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Huntington Bancshares (STU:HU3) Cyclically Adjusted Revenue per Share : €4.66 (As of Mar. 2024)


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What is Huntington Bancshares 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.

Huntington Bancshares's adjusted revenue per share for the three months ended in Mar. 2024 was €1.095. 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 €4.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huntington Bancshares's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% 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 Huntington Bancshares was 7.70% per year. The lowest was -9.50% per year. And the median was 2.30% per year.

As of today (2024-06-05), Huntington Bancshares's current stock price is €12.446. Huntington Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.66. Huntington Bancshares's Cyclically Adjusted PS Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Huntington Bancshares was 4.16. The lowest was 1.20. And the median was 2.78.


Huntington Bancshares Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Huntington Bancshares'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.

Huntington Bancshares Cyclically Adjusted Revenue per Share Chart

Huntington Bancshares 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 3.51 3.17 3.88 4.42 4.54

Huntington Bancshares 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 4.48 4.53 4.65 4.54 4.66

Competitive Comparison of Huntington Bancshares's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Huntington Bancshares'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.


Huntington Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Huntington Bancshares 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, Huntington Bancshares'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)
=1.095/131.7762*131.7762
=1.095

Current CPI (Mar. 2024) = 131.7762.

Huntington Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.626 100.560 0.820
201409 0.668 100.428 0.877
201412 0.690 99.070 0.918
201503 0.784 99.621 1.037
201506 0.839 100.684 1.098
201509 0.819 100.392 1.075
201512 0.869 99.792 1.148
201603 0.828 100.470 1.086
201606 0.853 101.688 1.105
201609 0.868 101.861 1.123
201612 0.917 101.863 1.186
201703 0.877 102.862 1.124
201706 0.859 103.349 1.095
201709 0.825 104.136 1.044
201712 0.767 104.011 0.972
201803 0.782 105.290 0.979
201806 0.854 106.317 1.059
201809 0.888 106.507 1.099
201812 0.952 105.998 1.184
201903 0.948 107.251 1.165
201906 0.977 108.070 1.191
201909 1.026 108.329 1.248
201912 1.002 108.420 1.218
202003 1.007 108.902 1.219
202006 1.021 108.767 1.237
202009 1.026 109.815 1.231
202012 0.979 109.897 1.174
202103 1.103 111.754 1.301
202106 0.946 114.631 1.087
202109 0.969 115.734 1.103
202112 0.991 117.630 1.110
202203 1.020 121.301 1.108
202206 1.129 125.017 1.190
202209 1.311 125.227 1.380
202212 1.261 125.222 1.327
202303 1.221 127.348 1.263
202306 1.159 128.729 1.186
202309 1.198 129.860 1.216
202312 1.110 129.419 1.130
202403 1.095 131.776 1.095

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


Huntington Bancshares  (STU:HU3) 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.

Huntington Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.446/4.66
=2.67

* 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 Huntington Bancshares was 4.16. The lowest was 1.20. And the median was 2.78.


Be Aware

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


Huntington Bancshares Cyclically Adjusted Revenue per Share Related Terms

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


Huntington Bancshares (STU:HU3) Business Description

Industry
Address
41 South High Street, Huntington Center, Columbus, OH, USA, 43287
Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.

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