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Hallmark Financial Services (FRA:SSB0) Cyclically Adjusted Revenue per Share : €640.16 (As of Sep. 2023)


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What is Hallmark Financial Services 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.

Hallmark Financial Services's adjusted revenue per share for the three months ended in Sep. 2023 was €21.595. 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 €640.16 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Hallmark Financial Services's average Cyclically Adjusted Revenue Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% 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 Hallmark Financial Services was 11.80% per year. The lowest was -2.60% per year. And the median was 4.60% per year.

As of today (2024-05-28), Hallmark Financial Services's current stock price is €5.35. Hallmark Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €640.16. Hallmark Financial Services's Cyclically Adjusted PS Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hallmark Financial Services was 0.95. The lowest was 0.01. And the median was 0.56.


Hallmark Financial Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hallmark Financial Services'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.

Hallmark Financial Services Cyclically Adjusted Revenue per Share Chart

Hallmark Financial Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 183.67 154.82 208.41 200.12

Hallmark Financial Services Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 229.26 200.12 193.14 230.60 640.16

Competitive Comparison of Hallmark Financial Services's Cyclically Adjusted Revenue per Share

For the Insurance - Property & Casualty subindustry, Hallmark Financial Services'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.


Hallmark Financial Services's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Hallmark Financial Services's Cyclically Adjusted PS Ratio falls into.



Hallmark Financial Services 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, Hallmark Financial Services's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=21.595/129.8595*129.8595
=21.595

Current CPI (Sep. 2023) = 129.8595.

Hallmark Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 33.323 98.326 44.010
201403 32.531 99.695 42.374
201406 30.715 100.560 39.664
201409 32.651 100.428 42.220
201412 36.846 99.070 48.297
201503 43.489 99.621 56.689
201506 44.526 100.684 57.428
201509 43.071 100.392 55.714
201512 42.665 99.792 55.520
201603 42.129 100.470 54.452
201606 42.539 101.688 54.324
201609 46.265 101.861 58.982
201612 49.198 101.863 62.720
201703 48.293 102.862 60.968
201706 45.164 103.349 56.749
201709 45.099 104.136 56.239
201712 45.309 104.011 56.569
201803 41.389 105.290 51.047
201806 46.227 106.317 56.463
201809 48.555 106.507 59.201
201812 40.982 105.998 50.208
201903 57.469 107.251 69.584
201906 58.630 108.070 70.452
201909 58.690 108.329 70.354
201912 64.068 108.420 76.737
202003 50.468 108.902 60.181
202006 64.937 108.767 77.530
202009 56.300 109.815 66.576
202012 53.964 109.897 63.767
202103 51.888 111.754 60.294
202106 47.593 114.631 53.915
202109 21.274 115.734 23.870
202112 26.862 117.630 29.655
202203 21.100 121.301 22.589
202206 19.324 125.017 20.073
202209 21.228 125.227 22.013
202212 21.967 125.222 22.781
202303 20.463 127.348 20.867
202306 21.278 128.729 21.465
202309 21.595 129.860 21.595

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


Hallmark Financial Services  (FRA:SSB0) 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.

Hallmark Financial Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.35/640.16
=0.01

* 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 Hallmark Financial Services was 0.95. The lowest was 0.01. And the median was 0.56.


Be Aware

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


Hallmark Financial Services Cyclically Adjusted Revenue per Share Related Terms

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


Hallmark Financial Services (FRA:SSB0) Business Description

Traded in Other Exchanges
Address
5420 Lyndon B. Johnson Freeway, Suite 1100, Two Lincoln Centre, Dallas, TX, USA, 75240
Hallmark Financial Services Inc is an insurance holding company, which is engaged in the sale of property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting, and servicing insurance products, as well as providing other insurance-related services. The company operates in segments such as Standard Commercial Segment, Specialty Commercial Segment, and Personal Segment. Geographically, it operates through the region of United States and derives a majority of its revenue from Specialty Commercial Segment, which includes Commercial Auto business unit, E&S Casualty business unit, E&S Property business unit, Professional Liability business unit, and Aerospace & Programs business unit.

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