GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hingham Institution for Savings (FRA:HS3) » Definitions » Cyclically Adjusted PS Ratio

Hingham Institution forvings (FRA:HS3) Cyclically Adjusted PS Ratio : 4.18 (As of May. 28, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Hingham Institution forvings Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Hingham Institution forvings's current share price is €153.00. Hingham Institution forvings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €36.59. Hingham Institution forvings's Cyclically Adjusted PS Ratio for today is 4.18.

The historical rank and industry rank for Hingham Institution forvings's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:HS3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.88   Med: 7.48   Max: 12.33
Current: 4.21

During the past years, Hingham Institution forvings's highest Cyclically Adjusted PS Ratio was 12.33. The lowest was 3.88. And the median was 7.48.

FRA:HS3's Cyclically Adjusted PS Ratio is ranked worse than
81.76% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs FRA:HS3: 4.21

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.

Hingham Institution forvings's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.433. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €36.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hingham Institution forvings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hingham Institution forvings's Cyclically Adjusted PS Ratio 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.

Hingham Institution forvings Cyclically Adjusted PS Ratio Chart

Hingham Institution forvings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.08 7.49 12.33 7.31 -

Hingham Institution forvings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 7.31 6.04 5.42 - 4.29

Competitive Comparison of Hingham Institution forvings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Hingham Institution forvings'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.


Hingham Institution forvings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Hingham Institution forvings's Cyclically Adjusted PS Ratio falls into.



Hingham Institution forvings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Hingham Institution forvings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=153.00/36.59
=4.18

* 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.

Hingham Institution forvings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hingham Institution forvings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.433/131.7762*131.7762
=6.433

Current CPI (Mar. 2024) = 131.7762.

Hingham Institution forvings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.905 99.695 7.805
201406 4.078 100.560 5.344
201409 4.485 100.428 5.885
201412 4.761 99.070 6.333
201503 5.473 99.621 7.240
201506 5.334 100.684 6.981
201509 5.487 100.392 7.202
201512 5.851 99.792 7.726
201603 5.919 100.470 7.763
201606 6.226 101.688 8.068
201609 6.286 101.861 8.132
201612 6.913 101.863 8.943
201703 6.761 102.862 8.661
201706 6.571 103.349 8.378
201709 6.314 104.136 7.990
201712 6.556 104.011 8.306
201803 6.585 105.290 8.242
201806 6.499 106.317 8.055
201809 6.899 106.507 8.536
201812 4.857 105.998 6.038
201903 7.709 107.251 9.472
201906 7.214 108.070 8.797
201909 7.536 108.329 9.167
201912 8.572 108.420 10.419
202003 4.255 108.902 5.149
202006 11.511 108.767 13.946
202009 10.384 109.815 12.461
202012 10.891 109.897 13.059
202103 10.758 111.754 12.685
202106 11.770 114.631 13.530
202109 10.082 115.734 11.479
202112 12.033 117.630 13.480
202203 10.003 121.301 10.867
202206 6.212 125.017 6.548
202209 10.293 125.227 10.831
202212 10.396 125.222 10.940
202303 7.957 127.348 8.234
202306 7.877 128.729 8.063
202312 0.000 129.419 0.000
202403 6.433 131.776 6.433

Add all the adjusted revenue per share together and divide 10 will get our 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.


Hingham Institution forvings  (FRA:HS3) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Hingham Institution forvings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Hingham Institution forvings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hingham Institution forvings (FRA:HS3) Business Description

Traded in Other Exchanges
Address
55 Main Street, Hingham, MA, USA, 02043
Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.

Hingham Institution forvings (FRA:HS3) Headlines

No Headlines