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Hanmi Financial (Hanmi Financial) Cyclically Adjusted Revenue per Share : $8.04 (As of Dec. 2023)


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What is Hanmi 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.

Hanmi Financial's adjusted revenue per share for the three months ended in Dec. 2023 was $1.974. 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 $8.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hanmi Financial's average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -11.70% 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 Hanmi Financial was 8.90% per year. The lowest was -20.90% per year. And the median was -9.40% per year.

As of today (2024-04-30), Hanmi Financial's current stock price is $15.57. Hanmi Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.04. Hanmi Financial's Cyclically Adjusted PS Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hanmi Financial was 4.01. The lowest was 0.68. And the median was 2.12.


Hanmi Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hanmi 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.

Hanmi Financial Cyclically Adjusted Revenue per Share Chart

Hanmi 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 7.09 6.22 6.68 7.52 8.04

Hanmi 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 7.72 7.87 8.00 8.04 -

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

For the Banks - Regional subindustry, Hanmi 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.


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

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

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



Hanmi 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, Hanmi 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)
=1.974/129.4194*129.4194
=1.974

Current CPI (Dec. 2023) = 129.4194.

Hanmi Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.041 99.695 1.351
201406 1.021 100.560 1.314
201409 1.191 100.428 1.535
201412 1.448 99.070 1.892
201503 1.508 99.621 1.959
201506 1.511 100.684 1.942
201509 1.553 100.392 2.002
201512 1.554 99.792 2.015
201603 1.426 100.470 1.837
201606 1.541 101.688 1.961
201609 1.504 101.861 1.911
201612 1.562 101.863 1.985
201703 1.540 102.862 1.938
201706 1.640 103.349 2.054
201709 1.666 104.136 2.070
201712 1.672 104.011 2.080
201803 1.578 105.290 1.940
201806 1.579 106.317 1.922
201809 1.597 106.507 1.941
201812 1.660 105.998 2.027
201903 1.665 107.251 2.009
201906 1.610 108.070 1.928
201909 1.650 108.329 1.971
201912 1.608 108.420 1.919
202003 1.647 108.902 1.957
202006 2.149 108.767 2.557
202009 1.730 109.815 2.039
202012 1.793 109.897 2.112
202103 1.823 111.754 2.111
202106 1.913 114.631 2.160
202109 2.044 115.734 2.286
202112 1.897 117.630 2.087
202203 1.958 121.301 2.089
202206 2.248 125.017 2.327
202209 2.369 125.227 2.448
202212 2.364 125.222 2.443
202303 2.175 127.348 2.210
202306 2.021 128.729 2.032
202309 2.049 129.860 2.042
202312 1.974 129.419 1.974

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


Hanmi Financial  (NAS:HAFC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.57/8.04
=1.94

* 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 Hanmi Financial was 4.01. The lowest was 0.68. And the median was 2.12.


Be Aware

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


Hanmi Financial Cyclically Adjusted Revenue per Share Related Terms

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


Hanmi Financial (Hanmi Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
900 Wilshire Boulevard, Suite 1250, Los Angeles, CA, USA, 90017
Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside California and plans to expand outside the state mainly through acquisitions. The Bank's revenues are derived from interest and fees on loans, interest, and dividends on the securities portfolio, service charges on deposit accounts, and sales of SBA loans.
Executives
Romolo Santarosa officer: SEVP, Corp. Finance & Strategy 6538 VERDE RIDGE ROAD, RANCHO PALOS VERDES CA 90275
Harry Chung director C/O IMPERIAL CAPITAL GROUP, INC., 2000 AVENUE OF THE STARS, 9TH FL. SOUTH, LOS ANGELES CA 90067
Michael Yang director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Gloria J Lee director 900 WILSHIRE BLVD., SUITE 1250, LOS ANGELES CA 90017
Joseph Pangrazio officer: Chief Accounting Officer 900 WILSHIRE BLVD., SUITE 1250, LOS ANGELES CA 90017
Gideon Yu director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
John J Ahn director 150 SOUTH FIFTH STREET, SUITE 1360, MINNEAPOLIS MN 55402
Patrick M Carr officer: Chief Accounting Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Bonita Lee officer: SEVP & Chief Operating Officer 3731 WILSHIRE BLVD, SUITE 1000, LOS ANGELES CA 90010
David L Rosenblum director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Anthony I. Kim officer: Chief Banking Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Michael Du officer: Chief Risk Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Joseph K Rho director 3660 WILSHIRS BLVD PH-A, LOS ANGELES CA 90010
Scott Diehl director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Kiho Choi director 3435 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90010