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Hurco (HURC) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Hurco Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hurco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hurco'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.

Hurco Cyclically Adjusted PS Ratio Chart

Hurco Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.82 0.84 0.58 0.47

Hurco Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.53 0.55 0.47 0.57 -

Competitive Comparison of Hurco's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Hurco'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.


Hurco's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hurco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hurco 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.

Hurco's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Hurco's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=6.93/131.7762*131.7762
=6.930

Current CPI (Apr. 2024) = 131.7762.

Hurco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 8.457 100.520 11.087
201410 9.478 100.176 12.468
201501 7.759 98.604 10.369
201504 7.616 99.824 10.054
201507 7.967 100.691 10.427
201510 9.870 100.346 12.961
201601 8.531 99.957 11.247
201604 7.835 100.947 10.228
201607 7.886 101.524 10.236
201610 9.977 101.988 12.891
201701 7.310 102.456 9.402
201704 8.728 103.167 11.148
201707 9.077 103.278 11.582
201710 11.336 104.070 14.354
201801 10.147 104.578 12.786
201804 10.381 105.708 12.941
201807 11.602 106.324 14.379
201810 12.282 106.695 15.169
201901 10.902 106.200 13.528
201904 10.357 107.818 12.658
201907 8.587 108.250 10.453
201910 8.802 108.577 10.683
202001 6.439 108.841 7.796
202004 5.509 108.173 6.711
202007 6.872 109.318 8.284
202010 6.772 109.861 8.123
202101 8.219 110.364 9.814
202104 8.760 112.673 10.245
202107 8.186 115.183 9.365
202110 10.425 116.696 11.772
202201 10.070 118.619 11.187
202204 9.462 121.978 10.222
202207 8.695 125.002 9.166
202210 9.591 125.734 10.052
202301 8.258 126.223 8.621
202304 8.260 127.992 8.504
202307 8.224 128.974 8.403
202310 10.173 129.810 10.327
202401 6.950 130.124 7.038
202404 6.930 131.776 6.930

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.


Hurco  (NAS:HURC) 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.


Hurco Cyclically Adjusted PS Ratio Related Terms

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


Hurco (HURC) Business Description

Traded in Other Exchanges
Address
One Technology Way, Indianapolis, IN, USA, 46268
Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.
Executives
Michael Doar director, officer: Chairman & CEO ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Jonathon D. Wright officer: General Counsel/Corp Secretary ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268
Richard R. Porter director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Haiquynh Jamison officer: Corporate Controller ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268
Gregory S Volovic officer: EVP-Technology and Operations ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Sonja K Mcclelland officer: Chief Financial Officer ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Thomas A. Aaro director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Timothy J Gardner director 3600 WEST LAKE AVENUE, GLENVIEW IL 60026
Robert W Cruickshank director
Cynthia S Dubin director 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Jay C. Longbottom director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Andrew Sheeley Niner director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald G. Strackbein director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268

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