Heritage Insurance Holdings (FRA:11H) Cyclically Adjusted Revenue per Share: €22.55 (As of Jun. 2026)

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FRA:11H Heritage Insurance Holdings Inc FRA:11H
63 GF Score
Price €29.18
GF Value €23.27
! 6 Warning Signs
View Full Analysis

What is Heritage Insurance Holdings Cyclically Adjusted Revenue per Share?

Heritage Insurance Holdings FRA:11H -0.41% 63 Cyclically Adjusted Revenue per Share is €22.55 as of Jun. 2026. GuruFocus rates FRA:11H with a GF Score™ of 63/100 and a GF Value™ of €23.27. The stock has 6 warning signs investors should review.

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.

Heritage Insurance Holdings's adjusted revenue per share for the three months ended in Jun. 2026 was €6.182. 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 €22.55 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Heritage Insurance Holdings's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.20% 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 Heritage Insurance Holdings was 10.20% per year. The lowest was 10.20% per year. And the median was 10.20% per year.

As of today (2026-08-19), Heritage Insurance Holdings's current stock price is €29.18. Heritage Insurance Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €22.55. Heritage Insurance Holdings's Cyclically Adjusted PS Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Heritage Insurance Holdings was 1.32. The lowest was 0.07. And the median was 0.48.


Heritage Insurance Holdings  (FRA:11H) 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.

Heritage Insurance Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.18/22.55
=1.29

* 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 Heritage Insurance Holdings was 1.32. The lowest was 0.07. And the median was 0.48.


Be Aware

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


Heritage Insurance Holdings Cyclically Adjusted Revenue per Share Related Terms


Heritage Insurance Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Heritage Insurance Holdings'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.

Heritage Insurance Holdings Cyclically Adjusted Revenue per Share Chart

Heritage Insurance Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 16.85 18.95 22.04 20.86

Heritage Insurance Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.22 19.98 20.86 21.98 22.55

FRA:11H vs ROOT, HIPO, DGICA: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Property & Casualty subindustry, Heritage Insurance Holdings'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.


Heritage Insurance Holdings Cyclically Adjusted PS Ratio vs Insurance Industry

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

* The bar in red indicates where Heritage Insurance Holdings's Cyclically Adjusted PS Ratio falls into.


FRA:11H
63GF Score
Heritage Insurance Holdings Inc FRA:11H
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heritage Insurance Holdings 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, Heritage Insurance Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.182/333.9520*333.9520
=6.182

Current CPI (Jun. 2026) = 333.9520.

Heritage Insurance Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.334 241.428 4.612
201612 3.326 241.432 4.601
201703 3.223 243.801 4.415
201706 3.050 244.955 4.158
201709 3.299 246.819 4.464
201712 3.785 246.524 5.127
201803 3.399 249.554 4.549
201806 3.837 251.989 5.085
201809 4.122 252.439 5.453
201812 4.100 251.233 5.450
201903 3.542 254.202 4.653
201906 3.704 256.143 4.829
201909 4.100 256.759 5.333
201912 4.317 256.974 5.610
202003 4.207 258.115 5.443
202006 4.327 257.797 5.605
202009 5.054 260.280 6.485
202012 4.726 260.474 6.059
202103 4.445 264.877 5.604
202106 4.467 271.696 5.491
202109 5.093 274.310 6.200
202112 5.363 278.802 6.424
202203 5.376 287.504 6.245
202206 5.857 296.311 6.601
202209 6.339 296.808 7.132
202212 6.397 296.797 7.198
202303 6.450 301.836 7.136
202306 6.675 305.109 7.306
202309 6.538 307.789 7.094
202312 4.139 306.746 4.506
202403 6.154 312.332 6.580
202406 6.158 314.175 6.546
202409 6.209 315.301 6.576
202412 4.971 315.605 5.260
202503 6.945 319.799 7.252
202506 5.806 322.561 6.011
202509 5.835 324.800 5.999
202512 3.929 324.054 4.049
202603 6.395 330.213 6.467
202606 6.182 333.952 6.182

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

What does a Cyclically Adjusted Revenue per Share of €22.55 mean?
Heritage Insurance Holdings (FRA:11H) has a Cyclically Adjusted Revenue per Share of €22.55 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Heritage Insurance Holdings and its competitors.
Is Heritage Insurance Holdings' Cyclically Adjusted Revenue per Share too high?
Heritage Insurance Holdings' current Cyclically Adjusted Revenue per Share is €22.55. Overall, Heritage Insurance Holdings has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Heritage Insurance Holdings' Cyclically Adjusted Revenue per Share compare to ROOT and HIPO?
Heritage Insurance Holdings' Cyclically Adjusted Revenue per Share of €22.55 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Heritage Insurance Holdings and its competitors. Heritage Insurance Holdings's current Cyclically Adjusted Revenue per Share is €22.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Insurance Holdings stock overvalued right now?
Heritage Insurance Holdings (FRA:11H) has a current Cyclically Adjusted Revenue per Share of €22.55. The stock's GF Value™ is €23.27, compared to a current price of €29.18 — trading 25.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €22.55. Heritage Insurance Holdings' overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Heritage Insurance Holdings (FRA:11H), the current Cyclically Adjusted Revenue per Share is €22.55 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heritage Insurance Holdings (FRA:11H) Overvalued in 2026?

Based on GuruFocus' analysis, Heritage Insurance Holdings stock appears to be overvalued. The current stock price of €29.18 is trading 25.4% above its estimated GF Value™ of €23.27.

Key valuation signals for FRA:11H:

  • Cyclically Adjusted Revenue per Share: €22.55
  • GF Value™: €23.27 vs. price of €29.18 (25.4% above fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the FRA:11H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heritage Insurance Holdings Business Description

Other Exchanges HRTG:USA11H:Germany
Address 1401 North Westshore Boulevard, Tampa, FL, USA, 33607
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance across various states in the U.S. It also offers commercial residential insurance predominantly for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally. The company operates in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, and South Carolina.
63GF Score

Get the complete analysis for FRA:11H

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.18
Price
€23.27
GF Value