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FS Bancorp (FS Bancorp) Cyclically Adjusted Revenue per Share : $13.47 (As of Mar. 2024)


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What is FS Bancorp 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.

FS Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was $3.407. 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 $13.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FS Bancorp's average Cyclically Adjusted Revenue Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.10% 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 FS Bancorp was 18.10% per year. The lowest was 17.50% per year. And the median was 17.80% per year.

As of today (2024-06-04), FS Bancorp's current stock price is $32.70. FS Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.47. FS Bancorp's Cyclically Adjusted PS Ratio of today is 2.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FS Bancorp was 4.67. The lowest was 2.06. And the median was 3.00.


FS Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FS Bancorp'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.

FS Bancorp Cyclically Adjusted Revenue per Share Chart

FS Bancorp 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 7.04 7.92 9.66 11.41 13.04

FS Bancorp 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 11.91 12.34 12.75 13.04 13.47

Competitive Comparison of FS Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, FS Bancorp'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.


FS Bancorp's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



FS Bancorp 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, FS Bancorp'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)
=3.407/131.7762*131.7762
=3.407

Current CPI (Mar. 2024) = 131.7762.

FS Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.208 100.560 1.583
201409 1.349 100.428 1.770
201412 1.528 99.070 2.032
201503 1.687 99.621 2.232
201506 1.956 100.684 2.560
201509 1.831 100.392 2.403
201512 1.806 99.792 2.385
201603 1.930 100.470 2.531
201606 2.387 101.688 3.093
201609 2.600 101.861 3.364
201612 2.317 101.863 2.997
201703 2.235 102.862 2.863
201706 2.489 103.349 3.174
201709 2.575 104.136 3.258
201712 2.113 104.011 2.677
201803 2.118 105.290 2.651
201806 2.235 106.317 2.770
201809 2.224 106.507 2.752
201812 2.315 105.998 2.878
201903 2.410 107.251 2.961
201906 2.528 108.070 3.083
201909 2.625 108.329 3.193
201912 2.440 108.420 2.966
202003 2.887 108.902 3.493
202006 3.663 108.767 4.438
202009 4.175 109.815 5.010
202012 4.106 109.897 4.923
202103 3.757 111.754 4.430
202106 3.364 114.631 3.867
202109 3.609 115.734 4.109
202112 3.676 117.630 4.118
202203 3.435 121.301 3.732
202206 3.588 125.017 3.782
202209 4.017 125.227 4.227
202212 4.181 125.222 4.400
202303 4.553 127.348 4.711
202306 4.563 128.729 4.671
202309 4.505 129.860 4.571
202312 4.562 129.419 4.645
202403 3.407 131.776 3.407

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


FS Bancorp  (NAS:FSBW) 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.

FS Bancorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.70/13.47
=2.43

* 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 FS Bancorp was 4.67. The lowest was 2.06. And the median was 3.00.


Be Aware

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


FS Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


FS Bancorp (FS Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FS Bancorp Inc (NAS:FSBW) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
6920 220th Street South West, Mountlake Terrace, WA, USA, 98043
FS Bancorp Inc is the holding company of 1st Security Bank, a diversified lender with a focus on the origination of commercial real estate, one-to-four-family, and home equity loans, consumer loans, including a variety of indirect home improvement (fixture secured loans), and marine loans, and commercial business loans. It has two operating segments; The commercial and consumer banking segment provides diversified financial products and services to its commercial and consumer customers through Bank branches, automated teller machines, online banking platforms, mobile banking apps, and telephone banking, and The home lending segment originates one-to-four-family residential mortgage loans for sale in the secondary markets as well as loans held for investment.
Executives
Robert B Fuller officer: Chief Credit Officer 111 NORTH WALL STREET, SPOKANE WA 99201
Stephanie Nicklaus officer: Chief Credit Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Pamela Marie Andrews director 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Fs Bancorp, Inc. officer: Chief Credit Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Ben Crowl officer: Chief Lending Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Shana Allen officer: EVP, Chief Information Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Joseph P. Zavaglia director C/O FS BANCORP, INC., 6920 220TH STREET SW, SUITE 300, MOUNTLAKE TERRACE WA 98043
Mark Tueffers director, other: Director of the Bank 6920 220TH STREET, SUITE 300, MOUNT LAKE TERRACE WA 98043
Margaret R. Piesik director C/O FS BANCORP, INC., 6920 220TH STREET SW, SUITE 300, MOUNTLAKE TERRACE WA 98043
Dennis V O'leary officer: Chief Lending Officer 6920 220TH STREET, SW, MOUNT LAKE TERRACE WA 98043
Donn C Costa officer: Executive VP Home Lending 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Joseph C. Adams director, officer: Chief Executive Officer C/O FS BANCORP, INC., 6920 220TH STREET SW, SUITE 300, MOUNTLAKE TERRACE WA 98043
Lisa Cleary officer: Chief Operating Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Marina Cofer-wildsmith director C/O FS BANCORP, INC., 6920 220TH STREET SW, SUITE 300, MOUNTLAKE TERRACE WA 98043
Erin Burr officer: CRO, CRA Officer, EVP 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043