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Sturgis Bancorp (Sturgis Bancorp) Cyclically Adjusted Revenue per Share : $13.55 (As of Mar. 2024)


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What is Sturgis 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.

Sturgis Bancorp's adjusted revenue per share for the three months ended in Mar. 2024 was $4.550. 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 $13.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sturgis Bancorp's average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.50% 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 Sturgis Bancorp was 13.00% per year. The lowest was 10.50% per year. And the median was 12.60% per year.

As of today (2024-05-20), Sturgis Bancorp's current stock price is $17.50. Sturgis Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.55. Sturgis Bancorp's Cyclically Adjusted PS Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sturgis Bancorp was 4.14. The lowest was 1.17. And the median was 1.95.


Sturgis Bancorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sturgis 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.

Sturgis Bancorp Cyclically Adjusted Revenue per Share Chart

Sturgis 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 8.30 9.09 10.50 11.86 13.10

Sturgis 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 12.28 12.59 12.97 13.10 13.55

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

For the Banks - Regional subindustry, Sturgis 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.


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

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

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



Sturgis 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, Sturgis 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)
=4.55/131.7762*131.7762
=4.550

Current CPI (Mar. 2024) = 131.7762.

Sturgis Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200709 1.660 87.964 2.487
200712 2.141 88.616 3.184
201112 0.000 95.213 0.000
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
201603 1.939 100.470 2.543
201606 2.059 101.688 2.668
201609 2.118 101.861 2.740
201612 2.036 101.863 2.634
201703 2.034 102.862 2.606
201706 2.296 103.349 2.928
201709 2.122 104.136 2.685
201712 1.955 104.011 2.477
201803 2.178 105.290 2.726
201806 2.340 106.317 2.900
201809 2.387 106.507 2.953
201812 2.273 105.998 2.826
201903 2.345 107.251 2.881
201906 2.501 108.070 3.050
201909 2.567 108.329 3.123
201912 2.522 108.420 3.065
202003 2.782 108.902 3.366
202006 3.003 108.767 3.638
202009 3.382 109.815 4.058
202012 3.460 109.897 4.149
202103 3.257 111.754 3.841
202106 3.131 114.631 3.599
202109 3.491 115.734 3.975
202112 3.586 117.630 4.017
202203 3.305 121.301 3.590
202206 3.424 125.017 3.609
202209 3.752 125.227 3.948
202212 3.989 125.222 4.198
202303 4.120 127.348 4.263
202306 4.099 128.729 4.196
202309 4.917 129.860 4.990
202312 4.064 129.419 4.138
202403 4.550 131.776 4.550

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


Sturgis Bancorp  (OTCPK:STBI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.50/13.55
=1.29

* 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 Sturgis Bancorp was 4.14. The lowest was 1.17. And the median was 1.95.


Be Aware

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


Sturgis Bancorp Cyclically Adjusted Revenue per Share Related Terms

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


Sturgis Bancorp (Sturgis Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
113-125 East Chicago Road, Sturgis, MI, USA, 49091
Sturgis Bancorp Inc operates as a bank holding company. Its primary services include accepting deposits, making commercial and mortgage loans, engaging in mortgage banking activities, and providing investment brokerage advisory services. The majority of the revenues come from interest income and other sources, including loans, leases, securities, and derivatives.
Executives
Eric L Eishen director, officer: President/CEO 284 KRUSZKA, BRONSON MI 49091
David E Watters officer: Vice President/Trust Officer P O BOX 304, STURGIS MI 49091
Philip G Ward director 1000 S LAKEVIEW, STURGIS MI 49091
Gary E Metz officer: Vice President P O BOX 344, CENTREVILLE MI 49032
Dresser Raymond H Jr director 112 SOUTH MONROE STREET, STURGIS MI 49091
Leonard L Eishen director 66002 KNOLLWOOD DRIVE, STURGIS MI 49091
Janet M Stahl officer: Vice President 29601 WITT LAKE ROAD, STURGIS, STURGIS MI 49091

Sturgis Bancorp (Sturgis Bancorp) Headlines

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