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H&R Block (BSP:H1RB34) Cyclically Adjusted Revenue per Share : R$99.94 (As of Mar. 2024)


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What is H&R Block 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.

H&R Block's adjusted revenue per share for the three months ended in Mar. 2024 was R$76.869. 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$99.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, H&R Block's average Cyclically Adjusted Revenue Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% 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 H&R Block was 17.40% per year. The lowest was -1.20% per year. And the median was 5.10% per year.

As of today (2024-05-23), H&R Block's current stock price is R$245.76. H&R Block's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$99.94. H&R Block's Cyclically Adjusted PS Ratio of today is 2.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of H&R Block was 3.14. The lowest was 0.92. And the median was 2.12.


H&R Block Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for H&R Block'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.

H&R Block Cyclically Adjusted Revenue per Share Chart

H&R Block Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 62.99 77.35 86.84 88.35

H&R Block Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 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 94.74 88.35 86.81 88.05 99.94

Competitive Comparison of H&R Block's Cyclically Adjusted Revenue per Share

For the Personal Services subindustry, H&R Block'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.


H&R Block's Cyclically Adjusted PS Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where H&R Block's Cyclically Adjusted PS Ratio falls into.



H&R Block 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, H&R Block'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)
=76.869/131.7762*131.7762
=76.869

Current CPI (Mar. 2024) = 131.7762.

H&R Block Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 20.218 100.023 26.636
201407 1.082 100.520 1.418
201410 1.199 100.176 1.577
201501 4.874 98.604 6.514
201504 24.680 99.824 32.580
201507 1.612 100.691 2.110
201510 1.869 100.346 2.454
201601 8.299 99.957 10.941
201604 35.698 100.947 46.600
201607 1.861 101.524 2.416
201610 1.941 101.988 2.508
201701 6.935 102.456 8.920
201704 34.388 103.167 43.924
201707 2.120 103.278 2.705
201710 2.151 104.070 2.724
201801 7.502 104.578 9.453
201804 37.980 105.708 47.346
201807 2.672 106.324 3.312
201810 2.724 106.695 3.364
201901 8.513 106.200 10.563
201904 43.668 107.818 53.371
201907 2.812 108.250 3.423
201910 3.314 108.577 4.022
202001 11.106 108.841 13.446
202004 48.530 108.173 59.119
202007 16.332 109.318 19.687
202010 5.238 109.861 6.283
202101 9.019 110.364 10.769
202104 68.428 112.673 80.030
202109 5.710 115.734 6.501
202112 5.180 117.630 5.803
202203 61.953 121.301 67.303
202206 32.456 125.017 34.211
202209 5.925 125.227 6.235
202212 5.664 125.222 5.960
202303 70.101 127.348 72.539
202306 32.631 128.729 33.404
202309 6.206 129.860 6.298
202312 6.165 129.419 6.277
202403 76.869 131.776 76.869

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


H&R Block  (BSP:H1RB34) 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.

H&R Block's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=245.76/99.94
=2.46

* 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 H&R Block was 3.14. The lowest was 0.92. And the median was 2.12.


Be Aware

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


H&R Block Cyclically Adjusted Revenue per Share Related Terms

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


H&R Block (BSP:H1RB34) Business Description

Industry
Traded in Other Exchanges
Address
One H&R Block Way, Kansas City, MO, USA, 64105
H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public primarily in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives most of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively significant.

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