GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hannon Armstrong Sustainable Infrastructure Capital Inc (NYSE:HASI) » Definitions » Cyclically Adjusted Revenue per Share

Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) Cyclically Adjusted Revenue per Share : $2.13 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Hannon Armstrong Sustainable Infrastructure Capital 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.

Hannon Armstrong Sustainable Infrastructure Capital's adjusted revenue per share for the three months ended in Mar. 2024 was $1.546. 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 $2.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hannon Armstrong Sustainable Infrastructure Capital's average Cyclically Adjusted Revenue Growth Rate was 13.90% 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.

As of today (2024-05-22), Hannon Armstrong Sustainable Infrastructure Capital's current stock price is $33.485. Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.13. Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted PS Ratio of today is 15.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hannon Armstrong Sustainable Infrastructure Capital was 40.05. The lowest was 7.47. And the median was 17.12.


Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted Revenue per Share Historical Data

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

Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted Revenue per Share Chart

Hannon Armstrong Sustainable Infrastructure Capital 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 - - 1.67 1.79 1.98

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 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 1.87 1.91 1.93 1.98 2.13

Competitive Comparison of Hannon Armstrong Sustainable Infrastructure Capital's Cyclically Adjusted Revenue per Share

For the REIT - Specialty 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 REITs Industry

For the REITs 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 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, 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)
=1.546/131.7762*131.7762
=1.546

Current CPI (Mar. 2024) = 131.7762.

Hannon Armstrong Sustainable Infrastructure Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.376 100.560 0.493
201409 0.356 100.428 0.467
201412 0.309 99.070 0.411
201503 0.283 99.621 0.374
201506 0.242 100.684 0.317
201509 0.274 100.392 0.360
201512 0.245 99.792 0.324
201603 0.256 100.470 0.336
201606 0.315 101.688 0.408
201609 0.231 101.861 0.299
201612 0.248 101.863 0.321
201703 0.299 102.862 0.383
201706 0.421 103.349 0.537
201709 0.304 104.136 0.385
201712 0.225 104.011 0.285
201803 0.134 105.290 0.168
201806 0.532 106.317 0.659
201809 0.519 106.507 0.642
201812 0.411 105.998 0.511
201903 0.356 107.251 0.437
201906 0.373 108.070 0.455
201909 0.431 108.329 0.524
201912 1.005 108.420 1.221
202003 0.537 108.902 0.650
202006 0.359 108.767 0.435
202009 0.512 109.815 0.614
202012 0.478 109.897 0.573
202103 0.905 111.754 1.067
202106 0.496 114.631 0.570
202109 0.180 115.734 0.205
202112 0.807 117.630 0.904
202203 0.892 121.301 0.969
202206 0.165 125.017 0.174
202209 0.674 125.227 0.709
202212 0.006 125.222 0.006
202303 0.577 127.348 0.597
202306 0.367 128.729 0.376
202309 0.452 129.860 0.459
202312 1.112 129.419 1.132
202403 1.546 131.776 1.546

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


Hannon Armstrong Sustainable Infrastructure Capital  (NYSE:HASI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.485/2.13
=15.72

* 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 Hannon Armstrong Sustainable Infrastructure Capital was 40.05. The lowest was 7.47. And the median was 17.12.


Be Aware

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


Hannon Armstrong Sustainable Infrastructure Capital Cyclically Adjusted Revenue per Share Related Terms

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


Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) 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.
Executives
Clarence D Armbrister director C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Richard Santoroski officer: EVP and Chief Risk Officer 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Marc T. Pangburn officer: EVP and Co-CIO C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Jeffrey Lipson officer: Chief Financial Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Teresa Brenner director 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Richard J Osborne director C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Jeffrey Eckel director, officer: Chairman, President & CEO 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Nathaniel Rose officer: EVP & COO 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Daniel K. Mcmahon officer: EVP 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Charles Melko officer: Chief Accounting Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Steven Chuslo officer: General Counsel & EVP 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Susan D Nickey officer: EVP and Chief Client Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD. SUITE 370, ANNAPOLIS MD 21401
Kimberly A. Reed director C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Steven G Osgood director 6745 ENGLE ROAD, SUITE 300, MIDDLEBURG HEIGHTS OH 44130
Lizabeth A Ardisana director 328 S. SAGINAW ST., FLINT MI 48430