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Hannon Armstrong Sustainable Infrastructure Capital (STU:6HA) Cyclically Adjusted PS Ratio : 16.14 (As of Jun. 04, 2024)


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What is Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Hannon Armstrong Sustainable Infrastructure Capital's current share price is €30.98. Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.92. Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted PS Ratio for today is 16.14.

The historical rank and industry rank for Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:6HA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.47   Med: 17.04   Max: 40.05
Current: 15.61

During the past years, Hannon Armstrong Sustainable Infrastructure Capital's highest Cyclically Adjusted PS Ratio was 40.05. The lowest was 7.47. And the median was 17.04.

STU:6HA's Cyclically Adjusted PS Ratio is ranked worse than
94.81% of 1368 companies
in the Real Estate industry
Industry Median: 1.735 vs STU:6HA: 15.61

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.

Hannon Armstrong Sustainable Infrastructure Capital's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.422. 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 €1.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hannon Armstrong Sustainable Infrastructure Capital'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.

Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted PS Ratio Chart

Hannon Armstrong Sustainable Infrastructure Capital 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 - - 31.86 16.17 13.90

Hannon Armstrong Sustainable Infrastructure Capital 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 15.26 13.11 10.99 13.90 13.33

Competitive Comparison of Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Hannon Armstrong Sustainable Infrastructure Capital'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.


Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted PS Ratio falls into.



Hannon Armstrong Sustainable Infrastructure Capital 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.

Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.98/1.92
=16.14

* 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.

Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hannon Armstrong Sustainable Infrastructure Capital'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)
=1.422/131.7762*131.7762
=1.422

Current CPI (Mar. 2024) = 131.7762.

Hannon Armstrong Sustainable Infrastructure Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.277 100.560 0.363
201409 0.276 100.428 0.362
201412 0.251 99.070 0.334
201503 0.262 99.621 0.347
201506 0.216 100.684 0.283
201509 0.244 100.392 0.320
201512 0.225 99.792 0.297
201603 0.230 100.470 0.302
201606 0.280 101.688 0.363
201609 0.206 101.861 0.266
201612 0.235 101.863 0.304
201703 0.279 102.862 0.357
201706 0.375 103.349 0.478
201709 0.255 104.136 0.323
201712 0.190 104.011 0.241
201803 0.108 105.290 0.135
201806 0.455 106.317 0.564
201809 0.445 106.507 0.551
201812 0.361 105.998 0.449
201903 0.315 107.251 0.387
201906 0.330 108.070 0.402
201909 0.391 108.329 0.476
201912 0.905 108.420 1.100
202003 0.486 108.902 0.588
202006 0.319 108.767 0.386
202009 0.435 109.815 0.522
202012 0.393 109.897 0.471
202103 0.760 111.754 0.896
202106 0.412 114.631 0.474
202109 0.153 115.734 0.174
202112 0.714 117.630 0.800
202203 0.809 121.301 0.879
202206 0.156 125.017 0.164
202209 0.680 125.227 0.716
202212 0.006 125.222 0.006
202303 0.539 127.348 0.558
202306 0.339 128.729 0.347
202309 0.423 129.860 0.429
202312 1.020 129.419 1.039
202403 1.422 131.776 1.422

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.


Hannon Armstrong Sustainable Infrastructure Capital  (STU:6HA) 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.


Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted PS Ratio Related Terms

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Hannon Armstrong Sustainable Infrastructure Capital (STU:6HA) Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 200, Annapolis, MD, USA, 21401
Hannon Armstrong Sustainable Infrastructure Capital Inc provides debt and equity financing to the energy markets in the United States. The company focuses on investments in two types of projects: energy-efficiency projects and renewable-energy projects. Energy-efficiency projects reduce the energy use and energy cost of building or facility through the improvement or installation of building components including heat, ventilation, and air conditioning systems; lights; energy controls; roofs; windows; building shells; and heat and power systems. Renewable-energy projects deploy cleaner energy sources such as solar and wind to generate power production. The company also provides financing solutions for other projects to improve energy efficiency and the environment.

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