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Hexatronic Group AB (CHIX:HTROS) Cyclically Adjusted PS Ratio : 2.64 (As of Jun. 10, 2024)


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What is Hexatronic Group AB Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Hexatronic Group AB's current share price is kr44.82. Hexatronic Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr16.97. Hexatronic Group AB's Cyclically Adjusted PS Ratio for today is 2.64.

The historical rank and industry rank for Hexatronic Group AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:HTROs' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.56   Max: 15.25
Current: 2.67

During the past years, Hexatronic Group AB's highest Cyclically Adjusted PS Ratio was 15.25. The lowest was 1.24. And the median was 2.56.

CHIX:HTROs's Cyclically Adjusted PS Ratio is ranked worse than
76.8% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs CHIX:HTROs: 2.67

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.

Hexatronic Group AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr8.777. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is kr16.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexatronic Group AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hexatronic Group AB's Cyclically Adjusted PS Ratio 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.

Hexatronic Group AB Cyclically Adjusted PS Ratio Chart

Hexatronic Group AB Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 2.49 12.78 11.97 1.67

Hexatronic Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 9.14 5.64 2.91 1.67 1.92

Competitive Comparison of Hexatronic Group AB's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Hexatronic Group 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.


Hexatronic Group AB's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hexatronic Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hexatronic Group AB's Cyclically Adjusted PS Ratio falls into.



Hexatronic Group AB Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Hexatronic Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.82/16.97
=2.64

* 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.

Hexatronic Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hexatronic Group AB'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)
=8.777/132.2054*132.2054
=8.777

Current CPI (Mar. 2024) = 132.2054.

Hexatronic Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.285 100.225 1.695
201408 0.778 100.001 1.029
201411 0.983 100.068 1.299
201502 0.853 99.867 1.129
201505 1.116 100.285 1.471
201508 1.063 99.829 1.408
201511 1.295 100.129 1.710
201602 0.986 100.253 1.300
201605 1.468 100.914 1.923
201608 1.306 100.968 1.710
201611 1.864 101.517 2.427
201703 1.981 102.022 2.567
201706 1.833 102.752 2.358
201709 1.789 103.279 2.290
201712 0.000 103.793 0.000
201803 1.794 103.962 2.281
201806 2.176 104.875 2.743
201809 2.133 105.679 2.668
201812 2.432 105.912 3.036
201903 2.269 105.886 2.833
201906 2.607 106.742 3.229
201909 2.543 107.214 3.136
201912 2.483 107.766 3.046
202003 2.345 106.563 2.909
202006 2.716 107.498 3.340
202009 2.849 107.635 3.499
202012 3.163 108.296 3.861
202103 3.333 108.360 4.066
202106 4.086 108.928 4.959
202109 4.641 110.338 5.561
202112 5.758 112.486 6.767
202203 6.839 114.825 7.874
202206 8.181 118.384 9.136
202209 8.442 122.296 9.126
202212 8.786 126.365 9.192
202303 10.290 127.042 10.708
202306 11.036 129.407 11.275
202309 9.430 130.224 9.574
202312 9.166 131.912 9.186
202403 8.777 132.205 8.777

Add all the adjusted revenue per share together and divide 10 will get our 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.


Hexatronic Group AB  (CHIX:HTROs) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Hexatronic Group AB Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Hexatronic Group AB's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hexatronic Group AB (CHIX:HTROS) Business Description

Industry
Traded in Other Exchanges
Address
Sofierogatan 3A, Gothenburg, SWE, SE-412 51
Hexatronic Group AB is a technology group, specializing in fiber communications products. The company supply fiber optic products and solutions; and complete range of passive infrastructure for telecom companies.

Hexatronic Group AB (CHIX:HTROS) Headlines

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