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Synchrony Financial (BSP:S1YF34) Cyclically Adjusted Revenue per Share : R$110.76 (As of Mar. 2024)


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What is Synchrony 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.

Synchrony Financial's adjusted revenue per share for the three months ended in Mar. 2024 was R$58.533. 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 R$110.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Synchrony Financial's average Cyclically Adjusted Revenue Growth Rate was 15.30% 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.

As of today (2024-06-01), Synchrony Financial's current stock price is R$208.79. Synchrony Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$110.76. Synchrony Financial's Cyclically Adjusted PS Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Synchrony Financial was 2.18. The lowest was 1.36. And the median was 1.76.


Synchrony Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Synchrony 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.

Synchrony Financial Cyclically Adjusted Revenue per Share Chart

Synchrony 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 - - - 96.25 102.43

Synchrony 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 97.58 97.43 111.67 102.43 110.76

Competitive Comparison of Synchrony Financial's Cyclically Adjusted Revenue per Share

For the Credit Services subindustry, Synchrony 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.


Synchrony Financial's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Synchrony 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, Synchrony 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)
=58.533/131.7762*131.7762
=58.533

Current CPI (Mar. 2024) = 131.7762.

Synchrony Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.038 100.560 7.912
201409 6.822 100.428 8.951
201412 7.704 99.070 10.247
201503 8.713 99.621 11.525
201506 8.966 100.684 11.735
201509 11.504 100.392 15.100
201512 11.874 99.792 15.680
201603 11.645 100.470 15.273
201606 10.771 101.688 13.958
201609 10.998 101.861 14.228
201612 11.817 101.863 15.287
201703 11.467 102.862 14.690
201706 12.347 103.349 15.743
201709 12.464 104.136 15.772
201712 13.448 104.011 17.038
201803 13.609 105.290 17.032
201806 15.650 106.317 19.398
201809 18.897 106.507 23.380
201812 19.091 105.998 23.734
201903 18.226 107.251 22.394
201906 19.017 108.070 23.189
201909 21.528 108.329 26.188
201912 19.994 108.420 24.301
202003 24.624 108.902 29.796
202006 24.131 108.767 29.236
202009 24.830 109.815 29.796
202012 23.627 109.897 28.331
202103 24.756 111.754 29.191
202106 20.704 114.631 23.801
202109 23.203 115.734 26.419
202112 28.452 117.630 31.874
202203 26.755 121.301 29.065
202206 29.279 125.017 30.862
202209 32.473 125.227 34.171
202212 36.166 125.222 38.059
202303 38.111 127.348 39.436
202306 37.690 128.729 38.582
202309 41.018 129.860 41.623
202312 43.253 129.419 44.041
202403 58.533 131.776 58.533

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


Synchrony Financial  (BSP:S1YF34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=208.79/110.76
=1.89

* 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 Synchrony Financial was 2.18. The lowest was 1.36. And the median was 1.76.


Be Aware

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


Synchrony Financial Cyclically Adjusted Revenue per Share Related Terms

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


Synchrony Financial (BSP:S1YF34) Business Description

Traded in Other Exchanges
Address
777 Long Ridge Road, Stamford, CT, USA, 06902
Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).

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