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Pinnacle Financial Partners (FRA:PFZ) Cyclically Adjusted Revenue per Share : €13.03 (As of Mar. 2024)


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What is Pinnacle Financial Partners 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.

Pinnacle Financial Partners's adjusted revenue per share for the three months ended in Mar. 2024 was €4.540. 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 €13.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pinnacle Financial Partners's average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 Pinnacle Financial Partners was 14.20% per year. The lowest was 6.40% per year. And the median was 8.00% per year.

As of today (2024-06-02), Pinnacle Financial Partners's current stock price is €72.00. Pinnacle Financial Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.03. Pinnacle Financial Partners's Cyclically Adjusted PS Ratio of today is 5.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pinnacle Financial Partners was 10.51. The lowest was 3.66. And the median was 7.18.


Pinnacle Financial Partners Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pinnacle Financial Partners'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.

Pinnacle Financial Partners Cyclically Adjusted Revenue per Share Chart

Pinnacle Financial Partners 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 7.42 7.48 9.45 11.53 12.36

Pinnacle Financial Partners 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 11.62 12.13 12.56 12.36 13.03

Competitive Comparison of Pinnacle Financial Partners's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Pinnacle Financial Partners'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.


Pinnacle Financial Partners's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Pinnacle Financial Partners 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, Pinnacle Financial Partners'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)
=4.54/131.7762*131.7762
=4.540

Current CPI (Mar. 2024) = 131.7762.

Pinnacle Financial Partners Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.255 100.560 1.645
201409 1.378 100.428 1.808
201412 1.265 99.070 1.683
201503 1.738 99.621 2.299
201506 1.694 100.684 2.217
201509 1.796 100.392 2.357
201512 1.710 99.792 2.258
201603 2.080 100.470 2.728
201606 2.080 101.688 2.695
201609 2.132 101.861 2.758
201612 1.858 101.863 2.404
201703 2.145 102.862 2.748
201706 2.123 103.349 2.707
201709 2.175 104.136 2.752
201712 2.053 104.011 2.601
201803 2.194 105.290 2.746
201806 2.312 106.317 2.866
201809 2.373 106.507 2.936
201812 2.484 105.998 3.088
201903 2.463 107.251 3.026
201906 2.500 108.070 3.048
201909 2.774 108.329 3.374
201912 2.711 108.420 3.295
202003 2.746 108.902 3.323
202006 2.826 108.767 3.424
202009 2.902 109.815 3.482
202012 2.850 109.897 3.417
202103 3.016 111.754 3.556
202106 3.089 114.631 3.551
202109 3.305 115.734 3.763
202112 3.110 117.630 3.484
202203 3.454 121.301 3.752
202206 3.877 125.017 4.087
202209 4.636 125.227 4.878
202212 4.276 125.222 4.500
202303 4.402 127.348 4.555
202306 4.261 128.729 4.362
202309 4.374 129.860 4.439
202312 2.705 129.419 2.754
202403 4.540 131.776 4.540

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


Pinnacle Financial Partners  (FRA:PFZ) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=72.00/13.03
=5.53

* 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 Pinnacle Financial Partners was 10.51. The lowest was 3.66. And the median was 7.18.


Be Aware

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


Pinnacle Financial Partners Cyclically Adjusted Revenue per Share Related Terms

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


Pinnacle Financial Partners (FRA:PFZ) Business Description

Industry
Traded in Other Exchanges
Address
150 Third Avenue South, Suite 900, Nashville, TN, USA, 37201
Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. Its strategy relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, primarily real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.

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