GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hankook & Co (XKRX:000240) » Definitions » Cyclically Adjusted Revenue per Share

Hankook (XKRX:000240) Cyclically Adjusted Revenue per Share : ₩8,553.79 (As of Mar. 2024)


View and export this data going back to 1968. Start your Free Trial

What is Hankook 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.

Hankook's adjusted revenue per share for the three months ended in Mar. 2024 was ₩3,680.480. 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 ₩8,553.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hankook's average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -18.00% 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 Hankook was -12.10% per year. The lowest was -23.60% per year. And the median was -17.20% per year.

As of today (2024-06-06), Hankook's current stock price is ₩15230.00. Hankook's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩8,553.79. Hankook's Cyclically Adjusted PS Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hankook was 2.80. The lowest was 0.55. And the median was 1.04.


Hankook Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hankook'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.

Hankook Cyclically Adjusted Revenue per Share Chart

Hankook 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 15,734.90 12,103.00 8,436.47 7,020.36 8,209.63

Hankook 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 7,277.06 7,496.63 7,914.70 8,209.63 8,553.79

Competitive Comparison of Hankook's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Hankook'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.


Hankook's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hankook's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hankook 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, Hankook'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)
=3680.48/118.8477*118.8477
=3,680.480

Current CPI (Mar. 2024) = 118.8477.

Hankook Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 187.642 99.353 224.460
201409 170.946 99.608 203.965
201412 213.681 99.098 256.266
201503 171.748 99.720 204.692
201506 188.346 100.050 223.733
201509 199.015 100.110 236.265
201512 222.473 100.220 263.824
201603 694.979 100.560 821.367
201606 2,255.884 100.790 2,660.052
201609 2,282.289 101.460 2,673.416
201612 194.217 101.560 227.277
201703 2,131.560 102.850 2,463.111
201706 1,831.657 102.610 2,121.511
201709 2,401.946 103.490 2,758.390
201712 967.599 102.990 1,116.583
201803 1,830.625 104.100 2,089.967
201806 1,999.938 104.130 2,282.609
201809 1,803.239 105.650 2,028.498
201812 3,614.188 104.350 4,116.319
201903 2,081.051 104.490 2,367.003
201906 2,015.128 104.880 2,283.499
201909 2,497.032 105.200 2,820.974
201912 2,281.090 105.120 2,578.979
202003 2,126.336 105.540 2,394.449
202006 1,922.673 104.870 2,178.938
202009 2,409.251 106.200 2,696.176
202012 2,481.151 105.765 2,788.049
202103 2,578.250 107.357 2,854.202
202106 2,515.234 107.579 2,778.710
202109 2,566.339 108.759 2,804.393
202112 2,654.237 109.676 2,876.188
202203 2,696.638 111.806 2,866.481
202206 3,252.147 114.083 3,387.980
202209 2,994.618 114.831 3,099.359
202212 2,457.913 115.200 2,535.736
202303 2,417.377 116.550 2,465.042
202306 2,579.419 117.140 2,617.025
202309 3,138.912 119.111 3,131.968
202312 3,359.923 118.848 3,359.923
202403 3,680.480 118.848 3,680.480

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


Hankook  (XKRX:000240) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15230.00/8553.79
=1.78

* 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 Hankook was 2.80. The lowest was 0.55. And the median was 1.04.


Be Aware

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


Hankook Cyclically Adjusted Revenue per Share Related Terms

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


Hankook (XKRX:000240) Business Description

Industry
Traded in Other Exchanges
N/A
Address
133 Teheran-ro, Gangnam-gu, Seoul, KOR
Hankook & Co formerly Hankook Technology Group Co Ltd manufactures and sells a variety of tires under the Hankook, Laufenn, Aurora, and Kingstar brand names. The firm's tires are used for passenger cars, suburban utility vehicles and light trucks, commercial trucks and buses, and race cars. Hankook Tire sells tires directly to automobile manufacturers and for replacement and aftermarket use. The majority of sales come from replacement and aftermarket use. More revenue comes from Europe than any other geography, followed by the Americas region.

Hankook (XKRX:000240) Headlines

No Headlines