GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Harleysville Financial Corp (OTCPK:HARL) » Definitions » Cyclically Adjusted Revenue per Share

Harleysville Financial (Harleysville Financial) Cyclically Adjusted Revenue per Share : $8.03 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Harleysville Financial 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.

Harleysville Financial's adjusted revenue per share for the three months ended in Dec. 2023 was $2.001. 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 $8.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Harleysville Financial's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Harleysville Financial was 6.70% per year. The lowest was 3.40% per year. And the median was 4.80% per year.

As of today (2024-05-24), Harleysville Financial's current stock price is $21.05. Harleysville Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.03. Harleysville Financial's Cyclically Adjusted PS Ratio of today is 2.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Harleysville Financial was 4.27. The lowest was 2.53. And the median was 3.51.


Harleysville Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Harleysville Financial'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.

Harleysville Financial Cyclically Adjusted Revenue per Share Chart

Harleysville Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 6.65 7.01 7.58 8.04

Harleysville Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.62 7.80 7.93 8.04 8.03

Competitive Comparison of Harleysville Financial's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Harleysville Financial'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.


Harleysville Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Harleysville Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Harleysville Financial 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, Harleysville Financial's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.001/129.4194*129.4194
=2.001

Current CPI (Dec. 2023) = 129.4194.

Harleysville Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.417 99.695 1.839
201406 1.417 100.560 1.824
201409 1.449 100.428 1.867
201412 1.471 99.070 1.922
201503 1.549 99.621 2.012
201506 1.421 100.684 1.827
201509 1.457 100.392 1.878
201512 1.513 99.792 1.962
201603 1.518 100.470 1.955
201606 1.515 101.688 1.928
201609 1.549 101.861 1.968
201612 1.521 101.863 1.932
201703 1.542 102.862 1.940
201706 1.552 103.349 1.943
201709 1.581 104.136 1.965
201712 1.688 104.011 2.100
201803 1.644 105.290 2.021
201806 1.773 106.317 2.158
201809 1.772 106.507 2.153
201812 1.889 105.998 2.306
201903 1.820 107.251 2.196
201906 1.774 108.070 2.124
201909 1.752 108.329 2.093
201912 1.708 108.420 2.039
202003 1.677 108.902 1.993
202006 1.644 108.767 1.956
202009 1.672 109.815 1.970
202012 1.754 109.897 2.066
202103 1.732 111.754 2.006
202106 1.628 114.631 1.838
202109 1.676 115.734 1.874
202112 1.670 117.630 1.837
202203 1.612 121.301 1.720
202206 1.794 125.017 1.857
202209 2.151 125.227 2.223
202212 2.308 125.222 2.385
202303 2.253 127.348 2.290
202306 2.215 128.729 2.227
202309 2.118 129.860 2.111
202312 2.001 129.419 2.001

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


Harleysville Financial  (OTCPK:HARL) 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.

Harleysville Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.05/8.03
=2.62

* 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 Harleysville Financial was 4.27. The lowest was 2.53. And the median was 3.51.


Be Aware

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


Harleysville Financial Cyclically Adjusted Revenue per Share Related Terms

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


Harleysville Financial (Harleysville Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
271 Main Street, Harleysville, PA, USA, 19438
Harleysville Financial Corp is a United States-based company that offers various banking services. It is mainly involved in the business of attracting deposits from the general public and business customers through a variety of deposit programs and investing such deposits mainly in first mortgage loans secured by residential properties in the Bank's primary market area. Its products and services portfolio offers checking accounts, savings accounts, cash deposits, business checking, business savings and banking services, personal loans, credit, etc. Its customers are mainly in southeastern Pennsylvania.
Executives
Edward J Molnar officer: Chairman/CEO 102 MADISON WAY, LANSDALE PA 19446
Charlotte A Hunsberger director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Sheri L Strouse officer: Senior Vice President 2861 DENBEIGH DRIVE, HATFIELD PA 19440
Brendan J Mcgill officer: Senior Vice President
James L Rittenhouse director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Sanford L Alderfer director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Thomas D Clemens director 1355 KEELER ROAD, LANSDALE PA 19446
Adrian D Gordon officer: Senior Vice President 30 ASHFORD WAY, SCHWENKSVILLE PA 79473
Ronald B Geib officer: President 157 E WOODS DR, HARLEYSVILLE PA 19438
David J Friesen director 485 QUARRY RD, HARLEYSVILLE PA 19438
Mark R Cummins director 355 MAPLE AVE, HARLEYSVILLE PA 19438-2297
Stephen J Kopenhaver officer: Senior Vice President 324 NORTH 40TH STREET, ALLENTOWN PA 18104
Philip A Clemens director 485 QUARRY RD, HARLEYSVILLE PA 19438
George W Meschter director 1415 S COLLEGEVILLE RD, COLLEGEVILLE PA 19426
Marian Bickerstaff officer: Senior Vice President 102 MADISON WAY, LANSDALE PA 19446

Harleysville Financial (Harleysville Financial) Headlines