GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hertz Global Holdings Inc (STU:AZK0) » Definitions » Cyclically Adjusted Revenue per Share

Hertz Global Holdings (STU:AZK0) Cyclically Adjusted Revenue per Share : €67.43 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Hertz Global 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.

Hertz Global Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was €6.274. 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 €67.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hertz Global Holdings's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% 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 Hertz Global Holdings was 20.80% per year. The lowest was 5.70% per year. And the median was 11.90% per year.

As of today (2024-05-24), Hertz Global Holdings's current stock price is €4.358. Hertz Global Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €67.43. Hertz Global Holdings's Cyclically Adjusted PS Ratio of today is 0.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hertz Global Holdings was 0.53. The lowest was 0.06. And the median was 0.25.


Hertz Global Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hertz Global 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.

Hertz Global Holdings Cyclically Adjusted Revenue per Share Chart

Hertz Global Holdings 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 - - - 63.45 66.69

Hertz Global Holdings 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 64.95 64.88 70.58 66.69 67.43

Competitive Comparison of Hertz Global Holdings's Cyclically Adjusted Revenue per Share

For the Rental & Leasing Services subindustry, Hertz Global 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.


Hertz Global Holdings's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hertz Global Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hertz Global 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, Hertz Global Holdings'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)
=6.274/131.7762*131.7762
=6.274

Current CPI (Mar. 2024) = 131.7762.

Hertz Global Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.479 100.560 5.869
201409 5.220 100.428 6.849
201412 8.321 99.070 11.068
201503 4.940 99.621 6.535
201506 4.488 100.684 5.874
201509 25.212 100.392 33.094
201512 21.135 99.792 27.909
201603 20.950 100.470 27.478
201606 23.768 101.688 30.801
201609 26.646 101.861 34.472
201612 23.513 101.863 30.418
201703 21.584 102.862 27.651
201706 23.848 103.349 30.408
201709 25.999 104.136 32.900
201712 13.481 104.011 17.080
201803 20.158 105.290 25.229
201806 21.302 106.317 26.403
201809 24.621 106.507 30.463
201812 20.377 105.998 25.333
201903 19.424 107.251 23.866
201906 22.910 108.070 27.936
201909 19.217 108.329 23.376
201912 14.840 108.420 18.037
202003 12.256 108.902 14.830
202006 5.131 108.767 6.216
202009 6.901 109.815 8.281
202012 6.508 109.897 7.804
202103 6.897 111.754 8.133
202106 9.716 114.631 11.169
202109 3.861 115.734 4.396
202112 3.686 117.630 4.129
202203 3.565 121.301 3.873
202206 5.230 125.017 5.513
202209 6.652 125.227 7.000
202212 5.504 125.222 5.792
202303 5.919 127.348 6.125
202306 7.141 128.729 7.310
202309 7.745 129.860 7.859
202312 6.502 129.419 6.620
202403 6.274 131.776 6.274

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


Hertz Global Holdings  (STU:AZK0) 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.

Hertz Global Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.358/67.43
=0.06

* 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 Hertz Global Holdings was 0.53. The lowest was 0.06. And the median was 0.25.


Be Aware

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


Hertz Global Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Hertz Global Holdings (STU:AZK0) Business Description

Industry
Traded in Other Exchanges
Address
8501 Williams Road, Estero, FL, USA, 33928
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.

Hertz Global Holdings (STU:AZK0) Headlines

No Headlines