GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OP Bancorp (NAS:OPBK) » Definitions » Cyclically Adjusted Revenue per Share

OP Bancorp (OP Bancorp) Cyclically Adjusted Revenue per Share : $4.85 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is OP 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.

OP Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was $1.305. 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 $4.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OP Bancorp's average Cyclically Adjusted Revenue Growth Rate was 13.60% 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 (2024-05-24), OP Bancorp's current stock price is $9.87. OP Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.85. OP Bancorp's Cyclically Adjusted PS Ratio of today is 2.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of OP Bancorp was 2.41. The lowest was 1.79. And the median was 2.06.


OP Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for OP 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.

OP Bancorp Cyclically Adjusted Revenue per Share Chart

OP 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 - - - - 4.71

OP 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 4.27 4.47 4.63 4.71 4.85

Competitive Comparison of OP Bancorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, OP 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.


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

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

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



OP 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, OP 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)
=1.305/131.7762*131.7762
=1.305

Current CPI (Mar. 2024) = 131.7762.

OP Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200606 0.531 85.606 0.817
200609 0.695 85.606 1.070
200612 0.663 85.142 1.026
200703 0.730 86.640 1.110
200706 0.692 87.906 1.037
200709 0.877 87.964 1.314
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201703 0.783 102.862 1.003
201706 0.806 103.349 1.028
201709 0.845 104.136 1.069
201712 0.878 104.011 1.112
201803 0.851 105.290 1.065
201806 0.793 106.317 0.983
201809 0.787 106.507 0.974
201812 0.724 105.998 0.900
201903 0.889 107.251 1.092
201906 0.867 108.070 1.057
201909 0.872 108.329 1.061
201912 0.862 108.420 1.048
202003 0.861 108.902 1.042
202006 0.841 108.767 1.019
202009 0.951 109.815 1.141
202012 1.033 109.897 1.239
202103 1.043 111.754 1.230
202106 1.111 114.631 1.277
202109 1.324 115.734 1.508
202112 1.602 117.630 1.795
202203 1.411 121.301 1.533
202206 1.604 125.017 1.691
202209 1.647 125.227 1.733
202212 1.540 125.222 1.621
202303 1.449 127.348 1.499
202306 1.375 128.729 1.408
202309 1.315 129.860 1.334
202312 1.314 129.419 1.338
202403 1.305 131.776 1.305

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


OP Bancorp  (NAS:OPBK) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.87/4.85
=2.04

* 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 OP Bancorp was 2.41. The lowest was 1.79. And the median was 2.06.


Be Aware

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


OP Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


OP Bancorp (OP Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OP Bancorp (NAS:OPBK) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017
OP Bancorp is engaged in the financial service domain in the United States. It is a holding company of the Open Bank, which is a California state-chartered an FDIC-insured financial institution. The company core activities reflect accepting deposits and making loans and investments. Its deposit products are demand and time deposits, and the primary lending products are commercial business loans which are offered to small and medium-sized businesses.
Executives
Hyung J Kim director 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Sunny Kwon director 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Yong Sin Shin director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Brian Choi director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ock Hee Kim director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ryan Shin officer: Chief SBA Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Jae H. Park officer: Chief Risk Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ki Won Yoon officer: Chief Lending Officer 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Kathrine Duncan officer: Chief Risk Officer 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ihnsuk Jimmy Bang officer: Chief Banking Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ernest Dow director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Christine Yoon Oh officer: Chief Financial Officer 3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010
Myung Park director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Jason Hwang director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Sang Kyo Oh officer: CHIEF CREDIT OFFICER 1000 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90017

OP Bancorp (OP Bancorp) Headlines

From GuruFocus

OP Bancorp to Acquire SBA Loan Portfolio

By Business Wire Business Wire 02-03-2021

OP Bancorp Announces Additional Stock Repurchase Program

By Business Wire Business Wire 09-10-2020

OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share

By Business Wire Business Wire 04-27-2023

OP Bancorp Declares Quarterly Cash Dividend of $0.10 per Share

By Business Wire Business Wire 01-27-2022

OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per Share

By Business Wire Business Wire 10-27-2022

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 04-24-2020

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 04-22-2021