GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hannover Rueck SE (OTCPK:HVRRY) » Definitions » Cyclically Adjusted Revenue per Share

Hannover Rueck SE (Hannover Rueck SE) Cyclically Adjusted Revenue per Share : $28.57 (As of Dec. 2023)


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

What is Hannover Rueck SE 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.

Hannover Rueck SE's adjusted revenue per share for the three months ended in Dec. 2023 was $-24.612. 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 $28.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hannover Rueck SE's average Cyclically Adjusted Revenue Growth Rate was -4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Hannover Rueck SE was 8.50% per year. The lowest was 2.40% per year. And the median was 6.05% per year.

As of today (2024-04-28), Hannover Rueck SE's current stock price is $41.0902. Hannover Rueck SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $28.57. Hannover Rueck SE's Cyclically Adjusted PS Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hannover Rueck SE was 1.64. The lowest was 0.79. And the median was 1.01.


Hannover Rueck SE Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hannover Rueck SE'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.

Hannover Rueck SE Cyclically Adjusted Revenue per Share Chart

Hannover Rueck SE 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 25.73 29.35 29.87 28.87 28.57

Hannover Rueck SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.87 30.44 31.02 30.47 28.57

Competitive Comparison of Hannover Rueck SE's Cyclically Adjusted Revenue per Share

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.


Hannover Rueck SE's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hannover Rueck SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hannover Rueck SE's Cyclically Adjusted PS Ratio falls into.



Hannover Rueck SE 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, Hannover Rueck SE'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)
=-24.612/123.6675*123.6675
=-24.612

Current CPI (Dec. 2023) = 123.6675.

Hannover Rueck SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.262 99.543 7.780
201406 6.142 99.543 7.631
201409 6.312 99.823 7.820
201412 6.707 99.543 8.332
201503 5.766 99.717 7.151
201506 6.163 100.417 7.590
201509 6.591 100.417 8.117
201512 6.441 99.717 7.988
201603 6.039 100.017 7.467
201606 6.275 100.717 7.705
201609 6.226 101.017 7.622
201612 5.935 101.217 7.251
201703 6.129 101.417 7.474
201706 6.509 102.117 7.883
201709 7.279 102.717 8.764
201712 7.413 102.617 8.934
201803 7.508 102.917 9.022
201806 7.609 104.017 9.046
201809 7.830 104.718 9.247
201812 7.883 104.217 9.354
201903 7.817 104.217 9.276
201906 8.173 105.718 9.561
201909 8.371 106.018 9.765
201912 9.044 105.818 10.570
202003 8.512 105.718 9.957
202006 8.907 106.618 10.331
202009 9.344 105.818 10.920
202012 10.553 105.518 12.368
202103 10.100 107.518 11.617
202106 10.412 108.486 11.869
202109 10.778 109.435 12.180
202112 11.120 110.384 12.458
202203 11.103 113.968 12.048
202206 8.476 115.760 9.055
202209 9.795 118.818 10.195
202212 -26.922 119.345 -27.897
202303 9.376 122.402 9.473
202306 8.027 123.140 8.061
202309 8.918 124.195 8.880
202312 -24.612 123.668 -24.612

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


Hannover Rueck SE  (OTCPK:HVRRY) 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.

Hannover Rueck SE's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=41.0902/28.57
=1.44

* 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 Hannover Rueck SE was 1.64. The lowest was 0.79. And the median was 1.01.


Be Aware

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


Hannover Rueck SE Cyclically Adjusted Revenue per Share Related Terms

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


Hannover Rueck SE (Hannover Rueck SE) Business Description

Industry
Traded in Other Exchanges
Address
Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.

Hannover Rueck SE (Hannover Rueck SE) Headlines