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Heliospectra AB (OSTO:HELIO) Cyclically Adjusted PS Ratio : 0.92 (As of Jun. 08, 2024)


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What is Heliospectra AB Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Heliospectra AB's current share price is kr0.68. Heliospectra AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr0.74. Heliospectra AB's Cyclically Adjusted PS Ratio for today is 0.92.

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

OSTO:HELIO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.3   Max: 2.11
Current: 1

During the past years, Heliospectra AB's highest Cyclically Adjusted PS Ratio was 2.11. The lowest was 0.45. And the median was 1.30.

OSTO:HELIO's Cyclically Adjusted PS Ratio is ranked better than
62.51% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs OSTO:HELIO: 1.00

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.

Heliospectra AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr0.059. 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 kr0.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heliospectra AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Heliospectra 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.

Heliospectra AB Cyclically Adjusted PS Ratio Chart

Heliospectra AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.55

Heliospectra AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.55 1.79 1.47 1.06 0.49

Competitive Comparison of Heliospectra AB's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Heliospectra 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.


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

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

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



Heliospectra 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.68/0.74
=0.92

* 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.

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

For example, Heliospectra 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)
=0.059/132.2054*132.2054
=0.059

Current CPI (Mar. 2024) = 132.2054.

Heliospectra AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.074 99.788 0.098
201406 0.028 100.432 0.037
201409 0.037 100.161 0.049
201412 0.027 100.225 0.036
201503 0.117 99.950 0.155
201506 0.102 99.995 0.135
201509 0.097 100.228 0.128
201512 0.310 100.276 0.409
201603 0.236 100.751 0.310
201606 0.207 101.019 0.271
201609 0.257 101.138 0.336
201612 0.176 102.022 0.228
201703 0.101 102.022 0.131
201706 0.202 102.752 0.260
201709 0.195 103.279 0.250
201712 0.418 103.793 0.532
201803 0.243 103.962 0.309
201806 0.204 104.875 0.257
201809 0.435 105.679 0.544
201812 0.304 105.912 0.379
201903 0.252 105.886 0.315
201906 0.137 106.742 0.170
201909 0.116 107.214 0.143
201912 0.047 107.766 0.058
202003 0.265 106.563 0.329
202006 0.082 107.498 0.101
202009 0.131 107.635 0.161
202012 0.146 108.296 0.178
202103 0.111 108.360 0.135
202106 0.099 108.928 0.120
202109 0.059 110.338 0.071
202112 0.146 112.486 0.172
202203 0.066 114.825 0.076
202206 0.039 118.384 0.044
202209 0.074 122.296 0.080
202212 0.094 126.365 0.098
202303 0.066 127.042 0.069
202306 0.083 129.407 0.085
202309 0.068 130.224 0.069
202403 0.059 132.205 0.059

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.


Heliospectra AB  (OSTO:HELIO) 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.


Heliospectra AB Cyclically Adjusted PS Ratio Related Terms

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


Heliospectra AB (OSTO:HELIO) Business Description

Traded in Other Exchanges
Address
Fiskhamnsgatan 2, Gothenburg, SWE, 414 58
Heliospectra AB is engaged in the development of lighting systems for controlled environments using light-emitting diode technology. The company's offering is targeted at greenhouses and indoor growers of medicinal plants, foodstuffs, herbs and microgreens, and academic and agtech researchers. The offering consists of total solutions that rest on three pillars: Lighting, control systems marketed under the brand name helioCORE, and services marketed under the brand name helioCARE.

Heliospectra AB (OSTO:HELIO) Headlines

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