HHBHF (Hartalega Holdings Bhd) Cyclically Adjusted PS Ratio: (As of Sep. 22, 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.

HHBHF Hartalega Holdings Bhd HHBHF
67 GF Score
Price $0.24
GF Value $5.87
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Hartalega Holdings Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hartalega Holdings Bhd  (OTCPK:HHBHF) 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.


Hartalega Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


Hartalega Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hartalega Holdings Bhd'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.

Hartalega Holdings Bhd Cyclically Adjusted PS Ratio Chart

Hartalega Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.54 10.00 9.77 9.48 9.17

Hartalega Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.17 9.14 9.14 8.98 8.89

HHBHF vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Hartalega Holdings Bhd'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.


Hartalega Holdings Bhd Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hartalega Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hartalega Holdings Bhd's Cyclically Adjusted PS Ratio falls into.


HHBHF
67GF Score
Hartalega Holdings Bhd HHBHF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hartalega Holdings Bhd 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.

Hartalega Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hartalega Holdings Bhd's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.044/333.9520*333.9520
=0.044

Current CPI (Jun. 2026) = 333.9520.

Hartalega Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.033 241.428 0.046
201612 0.032 241.432 0.044
201703 0.036 243.801 0.049
201706 0.042 244.955 0.057
201709 0.041 246.819 0.055
201712 0.043 246.524 0.058
201803 0.047 249.554 0.063
201806 0.053 251.989 0.070
201809 0.052 252.439 0.069
201812 0.051 251.233 0.068
201903 0.050 254.202 0.066
201906 0.045 256.143 0.059
201909 0.050 256.759 0.065
201912 0.056 256.974 0.073
202003 0.055 258.115 0.071
202006 0.062 257.797 0.080
202009 0.094 260.280 0.121
202012 0.152 260.474 0.195
202103 0.166 264.877 0.209
202106 0.276 271.696 0.339
202109 0.140 274.310 0.170
202112 0.070 278.802 0.084
202203 0.068 287.504 0.079
202206 0.057 296.311 0.064
202209 0.038 296.808 0.043
202212 0.030 296.797 0.034
202303 0.035 301.836 0.039
202306 0.028 305.109 0.031
202309 0.029 307.789 0.031
202312 0.026 306.746 0.028
202403 0.033 312.332 0.035
202406 0.036 314.175 0.038
202409 0.043 315.301 0.046
202412 0.049 315.605 0.052
202503 0.040 319.799 0.042
202506 0.038 322.561 0.039
202509 0.037 324.800 0.038
202512 0.037 324.054 0.038
202603 0.038 330.213 0.038
202606 0.044 333.952 0.044

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 Hartalega Holdings Bhd (HHBHF) Overvalued in 2026?

Based on GuruFocus' analysis, Hartalega Holdings Bhd stock appears to be undervalued. The current stock price of $0.24 is trading 95.9% below its estimated GF Value™ of $5.87. GuruFocus considers Hartalega Holdings Bhd to be Significantly Undervalued.

Key valuation signals for HHBHF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $5.87 vs. price of $0.24 (95.9% below fair value)
  • GF Score™: 67/100 with 2 warning signs

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


Hartalega Holdings Bhd Business Description

Other Exchanges 5168:Malaysia
Address C-G-9, Jalan Dataran SD1, Dataran SD, PJU 9, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Hartalega Holdings Bhd is a holding company whose subsidiaries manufacture and sell a variety of nitrile, Polyisoprene, Polychloroprene, and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The company organizes its segments based on geography: North America, Europe, Asia, Australia, Malaysia, the Middle East, and Others. More revenue comes from the North America segment than from any other.
67GF Score

Get the complete analysis for HHBHF

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

$0.24
Price
$5.87
GF Value