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Hvidbjerg Bank AS (OCSE:HVID) Cyclically Adjusted Revenue per Share : kr59.58 (As of Sep. 2024)


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What is Hvidbjerg Bank AS 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.

Hvidbjerg Bank AS's adjusted revenue per share for the three months ended in Sep. 2024 was kr20.274. 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 kr59.58 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hvidbjerg Bank AS's average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 Hvidbjerg Bank AS was 6.40% per year. The lowest was -0.50% per year. And the median was 3.50% per year.

As of today (2025-01-19), Hvidbjerg Bank AS's current stock price is kr134.00. Hvidbjerg Bank AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was kr59.58. Hvidbjerg Bank AS's Cyclically Adjusted PS Ratio of today is 2.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hvidbjerg Bank AS was 2.54. The lowest was 1.09. And the median was 1.92.


Hvidbjerg Bank AS Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hvidbjerg Bank AS'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.

Hvidbjerg Bank AS Cyclically Adjusted Revenue per Share Chart

Hvidbjerg Bank AS 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 47.13 46.22 46.77 52.30 55.74

Hvidbjerg Bank AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 55.12 55.74 57.46 58.39 59.58

Competitive Comparison of Hvidbjerg Bank AS's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Hvidbjerg Bank AS'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.


Hvidbjerg Bank AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Hvidbjerg Bank AS 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, Hvidbjerg Bank AS's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=20.274/118.9000*118.9000
=20.274

Current CPI (Sep. 2024) = 118.9000.

Hvidbjerg Bank AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 11.767 99.400 14.075
201503 11.061 100.200 13.125
201506 9.063 100.300 10.744
201509 9.610 100.200 11.403
201512 10.085 99.800 12.015
201603 10.014 100.200 11.883
201606 9.810 100.600 11.595
201609 10.119 100.200 12.007
201612 10.610 100.300 12.578
201703 11.126 101.200 13.072
201706 10.780 101.200 12.665
201709 10.723 101.800 12.524
201712 9.151 101.300 10.741
201803 12.138 101.700 14.191
201806 10.514 102.300 12.220
201809 10.815 102.400 12.558
201812 11.008 102.100 12.819
201903 12.333 102.900 14.251
201906 12.958 102.900 14.973
201909 16.552 102.900 19.126
201912 12.106 102.900 13.988
202003 12.928 103.300 14.880
202006 11.612 103.200 13.379
202009 12.040 103.500 13.831
202012 12.180 103.400 14.006
202103 13.856 104.300 15.796
202106 13.080 105.000 14.812
202109 13.392 105.800 15.050
202112 13.611 106.600 15.182
202203 16.883 109.900 18.266
202206 16.050 113.600 16.799
202209 14.388 116.400 14.697
202212 16.715 115.900 17.148
202303 18.093 117.300 18.340
202306 17.762 116.400 18.143
202309 19.432 117.400 19.680
202312 21.618 116.700 22.026
202403 20.793 118.400 20.881
202406 19.957 118.500 20.024
202409 20.274 118.900 20.274

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


Hvidbjerg Bank AS  (OCSE:HVID) 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.

Hvidbjerg Bank AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=134.00/59.58
=2.25

* 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 Hvidbjerg Bank AS was 2.54. The lowest was 1.09. And the median was 1.92.


Be Aware

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


Hvidbjerg Bank AS Cyclically Adjusted Revenue per Share Related Terms

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


Hvidbjerg Bank AS Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ostergade 2, Thyholm, DNK, 7790
Hvidbjerg Bank AS is a Denmark-based bank that offers various banking products and services.It offers financial services to private individuals and local businesses. The bank offers pension products, mortgages and personal loans, investment services, and Internet banking. It operates in the central and western Jutland Limfjord area and has four departments in Hvidbjerg / Hurup, Struer, Viborg, and Holstebro.

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