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Synovus Financial (Synovus Financial) Cyclically Adjusted Revenue per Share : $13.80 (As of Dec. 2023)


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What is Synovus Financial 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.

Synovus Financial's adjusted revenue per share for the three months ended in Dec. 2023 was $3.367. 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 $13.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Synovus Financial's average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -7.90% 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 Synovus Financial was 12.00% per year. The lowest was -15.40% per year. And the median was 4.30% per year.

As of today (2024-04-27), Synovus Financial's current stock price is $36.85. Synovus Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.80. Synovus Financial's Cyclically Adjusted PS Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Synovus Financial was 4.55. The lowest was 0.59. And the median was 2.53.


Synovus Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Synovus Financial'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.

Synovus Financial Cyclically Adjusted Revenue per Share Chart

Synovus Financial 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 11.10 10.99 11.79 12.93 13.80

Synovus Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.93 13.28 13.54 13.76 13.80

Competitive Comparison of Synovus Financial's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Synovus Financial'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.


Synovus Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Synovus Financial 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, Synovus Financial'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)
=3.367/129.4194*129.4194
=3.367

Current CPI (Dec. 2023) = 129.4194.

Synovus Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.896 99.695 2.461
201406 1.921 100.560 2.472
201409 1.920 100.428 2.474
201412 1.971 99.070 2.575
201503 1.983 99.621 2.576
201506 2.039 100.684 2.621
201509 2.078 100.392 2.679
201512 2.114 99.792 2.742
201603 2.198 100.470 2.831
201606 2.299 101.688 2.926
201609 2.377 101.861 3.020
201612 2.505 101.863 3.183
201703 2.533 102.862 3.187
201706 2.599 103.349 3.255
201709 3.267 104.136 4.060
201712 2.822 104.011 3.511
201803 2.861 105.290 3.517
201806 3.005 106.317 3.658
201809 3.076 106.507 3.738
201812 3.128 105.998 3.819
201903 2.928 107.251 3.533
201906 3.062 108.070 3.667
201909 3.186 108.329 3.806
201912 3.349 108.420 3.998
202003 3.215 108.902 3.821
202006 3.723 108.767 4.430
202009 3.321 109.815 3.914
202012 3.366 109.897 3.964
202103 3.237 111.754 3.749
202106 3.265 114.631 3.686
202109 3.384 115.734 3.784
202112 3.471 117.630 3.819
202203 3.393 121.301 3.620
202206 3.572 125.017 3.698
202209 3.976 125.227 4.109
202212 4.144 125.222 4.283
202303 3.980 127.348 4.045
202306 3.858 128.729 3.879
202309 3.520 129.860 3.508
202312 3.367 129.419 3.367

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


Synovus Financial  (NYSE:SNV) 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.

Synovus Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.85/13.8
=2.67

* 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 Synovus Financial was 4.55. The lowest was 0.59. And the median was 2.53.


Be Aware

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


Synovus Financial Cyclically Adjusted Revenue per Share Related Terms

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


Synovus Financial (Synovus Financial) Business Description

Industry
Address
1111 Bay Avenue, Suite 500, Columbus, GA, USA, 31901
Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.
Executives
Allan E Kamensky officer: EVP and General Counsel P.O. BOX 120, COLUMBUS GA 31902
Eli Samaha 10 percent owner ONE WORLD TRADE CENTER, FLOOR 65, NEW YORK NY 10007
Shellie Creson officer: EVP and Chief Risk Officer 1111 BAY AVENUE, COLUMBUS GA 31901
John H. Irby director 1111 BAY AVENUE, COLUMBUS GA 31901
Daniel Zachary Bishop officer: EVP, Tech., Ops., & Sec. 1111 BAY AVENUE, COLUMBUS GA 31901
Kevin S. Blair officer: President and CEO 1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Diana M Murphy director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Stacy Apter director 1111 BAY AVENUE, COLUMBUS GA 31901
Thomas T Dierdorff officer: EVP, Corp. & Inv. Banking 1111 BAY AVENUE, COLUMBUS GA 31901
Alexandra Villoch director 1111 BAY AVENUE, COLUMBUS GA 31901
Prochaska Joseph J Jr director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Teresa L White director 1932 WYNNTON RD, COLUMBUS GA 31999
Gregory Andrew J. Jr. officer: EVP & Chief Financial Officer 1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Robert Warren Derrick officer: EVP & Chief Credit Officer 1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Elizabeth D. Wolverton officer: EVP, Head Con. Bank. Brand Exp 1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901