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Howard Hughes Holdings (FRA:HHE0) Cyclically Adjusted Revenue per Share : €22.72 (As of Dec. 2023)


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What is Howard Hughes Holdings 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.

Howard Hughes Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was €6.207. 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 €22.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Howard Hughes Holdings's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% 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 Howard Hughes Holdings was 12.60% per year. The lowest was 12.20% per year. And the median was 12.40% per year.

As of today (2024-04-27), Howard Hughes Holdings's current stock price is €61.50. Howard Hughes Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €22.72. Howard Hughes Holdings's Cyclically Adjusted PS Ratio of today is 2.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Howard Hughes Holdings was 7.75. The lowest was 2.17. And the median was 3.29.


Howard Hughes Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Howard Hughes Holdings'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.

Howard Hughes Holdings Cyclically Adjusted Revenue per Share Chart

Howard Hughes Holdings 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 15.94 15.82 19.61 24.14 22.72

Howard Hughes Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.14 23.87 24.09 26.09 22.72

Competitive Comparison of Howard Hughes Holdings's Cyclically Adjusted Revenue per Share

For the Real Estate - Diversified subindustry, Howard Hughes 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.


Howard Hughes Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Howard Hughes Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Howard Hughes Holdings 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, Howard Hughes Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.207/129.4194*129.4194
=6.207

Current CPI (Dec. 2023) = 129.4194.

Howard Hughes Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.810 99.695 2.350
201406 3.910 100.560 5.032
201409 2.143 100.428 2.762
201412 4.253 99.070 5.556
201503 3.631 99.621 4.717
201506 4.314 100.684 5.545
201509 4.224 100.392 5.445
201512 4.983 99.792 6.462
201603 5.076 100.470 6.539
201606 5.706 101.688 7.262
201609 5.048 101.861 6.414
201612 6.176 101.863 7.847
201703 5.068 102.862 6.376
201706 6.381 103.349 7.991
201709 5.017 104.136 6.235
201712 5.906 104.011 7.349
201803 3.024 105.290 3.717
201806 3.608 106.317 4.392
201809 5.088 106.507 6.183
201812 9.476 105.998 11.570
201903 7.240 107.251 8.737
201906 8.821 108.070 10.564
201909 4.833 108.329 5.774
201912 5.921 108.420 7.068
202003 3.655 108.902 4.344
202006 2.497 108.767 2.971
202009 2.359 109.815 2.780
202012 3.159 109.897 3.720
202103 2.875 111.754 3.329
202106 3.163 114.631 3.571
202109 3.342 115.734 3.737
202112 13.849 117.630 15.237
202203 3.636 121.301 3.879
202206 5.151 125.017 5.332
202209 13.057 125.227 13.494
202212 9.193 125.222 9.501
202303 3.707 127.348 3.767
202306 4.157 128.729 4.179
202309 5.074 129.860 5.057
202312 6.207 129.419 6.207

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


Howard Hughes Holdings  (FRA:HHE0) 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.

Howard Hughes Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=61.50/22.72
=2.71

* 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 Howard Hughes Holdings was 7.75. The lowest was 2.17. And the median was 3.29.


Be Aware

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


Howard Hughes Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Howard Hughes Holdings (FRA:HHE0) Business Description

Industry
Traded in Other Exchanges
Address
9950 Woodloch Forest Drive, Suite 1100, 11th Floor, The Woodlands, TX, USA, 77380
Howard Hughes Holdings Inc owns, manages, and develops commercial, residential, and mixed-use real estate throughout the USA. Its portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country.

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