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Valley National Bancorp (BSP:VLYB34) Cyclically Adjusted Revenue per Share : R$18.13 (As of Mar. 2024)


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What is Valley National 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.

Valley National Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was R$4.402. 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$18.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Valley National Bancorp'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 4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% 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 Valley National Bancorp was 8.40% per year. The lowest was -2.20% per year. And the median was 3.10% per year.

As of today (2024-05-27), Valley National Bancorp's current stock price is R$39.64. Valley National Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$18.13. Valley National Bancorp's Cyclically Adjusted PS Ratio of today is 2.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Valley National Bancorp was 4.47. The lowest was 1.81. And the median was 3.11.


Valley National Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Valley National 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.

Valley National Bancorp Cyclically Adjusted Revenue per Share Chart

Valley National 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 13.32 16.47 19.41 20.01 17.94

Valley National 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 24.90 17.39 18.72 17.94 18.13

Competitive Comparison of Valley National Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Valley National 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.


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

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

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



Valley National 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, Valley National 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)
=4.402/131.7762*131.7762
=4.402

Current CPI (Mar. 2024) = 131.7762.

Valley National Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.449 100.560 1.899
201409 1.509 100.428 1.980
201412 1.886 99.070 2.509
201503 2.038 99.621 2.696
201506 2.092 100.684 2.738
201509 2.597 100.392 3.409
201512 2.782 99.792 3.674
201603 2.466 100.470 3.234
201606 2.361 101.688 3.060
201609 2.284 101.861 2.955
201612 2.572 101.863 3.327
201703 2.218 102.862 2.841
201706 2.410 103.349 3.073
201709 2.258 104.136 2.857
201712 2.479 104.011 3.141
201803 2.366 105.290 2.961
201806 2.819 106.317 3.494
201809 3.033 106.507 3.753
201812 2.997 105.998 3.726
201903 3.766 107.251 4.627
201906 2.870 108.070 3.500
201909 3.234 108.329 3.934
201912 3.142 108.420 3.819
202003 3.688 108.902 4.463
202006 4.197 108.767 5.085
202009 4.435 109.815 5.322
202012 4.257 109.897 5.105
202103 4.482 111.754 5.285
202106 4.234 114.631 4.867
202109 4.430 115.734 5.044
202112 4.821 117.630 5.401
202203 4.194 121.301 4.556
202206 4.729 125.017 4.985
202209 5.257 125.227 5.532
202212 5.341 125.222 5.621
202303 4.960 127.348 5.132
202306 4.582 128.729 4.690
202309 4.504 129.860 4.570
202312 4.329 129.419 4.408
202403 4.402 131.776 4.402

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


Valley National Bancorp  (BSP:VLYB34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.64/18.13
=2.19

* 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 Valley National Bancorp was 4.47. The lowest was 1.81. And the median was 3.11.


Be Aware

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


Valley National Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Valley National Bancorp (BSP:VLYB34) Business Description

Industry
Traded in Other Exchanges
Address
One Penn Plaza, New York, NY, USA, 10119
Valley National Bancorp is a bank holding company whose principal wholly-owned subsidiary is Valley National Bank. It provides a full range of commercial, retail, and trust and investment services largely through its offices and ATM network throughout northern and central New Jersey, New York City and Long Island, Florida, and Alabama. The segments of the group are commercial lending, consumer lending, investment management, and corporate and other adjustments, of which key interest income is derived from the commercial lending segment. In recent years, the company has focused on acquiring companies that operate outside of traditional banking and has emphasized wealth and capital management.

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