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Impac Mortgage Holdings (Impac Mortgage Holdings) Cyclically Adjusted Revenue per Share : $8.22 (As of Dec. 2022)


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What is Impac Mortgage Holdings 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.

Impac Mortgage Holdings's adjusted revenue per share for the three months ended in Dec. 2022 was $0.034. 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 $8.22 for the trailing ten years ended in Dec. 2022.

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 (2024-06-04), Impac Mortgage Holdings's current stock price is $0.0179. Impac Mortgage Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was $8.22. Impac Mortgage Holdings's Cyclically Adjusted PS Ratio of today is 0.00.


Impac Mortgage Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Impac Mortgage Holdings'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.

Impac Mortgage Holdings Cyclically Adjusted Revenue per Share Chart

Impac Mortgage Holdings 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 12.23 10.05 9.20 9.10 8.22

Impac Mortgage Holdings Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 9.10 9.23 9.18 8.70 8.22

Competitive Comparison of Impac Mortgage Holdings's Cyclically Adjusted Revenue per Share

For the Mortgage Finance subindustry, Impac Mortgage Holdings'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.


Impac Mortgage Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Impac Mortgage Holdings's Cyclically Adjusted PS Ratio falls into.



Impac Mortgage Holdings 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, Impac Mortgage Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.034/125.2218*125.2218
=0.034

Current CPI (Dec. 2022) = 125.2218.

Impac Mortgage Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 2.776 98.209 3.540
201306 2.843 98.518 3.614
201309 1.935 98.790 2.453
201312 1.990 98.326 2.534
201403 1.129 99.695 1.418
201406 1.111 100.560 1.383
201409 1.263 100.428 1.575
201412 1.194 99.070 1.509
201503 2.938 99.621 3.693
201506 3.744 100.684 4.656
201509 3.504 100.392 4.371
201512 2.625 99.792 3.294
201603 4.054 100.470 5.053
201606 4.993 101.688 6.149
201609 7.220 101.861 8.876
201612 4.413 101.863 5.425
201703 2.603 102.862 3.169
201706 1.864 103.349 2.258
201709 1.985 104.136 2.387
201712 0.556 104.011 0.669
201803 1.901 105.290 2.261
201806 1.427 106.317 1.681
201809 0.920 106.507 1.082
201812 0.737 105.998 0.871
201903 0.490 107.251 0.572
201906 1.138 108.070 1.319
201909 1.212 108.329 1.401
201912 1.431 108.420 1.653
202003 -2.050 108.902 -2.357
202006 -0.191 108.767 -0.220
202009 0.916 109.815 1.045
202012 0.941 109.897 1.072
202103 0.967 111.754 1.084
202106 0.514 114.631 0.561
202109 0.928 115.734 1.004
202112 0.700 117.630 0.745
202203 0.336 121.301 0.347
202206 0.023 125.017 0.023
202209 -0.007 125.227 -0.007
202212 0.034 125.222 0.034

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


Impac Mortgage Holdings  (OTCPK:IMPM) 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.

Impac Mortgage Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.0179/8.22
=0.00

* 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.


Be Aware

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


Impac Mortgage Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Impac Mortgage Holdings (Impac Mortgage Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4000 MacArthur Boulevard, Suite 6000, Newport Beach, CA, USA, 92660
Impac Mortgage Holdings Inc is an independent residential mortgage lender. The company's segments include Mortgage Lending, Real Estate Services, and the Long-Term Mortgage Portfolio. The mortgage lending segment provides mortgage lending products through three lending channels, retail, wholesale, and correspondent, retains mortgage servicing rights, and provides warehouse lending facilities. Its Real estate services segment performs master servicing and provides loss mitigation services for securitized long-term mortgage portfolios, and Long-term mortgage portfolio consists of residual interests in securitization trusts.
Executives
Rhp Trust, Dated May 31, 2011 10 percent owner 1400 NEWPORT CENTER DRIVE, SUITE 230, NEWPORT BEACH CA 92660
Richard H/ Pickup 10 percent owner 1400 NEWPORT CENTER DRIVE, SUITE 230, NEWPORT BEACH CA 92660
George A. Mangiaracina officer: President 19500 JAMBOREE ROAD, IRVINE CA 92612
Tiffany Entsminger officer: Chief Risk Officer,Head of Ops 19500 JAMBOREE ROAD, IRVINE CA 92612
Justin Moisio officer: Chief Administrative Officer 19500 JAMBOREE ROAD, IRVINE CA 92612
Joseph Piscina director 19500 JAMBOREE ROAD, IRVINE CA 92612
Obi Nwokorie director, officer: EVP, CIO and Director 19500 JAMBOREE ROAD, IRVINE CA 92612
Jon Gloeckner other: SVP Treasury 19500 JAMBOREE ROAD, IRVINE CA 92612
Thomas B Akin 10 percent owner 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
Joseph Joffrion officer: SVP, General Counsel 19500 JAMBOREE ROAD, IRVINE CA 92612
Katherine J. Blair director 228 MANHATTAN BEACH BOULEVARD, MANHATTAN BEACH CA 90266
Nima Vahdat officer: General Counsel 19500 JAMBOREE ROAD, IRVINE CA 92612
Paul Licon other: Principal Accounting Officer 19500 JAMBOREE ROAD, IRVINE CA 92612
Todd M Pickup 10 percent owner 1400 NEWPORT CENTER DRIVE, SUITE 230, NEWPORT BEACH CA 92660
Stewart B. Koenigsberg director 19500 JAMBOREE ROAD, IRVINE CA 92612

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