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Hawaiian Electric Industries (FRA:HWI) Cyclically Adjusted Revenue per Share : €28.47 (As of Mar. 2024)


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What is Hawaiian Electric Industries 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.

Hawaiian Electric Industries's adjusted revenue per share for the three months ended in Mar. 2024 was €7.471. 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 €28.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hawaiian Electric Industries's average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.70% 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 Hawaiian Electric Industries was 5.80% per year. The lowest was -2.60% per year. And the median was 1.00% per year.

As of today (2024-05-16), Hawaiian Electric Industries's current stock price is €10.155. Hawaiian Electric Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €28.47. Hawaiian Electric Industries's Cyclically Adjusted PS Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hawaiian Electric Industries was 1.63. The lowest was 0.30. And the median was 1.07.


Hawaiian Electric Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hawaiian Electric Industries'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.

Hawaiian Electric Industries Cyclically Adjusted Revenue per Share Chart

Hawaiian Electric Industries 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 27.25 24.10 27.06 29.94 29.05

Hawaiian Electric Industries 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 29.14 29.42 30.68 29.05 28.47

Competitive Comparison of Hawaiian Electric Industries's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries'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.


Hawaiian Electric Industries's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hawaiian Electric Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hawaiian Electric Industries's Cyclically Adjusted PS Ratio falls into.



Hawaiian Electric Industries 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, Hawaiian Electric Industries'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)
=7.471/131.7762*131.7762
=7.471

Current CPI (Mar. 2024) = 131.7762.

Hawaiian Electric Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.773 100.560 7.565
201409 6.531 100.428 8.570
201412 6.142 99.070 8.170
201503 5.691 99.621 7.528
201506 5.162 100.684 6.756
201509 5.931 100.392 7.785
201512 5.312 99.792 7.015
201603 4.590 100.470 6.020
201606 4.661 101.688 6.040
201609 5.307 101.861 6.866
201612 5.383 101.863 6.964
201703 5.081 102.862 6.509
201706 5.172 103.349 6.595
201709 5.188 104.136 6.565
201712 5.105 104.011 6.468
201803 4.804 105.290 6.012
201806 5.383 106.317 6.672
201809 6.036 106.507 7.468
201812 6.124 105.998 7.613
201903 5.359 107.251 6.584
201906 5.796 108.070 7.067
201909 6.400 108.329 7.785
201912 5.967 108.420 7.252
202003 5.604 108.902 6.781
202006 4.947 108.767 5.994
202009 4.981 109.815 5.977
202012 4.907 109.897 5.884
202103 4.933 111.754 5.817
202106 5.156 114.631 5.927
202109 5.871 115.734 6.685
202112 6.222 117.630 6.970
202203 6.502 121.301 7.063
202206 7.726 125.017 8.144
202209 9.595 125.227 10.097
202212 8.748 125.222 9.206
202303 7.894 127.348 8.169
202306 7.531 128.729 7.709
202309 7.688 129.860 7.801
202312 7.947 129.419 8.092
202403 7.471 131.776 7.471

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


Hawaiian Electric Industries  (FRA:HWI) 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.

Hawaiian Electric Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.155/28.47
=0.36

* 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 Hawaiian Electric Industries was 1.63. The lowest was 0.30. And the median was 1.07.


Be Aware

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


Hawaiian Electric Industries Cyclically Adjusted Revenue per Share Related Terms

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


Hawaiian Electric Industries (FRA:HWI) Business Description

Traded in Other Exchanges
Address
1001 Bishop Street, Suite 2900, Honolulu, HI, USA, 96813
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai. Nearly 40% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.

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