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Hormel Foods (BSP:H1RL34) Cyclically Adjusted Revenue per Share : R$110.38 (As of Jan. 2024)


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What is Hormel Foods 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.

Hormel Foods's adjusted revenue per share for the three months ended in Jan. 2024 was R$26.901. 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$110.38 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Hormel Foods's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Hormel Foods was 8.00% per year. The lowest was 2.30% per year. And the median was 5.20% per year.

As of today (2024-05-21), Hormel Foods's current stock price is R$182.90. Hormel Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was R$110.38. Hormel Foods's Cyclically Adjusted PS Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hormel Foods was 2.94. The lowest was 1.30. And the median was 2.21.


Hormel Foods Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hormel Foods'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.

Hormel Foods Cyclically Adjusted Revenue per Share Chart

Hormel Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 105.02 102.24 112.33 130.27

Hormel Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 112.33 108.87 102.98 130.27 110.38

Competitive Comparison of Hormel Foods's Cyclically Adjusted Revenue per Share

For the Packaged Foods subindustry, Hormel Foods'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.


Hormel Foods's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hormel Foods 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, Hormel Foods's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=26.901/130.1244*130.1244
=26.901

Current CPI (Jan. 2024) = 130.1244.

Hormel Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 9.267 100.023 12.056
201407 9.398 100.520 12.166
201410 11.546 100.176 14.998
201501 11.683 98.604 15.418
201504 12.820 99.824 16.711
201507 13.057 100.691 16.874
201510 17.172 100.346 22.268
201601 17.132 99.957 22.302
201604 15.074 100.947 19.431
201607 13.921 101.524 17.843
201610 15.467 101.988 19.734
201701 13.469 102.456 17.106
201704 12.723 103.167 16.047
201707 13.107 103.278 16.514
201710 14.792 104.070 18.495
201801 13.776 104.578 17.141
201804 14.636 105.708 18.017
201807 16.582 106.324 20.294
201810 17.410 106.695 21.233
201901 16.116 106.200 19.747
201904 16.727 107.818 20.188
201907 15.920 108.250 19.137
201910 18.780 108.577 22.507
202001 18.168 108.841 21.721
202004 23.575 108.173 28.359
202007 22.953 109.318 27.322
202010 24.841 109.861 29.423
202101 24.130 110.364 28.450
202104 26.510 112.673 30.616
202107 26.967 115.183 30.465
202110 34.983 116.696 39.009
202201 30.725 118.619 33.705
202204 26.768 121.978 28.556
202207 29.608 125.002 30.821
202210 31.347 125.734 32.441
202301 28.154 126.223 29.024
202304 27.235 127.992 27.689
202307 25.928 128.974 26.159
202310 29.492 129.810 29.563
202401 26.901 130.124 26.901

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


Hormel Foods  (BSP:H1RL34) 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.

Hormel Foods's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=182.90/110.38
=1.66

* 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 Hormel Foods was 2.94. The lowest was 1.30. And the median was 2.21.


Be Aware

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


Hormel Foods Cyclically Adjusted Revenue per Share Related Terms

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


Hormel Foods (BSP:H1RL34) Business Description

Traded in Other Exchanges
Address
1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

Hormel Foods (BSP:H1RL34) Headlines

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