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Hannover Rueck SE (WBO:HNR1) Cyclically Adjusted Revenue per Share : €159.01 (As of Mar. 2024)


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What is Hannover Rueck SE 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.

Hannover Rueck SE's adjusted revenue per share for the three months ended in Mar. 2024 was €55.996. 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 €159.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hannover Rueck SE'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 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Hannover Rueck SE was 8.50% per year. The lowest was 2.40% per year. And the median was 6.05% per year.

As of today (2024-06-10), Hannover Rueck SE's current stock price is €234.70. Hannover Rueck SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €159.01. Hannover Rueck SE's Cyclically Adjusted PS Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hannover Rueck SE was 1.64. The lowest was 0.79. And the median was 1.02.


Hannover Rueck SE Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hannover Rueck SE'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.

Hannover Rueck SE Cyclically Adjusted Revenue per Share Chart

Hannover Rueck SE 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 137.64 146.30 161.74 162.69 154.20

Hannover Rueck SE 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 168.20 169.99 172.72 154.20 159.01

Competitive Comparison of Hannover Rueck SE's Cyclically Adjusted Revenue per Share

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.


Hannover Rueck SE's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hannover Rueck SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hannover Rueck SE 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, Hannover Rueck SE'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)
=55.996/125.0381*125.0381
=55.996

Current CPI (Mar. 2024) = 125.0381.

Hannover Rueck SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 27.124 99.543 34.071
201409 29.387 99.823 36.810
201412 32.634 99.543 40.992
201503 31.964 99.717 40.081
201506 32.946 100.417 41.024
201509 35.233 100.417 43.872
201512 35.478 99.717 44.487
201603 32.538 100.017 40.678
201606 33.507 100.717 41.598
201609 33.283 101.017 41.198
201612 33.759 101.217 41.704
201703 34.381 101.417 42.389
201706 34.755 102.117 42.556
201709 36.640 102.717 44.602
201712 37.585 102.617 45.797
201803 36.536 102.917 44.389
201806 39.081 104.017 46.979
201809 40.261 104.718 48.074
201812 41.573 104.217 49.879
201903 41.509 104.217 49.802
201906 43.400 105.718 51.332
201909 45.606 106.018 53.788
201912 48.836 105.818 57.706
202003 46.218 105.718 54.665
202006 47.454 106.618 55.653
202009 47.598 105.818 56.244
202012 52.047 105.518 61.676
202103 50.905 107.518 59.200
202106 51.851 108.486 59.762
202109 54.969 109.435 62.807
202112 59.048 110.384 66.887
202203 60.490 113.968 66.366
202206 48.106 115.760 51.961
202209 59.357 118.818 62.464
202212 -152.481 119.345 -159.755
202303 49.997 122.402 51.074
202306 44.454 123.140 45.139
202309 50.135 124.195 50.476
202312 -135.416 123.773 -136.800
202403 55.996 125.038 55.996

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


Hannover Rueck SE  (WBO:HNR1) 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.

Hannover Rueck SE's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=234.70/159.01
=1.48

* 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 Hannover Rueck SE was 1.64. The lowest was 0.79. And the median was 1.02.


Be Aware

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


Hannover Rueck SE Cyclically Adjusted Revenue per Share Related Terms

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


Hannover Rueck SE (WBO:HNR1) Business Description

Industry
Traded in Other Exchanges
Address
Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.

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