officer: COO of Subsidiary 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Marsha A Spence director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Kenneth D Degiorgio director, officer: Executive Vice President
Lisa W Cornehl officer: SVP, Chief Legal Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92886
Jean C Latorre director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Mark C Oman director ONE HOME CAMPUS X2401-06X, DES MOINES IA 50328
Mark Edward Seaton officer: Senior Vice President 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Matthew F. Wajner officer: Chief Accounting Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Martha B Wyrsch director
Dennis J Gilmore officer: Chief Executive Officer 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Reginald Harold Gilyard director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Parker S Kennedy director, officer: Executive Chairman 114 EAST FIFTH STREET, SANTA ANA CA 92701
James L Doti director
Margaret M Mccarthy director AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156

First American Financial (First American Financial) Headlines

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