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Hancock Whitney (FRA:HH1) Cyclically Adjusted PS Ratio : 2.86 (As of Jun. 08, 2024)


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What is Hancock Whitney Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Hancock Whitney's current share price is €42.20. Hancock Whitney's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €14.78. Hancock Whitney's Cyclically Adjusted PS Ratio for today is 2.86.

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

FRA:HH1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 3.04   Max: 4.65
Current: 2.85

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.

FRA:HH1's Cyclically Adjusted PS Ratio is ranked worse than
61.67% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs FRA:HH1: 2.85

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 €3.726. 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 €14.78 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
=42.20/14.78
=2.86

* 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)
=3.726/131.7762*131.7762
=3.726

Current CPI (Mar. 2024) = 131.7762.

Hancock Whitney Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.011 100.560 2.635
201409 2.124 100.428 2.787
201412 2.187 99.070 2.909
201503 2.504 99.621 3.312
201506 2.440 100.684 3.193
201509 2.495 100.392 3.275
201512 2.605 99.792 3.440
201603 2.574 100.470 3.376
201606 2.637 101.688 3.417
201609 2.616 101.861 3.384
201612 2.731 101.863 3.533
201703 2.721 102.862 3.486
201706 2.816 103.349 3.591
201709 2.665 104.136 3.372
201712 2.650 104.011 3.357
201803 2.582 105.290 3.232
201806 2.808 106.317 3.480
201809 2.903 106.507 3.592
201812 2.744 105.998 3.411
201903 2.989 107.251 3.673
201906 3.084 108.070 3.761
201909 3.215 108.329 3.911
201912 3.219 108.420 3.912
202003 3.276 108.902 3.964
202006 3.208 108.767 3.887
202009 3.134 109.815 3.761
202012 3.054 109.897 3.662
202103 3.113 111.754 3.671
202106 3.138 114.631 3.607
202109 3.205 115.734 3.649
202112 3.220 117.630 3.607
202203 3.258 121.301 3.539
202206 3.630 125.017 3.826
202209 4.293 125.227 4.518
202212 4.043 125.222 4.255
202303 3.950 127.348 4.087
202306 3.817 128.729 3.907
202309 3.851 129.860 3.908
202312 3.061 129.419 3.117
202403 3.726 131.776 3.726

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  (FRA:HH1) 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 (FRA:HH1) 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.

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