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Svenska Handelsbanken AB (OSTO:SHB A) Cyclically Adjusted Revenue per Share : kr27.62 (As of Mar. 2024)


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What is Svenska Handelsbanken AB 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.

Svenska Handelsbanken AB's adjusted revenue per share for the three months ended in Mar. 2024 was kr7.701. 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 kr27.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Svenska Handelsbanken AB's average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 Svenska Handelsbanken AB was 8.40% per year. The lowest was 6.40% per year. And the median was 7.40% per year.

As of today (2024-05-21), Svenska Handelsbanken AB's current stock price is kr99.40. Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr27.62. Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio of today is 3.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Svenska Handelsbanken AB was 4.95. The lowest was 3.25. And the median was 4.05.


Svenska Handelsbanken AB Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Svenska Handelsbanken AB'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.

Svenska Handelsbanken AB Cyclically Adjusted Revenue per Share Chart

Svenska Handelsbanken AB 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 21.22 21.39 22.51 25.57 27.43

Svenska Handelsbanken AB 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 25.89 26.52 26.91 27.43 27.62

Competitive Comparison of Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share

For the Banks - Diversified subindustry, Svenska Handelsbanken AB'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.


Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio falls into.



Svenska Handelsbanken AB 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, Svenska Handelsbanken AB'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)
=7.701/132.2054*132.2054
=7.701

Current CPI (Mar. 2024) = 132.2054.

Svenska Handelsbanken AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.946 100.432 6.511
201409 4.880 100.161 6.441
201412 4.840 100.225 6.384
201503 4.941 99.950 6.536
201506 5.173 99.995 6.839
201509 4.785 100.228 6.312
201512 5.538 100.276 7.301
201603 5.191 100.751 6.812
201606 5.014 101.019 6.562
201609 5.296 101.138 6.923
201612 5.133 102.022 6.652
201703 5.097 102.022 6.605
201706 5.185 102.752 6.671
201709 5.182 103.279 6.633
201712 5.633 103.793 7.175
201803 5.233 103.962 6.655
201806 5.889 104.875 7.424
201809 5.421 105.679 6.782
201812 5.615 105.912 7.009
201903 5.453 105.886 6.808
201906 5.702 106.742 7.062
201909 5.607 107.214 6.914
201912 5.749 107.766 7.053
202003 5.628 106.563 6.982
202006 5.373 107.498 6.608
202009 5.555 107.635 6.823
202012 5.287 108.296 6.454
202103 5.315 108.360 6.485
202106 5.478 108.928 6.649
202109 5.590 110.338 6.698
202112 5.947 112.486 6.990
202203 5.687 114.825 6.548
202206 5.068 118.384 5.660
202209 6.524 122.296 7.053
202212 7.099 126.365 7.427
202303 7.569 127.042 7.877
202306 7.649 129.407 7.814
202309 8.179 130.224 8.303
202312 8.016 131.912 8.034
202403 7.701 132.205 7.701

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


Svenska Handelsbanken AB  (OSTO:SHB A) 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.

Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=99.40/27.62
=3.60

* 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 Svenska Handelsbanken AB was 4.95. The lowest was 3.25. And the median was 4.05.


Be Aware

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


Svenska Handelsbanken AB Cyclically Adjusted Revenue per Share Related Terms

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


Svenska Handelsbanken AB (OSTO:SHB A) Business Description

Industry
Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Svenska Handelsbanken AB (OSTO:SHB A) Headlines

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