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Huntington Bancshares (BSP:H1BA34) Cyclically Adjusted Revenue per Share : R$23.88 (As of Mar. 2024)


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What is Huntington Bancshares 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.

Huntington Bancshares's adjusted revenue per share for the three months ended in Mar. 2024 was R$5.928. 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 R$23.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huntington Bancshares's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% 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 Huntington Bancshares was 7.70% per year. The lowest was -9.50% per year. And the median was 2.30% per year.

As of today (2024-06-10), Huntington Bancshares's current stock price is R$70.80. Huntington Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$23.88. Huntington Bancshares's Cyclically Adjusted PS Ratio of today is 2.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Huntington Bancshares was 4.16. The lowest was 1.20. And the median was 2.78.


Huntington Bancshares Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Huntington Bancshares'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.

Huntington Bancshares Cyclically Adjusted Revenue per Share Chart

Huntington Bancshares 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 - 20.45 24.77 25.84 24.14

Huntington Bancshares 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 25.31 22.32 25.18 24.14 23.88

Competitive Comparison of Huntington Bancshares's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Huntington Bancshares'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 Bancshares's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Huntington Bancshares 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, Huntington Bancshares'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)
=5.928/131.7762*131.7762
=5.928

Current CPI (Mar. 2024) = 131.7762.

Huntington Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.902 100.560 2.492
201409 2.011 100.428 2.639
201412 2.247 99.070 2.989
201503 2.667 99.621 3.528
201506 2.930 100.684 3.835
201509 3.588 100.392 4.710
201512 3.673 99.792 4.850
201603 3.408 100.470 4.470
201606 3.282 101.688 4.253
201609 3.170 101.861 4.101
201612 3.244 101.863 4.197
201703 2.934 102.862 3.759
201706 3.181 103.349 4.056
201709 3.080 104.136 3.898
201712 2.992 104.011 3.791
201803 3.160 105.290 3.955
201806 3.762 106.317 4.663
201809 4.259 106.507 5.269
201812 4.205 105.998 5.228
201903 4.112 107.251 5.052
201906 4.258 108.070 5.192
201909 4.655 108.329 5.663
201912 4.570 108.420 5.554
202003 5.436 108.902 6.578
202006 5.967 108.767 7.229
202009 6.528 109.815 7.834
202012 6.128 109.897 7.348
202103 7.400 111.754 8.726
202106 5.730 114.631 6.587
202109 6.016 115.734 6.850
202112 6.333 117.630 7.095
202203 5.590 121.301 6.073
202206 6.023 125.017 6.349
202209 6.807 125.227 7.163
202212 7.006 125.222 7.373
202303 6.810 127.348 7.047
202306 6.096 128.729 6.240
202309 6.316 129.860 6.409
202312 5.929 129.419 6.037
202403 5.928 131.776 5.928

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


Huntington Bancshares  (BSP:H1BA34) 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.

Huntington Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=70.80/23.88
=2.96

* 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 Huntington Bancshares was 4.16. The lowest was 1.20. And the median was 2.78.


Be Aware

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


Huntington Bancshares Cyclically Adjusted Revenue per Share Related Terms

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


Huntington Bancshares (BSP:H1BA34) Business Description

Industry
Address
41 South High Street, Huntington Center, Columbus, OH, USA, 43287
Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.

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