GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HNI Corp (FRA:HO9) » Definitions » Cyclically Adjusted Revenue per Share

HNI (FRA:HO9) Cyclically Adjusted Revenue per Share : €55.92 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is HNI 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.

HNI's adjusted revenue per share for the three months ended in Mar. 2024 was €11.247. 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 €55.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HNI's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% 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 HNI was 14.60% per year. The lowest was -1.00% per year. And the median was 5.30% per year.

As of today (2024-06-08), HNI's current stock price is €41.00. HNI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €55.92. HNI's Cyclically Adjusted PS Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of HNI was 1.13. The lowest was 0.41. And the median was 0.75.


HNI Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for HNI'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.

HNI Cyclically Adjusted Revenue per Share Chart

HNI 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 44.77 41.48 48.15 54.89 54.21

HNI 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 53.07 54.13 56.84 54.21 55.92

Competitive Comparison of HNI's Cyclically Adjusted Revenue per Share

For the Business Equipment & Supplies subindustry, HNI'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.


HNI's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HNI's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



HNI 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, HNI'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)
=11.247/131.7762*131.7762
=11.247

Current CPI (Mar. 2024) = 131.7762.

HNI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.170 100.560 10.706
201409 10.458 100.428 13.722
201412 11.644 99.070 15.488
201503 10.625 99.621 14.054
201506 11.098 100.684 14.525
201509 12.086 100.392 15.864
201512 12.119 99.792 16.003
201603 9.990 100.470 13.103
201606 10.465 101.688 13.561
201609 11.362 101.861 14.699
201612 12.099 101.863 15.652
201703 9.826 102.862 12.588
201706 10.107 103.349 12.887
201709 11.307 104.136 14.308
201712 11.189 104.011 14.176
201803 9.281 105.290 11.616
201806 10.507 106.317 13.023
201809 11.722 106.507 14.503
201812 11.877 105.998 14.765
201903 9.624 107.251 11.825
201906 10.669 108.070 13.009
201909 13.149 108.329 15.995
201912 12.859 108.420 15.629
202003 9.951 108.902 12.041
202006 8.635 108.767 10.462
202009 10.009 109.815 12.011
202012 10.676 109.897 12.801
202103 9.334 111.754 11.006
202106 9.522 114.631 10.946
202109 11.257 115.734 12.817
202112 12.127 117.630 13.585
202203 12.057 121.301 13.098
202206 13.871 125.017 14.621
202209 14.469 125.227 15.226
202212 12.817 125.222 13.488
202303 10.629 127.348 10.999
202306 12.012 128.729 12.296
202309 14.097 129.860 14.305
202312 12.960 129.419 13.196
202403 11.247 131.776 11.247

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


HNI  (FRA:HO9) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=41.00/55.92
=0.73

* 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 HNI was 1.13. The lowest was 0.41. And the median was 0.75.


Be Aware

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


HNI Cyclically Adjusted Revenue per Share Related Terms

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


HNI (FRA:HO9) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HNI Corp (FRA:HO9) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.

HNI (FRA:HO9) Headlines

No Headlines