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LCNB (LCNB) Cyclically Adjusted Revenue per Share : $6.26 (As of Mar. 2024)


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What is LCNB 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.

LCNB's adjusted revenue per share for the three months ended in Mar. 2024 was $1.300. 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 $6.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LCNB's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of LCNB was 5.30% per year. The lowest was 0.80% per year. And the median was 1.80% per year.

As of today (2024-05-26), LCNB's current stock price is $14.42. LCNB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.26. LCNB's Cyclically Adjusted PS Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LCNB was 4.82. The lowest was 2.05. And the median was 3.23.


LCNB Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for LCNB'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.

LCNB Cyclically Adjusted Revenue per Share Chart

LCNB 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 5.26 5.28 5.62 5.98 6.16

LCNB 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 6.08 6.14 6.18 6.16 6.26

Competitive Comparison of LCNB's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, LCNB'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.


LCNB's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



LCNB 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, LCNB'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)
=1.3/131.7762*131.7762
=1.300

Current CPI (Mar. 2024) = 131.7762.

LCNB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.203 100.560 1.576
201409 1.203 100.428 1.579
201412 1.113 99.070 1.480
201503 1.236 99.621 1.635
201506 1.370 100.684 1.793
201509 1.188 100.392 1.559
201512 1.095 99.792 1.446
201603 1.242 100.470 1.629
201606 1.273 101.688 1.650
201609 1.259 101.861 1.629
201612 1.195 101.863 1.546
201703 1.217 102.862 1.559
201706 1.247 103.349 1.590
201709 1.248 104.136 1.579
201712 1.231 104.011 1.560
201803 1.247 105.290 1.561
201806 1.240 106.317 1.537
201809 1.177 106.507 1.456
201812 1.140 105.998 1.417
201903 1.182 107.251 1.452
201906 1.221 108.070 1.489
201909 1.274 108.329 1.550
201912 1.240 108.420 1.507
202003 1.363 108.902 1.649
202006 1.301 108.767 1.576
202009 1.343 109.815 1.612
202012 1.345 109.897 1.613
202103 1.352 111.754 1.594
202106 1.417 114.631 1.629
202109 1.407 115.734 1.602
202112 1.345 117.630 1.507
202203 1.452 121.301 1.577
202206 1.589 125.017 1.675
202209 1.632 125.227 1.717
202212 1.594 125.222 1.677
202303 1.509 127.348 1.561
202306 1.552 128.729 1.589
202309 1.493 129.860 1.515
202312 1.401 129.419 1.427
202403 1.300 131.776 1.300

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


LCNB  (NAS:LCNB) 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.

LCNB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.42/6.26
=2.30

* 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 LCNB was 4.82. The lowest was 2.05. And the median was 3.23.


Be Aware

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


LCNB Cyclically Adjusted Revenue per Share Related Terms

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


LCNB (LCNB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LCNB Corp (NAS:LCNB) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
2 North Broadway, P.O. Box 59, Lebanon, OH, USA, 45036
LCNB Corp operates within the financial sector in the United States. As the holding company of the National Bank, it conducts the business of providing commercial and personal banking services. Its suite of banking products includes commercial and industrial loans, consumer loans, safe deposit boxes, night depositories, cashier's checks, utility bill collections, and notary public service. Besides, it provides the avenue of United States Treasury notes, the United States agency notes, certificates of deposit and equity securities.
Executives
Takeitha W Lawson director 7313 ENGLISH GARDEN LANE, ANDERSON TOWNSHIP OH 45230
Anne E Krehbiel director 7709 CHUMANI LANE, CINCINNATI OH 45243
Craig Millis Johnson director 3436 WHITFIELD AVE, CINCINNATI OH 45220
Michael Robert Miller officer: Exec. Vice President 8368 SQUIRRELL RIDGE DR, CINCINNATI OH 45243
Eric J Meilstrup officer: EVP/Cashier 225 DICKENS COURT, LEBANON OH 45036
Mulligan Lawrence P Jr. officer: Executive Vice President 218 S MAIN ST, MIDDLETOWN OH 45044
Steve P Foster director, officer: Chief Executive Officer 1017 COUNTRY CREEK DR, LEBONON OH 45036
Mary E Bradford director 4962 THUNDER RD, CLEVES OH 45002
William H Kaufman director 1017 COUNTRY CREEK DR, LEBONON OH 45036
William G Huddle director 9394 DIN EIDYN DR, DUBLIN OH 43017
Stephen P Wilson director, officer: President & CEO
John F Smiley officer: Exec Vice President 7119 COVENTRY WOODS DRIVE, DUBLIN OH 43017
Michael J Johrendt director 434 TARPON BLVD, FRIPP ISLAND SC 29920
Bradley Austin Ruppert officer: Executive Vice President 180 LAKEVIEW DR, FRANKLIN OH 45005
Leroy F Mckay officer: Executive Vice President 257 MECHANIC STREET, LEBANON OH 45036