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Manulife Holdings Bhd (XKLS:1058) Cyclically Adjusted Revenue per Share : RM6.32 (As of Mar. 2024)


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What is Manulife Holdings Bhd 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.

Manulife Holdings Bhd's adjusted revenue per share for the three months ended in Mar. 2024 was RM0.766. 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 RM6.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Manulife Holdings Bhd's average Cyclically Adjusted Revenue Growth Rate was -2.80% 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.

As of today (2024-06-08), Manulife Holdings Bhd's current stock price is RM2.34. Manulife Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was RM6.32. Manulife Holdings Bhd's Cyclically Adjusted PS Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Manulife Holdings Bhd was 0.40. The lowest was 0.28. And the median was 0.31.


Manulife Holdings Bhd Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Manulife Holdings Bhd'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.

Manulife Holdings Bhd Cyclically Adjusted Revenue per Share Chart

Manulife Holdings Bhd 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 - - 6.36 6.42 6.28

Manulife Holdings Bhd 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 6.50 6.50 6.46 6.28 6.32

Competitive Comparison of Manulife Holdings Bhd's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, Manulife Holdings Bhd'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.


Manulife Holdings Bhd's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Manulife Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Manulife Holdings Bhd 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, Manulife Holdings Bhd'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)
=0.766/131.7762*131.7762
=0.766

Current CPI (Mar. 2024) = 131.7762.

Manulife Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.479 100.560 1.938
201409 1.357 100.428 1.781
201412 1.168 99.070 1.554
201503 0.992 99.621 1.312
201506 1.147 100.684 1.501
201509 1.243 100.392 1.632
201512 1.698 99.792 2.242
201603 1.214 100.470 1.592
201606 1.337 101.688 1.733
201609 1.395 101.861 1.805
201612 1.354 101.863 1.752
201703 1.566 102.862 2.006
201706 1.506 103.349 1.920
201709 1.467 104.136 1.856
201712 1.868 104.011 2.367
201803 1.302 105.290 1.630
201806 1.104 106.317 1.368
201809 1.648 106.507 2.039
201812 0.909 105.998 1.130
201903 1.658 107.251 2.037
201906 1.618 108.070 1.973
201909 1.290 108.329 1.569
201912 2.174 108.420 2.642
202003 0.201 108.902 0.243
202006 2.077 108.767 2.516
202009 1.940 109.815 2.328
202012 2.525 109.897 3.028
202103 1.770 111.754 2.087
202106 1.833 114.631 2.107
202109 1.862 115.734 2.120
202112 1.826 117.630 2.046
202203 0.665 121.301 0.722
202206 0.378 125.017 0.398
202209 0.711 125.227 0.748
202212 -0.373 125.222 -0.393
202303 0.728 127.348 0.753
202306 0.769 128.729 0.787
202309 0.954 129.860 0.968
202312 0.568 129.419 0.578
202403 0.766 131.776 0.766

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


Manulife Holdings Bhd  (XKLS:1058) 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.

Manulife Holdings Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.34/6.32
=0.37

* 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 Manulife Holdings Bhd was 0.40. The lowest was 0.28. And the median was 0.31.


Be Aware

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


Manulife Holdings Bhd Cyclically Adjusted Revenue per Share Related Terms

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


Manulife Holdings Bhd (XKLS:1058) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6 Jalan Gelenggang, Damansara Heights, 16th Floor, Menara Manulife, Kuala Lumpur, SGR, MYS, 50490
Manulife Holdings Bhd is an investment holding company that is engaged in the business of life insurance business, management of unit trust funds, private retirement scheme funds, investment, and fund management. The company operates through Investment Holding, Life Insurance and Asset Management Services segments. The investment holding segment includes Investment holding operations and other segments; Life insurance segment includes underwriting of Participating life and Non-participating life insurance and unit-linked products; and Asset management services include asset management, unit trust, private retirement scheme funds. The group's principal revenue source is from the Life insurance business segment.

Manulife Holdings Bhd (XKLS:1058) Headlines

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