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Hengan International Group Co (Hengan International Group Co) Cyclically Adjusted PS Ratio : 1.37 (As of May. 12, 2024)


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What is Hengan International Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-12), Hengan International Group Co's current share price is $18.86. Hengan International Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $13.77. Hengan International Group Co's Cyclically Adjusted PS Ratio for today is 1.37.

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

HEGIY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 3.99   Max: 12.22
Current: 1.33

During the past 13 years, Hengan International Group Co's highest Cyclically Adjusted PS Ratio was 12.22. The lowest was 1.09. And the median was 3.99.

HEGIY's Cyclically Adjusted PS Ratio is ranked worse than
65.19% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 0.81 vs HEGIY: 1.33

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.

Hengan International Group Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $14.351. 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 $13.77 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hengan International Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hengan International Group Co'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.

Hengan International Group Co Cyclically Adjusted PS Ratio Chart

Hengan International Group Co 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 2.94 2.77 1.95 1.95 1.36

Hengan International Group Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.95 - 1.95 - 1.36

Competitive Comparison of Hengan International Group Co's Cyclically Adjusted PS Ratio

For the Household & Personal Products subindustry, Hengan International Group Co'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.


Hengan International Group Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hengan International Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hengan International Group Co's Cyclically Adjusted PS Ratio falls into.



Hengan International Group Co 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.

Hengan International Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.86/13.77
=1.37

* 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.

Hengan International Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Hengan International Group Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=14.351/114.6694*114.6694
=14.351

Current CPI (Dec23) = 114.6694.

Hengan International Group Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 12.519 99.000 14.500
201512 11.817 100.600 13.470
201612 11.489 102.600 12.841
201712 11.379 104.500 12.486
201812 12.314 106.500 13.259
201912 13.478 111.200 13.899
202012 14.386 111.500 14.795
202112 13.891 113.108 14.083
202212 13.957 115.116 13.903
202312 14.351 114.669 14.351

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.


Hengan International Group Co  (OTCPK:HEGIY) 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.


Hengan International Group Co Cyclically Adjusted PS Ratio Related Terms

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


Hengan International Group Co (Hengan International Group Co) Business Description

Traded in Other Exchanges
Address
Hengan Industrial City, Anhai Town, Fujian Province, Jinjiang, CHN, 362261
Hengan International is a leading personal care product manufacturer in China. Its business comprises tissue paper products (54% of sales), sanitary napkins (27% of sales), disposable diapers (5% of sales), and others.

Hengan International Group Co (Hengan International Group Co) Headlines

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