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Truist Financial (Truist Financial) Cyclically Adjusted Revenue per Share : $17.86 (As of Dec. 2023)


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What is Truist 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.

Truist Financial's adjusted revenue per share for the three months ended in Dec. 2023 was $4.272. 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 $17.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Truist Financial's average Cyclically Adjusted Revenue Growth Rate was 2.90% 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 4.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% 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 Truist Financial was 7.90% per year. The lowest was 1.40% per year. And the median was 5.50% per year.

As of today (2024-04-27), Truist Financial's current stock price is $38.17. Truist Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.86. Truist Financial's Cyclically Adjusted PS Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Truist Financial was 4.12. The lowest was 1.51. And the median was 2.83.


Truist Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Truist 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.

Truist Financial Cyclically Adjusted Revenue per Share Chart

Truist 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 14.89 15.18 16.37 17.35 17.86

Truist Financial 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 17.64 17.81 17.95 17.86 -

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

For the Banks - Regional subindustry, Truist 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.


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

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

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



Truist 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, Truist 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)
=4.272/129.4194*129.4194
=4.272

Current CPI (Dec. 2023) = 129.4194.

Truist Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.256 99.695 4.227
201406 3.280 100.560 4.221
201409 3.267 100.428 4.210
201412 3.341 99.070 4.365
201503 3.264 99.621 4.240
201506 3.296 100.684 4.237
201509 3.243 100.392 4.181
201512 3.252 99.792 4.217
201603 3.297 100.470 4.247
201606 3.413 101.688 4.344
201609 3.392 101.861 4.310
201612 3.143 101.863 3.993
201703 3.379 102.862 4.251
201706 3.484 103.349 4.363
201709 3.490 104.136 4.337
201712 3.605 104.011 4.486
201803 3.556 105.290 4.371
201806 3.664 106.317 4.460
201809 3.742 106.507 4.547
201812 3.791 105.998 4.629
201903 3.744 107.251 4.518
201906 3.927 108.070 4.703
201909 3.871 108.329 4.625
201912 3.872 108.420 4.622
202003 4.133 108.902 4.912
202006 4.330 108.767 5.152
202009 4.103 109.815 4.835
202012 4.150 109.897 4.887
202103 4.008 111.754 4.642
202106 4.187 114.631 4.727
202109 4.156 115.734 4.647
202112 4.174 117.630 4.592
202203 3.969 121.301 4.235
202206 4.224 125.017 4.373
202209 4.374 125.227 4.520
202212 4.644 125.222 4.800
202303 4.555 127.348 4.629
202306 4.425 128.729 4.449
202309 4.231 129.860 4.217
202312 4.272 129.419 4.272

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


Truist Financial  (NYSE:TFC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=38.17/17.86
=2.14

* 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 Truist Financial was 4.12. The lowest was 1.51. And the median was 2.83.


Be Aware

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


Truist Financial Cyclically Adjusted Revenue per Share Related Terms

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


Truist Financial (Truist Financial) Business Description

Industry
Address
214 North Tryon Street, Charlotte, NC, USA, 28202
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.
Executives
Rogers William H Jr officer: President and COO 214 N TRYON STREET, CHARLOTTE NC 28202
Charles A Patton director 214 N TRYON STREET, CHARLOTTE NC 28202
David M Ratcliffe director 214 N TRYON STREET, CHARLOTTE NC 28202
Steven C Voorhees director 214 N TRYON STREET, CHARLOTTE NC 28202
Kelly S King officer: President- BB&T Corporation 214 N TRYON STREET, CHARLOTTE NC 28202
Denise M Demaio officer: Chief Audit Officer 214 N TRYON STREET, CHARLOTTE NC 28202
Joseph M Thompson officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Michael Baron Maguire officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Cummins Hugh S. Iii officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
David Hudson Weaver officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Starnes Clarke R Iii officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Daryl N. Bible officer: Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Boyer K. David Jr. director 214 N TRYON STREET, CHARLOTTE NC 28202
John M Howard officer: Chief Insurance Officer 214 N TRYON STREET, CHARLOTTE NC 28202
Brantley J Standridge officer: Sr. Exec. Vice President 214 N TRYON STREET, CHARLOTTE NC 28202