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Servisfirst Bancshares (Servisfirst Bancshares) Cyclically Adjusted Revenue per Share : $6.46 (As of Dec. 2023)


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What is Servisfirst 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.

Servisfirst Bancshares's adjusted revenue per share for the three months ended in Dec. 2023 was $1.727. 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 $6.46 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Servisfirst Bancshares's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.30% 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 Servisfirst Bancshares was 19.00% per year. The lowest was 17.30% per year. And the median was 18.15% per year.

As of today (2024-04-27), Servisfirst Bancshares's current stock price is $60.75. Servisfirst Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.46. Servisfirst Bancshares's Cyclically Adjusted PS Ratio of today is 9.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Servisfirst Bancshares was 19.31. The lowest was 6.58. And the median was 10.83.


Servisfirst Bancshares Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Servisfirst 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.

Servisfirst Bancshares Cyclically Adjusted Revenue per Share Chart

Servisfirst 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 3.44 4.00 4.84 5.80 6.46

Servisfirst 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 6.03 6.22 6.38 6.46 -

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

For the Banks - Regional subindustry, Servisfirst 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.


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

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

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



Servisfirst 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, Servisfirst 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)
=1.727/129.4194*129.4194
=1.727

Current CPI (Dec. 2023) = 129.4194.

Servisfirst Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.673 99.695 0.874
201406 0.703 100.560 0.905
201409 0.706 100.428 0.910
201412 0.644 99.070 0.841
201503 0.764 99.621 0.993
201506 0.826 100.684 1.062
201509 0.860 100.392 1.109
201512 0.745 99.792 0.966
201603 0.896 100.470 1.154
201606 0.930 101.688 1.184
201609 0.978 101.861 1.243
201612 0.876 101.863 1.113
201703 1.046 102.862 1.316
201706 1.116 103.349 1.398
201709 1.168 104.136 1.452
201712 1.105 104.011 1.375
201803 1.234 105.290 1.517
201806 1.282 106.317 1.561
201809 1.327 106.507 1.612
201812 1.301 105.998 1.588
201903 1.363 107.251 1.645
201906 1.403 108.070 1.680
201909 1.464 108.329 1.749
201912 1.452 108.420 1.733
202003 1.557 108.902 1.850
202006 1.666 108.767 1.982
202009 1.720 109.815 2.027
202012 1.752 109.897 2.063
202103 1.854 111.754 2.147
202106 1.915 114.631 2.162
202109 1.915 115.734 2.141
202112 1.768 117.630 1.945
202203 2.085 121.301 2.225
202206 2.308 125.017 2.389
202209 2.481 125.227 2.564
202212 2.148 125.222 2.220
202303 2.102 127.348 2.136
202306 2.015 128.729 2.026
202309 1.977 129.860 1.970
202312 1.727 129.419 1.727

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


Servisfirst Bancshares  (NYSE:SFBS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=60.75/6.46
=9.40

* 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 Servisfirst Bancshares was 19.31. The lowest was 6.58. And the median was 10.83.


Be Aware

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


Servisfirst Bancshares Cyclically Adjusted Revenue per Share Related Terms

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


Servisfirst Bancshares (Servisfirst Bancshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2500 Woodcrest Place, Birmingham, AL, USA, 35209
Servisfirst Bancshares Inc is a bank holding company. It originates commercial, consumer and other loans and accepts deposits, provides electronic banking services, such as online and mobile banking, including remote deposit capture, delivers treasury and cash management services, and provides banking services to other financial institutions. The company offers a range of products and services which include telephone banking, direct deposit, Internet banking, mobile banking, boxes, and automatic account transfers.
Executives
Rodney Eldon Rushing officer: EVP-Correspondent Banking 2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Kirk Pressley officer: EVP, Strategic Planning 2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Thomas A Broughton director, officer: President and CEO 4229 OLD BROOK TRAIL, BIRMINGHAM AL 35243
Irma Loya Tuder director 116 CLIFTS COVE, MADISON AL 35758
Smith Hatton C.v. director 160 CLEAGE DRIVE, BIRMINGHAM AL 35217
Elizabeth Bugg Holloway director 7 MONTCREST DRIVE, BIRMINGHAM AL 35213
James J Filler director 2964 SHOOK HILL PARKWAY, BIRMINGHAM AL 35223
William M Foshee officer: EVP & CFO 5120 STRATFORD ROAD, BIRMINGHAM AL 35242
J. Richard Cashio director 3200 STERLING ROAD, BIRMINGHAM AL 35213
Henry Fulbrook Abbott officer: SVP, Chief Credit Officer 2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Andrew N Kattos officer: EVP, Huntsville Pres. of Bank P. O. BOX 18127, HUNTSVILLE AL 35804
G. Carlton Barker officer: EVP, Montgomery Pres. of Bank P. O. BOX 4008, MONTGOMERY AL 36104
Pouncey Clarence C. Iii officer: Executive VP and COO P. O. BOX 1508, BIRMINGHAM AL 35201-1508
Morris Buford Harrison Iii officer: EVP - Regional CEO 3207 FOXRIDGE ROAD, DOTHAN AL 36303
Rex D Mckinney officer: CEO - ServisFirst Bk Pensacola SERVISFIRST BANK, 316 S BAYLEN ST, STE 100, PENSACOLA FL 35202