HGRVF (Hargreaves Services) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

HGRVF Hargreaves Services PLC HGRVF
74 GF Score
Price $8.51
GF Value $7.86
Valuation Fairly Valued
! 3 Warning Signs
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What is Hargreaves Services Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hargreaves Services  (OTCPK:HGRVF) 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.


Hargreaves Services Cyclically Adjusted PS Ratio Related Terms


Hargreaves Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hargreaves Services'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.

Hargreaves Services Cyclically Adjusted PS Ratio Chart

Hargreaves Services Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.19 0.32 0.57 0.60

Hargreaves Services Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 0.32 0.53 0.57 0.58 0.59

HGRVF vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Hargreaves Services'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.


Hargreaves Services Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


HGRVF
74GF Score
Hargreaves Services PLC HGRVF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hargreaves Services 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.

Hargreaves Services's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May26 is calculated as:

For example, Hargreaves Services's adjusted Revenue per Share data for the fiscal year that ended in May26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May26 (Change)*Current CPI (May26)
=14.167/142.1000*142.1000
=14.167

Current CPI (May26) = 142.1000.

Hargreaves Services Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201705 13.584 103.500 18.650
201805 12.368 105.900 16.596
201905 12.229 107.900 16.105
202005 8.546 108.600 11.182
202105 8.203 111.000 10.501
202205 7.172 119.700 8.514
202305 7.648 129.100 8.418
202405 8.045 132.700 8.615
202505 10.176 138.000 10.478
202605 14.167 142.100 14.167

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.

Is Hargreaves Services (HGRVF) Overvalued in 2026?

Based on GuruFocus' analysis, Hargreaves Services stock appears to be overvalued. The current stock price of $8.51 is trading 8.3% above its estimated GF Value™ of $7.86. GuruFocus considers Hargreaves Services to be Fairly Valued.

Key valuation signals for HGRVF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $7.86 vs. price of $8.51 (8.3% above fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the HGRVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hargreaves Services Business Description

Other Exchanges HSPl:UKHSP:UKH6W:Germany
Address West Terrace, Esh Winning, Durham, GBR, DH7 9PT
Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services; Hargreaves Land; Unallocated and Hargreaves Raw Materials Services. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.
74GF Score

Get the complete analysis for HGRVF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.51
Price
$7.86
GF Value