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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Cyclically Adjusted Revenue per Share : $1.26 (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 $0.370. 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 $1.26 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 (2024-04-27), Svenska Handelsbanken AB's current stock price is $4.37. Svenska Handelsbanken AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.26. Svenska Handelsbanken AB's Cyclically Adjusted PS Ratio of today is 3.47.

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 4.06.


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 1.17 1.34 1.24 1.21 1.34

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 1.23 1.22 1.21 1.34 1.26

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)
=0.37/130.9575*130.9575
=0.370

Current CPI (Mar. 2024) = 130.9575.

Svenska Handelsbanken AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.370 100.432 0.482
201409 0.342 100.161 0.447
201412 0.317 100.225 0.414
201503 0.289 99.950 0.379
201506 0.313 99.995 0.410
201509 0.286 100.228 0.374
201512 0.326 100.276 0.426
201603 0.311 100.751 0.404
201606 0.302 101.019 0.392
201609 0.310 101.138 0.401
201612 0.279 102.022 0.358
201703 0.286 102.022 0.367
201706 0.299 102.752 0.381
201709 0.323 103.279 0.410
201712 0.336 103.793 0.424
201803 0.318 103.962 0.401
201806 0.335 104.875 0.418
201809 0.303 105.679 0.375
201812 0.311 105.912 0.385
201903 0.293 105.886 0.362
201906 0.303 106.742 0.372
201909 0.289 107.214 0.353
201912 0.305 107.766 0.371
202003 0.286 106.563 0.351
202006 0.289 107.498 0.352
202009 0.314 107.635 0.382
202012 0.316 108.296 0.382
202103 0.311 108.360 0.376
202106 0.326 108.928 0.392
202109 0.323 110.338 0.383
202112 0.327 112.486 0.381
202203 0.297 114.825 0.339
202206 0.253 118.384 0.280
202209 0.299 122.296 0.320
202212 0.342 126.365 0.354
202303 0.361 127.042 0.372
202306 0.355 129.407 0.359
202309 0.369 130.224 0.371
202312 0.391 130.958 0.391
202403 0.370 130.958 0.370

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


Svenska Handelsbanken AB  (OTCPK:SVNLY) 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
=4.37/1.26
=3.47

* 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 4.06.


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

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Svenska Handelsbanken AB (Svenska Handelsbanken AB) 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 (Svenska Handelsbanken AB) Headlines

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