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Mid Penn Bancorp (Mid Penn Bancorp) Cyclically Adjusted Revenue per Share : $11.89 (As of Mar. 2024)


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What is Mid Penn 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.

Mid Penn Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was $2.514. 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 $11.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mid Penn Bancorp's average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 Mid Penn Bancorp was 8.00% per year. The lowest was 5.20% per year. And the median was 5.90% per year.

As of today (2024-05-15), Mid Penn Bancorp's current stock price is $21.48. Mid Penn Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.89. Mid Penn Bancorp's Cyclically Adjusted PS Ratio of today is 1.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mid Penn Bancorp was 4.49. The lowest was 1.55. And the median was 2.40.


Mid Penn Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mid Penn 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.

Mid Penn Bancorp Cyclically Adjusted Revenue per Share Chart

Mid Penn 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 9.15 9.72 10.76 11.54 11.90

Mid Penn 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 11.75 11.87 11.95 11.90 11.89

Competitive Comparison of Mid Penn Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Mid Penn 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.


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

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

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



Mid Penn 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, Mid Penn 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)
=2.514/129.4194*129.4194
=2.514

Current CPI (Mar. 2024) = 129.4194.

Mid Penn Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.162 100.560 2.782
201409 2.069 100.428 2.666
201412 2.119 99.070 2.768
201503 2.123 99.621 2.758
201506 2.272 100.684 2.920
201509 2.184 100.392 2.815
201512 2.155 99.792 2.795
201603 2.258 100.470 2.909
201606 2.342 101.688 2.981
201609 2.400 101.861 3.049
201612 2.591 101.863 3.292
201703 2.487 102.862 3.129
201706 2.543 103.349 3.184
201709 2.614 104.136 3.249
201712 2.519 104.011 3.134
201803 2.096 105.290 2.576
201806 2.176 106.317 2.649
201809 2.344 106.507 2.848
201812 2.314 105.998 2.825
201903 2.287 107.251 2.760
201906 2.436 108.070 2.917
201909 2.454 108.329 2.932
201912 2.568 108.420 3.065
202003 2.427 108.902 2.884
202006 2.937 108.767 3.495
202009 3.127 109.815 3.685
202012 3.704 109.897 4.362
202103 3.549 111.754 4.110
202106 3.076 114.631 3.473
202109 2.722 115.734 3.044
202112 2.812 117.630 3.094
202203 2.482 121.301 2.648
202206 2.515 125.017 2.604
202209 2.827 125.227 2.922
202212 2.817 125.222 2.911
202303 2.503 127.348 2.544
202306 2.538 128.729 2.552
202309 2.543 129.860 2.534
202312 2.509 129.419 2.509
202403 2.514 129.419 2.514

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


Mid Penn Bancorp  (NAS:MPB) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.48/11.89
=1.81

* 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 Mid Penn Bancorp was 4.49. The lowest was 1.55. And the median was 2.40.


Be Aware

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


Mid Penn Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Mid Penn Bancorp (Mid Penn Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2407 Park Drive, Harrisburg, PA, USA, 17110
Mid Penn Bancorp Inc operates in the financial services domain. It conducts commercial banking and trust business in the United States. Its range of services comprises mortgage and home equity loans, secured and unsecured consists and consumer loans, lines of credit, construction financing, farm loans, community development, and local government loans, and various types of time and demand deposits.
Executives
Hudson Brian Arden Sr. director 2407 PARK DRIVE, HARRISBURG PA 17110
Theodore W Mowery director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert C Grubic director 2407 PARK DRIVE, HARRISBURG PA 17110
De Soto Matthew G director 2407 PARK DRIVE, HARRISBURG PA 17110
Albert J. Evans director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert A Abel director 2407 PARK DRIVE, HARRISBURG PA 17110
Kimberly J Brumbaugh director 349 UNION STREET, MILLERSBURG PA 17061
Joel L. Frank director 2407 PARK DRIVE, HARRISBURG PA 17110
Bruce A Kiefer director 2407 PARK DRIVE, HARRISBURG PA 17110
John E Noone director 2407 PARK DRIVE, HARRISBURG PA 17110
Frank Jr Gumina director 98 FAIRWAY BLVD, MONROE TOWNSHIP NJ 08831
Maureen M. Gathagan director 2407 PARK DRIVE, HARRISBURG PA 17110
Rory G Ritrievi director, officer: President & CEO 2407 PARK DRIVE, HARRISBURG PA 17110
Quandel Noble C Jr director 2407 PARK DRIVE, HARRISBURG PA 17110
Gregory M Kerwin director 2407 PARK DRIVE, HARRISBURG PA 17110