HMGN (Hemagen Diagnostics) Cyclically Adjusted PS Ratio: (As of Sep. 01, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

What is Hemagen Diagnostics Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hemagen Diagnostics  (OTCPK:HMGN) 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.


Hemagen Diagnostics Cyclically Adjusted PS Ratio Related Terms


Hemagen Diagnostics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hemagen Diagnostics'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.

Hemagen Diagnostics Cyclically Adjusted PS Ratio Chart

Hemagen Diagnostics Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
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

Hemagen Diagnostics Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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

HMGN vs OBMP, NSPX, ATRX: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Hemagen Diagnostics'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.


Hemagen Diagnostics Cyclically Adjusted PS Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Hemagen Diagnostics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hemagen Diagnostics 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.

Hemagen Diagnostics's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2012 is calculated as:

For example, Hemagen Diagnostics's adjusted Revenue per Share data for the three months ended in Sep. 2012 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2012 (Change)*Current CPI (Sep. 2012)
=0.057/231.4070*231.4070
=0.057

Current CPI (Sep. 2012) = 231.4070.

Hemagen Diagnostics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200212 0.196 180.900 0.251
200303 0.203 184.200 0.255
200306 0.215 183.700 0.271
200309 0.225 185.200 0.281
200312 0.163 184.300 0.205
200403 0.198 187.400 0.244
200406 0.211 189.700 0.257
200409 0.167 189.900 0.204
200412 0.117 190.300 0.142
200503 0.131 193.300 0.157
200506 0.118 194.500 0.140
200509 0.134 198.800 0.156
200512 0.129 196.800 0.152
200603 0.124 199.800 0.144
200606 0.109 202.900 0.124
200609 -0.049 202.900 -0.056
200612 0.066 201.800 0.076
200703 0.111 205.352 0.125
200706 0.116 208.352 0.129
200709 -0.024 208.490 -0.027
200712 0.101 210.036 0.111
200803 0.118 213.528 0.128
200806 0.089 218.815 0.094
200809 0.111 218.783 0.117
200812 0.091 210.228 0.100
200903 0.085 212.709 0.092
200906 0.091 215.693 0.098
200909 0.088 215.969 0.094
200912 0.075 215.949 0.080
201003 0.092 217.631 0.098
201006 0.085 217.965 0.090
201009 0.086 218.439 0.091
201012 0.089 219.179 0.094
201103 0.079 223.467 0.082
201106 0.091 225.722 0.093
201109 0.074 226.889 0.075
201112 0.071 225.672 0.073
201203 0.072 229.392 0.073
201206 0.061 229.478 0.062
201209 0.057 231.407 0.057

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.


Hemagen Diagnostics Business Description

Address 9033 Red Branch Road, Columbia, MD, USA, 21045
Hemagen Diagnostics Inc is a biotechnology company. It develops, manufactures and markets Food and Drug Administration cleared proprietary medical diagnostic test kits and components. The company's Virgo line of Immunoassays are used to aid in the diagnosis of autoimmune and infectious diseases and acute-phase proteins. The assays utilize multiple technologies including ELISA, immunofluorescence (IFA) and hemagglutination (HA). Its products include ANA Screen ELISA 96 Test System, Rubella IgG ELISA 96 Test System, AMA IFA 48 Test System and others.