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Hennes & Mauritz AB (OSTO:HM B) Cyclically Adjusted Revenue per Share : kr149.72 (As of Feb. 2024)


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What is Hennes & Mauritz AB 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.

Hennes & Mauritz AB's adjusted revenue per share for the three months ended in Feb. 2024 was kr33.180. 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 kr149.72 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Hennes & Mauritz AB's average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 Hennes & Mauritz AB was 10.80% per year. The lowest was 6.50% per year. And the median was 8.05% per year.

As of today (2024-05-20), Hennes & Mauritz AB's current stock price is kr181.30. Hennes & Mauritz AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was kr149.72. Hennes & Mauritz AB's Cyclically Adjusted PS Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hennes & Mauritz AB was 2.49. The lowest was 0.79. And the median was 1.44.


Hennes & Mauritz AB Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hennes & Mauritz AB'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.

Hennes & Mauritz AB Cyclically Adjusted Revenue per Share Chart

Hennes & Mauritz AB Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.29 108.52 116.83 135.34 147.75

Hennes & Mauritz AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 139.30 142.28 145.21 147.75 149.72

Competitive Comparison of Hennes & Mauritz AB's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB'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.


Hennes & Mauritz AB's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hennes & Mauritz AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hennes & Mauritz AB's Cyclically Adjusted PS Ratio falls into.



Hennes & Mauritz AB 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, Hennes & Mauritz AB's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=33.18/132.0458*132.0458
=33.180

Current CPI (Feb. 2024) = 132.0458.

Hennes & Mauritz AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 22.855 100.225 30.111
201408 23.446 100.001 30.959
201411 25.766 100.068 34.000
201502 24.335 99.867 32.176
201505 27.713 100.285 36.490
201508 27.808 99.829 36.782
201511 29.421 100.129 38.799
201602 26.398 100.253 34.769
201605 28.321 100.914 37.058
201608 29.595 100.968 38.704
201611 31.854 101.517 41.433
201702 28.388 102.037 36.737
201705 31.046 102.679 39.925
201708 30.953 103.138 39.628
201711 30.456 103.413 38.889
201802 27.903 103.678 35.538
201805 31.409 104.632 39.638
201808 33.727 105.197 42.335
201811 34.086 105.443 42.686
201902 30.823 105.641 38.527
201905 34.726 106.895 42.897
201908 37.806 106.716 46.780
201911 37.276 107.345 45.854
202002 33.200 106.742 41.070
202005 17.319 106.882 21.397
202008 30.736 107.571 37.729
202011 31.750 107.549 38.982
202102 24.204 108.190 29.541
202105 28.101 108.838 34.093
202108 33.585 109.780 40.397
202111 34.327 111.069 40.810
202202 29.706 112.834 34.764
202205 32.931 116.746 37.247
202208 34.781 120.573 38.091
202211 38.127 123.803 40.666
202302 33.670 126.321 35.196
202305 35.354 128.034 36.462
202308 37.367 129.560 38.084
202311 38.499 130.958 38.819
202402 33.180 132.046 33.180

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


Hennes & Mauritz AB  (OSTO:HM B) 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.

Hennes & Mauritz AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=181.30/149.72
=1.21

* 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 Hennes & Mauritz AB was 2.49. The lowest was 0.79. And the median was 1.44.


Be Aware

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


Hennes & Mauritz AB Cyclically Adjusted Revenue per Share Related Terms

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


Hennes & Mauritz AB (OSTO:HM B) Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (OSTO:HM B) Headlines

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