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Hibbett (Hibbett) Cyclically Adjusted Revenue per Share : $84.55 (As of Jan. 2024)


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What is Hibbett 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.

Hibbett's adjusted revenue per share for the three months ended in Jan. 2024 was $38.270. 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 $84.55 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Hibbett's average Cyclically Adjusted Revenue Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 18.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% 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 Hibbett was 20.00% per year. The lowest was 10.80% per year. And the median was 13.05% per year.

As of today (2024-04-27), Hibbett's current stock price is $86.15. Hibbett's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $84.55. Hibbett's Cyclically Adjusted PS Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hibbett was 3.07. The lowest was 0.23. And the median was 0.94.


Hibbett Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hibbett'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.

Hibbett Cyclically Adjusted Revenue per Share Chart

Hibbett Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.66 48.91 60.36 73.22 84.55

Hibbett Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 73.22 76.53 79.11 82.06 84.55

Competitive Comparison of Hibbett's Cyclically Adjusted Revenue per Share

For the Apparel Retail subindustry, Hibbett'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.


Hibbett's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hibbett's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hibbett 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, Hibbett's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=38.27/129.4194*129.4194
=38.270

Current CPI (Jan. 2024) = 129.4194.

Hibbett Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 10.023 100.023 12.969
201407 7.514 100.520 9.674
201410 8.617 100.176 11.133
201501 9.495 98.604 12.462
201504 10.763 99.824 13.954
201507 8.064 100.691 10.365
201510 9.602 100.346 12.384
201601 10.703 99.957 13.858
201604 12.293 100.947 15.760
201607 9.221 101.524 11.755
201610 10.683 101.988 13.556
201701 11.157 102.456 14.093
201704 12.843 103.167 16.111
201707 9.045 103.278 11.334
201710 11.667 104.070 14.509
201801 13.976 104.578 17.296
201804 14.350 105.708 17.569
201807 11.216 106.324 13.652
201810 11.614 106.695 14.088
201901 16.564 106.200 20.186
201904 18.521 107.818 22.232
201907 14.098 108.250 16.855
201910 15.463 108.577 18.431
202001 17.813 108.841 21.181
202004 16.308 108.173 19.511
202007 26.004 109.318 30.786
202010 19.292 109.861 22.727
202101 21.605 110.364 25.335
202104 29.875 112.673 34.315
202107 25.713 115.183 28.891
202110 25.490 116.696 28.269
202201 27.222 118.619 29.701
202204 31.153 121.978 33.053
202207 29.621 125.002 30.668
202210 32.810 125.734 33.772
202301 34.756 126.223 35.636
202304 34.742 127.992 35.129
202307 29.237 128.974 29.338
202310 34.810 129.810 34.705
202401 38.270 129.419 38.270

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


Hibbett  (NAS:HIBB) 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.

Hibbett's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=86.15/84.55
=1.02

* 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 Hibbett was 3.07. The lowest was 0.23. And the median was 0.94.


Be Aware

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


Hibbett Cyclically Adjusted Revenue per Share Related Terms

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


Hibbett (Hibbett) Business Description

Industry
Traded in Other Exchanges
Address
2700 Milan Court, Birmingham, AL, USA, 35211
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
Executives
William G Quinn officer: SVP Digital Commerce 2700 MILAN COURT, BIRMINGHAM AL 35211
Ronald P Blahnik officer: SVP and CIO 2700 MILAN COURT, BIRMINGHAM AL 35211
Mark Anthony Gunn officer: SVP, CHRO 2700 MILAN COURT, BIRMINGHAM AL 35211
David Mitchell Benck officer: SVP General Counsel 2700 MILAN COURT, BIRMINGHAM AL 35211
James A Hilt director 1 EXPRESS DRIVE, COLUMBUS OH 43230
Dorlisa K Flur director POST OFFICE BOX 1017, CHARLOTTE NC 28201-1017
Pamela J Edwards director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ramesh Chikkala director 2700 MILAN COURT, BIRMINGHAM AL 35211
Jonalin S. Smith other: SVP Merchandising 2700 MILAN COURT, BIRMINGHAM AL 35211
Michael C. Mcabee other: SVP Supply Chain, Store Dev 2700 MILAN COURT, BIRMINGHAM AL 35211
Anthony F Crudele director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Michael E Longo director, officer: President and CEO
Alton E Yother director
Benjamin Ashley Knighten officer: SVP Operations 2700 MILAN COURT, BIRMINGHAM AL 35211
Linda Hubbard director 2700 MILAN COURT, BIRMINGHAM AL 35211