GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Customers Bancorp Inc (NYSE:CUBI) » Definitions » Cyclically Adjusted Revenue per Share

Customers Bancorp (Customers Bancorp) Cyclically Adjusted Revenue per Share : $15.97 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Customers 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.

Customers Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was $5.405. 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 $15.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Customers Bancorp's average Cyclically Adjusted Revenue Growth Rate was 16.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.00% 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 Customers Bancorp was 19.00% per year. The lowest was 19.00% per year. And the median was 19.00% per year.

As of today (2024-05-22), Customers Bancorp's current stock price is $47.27. Customers Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $15.97. Customers Bancorp's Cyclically Adjusted PS Ratio of today is 2.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Customers Bancorp was 6.52. The lowest was 1.26. And the median was 2.99.


Customers Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Customers 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.

Customers Bancorp Cyclically Adjusted Revenue per Share Chart

Customers 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 - 9.10 11.46 13.22 15.33

Customers 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 13.76 14.32 14.98 15.33 15.97

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

For the Banks - Regional subindustry, Customers 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.


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

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

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



Customers 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, Customers 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)
=5.405/131.7762*131.7762
=5.405

Current CPI (Mar. 2024) = 131.7762.

Customers Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.640 100.560 2.149
201409 1.680 100.428 2.204
201412 1.884 99.070 2.506
201503 1.828 99.621 2.418
201506 1.846 100.684 2.416
201509 1.942 100.392 2.549
201512 2.153 99.792 2.843
201603 2.135 100.470 2.800
201606 2.323 101.688 3.010
201609 3.080 101.861 3.985
201612 2.493 101.863 3.225
201703 2.582 102.862 3.308
201706 2.659 103.349 3.390
201709 2.618 104.136 3.313
201712 2.692 104.011 3.411
201803 2.642 105.290 3.307
201806 2.557 106.317 3.169
201809 2.031 106.507 2.513
201812 2.533 105.998 3.149
201903 2.500 107.251 3.072
201906 2.405 108.070 2.933
201909 3.116 108.329 3.790
201912 1.767 108.420 2.148
202003 2.934 108.902 3.550
202006 3.222 108.767 3.904
202009 4.142 109.815 4.970
202012 4.245 109.897 5.090
202103 4.598 111.754 5.422
202106 4.642 114.631 5.336
202109 6.933 115.734 7.894
202112 6.012 117.630 6.735
202203 5.346 121.301 5.808
202206 5.160 125.017 5.439
202209 4.399 125.227 4.629
202212 3.946 125.222 4.153
202303 5.051 127.348 5.227
202306 5.587 128.729 5.719
202309 6.829 129.860 6.930
202312 5.762 129.419 5.867
202403 5.405 131.776 5.405

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


Customers Bancorp  (NYSE:CUBI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.27/15.97
=2.96

* 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 Customers Bancorp was 6.52. The lowest was 1.26. And the median was 2.99.


Be Aware

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


Customers Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Customers Bancorp (Customers Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
701 Reading Avenue, West Reading, PA, USA, 19611
Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.
Executives
Robert Neil Mackay director 701 READING AVENUE, WEST READING PA 19611
Glenn Hedde officer: Pres Mortgage WarehouseLending 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Jay S Sidhu director, officer: Chairman & CEO 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
Velasquez Jessie John Deano officer: Chief Accounting Officer 1015 PENN AVENUE, WYOMISSING PA 19610
Philip Watkins officer: CFO Customers Bank 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Carla A Leibold officer: Principal Accounting Officer C/O 1999 K STREET, N.W., 4TH FLOOR, WASHINGTON DC 20006
Andrew Hertz Bowman officer: EVP and Chief Credit Officer 701 READING AVENUE, WEST READING PA 19611
Samvir S. Sidhu officer: Head of Corporate Development 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Rajeev V Date director 3465 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Lyle Cunningham officer: Director/Chief Lending Officer 701 READING AVENUE, WEST READING PA 19611
Bernard Bennett Banks director 701 READING AVENUE, WEST READING PA 19611
Steven Issa officer: Exec VP/Chief Lending Officer 16 LILAC STREET, CUMBERLAND RI 02864
T Lawrence Way director 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Richard A Ehst officer: President & COO 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
James T. Collins officer: Chief Administrative Officer 4520 LONGFELLOW COURT, DOYLESTOWN PA 18902