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Hennes & Mauritz AB (Hennes & Mauritz AB) Cyclically Adjusted PS Ratio : 1.11 (As of May. 01, 2024)


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What is Hennes & Mauritz AB Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Hennes & Mauritz AB's current share price is $3.11. Hennes & Mauritz AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $2.80. Hennes & Mauritz AB's Cyclically Adjusted PS Ratio for today is 1.11.

The historical rank and industry rank for Hennes & Mauritz AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

HNNMY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.45   Max: 2.49
Current: 1.21

During the past years, Hennes & Mauritz AB's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 0.79. And the median was 1.45.

HNNMY's Cyclically Adjusted PS Ratio is ranked worse than
68.66% of 852 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs HNNMY: 1.21

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.

Hennes & Mauritz AB's adjusted revenue per share data for the three months ended in Feb. 2024 was $0.636. 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 $2.80 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hennes & Mauritz AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hennes & Mauritz AB'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.

Hennes & Mauritz AB Cyclically Adjusted PS Ratio Chart

Hennes & Mauritz AB Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.67 1.37 0.86 1.14

Hennes & Mauritz AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.95 0.95 1.15 1.14 0.95

Competitive Comparison of Hennes & Mauritz AB's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB'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.


Hennes & Mauritz AB's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hennes & Mauritz AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hennes & Mauritz AB's Cyclically Adjusted PS Ratio falls into.



Hennes & Mauritz AB 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.

Hennes & Mauritz AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.11/2.8
=1.11

* 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.

Hennes & Mauritz AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Hennes & Mauritz AB's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.636/130.9575*130.9575
=0.636

Current CPI (Feb. 2024) = 130.9575.

Hennes & Mauritz AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.696 100.225 0.909
201408 0.680 100.001 0.890
201411 0.695 100.068 0.910
201502 0.583 99.867 0.764
201505 0.665 100.285 0.868
201508 0.650 99.829 0.853
201511 0.678 100.129 0.887
201602 0.623 100.253 0.814
201605 0.689 100.914 0.894
201608 0.699 100.968 0.907
201611 0.698 101.517 0.900
201702 0.638 102.037 0.819
201705 0.707 102.679 0.902
201708 0.766 103.138 0.973
201711 0.726 103.413 0.919
201802 0.693 103.678 0.875
201805 0.717 104.632 0.897
201808 0.744 105.197 0.926
201811 0.752 105.443 0.934
201902 0.667 105.641 0.827
201905 0.724 106.895 0.887
201908 0.784 106.716 0.962
201911 0.774 107.345 0.944
202002 0.685 106.742 0.840
202005 0.356 106.882 0.436
202008 0.706 107.571 0.859
202011 0.734 107.549 0.894
202102 0.580 108.190 0.702
202105 0.673 108.838 0.810
202108 0.774 109.780 0.923
202111 0.780 111.069 0.920
202202 0.640 112.834 0.743
202205 0.663 116.746 0.744
202208 0.670 120.573 0.728
202211 0.712 123.803 0.753
202302 0.644 126.321 0.668
202305 0.676 128.034 0.691
202308 0.690 129.560 0.697
202311 0.722 130.958 0.722
202402 0.636 130.958 0.636

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.


Hennes & Mauritz AB  (OTCPK:HNNMY) 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.


Hennes & Mauritz AB Cyclically Adjusted PS Ratio Related Terms

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


Hennes & Mauritz AB (Hennes & Mauritz AB) Business Description

Address
Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (Hennes & Mauritz AB) Headlines