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AS Harju Elekter (OTSE:HAE1T) Cyclically Adjusted PS Ratio : 0.59 (As of Jun. 05, 2024)


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What is AS Harju Elekter Cyclically Adjusted PS Ratio?

As of today (2024-06-05), AS Harju Elekter's current share price is €4.82. AS Harju Elekter's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €8.17. AS Harju Elekter's Cyclically Adjusted PS Ratio for today is 0.59.

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

OTSE:HAE1T' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.04   Max: 1.9
Current: 0.59

During the past years, AS Harju Elekter's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.58. And the median was 1.04.

OTSE:HAE1T's Cyclically Adjusted PS Ratio is ranked better than
77.35% of 2194 companies
in the Industrial Products industry
Industry Median: 1.42 vs OTSE:HAE1T: 0.59

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.

AS Harju Elekter's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.529. 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 €8.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AS Harju Elekter Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AS Harju Elekter'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.

AS Harju Elekter Cyclically Adjusted PS Ratio Chart

AS Harju Elekter 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 0.95 1.03 1.26 0.73 0.63

AS Harju Elekter 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 0.70 0.67 0.65 0.63 0.59

Competitive Comparison of AS Harju Elekter's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, AS Harju Elekter'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.


AS Harju Elekter's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



AS Harju Elekter 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.

AS Harju Elekter's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.82/8.17
=0.59

* 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.

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

For example, AS Harju Elekter'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)
=2.529/131.7762*131.7762
=2.529

Current CPI (Mar. 2024) = 131.7762.

AS Harju Elekter Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.637 100.560 0.835
201409 0.902 100.428 1.184
201412 0.814 99.070 1.083
201503 0.629 99.621 0.832
201506 0.935 100.684 1.224
201509 1.024 100.392 1.344
201512 0.847 99.792 1.118
201603 0.663 100.470 0.870
201606 0.970 101.688 1.257
201609 0.890 101.861 1.151
201612 0.925 101.863 1.197
201703 0.988 102.862 1.266
201706 1.415 103.349 1.804
201709 1.760 104.136 2.227
201712 1.624 104.011 2.058
201803 1.465 105.290 1.834
201806 1.908 106.317 2.365
201809 1.651 106.507 2.043
201812 1.785 105.998 2.219
201903 1.651 107.251 2.029
201906 2.289 108.070 2.791
201909 2.382 108.329 2.898
201912 1.761 108.420 2.140
202003 1.973 108.902 2.387
202006 2.199 108.767 2.664
202009 2.106 109.815 2.527
202012 1.987 109.897 2.383
202103 1.720 111.754 2.028
202106 2.036 114.631 2.341
202109 2.329 115.734 2.652
202112 2.401 117.630 2.690
202203 2.064 121.301 2.242
202206 2.320 125.017 2.445
202209 2.519 125.227 2.651
202212 2.709 125.222 2.851
202303 2.400 127.348 2.483
202306 3.103 128.729 3.176
202309 3.058 129.860 3.103
202312 2.743 129.419 2.793
202403 2.529 131.776 2.529

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.


AS Harju Elekter  (OTSE:HAE1T) 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.


AS Harju Elekter Cyclically Adjusted PS Ratio Related Terms

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


AS Harju Elekter (OTSE:HAE1T) Business Description

Traded in Other Exchanges
Address
Paldiski maantee 31, Keila, EST, 76606
AS Harju Elekter is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

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