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Haynes International (Haynes International) Cyclically Adjusted Revenue per Share : $42.75 (As of Mar. 2024)


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What is Haynes International 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.

Haynes International's adjusted revenue per share for the three months ended in Mar. 2024 was $11.864. 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 $42.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Haynes International's average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% 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 Haynes International was 6.50% per year. The lowest was -3.50% per year. And the median was 0.50% per year.

As of today (2024-05-15), Haynes International's current stock price is $59.33. Haynes International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $42.75. Haynes International's Cyclically Adjusted PS Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Haynes International was 1.42. The lowest was 0.39. And the median was 0.91.


Haynes International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Haynes International'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.

Haynes International Cyclically Adjusted Revenue per Share Chart

Haynes International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.18 41.06 40.57 41.76 42.79

Haynes International 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 42.13 42.40 42.79 42.78 42.75

Competitive Comparison of Haynes International's Cyclically Adjusted Revenue per Share

For the Metal Fabrication subindustry, Haynes International'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.


Haynes International's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haynes International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Haynes International 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, Haynes International'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)
=11.864/129.4194*129.4194
=11.864

Current CPI (Mar. 2024) = 129.4194.

Haynes International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.238 100.560 13.176
201409 9.651 100.428 12.437
201412 8.965 99.070 11.711
201503 11.234 99.621 14.594
201506 9.822 100.684 12.625
201509 9.478 100.392 12.219
201512 7.696 99.792 9.981
201603 8.294 100.470 10.684
201606 8.184 101.688 10.416
201609 8.689 101.861 11.040
201612 7.540 101.863 9.580
201703 8.315 102.862 10.462
201706 7.901 103.349 9.894
201709 8.122 104.136 10.094
201712 7.227 104.011 8.992
201803 8.872 105.290 10.905
201806 9.100 106.317 11.077
201809 9.846 106.507 11.964
201812 8.613 105.998 10.516
201903 10.117 107.251 12.208
201906 10.009 108.070 11.986
201909 10.412 108.329 12.439
201912 8.675 108.420 10.355
202003 8.922 108.902 10.603
202006 6.459 108.767 7.685
202009 6.408 109.815 7.552
202012 5.777 109.897 6.803
202103 6.558 111.754 7.595
202106 6.954 114.631 7.851
202109 7.636 115.734 8.539
202112 7.899 117.630 8.691
202203 9.384 121.301 10.012
202206 10.447 125.017 10.815
202209 11.504 125.227 11.889
202212 10.448 125.222 10.798
202303 11.949 127.348 12.143
202306 11.246 128.729 11.306
202309 12.553 129.860 12.510
202312 11.512 129.419 11.512
202403 11.864 129.419 11.864

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


Haynes International  (NAS:HAYN) 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.

Haynes International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=59.33/42.75
=1.39

* 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 Haynes International was 1.42. The lowest was 0.39. And the median was 0.91.


Be Aware

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


Haynes International Cyclically Adjusted Revenue per Share Related Terms

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


Haynes International (Haynes International) Business Description

Traded in Other Exchanges
Address
1020 West Park Avenue, Kokomo, IN, USA, 46904-9013
Haynes International Inc is a producer of high-performance nickel and cobalt-based alloys. The company is focused on developing, manufacturing, marketing, and distributing technology and high-performance alloys. The company operates in a single segment: the design, manufacture, marketing, and distribution of technologically advanced, high-performance alloys for use in the aerospace, industrial gas turbine, chemical processing, and other industries Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, China, and other countries.
Executives
Lee M Pike officer: VP - Research and Technology 1020 WEST PARK AVENUE, KOKOMO IN 46904
Susan Perry officer: VP, HUMAN RESOURCES 1020 WEST PARK AVENUE, KOKOMO IN 46904
Brian R Shelton director 67 GLENMOOR DRIVE, ENGLEWOOD CO 80113
Alicia B Masse director 1020 WEST PARK AVENUE, PO BOX 9013, KOKOMO IN 46904-9013
Scott R Pinkham officer: V.P. - Manufacturing Planning 1020 WEST PARK AVENUE, KOKOMO IN 46904
Losch Marlin C Iii officer: V.P. - International Sales 14634 BEACON BOULEVARD, CARMEL IN 46032
Van Bibber David Sean officer: Controller, Chief Acctng Oficr C/O HAYNES INTERNATIONAL, INC., 1020 WEST PARK AVE., P.O. BOX 9013, KOKOMO IN 46904
Angela Kohlheim officer: General Counsel 1020 WEST PARK AVENUE, P.O. BOX 9013, KOKOMO IN 46904-9013
Venkat Ishwar officer: VP - Technology 1020 WEST PARK AVENUE, KOKOMO IN 46904
Donald C Campion director 3747 LOCH BEND DR., COMMERCE MI 48382
Michael L Shor director, officer: President and CEO CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
David L Strobel officer: VP Operations C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Janice Catherine Wilken officer: VP-General Counsel & Secretary 1020 W. PARK AVENUE, P.O. BOX 9013, KOKOMO IN 46904-9013
Robert Getz director 830 THIRD AVENUE, 9TH FLOOR, NEW YORK NY 10022
Larry O Spencer director 2000 N M-63, BENTON HARBOR MI 49022