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Huntington Ingalls Industries (FRA:HI4) Cyclically Adjusted PS Ratio : 1.04 (As of Jun. 01, 2024)


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What is Huntington Ingalls Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Huntington Ingalls Industries's current share price is €231.80. Huntington Ingalls Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €223.96. Huntington Ingalls Industries's Cyclically Adjusted PS Ratio for today is 1.04.

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

FRA:HI4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.04   Max: 1.67
Current: 1.04

During the past years, Huntington Ingalls Industries's highest Cyclically Adjusted PS Ratio was 1.67. The lowest was 0.84. And the median was 1.04.

FRA:HI4's Cyclically Adjusted PS Ratio is ranked better than
64.49% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.51 vs FRA:HI4: 1.04

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.

Huntington Ingalls Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was €65.332. 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 €223.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huntington Ingalls Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Huntington Ingalls Industries'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.

Huntington Ingalls Industries Cyclically Adjusted PS Ratio Chart

Huntington Ingalls Industries 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 1.50 0.97 0.96 1.06 1.10

Huntington Ingalls Industries 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 0.93 1.00 0.88 1.10 1.20

Competitive Comparison of Huntington Ingalls Industries's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Huntington Ingalls Industries'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.


Huntington Ingalls Industries's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Huntington Ingalls Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Huntington Ingalls Industries 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.

Huntington Ingalls Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=231.80/223.96
=1.04

* 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.

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

For example, Huntington Ingalls Industries'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)
=65.332/131.7762*131.7762
=65.332

Current CPI (Mar. 2024) = 131.7762.

Huntington Ingalls Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 25.767 100.560 33.766
201409 27.192 100.428 35.680
201412 31.700 99.070 42.165
201503 29.788 99.621 39.403
201506 31.861 100.684 41.700
201509 33.136 100.392 43.495
201512 36.894 99.792 48.719
201603 33.400 100.470 43.807
201606 31.853 101.688 41.278
201609 31.770 101.861 41.100
201612 39.100 101.863 50.582
201703 34.740 102.862 44.505
201706 36.105 103.349 46.036
201709 34.353 104.136 43.471
201712 37.069 104.011 46.964
201803 33.924 105.290 42.458
201806 39.032 106.317 48.379
201809 41.227 106.507 51.008
201812 45.056 105.998 56.013
201903 44.464 107.251 54.632
201906 46.436 108.070 56.622
201909 48.904 108.329 59.489
201912 52.435 108.420 63.731
202003 50.320 108.902 60.890
202006 44.225 108.767 53.580
202009 48.270 109.815 57.923
202012 55.819 109.897 66.932
202103 47.600 111.754 56.128
202106 45.949 114.631 52.821
202109 49.313 115.734 56.148
202112 58.788 117.630 65.858
202203 58.475 121.301 63.525
202206 62.799 125.017 66.194
202209 66.141 125.227 69.600
202212 66.198 125.222 69.663
202303 62.594 127.348 64.771
202306 64.633 128.729 66.163
202309 65.965 129.860 66.939
202312 73.568 129.419 74.908
202403 65.332 131.776 65.332

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.


Huntington Ingalls Industries  (FRA:HI4) 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.


Huntington Ingalls Industries Cyclically Adjusted PS Ratio Related Terms

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


Huntington Ingalls Industries (FRA:HI4) Business Description

Traded in Other Exchanges
Address
4101 Washington Avenue, Newport News, VA, USA, 23607
Huntington Ingalls Industries is the largest independent military shipbuilder in the U.S., spun off of Northrop Grumman in 2011. It operates three segments, two of which are historied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to U.S. government agencies.

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