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Southside Bancshares (Southside Bancshares) Cyclically Adjusted Revenue per Share : $7.91 (As of Dec. 2023)


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What is Southside Bancshares 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.

Southside Bancshares's adjusted revenue per share for the three months ended in Dec. 2023 was $1.916. 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 $7.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Southside Bancshares's average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% 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 Southside Bancshares was 13.70% per year. The lowest was 0.60% per year. And the median was 6.60% per year.

As of today (2024-04-27), Southside Bancshares's current stock price is $27.27. Southside Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.91. Southside Bancshares's Cyclically Adjusted PS Ratio of today is 3.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Southside Bancshares was 6.33. The lowest was 3.25. And the median was 4.94.


Southside Bancshares Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Southside Bancshares'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.

Southside Bancshares Cyclically Adjusted Revenue per Share Chart

Southside Bancshares 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 6.65 6.71 7.18 7.67 7.91

Southside Bancshares 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 7.82 7.89 7.97 7.91 -

Competitive Comparison of Southside Bancshares's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Southside Bancshares'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.


Southside Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Southside Bancshares 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, Southside Bancshares's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.916/129.4194*129.4194
=1.916

Current CPI (Dec. 2023) = 129.4194.

Southside Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.488 99.695 1.932
201406 1.593 100.560 2.050
201409 1.419 100.428 1.829
201412 1.429 99.070 1.867
201503 1.606 99.621 2.086
201506 1.501 100.684 1.929
201509 1.534 100.392 1.978
201512 1.550 99.792 2.010
201603 1.747 100.470 2.250
201606 1.592 101.688 2.026
201609 1.654 101.861 2.101
201612 1.463 101.863 1.859
201703 1.492 102.862 1.877
201706 1.485 103.349 1.860
201709 1.466 104.136 1.822
201712 1.467 104.011 1.825
201803 1.517 105.290 1.865
201806 1.529 106.317 1.861
201809 1.479 106.507 1.797
201812 1.505 105.998 1.838
201903 1.492 107.251 1.800
201906 1.598 108.070 1.914
201909 1.571 108.329 1.877
201912 1.573 108.420 1.878
202003 1.774 108.902 2.108
202006 1.790 108.767 2.130
202009 1.736 109.815 2.046
202012 1.790 109.897 2.108
202103 1.812 111.754 2.098
202106 1.717 114.631 1.939
202109 1.863 115.734 2.083
202112 1.915 117.630 2.107
202203 1.824 121.301 1.946
202206 1.855 125.017 1.920
202209 2.032 125.227 2.100
202212 2.144 125.222 2.216
202303 2.067 127.348 2.101
202306 2.083 128.729 2.094
202309 2.087 129.860 2.080
202312 1.916 129.419 1.916

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


Southside Bancshares  (NAS:SBSI) 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.

Southside Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.27/7.91
=3.45

* 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 Southside Bancshares was 6.33. The lowest was 3.25. And the median was 4.94.


Be Aware

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


Southside Bancshares Cyclically Adjusted Revenue per Share Related Terms

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


Southside Bancshares (Southside Bancshares) Business Description

Industry
Traded in Other Exchanges
Address
1201 South Beckham Avenue, Tyler, TX, USA, 75701
Southside Bancshares Inc is a financial institution offering financial services to individuals, businesses, municipal entities, and non-profit organizations. It provides various services such as personal banking, business banking, mortgage, equity lending, wealth management and trust, and brokerage. The bank generates its revenue in the form of interest income, gains on sales of assets, and fee income.
Executives
Brian K Mccabe officer: Secretary & EVP PO BOX 1079, TYLER TX 75710
Sammons John F Jr director 1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
Jared C. Green officer: SVP 1201 S. BECKHAM, TYLER TX 75701
Lee R Gibson director, officer: Executive Vice President SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Herbert C Buie director
Tony K Morgan director PO BOX 1079, TYLER X1 75710
Cindy Blackstone officer: Chief Retail Officer 1201 S. BECKHAM AVE, TYLER TX 75701
Susan Elaine Anderson director PO BOX 1079, TYLER TX 75710
Keith Donahoe officer: RP CTX 1201 S. BECKHAM, TYLER TX 75701
Donald W Thedford director PO BOX 1079, TYLER TX 75710
Alton L. Frailey director 1201 S. BECKHAM AVE, TYLER TX 75701
William Sheehy director SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Julie Shamburger officer: Vice President & Controller SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Emily S Moore officer: HR DIRECTOR PO BOX 1079, TYLER TX 75710
Lawrence Lazelle Anderson director PO BOX 1079, TYLER` TX 75710

Southside Bancshares (Southside Bancshares) Headlines