GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Heidrick & Struggles International Inc (FRA:HSI) » Definitions » Cyclically Adjusted PS Ratio

Heidrick & Struggles International (FRA:HSI) Cyclically Adjusted PS Ratio : 0.78 (As of May. 27, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Heidrick & Struggles International Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Heidrick & Struggles International's current share price is €33.00. Heidrick & Struggles International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €42.34. Heidrick & Struggles International's Cyclically Adjusted PS Ratio for today is 0.78.

The historical rank and industry rank for Heidrick & Struggles International's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:HSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.74   Max: 1.38
Current: 0.77

During the past years, Heidrick & Struggles International's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.48. And the median was 0.74.

FRA:HSI's Cyclically Adjusted PS Ratio is ranked better than
54.93% of 690 companies
in the Business Services industry
Industry Median: 0.89 vs FRA:HSI: 0.77

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.

Heidrick & Struggles International's adjusted revenue per share data for the three months ended in Mar. 2024 was €11.767. 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 €42.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heidrick & Struggles International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Heidrick & Struggles International'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.

Heidrick & Struggles International Cyclically Adjusted PS Ratio Chart

Heidrick & Struggles International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.87 1.17 0.67 0.66

Heidrick & Struggles International 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 0.71 0.61 0.56 0.66 0.73

Competitive Comparison of Heidrick & Struggles International's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Heidrick & Struggles International'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.


Heidrick & Struggles International's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Heidrick & Struggles International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's Cyclically Adjusted PS Ratio falls into.



Heidrick & Struggles International 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.

Heidrick & Struggles International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.00/42.34
=0.78

* 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.

Heidrick & Struggles International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Heidrick & Struggles International'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)
=11.767/131.7762*131.7762
=11.767

Current CPI (Mar. 2024) = 131.7762.

Heidrick & Struggles International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.643 100.560 7.395
201409 5.474 100.428 7.183
201412 5.534 99.070 7.361
201503 5.897 99.621 7.800
201506 6.596 100.684 8.633
201509 6.825 100.392 8.959
201512 7.185 99.792 9.488
201603 6.354 100.470 8.334
201606 7.275 101.688 9.428
201609 7.007 101.861 9.065
201612 8.061 101.863 10.428
201703 7.014 102.862 8.986
201706 7.458 103.349 9.509
201709 7.256 104.136 9.182
201712 7.842 104.011 9.935
201803 6.912 105.290 8.651
201806 8.312 106.317 10.302
201809 8.496 106.507 10.512
201812 8.479 105.998 10.541
201903 7.998 107.251 9.827
201906 8.115 108.070 9.895
201909 8.717 108.329 10.604
201912 8.457 108.420 10.279
202003 8.001 108.902 9.682
202006 6.803 108.767 8.242
202009 6.340 109.815 7.608
202012 6.886 109.897 8.257
202103 8.109 111.754 9.562
202106 10.779 114.631 12.391
202109 11.142 115.734 12.686
202112 12.455 117.630 13.953
202203 12.640 121.301 13.732
202206 14.022 125.017 14.780
202209 12.779 125.227 13.447
202212 10.833 125.222 11.400
202303 10.994 127.348 11.376
202306 12.245 128.729 12.535
202309 12.213 129.860 12.393
202312 11.285 129.419 11.491
202403 11.767 131.776 11.767

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.


Heidrick & Struggles International  (FRA:HSI) 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.


Heidrick & Struggles International Cyclically Adjusted PS Ratio Related Terms

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


Heidrick & Struggles International (FRA:HSI) Business Description

Traded in Other Exchanges
Address
233 South Wacker Drive, Suite 4900, Chicago, IL, USA, 60606-6303
Heidrick & Struggles International Inc is a leadership advisory firm providing executive search and consulting services to businesses and business leaders world wide. The company's operating segment includes the executive search business which operates in the Americas; Europe; Asia Pacific and On-Demand Talent and Heidrick Consulting. It generates maximum revenue from the Americas.

Heidrick & Struggles International (FRA:HSI) Headlines

No Headlines