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Huntington Bancshares (MEX:HBAN) Cyclically Adjusted Revenue per Share : MXN73.26 (As of Mar. 2024)


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What is Huntington Bancshares 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.

Huntington Bancshares's adjusted revenue per share for the three months ended in Mar. 2024 was MXN19.758. 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 MXN73.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huntington Bancshares's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% 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 Huntington Bancshares was 7.70% per year. The lowest was -9.50% per year. And the median was 2.30% per year.

As of today (2024-06-23), Huntington Bancshares's current stock price is MXN200.00. Huntington Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN73.26. Huntington Bancshares's Cyclically Adjusted PS Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Huntington Bancshares was 4.16. The lowest was 1.25. And the median was 2.78.


Huntington Bancshares Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Huntington Bancshares'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.

Huntington Bancshares Cyclically Adjusted Revenue per Share Chart

Huntington Bancshares 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 69.66 79.83 92.73 99.78 78.77

Huntington Bancshares 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 110.44 116.40 96.35 78.77 73.26

Competitive Comparison of Huntington Bancshares's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Huntington Bancshares'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.


Huntington Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Huntington Bancshares 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, Huntington Bancshares'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)
=19.758/131.7762*131.7762
=19.758

Current CPI (Mar. 2024) = 131.7762.

Huntington Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.034 100.560 14.459
201409 11.551 100.428 15.157
201412 12.548 99.070 16.691
201503 12.941 99.621 17.118
201506 14.776 100.684 19.339
201509 15.534 100.392 20.390
201512 16.272 99.792 21.487
201603 15.864 100.470 20.807
201606 17.732 101.688 22.979
201609 18.842 101.861 24.376
201612 19.943 101.863 25.800
201703 17.664 102.862 22.629
201706 17.448 103.349 22.247
201709 17.845 104.136 22.582
201712 17.836 104.011 22.597
201803 17.509 105.290 21.914
201806 19.604 106.317 24.299
201809 19.387 106.507 23.987
201812 21.264 105.998 26.435
201903 20.770 107.251 25.520
201906 21.215 108.070 25.869
201909 22.310 108.329 27.139
201912 21.001 108.420 25.525
202003 26.087 108.902 31.567
202006 26.545 108.767 32.160
202009 26.707 109.815 32.048
202012 23.693 109.897 28.410
202103 26.842 111.754 31.651
202106 22.683 114.631 26.076
202109 23.433 115.734 26.681
202112 22.974 117.630 25.737
202203 22.368 121.301 24.300
202206 24.005 125.017 25.303
202209 26.114 125.227 27.480
202212 26.040 125.222 27.403
202303 23.567 127.348 24.387
202306 21.533 128.729 22.043
202309 22.278 129.860 22.607
202312 20.538 129.419 20.912
202403 19.758 131.776 19.758

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


Huntington Bancshares  (MEX:HBAN) 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.

Huntington Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=200.00/73.26
=2.73

* 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 Huntington Bancshares was 4.16. The lowest was 1.25. And the median was 2.78.


Be Aware

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


Huntington Bancshares Cyclically Adjusted Revenue per Share Related Terms

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


Huntington Bancshares (MEX:HBAN) Business Description

Industry
Address
41 South High Street, Huntington Center, Columbus, OH, USA, 43287
Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.