GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Access Hldgs Plc (NSA:ACCESSCORP) » Definitions » Cyclically Adjusted Revenue per Share

Access Hldgs (NSA:ACCESSCORP) Cyclically Adjusted Revenue per Share : ₦18.56 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Access Hldgs 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.

Access Hldgs's adjusted revenue per share for the three months ended in Mar. 2024 was ₦14.080. 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 ₦18.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Access Hldgs's average Cyclically Adjusted Revenue Growth Rate was 34.10% 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.

As of today (2024-06-09), Access Hldgs's current stock price is ₦17.25. Access Hldgs's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₦18.56. Access Hldgs's Cyclically Adjusted PS Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Access Hldgs was 1.76. The lowest was 0.59. And the median was 0.84.


Access Hldgs Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Access Hldgs'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.

Access Hldgs Cyclically Adjusted Revenue per Share Chart

Access Hldgs 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 - - 11.19 13.14 17.08

Access Hldgs 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 13.84 14.55 15.52 17.08 18.56

Competitive Comparison of Access Hldgs's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Access Hldgs'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.


Access Hldgs's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Access Hldgs 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, Access Hldgs'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)
=14.08/131.7762*131.7762
=14.080

Current CPI (Mar. 2024) = 131.7762.

Access Hldgs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.661 100.560 2.177
201409 1.937 100.428 2.542
201412 1.751 99.070 2.329
201503 2.341 99.621 3.097
201506 2.780 100.684 3.638
201509 2.393 100.392 3.141
201512 1.934 99.792 2.554
201603 2.035 100.470 2.669
201606 2.435 101.688 3.155
201609 2.386 101.861 3.087
201612 1.974 101.863 2.554
201703 2.733 102.862 3.501
201706 3.040 103.349 3.876
201709 2.518 104.136 3.186
201712 1.888 104.011 2.392
201803 2.907 105.290 3.638
201806 2.257 106.317 2.797
201809 2.295 106.507 2.840
201812 3.257 105.998 4.049
201903 3.489 107.251 4.287
201906 2.363 108.070 2.881
201909 3.214 108.329 3.910
201912 1.799 108.420 2.187
202003 3.744 108.902 4.530
202006 3.037 108.767 3.679
202009 3.975 109.815 4.770
202012 3.019 109.897 3.620
202103 4.569 111.754 5.388
202106 4.111 114.631 4.726
202109 4.178 115.734 4.757
202112 3.503 117.630 3.924
202203 5.409 121.301 5.876
202206 5.557 125.017 5.857
202209 5.185 125.227 5.456
202212 4.903 125.222 5.160
202303 6.883 127.348 7.122
202306 7.296 128.729 7.469
202309 10.440 129.860 10.594
202312 17.753 129.419 18.076
202403 14.080 131.776 14.080

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


Access Hldgs  (NSA:ACCESSCORP) 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.

Access Hldgs's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.25/18.56
=0.93

* 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 Access Hldgs was 1.76. The lowest was 0.59. And the median was 0.84.


Be Aware

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


Access Hldgs Cyclically Adjusted Revenue per Share Related Terms

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


Access Hldgs (NSA:ACCESSCORP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Prince Alaba Abiodun, Oniru Street, 14th Floor, Plot 14/15, Access Towers, Oniru Estate, Victoria Island, Lagos, NGA
Access Bank PLC is a full-service commercial bank based in Nigeria. It serves primarily through four market segments, namely Retail Banking, Business Banking, Commercial Banking, and Corporate and Investment Banking. The Commercial Banking segment provides commercial banking products and services to the non-institutional clients, medium and small corporate segments of the Nigerian market. Corporate & investment banking provides bespoke comprehensive banking products and a full range of services to multinationals, large domestic corporations, and other institutional clients. Retail banking provides financial products and services to individuals and the private banking segment. It has three geographical segments, which include Nigeria, the Rest of Africa, and Europe.

Access Hldgs (NSA:ACCESSCORP) Headlines

No Headlines