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Home Capital Group (Home Capital Group) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Home Capital Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Home Capital Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Home Capital Group'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.

Home Capital Group Cyclically Adjusted PS Ratio Chart

Home Capital Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 4.56 3.52 4.71 4.56

Home Capital Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 3.00 3.24 4.56 4.20 4.41

Competitive Comparison of Home Capital Group's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Home Capital Group'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.


Home Capital Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Home Capital Group's Cyclically Adjusted PS Ratio falls into.



Home Capital Group 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.

Home Capital Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Home Capital Group's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=2.862/124.2033*124.2033
=2.862

Current CPI (Jun. 2023) = 124.2033.

Home Capital Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 1.746 97.419 2.226
201312 1.773 96.945 2.272
201403 1.742 98.604 2.194
201406 1.859 99.473 2.321
201409 1.837 99.394 2.296
201412 2.121 98.367 2.678
201503 1.604 99.789 1.996
201506 1.678 100.500 2.074
201509 1.554 100.421 1.922
201512 1.544 99.947 1.919
201603 1.564 101.054 1.922
201606 1.704 102.002 2.075
201609 1.692 101.765 2.065
201612 1.682 101.449 2.059
201703 1.717 102.634 2.078
201706 -0.716 103.029 -0.863
201709 0.968 103.345 1.163
201712 1.064 103.345 1.279
201803 0.991 105.004 1.172
201806 0.965 105.557 1.135
201809 1.005 105.636 1.182
201812 1.031 105.399 1.215
201903 1.264 106.979 1.468
201906 1.389 107.690 1.602
201909 1.510 107.611 1.743
201912 1.640 107.769 1.890
202003 1.695 107.927 1.951
202006 1.865 108.401 2.137
202009 1.986 108.164 2.280
202012 2.084 108.559 2.384
202103 2.129 110.298 2.397
202106 2.214 111.720 2.461
202109 2.120 112.905 2.332
202112 2.073 113.774 2.263
202203 2.269 117.646 2.395
202206 2.217 120.806 2.279
202209 2.221 120.648 2.286
202212 2.402 120.964 2.466
202303 2.587 122.702 2.619
202306 2.862 124.203 2.862

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.


Home Capital Group  (OTCPK:HMCBF) 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.


Home Capital Group Cyclically Adjusted PS Ratio Related Terms

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Home Capital Group (Home Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
145 King Street West, Suite 2300, Toronto, ON, CAN, M5H 1J8
Home Capital Group Inc is a specialty finance company that offers residential and commercial mortgage lending, securitization of insured mortgage products, consumer lending, and credit card services. The company also offers deposits via brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial. Home Capital's mortgage lending focuses on homeowners who typically do not meet all the lending criteria of traditional financial institutions.

Home Capital Group (Home Capital Group) Headlines

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