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Old National Bancorp (FRA:ON1) Cyclically Adjusted Revenue per Share : €5.58 (As of Mar. 2024)


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What is Old 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.

Old National Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was €1.366. 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 €5.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Old National Bancorp's average Cyclically Adjusted Revenue Growth Rate was 2.90% 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 3.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% 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 Old National Bancorp was 6.00% per year. The lowest was -2.60% per year. And the median was 2.40% per year.

As of today (2024-05-28), Old National Bancorp's current stock price is €15.30. Old National Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.58. Old National Bancorp's Cyclically Adjusted PS Ratio of today is 2.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Old National Bancorp was 4.00. The lowest was 1.97. And the median was 2.83.


Old National Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Old 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.

Old National Bancorp Cyclically Adjusted Revenue per Share Chart

Old 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 4.63 4.15 4.85 5.47 5.42

Old 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 5.31 5.47 5.62 5.42 5.58

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

For the Banks - Regional subindustry, Old 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.


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

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

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



Old 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, Old 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)
=1.366/131.7762*131.7762
=1.366

Current CPI (Mar. 2024) = 131.7762.

Old National Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.939 100.560 1.230
201409 1.111 100.428 1.458
201412 1.008 99.070 1.341
201503 1.132 99.621 1.497
201506 1.125 100.684 1.472
201509 1.135 100.392 1.490
201512 1.156 99.792 1.527
201603 1.054 100.470 1.382
201606 1.028 101.688 1.332
201609 1.009 101.861 1.305
201612 1.194 101.863 1.545
201703 1.015 102.862 1.300
201706 0.996 103.349 1.270
201709 0.947 104.136 1.198
201712 0.929 104.011 1.177
201803 0.898 105.290 1.124
201806 1.007 106.317 1.248
201809 0.983 106.507 1.216
201812 1.021 105.998 1.269
201903 0.967 107.251 1.188
201906 1.052 108.070 1.283
201909 1.096 108.329 1.333
201912 1.040 108.420 1.264
202003 1.082 108.902 1.309
202006 1.097 108.767 1.329
202009 1.080 109.815 1.296
202012 1.090 109.897 1.307
202103 1.038 111.754 1.224
202106 1.008 114.631 1.159
202109 1.056 115.734 1.202
202112 1.056 117.630 1.183
202203 1.152 121.301 1.251
202206 1.383 125.017 1.458
202209 1.578 125.227 1.661
202212 1.789 125.222 1.883
202303 1.443 127.348 1.493
202306 1.470 128.729 1.505
202309 1.465 129.860 1.487
202312 1.459 129.419 1.486
202403 1.366 131.776 1.366

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


Old National Bancorp  (FRA:ON1) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.30/5.58
=2.74

* 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 Old National Bancorp was 4.00. The lowest was 1.97. And the median was 2.83.


Be Aware

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


Old National Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Old National Bancorp (FRA:ON1) Business Description

Industry
Traded in Other Exchanges
Address
One Main Street, Evansville, IN, USA, 47708
Old National Bancorp with almost $10 billion in assets following its latest acquisition, Old National Bancorp is a financial services bank holding company headquartered in Indiana. Based in Evansville, Ind., Old National owns multiple financial services operations in Indiana, Illinois, and Kentucky. The company provides a group of similar community banking services, including such products and services as commercial, real estate, and consumer loans; deposits; and brokerage, trust, and investment advisory services.

Old National Bancorp (FRA:ON1) Headlines

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