Hi-Crush (FRA:HCU) Cyclically Adjusted PS Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hi-Crush Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hi-Crush  (FRA:HCU) 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.


Hi-Crush Cyclically Adjusted PS Ratio Related Terms


Hi-Crush Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hi-Crush'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.

Hi-Crush Cyclically Adjusted PS Ratio Chart

Hi-Crush Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hi-Crush Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.00 0.00 0.00 0.00 0.00

FRA:HCU vs NCSM, QES, DWSN: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Hi-Crush'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.


Hi-Crush Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hi-Crush's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hi-Crush 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.

Hi-Crush's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Hi-Crush's adjusted Revenue per Share data for the fiscal year that ended in Dec19 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=5.672/256.9740*256.9740
=5.672

Current CPI (Dec19) = 256.9740.

Hi-Crush Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.000 219.179 0.000
201112 1.134 225.672 1.291
201212 0.000 229.601 0.000
201312 4.638 233.049 5.114
201412 8.761 234.812 9.588
201512 8.393 236.525 9.119
201612 3.910 241.432 4.162
201712 5.793 246.524 6.039
201812 7.912 251.233 8.093
201912 5.672 256.974 5.672

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.


Hi-Crush Business Description

Industry EnergyOil & Gas
Address 1330 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Hi-Crush is one of the leading suppliers of sand used in the hydraulic fracturing of oil and gas wells. It produces Northern White sand from four mines in Wisconsin and one mine in West Texas. The company delivers sand in most major basins via its extensive logistics network.