GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hexagon AB (FRA:HXG) » Definitions » Cyclically Adjusted PS Ratio

Hexagon AB (FRA:HXG) Cyclically Adjusted PS Ratio : 5.18 (As of Oct. 31, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hexagon AB Cyclically Adjusted PS Ratio?

As of today (2024-10-31), Hexagon AB's current share price is €8.85. Hexagon AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €1.71. Hexagon AB's Cyclically Adjusted PS Ratio for today is 5.18.

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

FRA:HXG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.72   Med: 6.98   Max: 11.75
Current: 5.41

During the past years, Hexagon AB's highest Cyclically Adjusted PS Ratio was 11.75. The lowest was 4.72. And the median was 6.98.

FRA:HXG's Cyclically Adjusted PS Ratio is ranked worse than
88.72% of 1702 companies
in the Hardware industry
Industry Median: 1.205 vs FRA:HXG: 5.41

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.

Hexagon AB's adjusted revenue per share data for the three months ended in Sep. 2024 was €0.480. 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 €1.71 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexagon AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hexagon 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.

Hexagon AB Cyclically Adjusted PS Ratio Chart

Hexagon AB 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 6.54 8.68 10.52 6.64 6.58

Hexagon AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.23 6.58 6.78 6.29 5.70

Competitive Comparison of Hexagon AB's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Hexagon 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.


Hexagon AB's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hexagon AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hexagon 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.85/1.71
=5.18

* 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.

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

For example, Hexagon AB's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.48/132.0522*132.0522
=0.480

Current CPI (Sep. 2024) = 132.0522.

Hexagon AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.297 100.225 0.391
201503 0.281 99.950 0.371
201506 0.310 99.995 0.409
201509 0.294 100.228 0.387
201512 0.323 100.276 0.425
201603 0.287 100.751 0.376
201606 0.315 101.019 0.412
201609 0.308 101.138 0.402
201612 0.336 102.022 0.435
201703 0.308 102.022 0.399
201706 0.341 102.752 0.438
201709 0.336 103.279 0.430
201712 0.377 103.793 0.480
201803 0.329 103.962 0.418
201806 0.370 104.875 0.466
201809 0.373 105.679 0.466
201812 0.411 105.912 0.512
201903 0.360 105.886 0.449
201906 0.382 106.742 0.473
201909 0.373 107.214 0.459
201912 0.413 107.766 0.506
202003 0.346 106.563 0.429
202006 0.348 107.498 0.427
202009 0.365 107.635 0.448
202012 0.403 108.296 0.491
202103 0.380 108.360 0.463
202106 0.418 108.928 0.507
202109 0.419 110.338 0.501
202112 0.447 112.486 0.525
202203 0.429 114.825 0.493
202206 0.474 118.384 0.529
202209 0.486 122.296 0.525
202212 0.518 126.365 0.541
202303 0.475 127.042 0.494
202306 0.505 129.407 0.515
202309 0.498 130.224 0.505
202312 0.531 131.912 0.532
202403 0.480 132.205 0.479
202406 0.500 132.716 0.497
202409 0.480 132.052 0.480

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.


Hexagon AB  (FRA:HXG) 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.


Hexagon AB Cyclically Adjusted PS Ratio Related Terms

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


Hexagon AB Business Description

Industry
Traded in Other Exchanges
Address
Lilla Bantorget 15, Stockholm, SWE, SE-111 23
Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa region, and the rest in Asia.

Hexagon AB Headlines

No Headlines