HERC (H.E.R.C. Products) Cyclically Adjusted PS Ratio: (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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 H.E.R.C. Products Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


H.E.R.C. Products  (OTCPK:HERC) 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.


H.E.R.C. Products Cyclically Adjusted PS Ratio Related Terms


H.E.R.C. Products Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for H.E.R.C. Products'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.

H.E.R.C. Products Cyclically Adjusted PS Ratio Chart

H.E.R.C. Products Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
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

H.E.R.C. Products Quarterly Data
Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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

HERC vs CABN, TEKXD, DLYT: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, H.E.R.C. Products'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.


H.E.R.C. Products Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.E.R.C. Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where H.E.R.C. Products's Cyclically Adjusted PS Ratio falls into.



H.E.R.C. Products 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.

H.E.R.C. Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2004 is calculated as:

For example, H.E.R.C. Products's adjusted Revenue per Share data for the three months ended in Jun. 2004 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2004 (Change)*Current CPI (Jun. 2004)
=0.12/189.7000*189.7000
=0.120

Current CPI (Jun. 2004) = 189.7000.

H.E.R.C. Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
199312 0.540 145.800 0.703
199403 0.085 147.200 0.110
199406 0.054 148.000 0.069
199409 0.040 149.400 0.051
199412 0.092 149.700 0.117
199503 0.084 151.400 0.105
199506 0.115 152.500 0.143
199509 0.216 153.200 0.267
199512 0.066 153.500 0.082
199603 0.175 155.700 0.213
199606 0.175 156.700 0.212
199609 0.193 157.800 0.232
199612 -0.131 158.600 -0.157
199703 0.154 160.000 0.183
199706 0.093 160.300 0.110
199709 0.120 161.200 0.141
199712 0.088 161.300 0.103
199803 0.121 162.200 0.142
199806 0.120 163.000 0.140
199809 0.100 163.600 0.116
199812 0.010 163.900 0.012
199912 0.000 168.300 0.000
200003 0.143 171.200 0.158
200006 0.080 172.400 0.088
200009 0.094 173.700 0.103
200012 0.047 174.000 0.051
200103 0.105 176.200 0.113
200106 0.114 178.000 0.121
200109 0.148 178.300 0.157
200112 0.139 176.700 0.149
200203 0.140 178.800 0.149
200206 0.124 179.900 0.131
200209 0.148 181.000 0.155
200212 0.128 180.900 0.134
200303 0.102 184.200 0.105
200306 0.098 183.700 0.101
200309 0.126 185.200 0.129
200312 0.153 184.300 0.157
200403 0.123 187.400 0.125
200406 0.120 189.700 0.120

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.


H.E.R.C. Products Business Description

Address 1420 Columbus Avenue, Portsmouth, VA, USA, 23704