GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hatteras Financial Corp (NYSE:HTSPRA.PFD) » Definitions » Cyclically Adjusted Revenue per Share

HTSPRA.PFD (Hatteras Financial) Cyclically Adjusted Revenue per Share : $0.00 (As of Mar. 2016)


View and export this data going back to 2012. Start your Free Trial

What is Hatteras Financial Cyclically Adjusted Revenue per Share?

Note: As Cyclically Adjusted Revenue per Share is a main component used to calculate Cyclically Adjusted PS Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Hatteras Financial's adjusted revenue per share data for the fiscal year that ended in Dec. 2015 was $0.000. 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 $0.00 for the trailing ten years ended in Dec. 2015.

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.

As of today (2024-12-11), Hatteras Financial's current stock price is $ 25.01. Hatteras Financial's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2015 was $0.00. Hatteras Financial's Cyclically Adjusted PS Ratio of today is .


Hatteras Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hatteras Financial'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.

Hatteras Financial Cyclically Adjusted Revenue per Share Chart

Hatteras Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only - - - - -

Hatteras Financial Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 - - - - -

Competitive Comparison of Hatteras Financial's Cyclically Adjusted Revenue per Share

For the REIT - Residential subindustry, Hatteras Financial'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.


Hatteras Financial's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hatteras Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hatteras Financial 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, Hatteras Financial's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2015 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=/99.7924*99.7924
=0.000

Current CPI (Dec. 2015) = 99.7924.

Hatteras Financial does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate it.


Hatteras Financial  (NYSE:HTSPRA.PFD) 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.


Be Aware

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


Hatteras Financial Cyclically Adjusted Revenue per Share Related Terms

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


Hatteras Financial Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hatteras Financial Corp a Maryland Corp was incorporated on September 19, 2007. The Company is an externally-managed mortgage REIT that invests primarily in single-family residential mortgage real estate assets. In acquiring agency securities, the Company competes with mortgage REITs, mortgage finance and specialty finance companies, savings and loan associations, banks, mortgage bankers, insurance companies, mutual funds, institutional investors, investment banking firms, other lenders, governmental bodies and other entities.
Executives
Michael P Lau officer: President of Wind River 751 W. FOURTH STREET, SUITE 400, WINSTON-SALEM NC 27101
Nutt William V Jr director 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Vicki W Mcelreath director PO BOX 33068, CHARLOTTE NC 28233
Jeffrey Douglas Miller director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michael R Hough director, officer: Chief Executive Officer 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Benjamin M Hough director, officer: President and COO 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Thomas D Wren director C/O RAIT FINANCIAL TRUST, 2 LOGAN SQUARE, 100 N. 18TH ST., 23RD FL, PHILADELPHIA PA 19103
David W Berson director 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Boos Frederick J Ii officer: EVP and Co-CIO 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Kenneth A Steele officer: CFO, Treasurer and Secretary 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Ira G Kawaller director 751 W. FOURTH STREET, SUITE 400, WINSTON SALEM NC 27101
Gibbs William H Jr officer: EVP and Co-CIO 110 OAKWOOD DRIVE, SUITE 340, WINSTON SALEM NC 27103