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EQB (TSX:EQB) Cyclically Adjusted Revenue per Share : C$16.27 (As of Jan. 2024)


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What is EQB 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.

EQB's adjusted revenue per share for the three months ended in Jan. 2024 was C$7.792. 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 C$16.27 for the trailing ten years ended in Jan. 2024.

During the past 12 months, EQB's average Cyclically Adjusted Revenue Growth Rate was 19.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.80% 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 EQB was 16.60% per year. The lowest was 14.70% per year. And the median was 15.25% per year.

As of today (2024-05-26), EQB's current stock price is C$83.81. EQB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was C$16.27. EQB's Cyclically Adjusted PS Ratio of today is 5.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of EQB was 8.51. The lowest was 2.79. And the median was 5.27.


EQB Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for EQB'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.

EQB Cyclically Adjusted Revenue per Share Chart

EQB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 7.43 8.68 9.95 11.77

EQB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24
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 13.58 14.04 14.77 15.58 16.27

Competitive Comparison of EQB's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, EQB'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.


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

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

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



EQB 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, EQB's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=7.792/125.0724*125.0724
=7.792

Current CPI (Jan. 2024) = 125.0724.

EQB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 1.644 96.945 2.121
201403 1.637 98.604 2.076
201406 1.713 99.473 2.154
201409 1.785 99.394 2.246
201412 1.835 98.367 2.333
201503 1.920 99.789 2.406
201506 2.089 100.500 2.600
201509 2.094 100.421 2.608
201512 2.161 99.947 2.704
201603 2.148 101.054 2.659
201606 2.337 102.002 2.866
201609 2.475 101.765 3.042
201612 2.758 101.449 3.400
201703 2.690 102.634 3.278
201706 2.646 103.029 3.212
201709 2.539 103.345 3.073
201712 2.652 103.345 3.210
201803 2.682 105.004 3.195
201806 2.686 105.557 3.183
201809 3.107 105.636 3.679
201812 2.823 105.399 3.350
201903 3.360 106.979 3.928
201906 3.661 107.690 4.252
201909 3.778 107.611 4.391
201912 3.939 107.769 4.571
202003 3.674 107.927 4.258
202006 3.899 108.401 4.499
202009 4.391 108.164 5.077
202012 4.466 108.559 5.145
202103 4.376 110.298 4.962
202106 4.602 111.720 5.152
202109 4.701 112.905 5.208
202112 4.976 113.774 5.470
202203 5.392 117.646 5.732
202206 4.774 120.806 4.943
202209 5.710 120.648 5.919
202212 6.326 120.964 6.541
202303 7.046 122.702 7.182
202306 8.239 124.203 8.297
202401 7.792 125.072 7.792

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


EQB  (TSX:EQB) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=83.81/16.27
=5.15

* 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 EQB was 8.51. The lowest was 2.79. And the median was 5.27.


Be Aware

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


EQB Cyclically Adjusted Revenue per Share Related Terms

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


EQB (TSX:EQB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » EQB Inc (TSX:EQB) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Andrew Moor Senior Officer

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