GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hancock Whitney Corp (NAS:HWC) » Definitions » Cyclically Adjusted PS Ratio

Hancock Whitney (Hancock Whitney) Cyclically Adjusted PS Ratio : 2.88 (As of Jun. 08, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Hancock Whitney Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Hancock Whitney's current share price is $46.49. Hancock Whitney's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $16.13. Hancock Whitney's Cyclically Adjusted PS Ratio for today is 2.88.

The historical rank and industry rank for Hancock Whitney's Cyclically Adjusted PS Ratio or its related term are showing as below:

HWC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 3.04   Max: 4.65
Current: 2.88

During the past years, Hancock Whitney's highest Cyclically Adjusted PS Ratio was 4.65. The lowest was 1.23. And the median was 3.04.

HWC's Cyclically Adjusted PS Ratio is ranked worse than
62.92% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs HWC: 2.88

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.

Hancock Whitney's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.050. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $16.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hancock Whitney Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hancock Whitney's Cyclically Adjusted PS Ratio 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.

Hancock Whitney Cyclically Adjusted PS Ratio Chart

Hancock Whitney Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 2.62 3.55 3.19 3.08

Hancock Whitney Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 2.35 2.44 2.33 3.08 2.85

Competitive Comparison of Hancock Whitney's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Hancock Whitney'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.


Hancock Whitney's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Hancock Whitney Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Hancock Whitney's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.49/16.13
=2.88

* 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.

Hancock Whitney's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hancock Whitney'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)
=4.05/131.7762*131.7762
=4.050

Current CPI (Mar. 2024) = 131.7762.

Hancock Whitney Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.732 100.560 3.580
201409 2.737 100.428 3.591
201412 2.697 99.070 3.587
201503 2.710 99.621 3.585
201506 2.739 100.684 3.585
201509 2.800 100.392 3.675
201512 2.838 99.792 3.748
201603 2.866 100.470 3.759
201606 2.963 101.688 3.840
201609 2.936 101.861 3.798
201612 2.881 101.863 3.727
201703 2.910 102.862 3.728
201706 3.164 103.349 4.034
201709 3.177 104.136 4.020
201712 3.136 104.011 3.973
201803 3.183 105.290 3.984
201806 3.280 106.317 4.065
201809 3.387 106.507 4.191
201812 3.121 105.998 3.880
201903 3.377 107.251 4.149
201906 3.485 108.070 4.249
201909 3.541 108.329 4.307
201912 3.577 108.420 4.348
202003 3.620 108.902 4.380
202006 3.613 108.767 4.377
202009 3.691 109.815 4.429
202012 3.716 109.897 4.456
202103 3.706 111.754 4.370
202106 3.781 114.631 4.347
202109 3.771 115.734 4.294
202112 3.639 117.630 4.077
202203 3.588 121.301 3.898
202206 3.838 125.017 4.046
202209 4.251 125.227 4.473
202212 4.283 125.222 4.507
202303 4.229 127.348 4.376
202306 4.135 128.729 4.233
202309 4.109 129.860 4.170
202312 3.338 129.419 3.399
202403 4.050 131.776 4.050

Add all the adjusted revenue per share together and divide 10 will get our 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.


Hancock Whitney  (NAS:HWC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Hancock Whitney Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Hancock Whitney's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hancock Whitney (Hancock Whitney) Business Description

Traded in Other Exchanges
Address
2510 14th Street, Hancock Whitney Plaza, Gulfport, MS, USA, 39501
Hancock Whitney Corp operates bank offices and financial centers. The company offers financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee.
Executives
Joseh S Exnicios officer: President - Whitney Bank 228 ST CHARLES AVE, NEW ORLEANS LA 70130
Carleton Richard Wilkins director P.O. BOX 4019, GULFPORT MS 39502
John M Hairston officer: Chief Operations Officer P O BOX 4019, GULFPORT MS 39502
Knight Cecil W. Jr officer: Chief Banking Officer P.O. BOX 4019, GULFPORT MS 35902
Michael M Achary officer: Sr. VP & Corp. Treasurer P.O. BOX 4019, GULFPORT MS 39502
Lane Harry Merritt Iii director 835 UNION STREET, NEW ORLEANS LA 70112
Joan Cahill Teofilo director P.O. BOX 4019, GULFPORT MS 39502
Sonia Perez director 127 FLYNT ROAD, LAUREL MS 39443
Christine L Smilek director P O BOX 4019, GULFPORT MS 39502
Christopher S Ziluca officer: Chief Credit Officer PO BOX 4019, GULFPORT MS 39502
Suzette K Kent director P.O. BOX 4019, GULFPORT MS 39502
James H Horne director P O BOX 4019, GULFPORT MS 39502
Dean Liollio director 333 CLAY STREET, STE 1500, HOUSTON TX 77002
Michael Otero officer: Chief Risk Officer PO BOX 4019, GULFPORT MS 39502
Ruena H Wetzel officer: Chief HR Officer PO BOX 4019, GULFPORT MS 39502