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Hanesbrands (BSP:H1BI34) Cyclically Adjusted Revenue per Share : R$95.40 (As of Mar. 2024)


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What is Hanesbrands 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.

Hanesbrands's adjusted revenue per share for the three months ended in Mar. 2024 was R$16.377. 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 R$95.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hanesbrands's average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% 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 Hanesbrands was 7.80% per year. The lowest was 3.70% per year. And the median was 5.80% per year.

As of today (2024-05-24), Hanesbrands's current stock price is R$25.42. Hanesbrands's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$95.40. Hanesbrands's Cyclically Adjusted PS Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hanesbrands was 2.84. The lowest was 0.19. And the median was 1.16.


Hanesbrands Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hanesbrands'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.

Hanesbrands Cyclically Adjusted Revenue per Share Chart

Hanesbrands 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 - 82.44 98.32 100.19 93.72

Hanesbrands 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 95.49 95.07 97.49 93.72 95.40

Competitive Comparison of Hanesbrands's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Hanesbrands'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.


Hanesbrands's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hanesbrands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hanesbrands 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, Hanesbrands'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)
=16.377/131.7762*131.7762
=16.377

Current CPI (Mar. 2024) = 131.7762.

Hanesbrands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.351 100.560 9.633
201409 8.016 100.428 10.518
201412 9.859 99.070 13.114
201503 9.302 99.621 12.304
201506 11.622 100.684 15.211
201509 15.411 100.392 20.229
201512 13.829 99.792 18.261
201603 11.588 100.470 15.199
201606 13.181 101.688 17.081
201609 14.975 101.861 19.373
201612 13.838 101.863 17.902
201703 11.504 102.862 14.738
201706 14.746 103.349 18.802
201709 15.309 104.136 19.372
201712 14.857 104.011 18.823
201803 13.282 105.290 16.623
201806 17.808 106.317 22.072
201809 20.831 106.507 25.773
201812 18.843 105.998 23.426
201903 16.696 107.251 20.514
201906 18.574 108.070 22.648
201909 21.037 108.329 25.590
201912 13.581 108.420 16.507
202003 16.355 108.902 19.790
202006 22.821 108.767 27.649
202009 25.984 109.815 31.180
202012 24.772 109.897 29.704
202103 24.163 111.754 28.492
202106 25.015 114.631 28.756
202109 26.819 115.734 30.536
202112 28.126 117.630 31.509
202203 22.318 121.301 24.245
202206 21.808 125.017 22.987
202209 25.008 125.227 26.316
202212 22.082 125.222 23.238
202303 20.651 127.348 21.369
202306 19.927 128.729 20.399
202309 21.285 129.860 21.599
202312 18.115 129.419 18.445
202403 16.377 131.776 16.377

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


Hanesbrands  (BSP:H1BI34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.42/95.4
=0.27

* 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 Hanesbrands was 2.84. The lowest was 0.19. And the median was 1.16.


Be Aware

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


Hanesbrands Cyclically Adjusted Revenue per Share Related Terms

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


Hanesbrands (BSP:H1BI34) Business Description

Traded in Other Exchanges
Address
1000 East Hanes Mill Road, Winston-Salem, NC, USA, 27105
Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Champion, Playtex, Maidenform, Bali, Berlei, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers through stores and e-commerce. Hanesbrands is vertically integrated as it produces more than 70% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas, Europe, and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.

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