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Hilltop Holdings (Hilltop Holdings) Cyclically Adjusted PS Ratio : 1.51 (As of Apr. 29, 2024)


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What is Hilltop Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Hilltop Holdings's current share price is $29.82. Hilltop Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $19.71. Hilltop Holdings's Cyclically Adjusted PS Ratio for today is 1.51.

The historical rank and industry rank for Hilltop Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

HTH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.41   Max: 10.63
Current: 1.54

During the past years, Hilltop Holdings's highest Cyclically Adjusted PS Ratio was 10.63. The lowest was 1.16. And the median was 2.41.

HTH's Cyclically Adjusted PS Ratio is ranked better than
73.51% of 1189 companies
in the Banks industry
Industry Median: 2.39 vs HTH: 1.54

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.

Hilltop Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.374. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $19.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hilltop Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hilltop Holdings's Cyclically Adjusted PS Ratio 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.

Hilltop Holdings Cyclically Adjusted PS Ratio Chart

Hilltop Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 2.04 2.14 1.60 1.79

Hilltop Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 1.55 1.62 1.44 1.79 1.59

Competitive Comparison of Hilltop Holdings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Hilltop Holdings'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.


Hilltop Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Hilltop Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Hilltop Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.82/19.71
=1.51

* 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.

Hilltop Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hilltop Holdings'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)
=4.374/129.4194*129.4194
=4.374

Current CPI (Mar. 2024) = 129.4194.

Hilltop Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.203 100.560 4.122
201409 3.162 100.428 4.075
201412 2.794 99.070 3.650
201503 3.511 99.621 4.561
201506 3.887 100.684 4.996
201509 4.017 100.392 5.179
201512 3.367 99.792 4.367
201603 3.648 100.470 4.699
201606 4.413 101.688 5.616
201609 4.487 101.861 5.701
201612 3.622 101.863 4.602
201703 3.681 102.862 4.631
201706 4.681 103.349 5.862
201709 4.189 104.136 5.206
201712 3.263 104.011 4.060
201803 3.521 105.290 4.328
201806 4.030 106.317 4.906
201809 4.017 106.507 4.881
201812 1.571 105.998 1.918
201903 3.462 107.251 4.178
201906 4.110 108.070 4.922
201909 4.565 108.329 5.454
201912 3.443 108.420 4.110
202003 4.219 108.902 5.014
202006 6.352 108.767 7.558
202009 6.703 109.815 7.900
202012 5.527 109.897 6.509
202103 6.331 111.754 7.332
202106 5.448 114.631 6.151
202109 5.873 115.734 6.567
202112 3.812 117.630 4.194
202203 3.987 121.301 4.254
202206 4.758 125.017 4.926
202209 5.110 125.227 5.281
202212 3.432 125.222 3.547
202303 4.375 127.348 4.446
202306 4.749 128.729 4.774
202309 4.800 129.860 4.784
202312 3.477 129.419 3.477
202403 4.374 129.419 4.374

Add all the adjusted revenue per share together and divide 10 will get our 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.


Hilltop Holdings  (NYSE:HTH) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Hilltop Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Hilltop Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hilltop Holdings (Hilltop Holdings) Business Description

Traded in Other Exchanges
Address
6565 Hillcrest Avenue, Dallas, TX, USA, 75205
Hilltop Holdings Inc is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices throughout Texas through PlainsCapital Bank. Hilltop's broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc. provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. Its business units are comprised of three reportable business segments such as banking, broker-dealer, and mortgage origination. The company generates revenue from banking activities. Hilltop operated around 410 locations in 47 states.
Executives
Keith E. Bornemann officer: Principal Accounting Officer 3322 WEST END AVENUE, NASHVILLE TN 37203
Nichols W Robert Iii director 200 CRESCENT COURT, SUITE 1330, DALLAS TX 75201
Hill A Feinberg director, officer: CEO First Southwest Holdings 3131 MAPLE AVENUE #14-E, DALLAS TX 75201-1206
Jerry Schaffner officer: Pres & CEO, PlainsCapital Bank C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Martin Bradley Winges officer: Hilltop Securities CEO 800 NICOLLET MALL, MINNEAPOLIS MN MN
Lee Lewis director C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Tom C Nichols director 4500 MERCANTILE PLAZA DRIVE, SUITE 300, FORT WORTH TX 76137
Darren E Parmenter officer: Vice President - Finance 200 CRESCENT COURT, SUITE 1330, DALLAS TX 75201
Jonathan S Sobel director, officer: Hilltop Securities Chairman C/O GOLDMAN SACHS, 85 BROAD STREET, NEW YORK NY 10004
Alan B White director, officer: CEO, PlainsCapital Corp. C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Gerald J Ford director 200 CRESCENT CT STE 1350, DALLAS TX 75201
Diamond Hth Stock Co Gp, Llc 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Turtle Creek Revocable Trust 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Diamond Hth Stock Company, Lp 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Charles Clifton Robinson director 900 AUSTIN AVENUE, 12TH FLOOR, WACO TX 76701