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Charles Schwab (Charles Schwab) Cyclically Adjusted Revenue per Share : $8.84 (As of Dec. 2023)


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What is Charles Schwab 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.

Charles Schwab's adjusted revenue per share for the three months ended in Dec. 2023 was $2.439. 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 $8.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Charles Schwab's average Cyclically Adjusted Revenue Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 Charles Schwab was 22.00% per year. The lowest was 0.50% per year. And the median was 8.00% per year.

As of today (2024-04-27), Charles Schwab's current stock price is $74.99. Charles Schwab's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.84. Charles Schwab's Cyclically Adjusted PS Ratio of today is 8.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Charles Schwab was 13.61. The lowest was 4.39. And the median was 7.94.


Charles Schwab Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Charles Schwab'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.

Charles Schwab Cyclically Adjusted Revenue per Share Chart

Charles Schwab 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 5.61 6.07 7.02 8.08 8.84

Charles Schwab 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 8.37 8.58 8.77 8.84 -

Competitive Comparison of Charles Schwab's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Charles Schwab'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.


Charles Schwab's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Charles Schwab's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Charles Schwab 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, Charles Schwab'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)
=2.439/129.4194*129.4194
=2.439

Current CPI (Dec. 2023) = 129.4194.

Charles Schwab Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.128 99.695 1.464
201406 1.120 100.560 1.441
201409 1.178 100.428 1.518
201412 1.176 99.070 1.536
201503 1.150 99.621 1.494
201506 1.179 100.684 1.515
201509 1.199 100.392 1.546
201512 1.271 99.792 1.648
201603 1.328 100.470 1.711
201606 1.370 101.688 1.744
201609 1.431 101.861 1.818
201612 1.475 101.863 1.874
201703 1.540 102.862 1.938
201706 1.577 103.349 1.975
201709 1.600 104.136 1.988
201712 1.653 104.011 2.057
201803 1.761 105.290 2.165
201806 1.823 106.317 2.219
201809 1.891 106.507 2.298
201812 1.970 105.998 2.405
201903 2.026 107.251 2.445
201906 2.005 108.070 2.401
201909 2.073 108.329 2.477
201912 2.015 108.420 2.405
202003 2.022 108.902 2.403
202006 1.893 108.767 2.252
202009 1.892 109.815 2.230
202012 2.248 109.897 2.647
202103 2.492 111.754 2.886
202106 2.388 114.631 2.696
202109 2.408 115.734 2.693
202112 2.474 117.630 2.722
202203 2.452 121.301 2.616
202206 2.675 125.017 2.769
202209 2.902 125.227 2.999
202212 2.935 125.222 3.033
202303 2.777 127.348 2.822
202306 2.551 128.729 2.565
202309 2.521 129.860 2.512
202312 2.439 129.419 2.439

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


Charles Schwab  (NYSE:SCHW) 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.

Charles Schwab's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=74.99/8.84
=8.48

* 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 Charles Schwab was 13.61. The lowest was 4.39. And the median was 7.94.


Be Aware

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


Charles Schwab Cyclically Adjusted Revenue per Share Related Terms

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


Charles Schwab (Charles Schwab) Business Description

Industry
Address
3000 Schwab Way, Westlake, TX, USA, 76262
Charles Schwab operates in brokerage, wealth management, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices, a well-established online investing website, and has mobile trading capabilities. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $7 trillion of client assets at the end of December 2022. Nearly all of its revenue is from the United States.
Executives
Carolyn Schwab-pomerantz director 3000 SCHWAB WAY, WESTLAKE TX 76262
Morgan Peter J. Iii officer: General Counsel 211 MAIN STREET, SAN FRANCISCO CA 94105
Peter B. Crawford officer: CFO 211 MAIN STREET, SAN FRANCISCO CA 94105
Charles R. Schwab director, officer: Co-Chairman PO BOX 2226, PALM BEACH FL 33480
Paula A Sneed director THREE LAKES DRIVE, NORTHFIELD IL 60093
Charles A. Ruffel director 3000 SCHWAB WAY, WESTLAKE TX 76262
Arun Sarin director C/O SAFEWAY INC., 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Joan Dea director 229 BRANNAN ST. #18G, SAN FRANCISCO CA 94107
Brian M Levitt director C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
Marianne Catherine Brown director 4094 TIMUQUANA ROAD, JACKSONVILLE FL 33210-8571
Richard A Wurster officer: President 3000 SCHWAB WAY, WESTLAKE TX 76262
Bernard J. Clark officer: MD, Head of Adivsor Services C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Gerri Martin-flickinger director C/O TABLEAU SOFTWARE, INC., 1621 N 34TH ST, SEATTLE WA 98103
Mark A Goldfarb director C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Stephen A Ellis director C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105

Charles Schwab (Charles Schwab) Headlines