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Harbourvest Global Private Equity (LSE:HVPE) Cyclically Adjusted Revenue per Share : £1,801.43 (As of Jan. 2023)


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What is Harbourvest Global Private Equity 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.

Harbourvest Global Private Equity's adjusted revenue per share data for the fiscal year that ended in Jan. 2024 was £1.290. 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 £1,801.43 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Harbourvest Global Private Equity's average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 42.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 435.40% 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 Harbourvest Global Private Equity was 1010.30% per year. The lowest was 22.80% per year. And the median was 761.90% per year.

As of today (2024-06-04), Harbourvest Global Private Equity's current stock price is £ 23.45. Harbourvest Global Private Equity's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan. 2024 was £1,801.43. Harbourvest Global Private Equity's Cyclically Adjusted PS Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Harbourvest Global Private Equity was 16.09. The lowest was 0.01. And the median was 10.47.


Harbourvest Global Private Equity Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Harbourvest Global Private Equity'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.

Harbourvest Global Private Equity Cyclically Adjusted Revenue per Share Chart

Harbourvest Global Private Equity Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 621.00 1,642.32 1,747.45 1,801.43

Harbourvest Global Private Equity Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 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 - 1,642.32 - 1,747.45 1,801.43

Competitive Comparison of Harbourvest Global Private Equity's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Harbourvest Global Private Equity'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.


Harbourvest Global Private Equity's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Harbourvest Global Private Equity's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Harbourvest Global Private Equity's Cyclically Adjusted PS Ratio falls into.



Harbourvest Global Private Equity 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, Harbourvest Global Private Equity's adjusted Revenue per Share data for the fiscal year that ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.29/130.1244*130.1244
=1.290

Current CPI (Jan. 2024) = 130.1244.

Harbourvest Global Private Equity Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201501 1.030 98.604 1.359
201601 0.684 99.957 0.890
201701 1.463 102.456 1.858
201801 2.235 104.578 2.781
201901 2.119 106.200 2.596
202001 2.751 108.841 3.289
202101 6,196.113 110.364 7,305.498
202201 9,749.688 118.619 10,695.328
202301 -0.579 126.223 -0.597
202401 1.290 130.124 1.290

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


Harbourvest Global Private Equity  (LSE:HVPE) 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.

Harbourvest Global Private Equity's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.45/1801.43
=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 Harbourvest Global Private Equity was 16.09. The lowest was 0.01. And the median was 10.47.


Be Aware

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


Harbourvest Global Private Equity Cyclically Adjusted Revenue per Share Related Terms

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


Harbourvest Global Private Equity (LSE:HVPE) Business Description

Traded in Other Exchanges
Address
Saint Julian’s Avenue, BNP Paribas House, Saint Peter Port, GGY, GY1 1WA
Harbourvest Global Private Equity Ltd is a closed-ended investment company. Its investment objective is to generate superior shareholder returns through long-term capital appreciation by investing in a diversified portfolio of private equity investments as well as private market assets other than private equity where it identifies attractive opportunities. The company mainly invests in investment funds managed by HarbourVest Partners, LLC who make investments alongside third-party-managed investment funds. Its revenue comprises of investment income including interest from cash and equivalents and dividends. The company has a presence in the United States, Europe, Asia Pacific, and Rest of World.

Harbourvest Global Private Equity (LSE:HVPE) Headlines

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