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Hayleys (COL:HAYL.N0000) Cyclically Adjusted PS Ratio : 0.28 (As of Jun. 20, 2024)


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What is Hayleys Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Hayleys's current share price is රු103.75. Hayleys's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was රු368.38. Hayleys's Cyclically Adjusted PS Ratio for today is 0.28.

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

COL:HAYL.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.24   Max: 0.42
Current: 0.28

During the past years, Hayleys's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.21. And the median was 0.24.

COL:HAYL.N0000's Cyclically Adjusted PS Ratio is ranked better than
75.28% of 445 companies
in the Conglomerates industry
Industry Median: 0.73 vs COL:HAYL.N0000: 0.28

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.

Hayleys's adjusted revenue per share data for the three months ended in Mar. 2024 was රු149.338. 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 රු368.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hayleys Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hayleys'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.

Hayleys Cyclically Adjusted PS Ratio Chart

Hayleys Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.23 0.22

Hayleys 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 0.23 0.24 0.27 0.20 0.22

Competitive Comparison of Hayleys's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Hayleys'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.


Hayleys's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



Hayleys 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.

Hayleys's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=103.75/368.38
=0.28

* 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.

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

For example, Hayleys'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)
=149.338/131.7762*131.7762
=149.338

Current CPI (Mar. 2024) = 131.7762.

Hayleys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 30.113 100.560 39.461
201409 30.488 100.428 40.005
201412 30.712 99.070 40.851
201503 32.100 99.621 42.461
201506 29.365 100.684 38.433
201509 29.334 100.392 38.504
201512 31.471 99.792 41.558
201603 32.862 100.470 43.102
201606 32.169 101.688 41.687
201609 37.410 101.861 48.397
201612 40.018 101.863 51.770
201703 38.969 102.862 49.923
201706 38.963 103.349 49.680
201709 44.258 104.136 56.005
201712 66.502 104.011 84.254
201803 67.986 105.290 85.089
201806 67.415 106.317 83.559
201809 69.843 106.507 86.414
201812 79.593 105.998 98.950
201903 77.313 107.251 94.993
201906 70.159 108.070 85.549
201909 69.238 108.329 84.224
201912 73.699 108.420 89.575
202003 65.734 108.902 79.541
202006 64.268 108.767 77.863
202009 78.149 109.815 93.778
202012 86.706 109.897 103.968
202103 92.510 111.754 109.084
202106 94.300 114.631 108.404
202109 106.005 115.734 120.698
202112 122.858 117.630 137.634
202203 127.571 121.301 138.588
202206 164.913 125.017 173.830
202209 173.401 125.227 182.470
202212 185.765 125.222 195.488
202303 156.561 127.348 162.005
202306 132.293 128.729 135.425
202309 133.010 129.860 134.973
202312 163.343 129.419 166.318
202403 149.338 131.776 149.338

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.


Hayleys  (COL:HAYL.N0000) 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.


Hayleys Cyclically Adjusted PS Ratio Related Terms

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


Hayleys (COL:HAYL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 400, Deans Road, P.O. Box 70, Hayley Building, Colombo, LKA, 10
Hayleys PLC is a holding company engaged in the provision of management services. The company operates through the following segments: Eco Solutions, Hand Protection, Purification Products, Textiles, Construction Materials, Agriculture, Plantations, Consumer and Retail, Leisure, Industry Inputs, Power and Energy, Transportation and Logistics, and Others. Geographically, it derives revenue from Asia, Australia, Europe, the United States, Africa, and others.

Hayleys (COL:HAYL.N0000) Headlines

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