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Hatton National Bank (COL:HNB.N0000) Cyclically Adjusted PS Ratio : 1.14 (As of Jun. 21, 2024)


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What is Hatton National Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Hatton National Bank's current share price is රු201.00. Hatton National Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was රු175.57. Hatton National Bank's Cyclically Adjusted PS Ratio for today is 1.14.

The historical rank and industry rank for Hatton National Bank's Cyclically Adjusted PS Ratio or its related term are showing as below:

COL:HNB.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.04   Max: 1.72
Current: 1.15

During the past years, Hatton National Bank's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.49. And the median was 1.04.

COL:HNB.N0000's Cyclically Adjusted PS Ratio is ranked better than
83.07% of 1199 companies
in the Banks industry
Industry Median: 2.33 vs COL:HNB.N0000: 1.15

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.

Hatton National Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was රු55.872. 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 රු175.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hatton National Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hatton National Bank'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.

Hatton National Bank Cyclically Adjusted PS Ratio Chart

Hatton National Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.11 1.05 0.51 0.98

Hatton National Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.82 0.85 1.02 0.98 1.00

Competitive Comparison of Hatton National Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Hatton National Bank'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.


Hatton National Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Hatton National Bank's Cyclically Adjusted PS Ratio falls into.



Hatton National Bank 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.

Hatton National Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=201.00/175.57
=1.14

* 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.

Hatton National Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hatton National Bank'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)
=55.872/131.7762*131.7762
=55.872

Current CPI (Mar. 2024) = 131.7762.

Hatton National Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.891 100.560 26.066
201409 18.030 100.428 23.658
201412 21.590 99.070 28.718
201503 20.772 99.621 27.477
201506 22.968 100.684 30.061
201509 22.191 100.392 29.128
201512 22.921 99.792 30.267
201603 24.772 100.470 32.491
201606 25.179 101.688 32.629
201609 28.180 101.861 36.456
201612 29.735 101.863 38.467
201703 30.702 102.862 39.332
201706 30.002 103.349 38.254
201709 26.279 104.136 33.254
201712 28.545 104.011 36.165
201803 29.599 105.290 37.045
201806 30.934 106.317 38.342
201809 33.863 106.507 41.897
201812 37.315 105.998 46.390
201903 35.047 107.251 43.061
201906 33.802 108.070 41.217
201909 34.185 108.329 41.584
201912 33.527 108.420 40.749
202003 33.108 108.902 40.062
202006 28.977 108.767 35.107
202009 31.089 109.815 37.306
202012 33.311 109.897 39.943
202103 34.324 111.754 40.473
202106 36.582 114.631 42.053
202109 36.295 115.734 41.326
202112 40.911 117.630 45.831
202203 58.758 121.301 63.832
202206 71.331 125.017 75.188
202209 74.158 125.227 78.037
202212 77.809 125.222 81.882
202303 70.552 127.348 73.005
202306 65.647 128.729 67.201
202309 64.123 129.860 65.069
202312 59.690 129.419 60.777
202403 55.872 131.776 55.872

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.


Hatton National Bank  (COL:HNB.N0000) 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.


Hatton National Bank Cyclically Adjusted PS Ratio Related Terms

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


Hatton National Bank (COL:HNB.N0000) Business Description

Traded in Other Exchanges
Address
T B Jayah Mawatha (Darley Road), HNB Towers, No. 479, P.O. Box 837, Colombo, LKA, 10
Hatton National Bank PLC is a private sector commercial bank operating in Sri Lanka. The company's segment includes Corporate; Retail; SME; Micro; Treasury; Real Estate; Insurance and NBFI. It generates maximum revenue from the Treasury segment.

Hatton National Bank (COL:HNB.N0000) Headlines

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