HNHAY (Hon Hai Precision Industry Co) Cyclically Adjusted PS Ratio: (As of Jul. 17, 2026)

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What is Hon Hai Precision Industry Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hon Hai Precision Industry Co  (OTCPK:HNHAY) 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.


Hon Hai Precision Industry Co Cyclically Adjusted PS Ratio Related Terms


Hon Hai Precision Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hon Hai Precision Industry 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.

Hon Hai Precision Industry Co Cyclically Adjusted PS Ratio Chart

Hon Hai Precision Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.24 0.24 0.40 0.48

Hon Hai Precision Industry Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.40 0.31 0.34 0.45 0.48

HNHAY vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Hon Hai Precision Industry 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.


Hon Hai Precision Industry Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hon Hai Precision Industry Co's Cyclically Adjusted PS Ratio falls into.



Hon Hai Precision Industry 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.

Hon Hai Precision Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Hon Hai Precision Industry Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=11.786/324.0540*324.0540
=11.786

Current CPI (Dec. 2025) = 324.0540.

Hon Hai Precision Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 4.236 238.132 5.764
201606 4.117 241.018 5.535
201609 4.910 241.428 6.590
201612 6.227 241.432 8.358
201703 4.554 243.801 6.053
201706 4.348 244.955 5.752
201709 5.151 246.819 6.763
201712 8.335 246.524 10.956
201803 4.013 249.554 5.211
201806 4.103 251.989 5.276
201809 5.616 252.439 7.209
201812 8.279 251.233 10.679
201903 4.857 254.202 6.192
201906 5.303 256.143 6.709
201909 6.379 256.759 8.051
201912 8.179 256.974 10.314
202003 4.384 258.115 5.504
202006 5.455 257.797 6.857
202009 6.337 260.280 7.890
202012 10.113 260.474 12.582
202103 6.823 264.877 8.347
202106 6.959 271.696 8.300
202109 7.212 274.310 8.520
202112 9.827 278.802 11.422
202203 6.995 287.504 7.884
202206 7.230 296.311 7.907
202209 7.924 296.808 8.651
202212 9.234 296.797 10.082
202303 6.812 301.836 7.313
202306 6.024 305.109 6.398
202309 6.856 307.789 7.218
202312 8.352 306.746 8.823
202403 5.944 312.332 6.167
202406 6.833 314.175 7.048
202409 8.283 315.301 8.513
202412 9.091 315.605 9.334
202503 7.056 319.799 7.150
202506 8.626 322.561 8.666
202509 9.592 324.800 9.570
202512 11.786 324.054 11.786

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.


Hon Hai Precision Industry Co Business Description

Address 236 No. 2, Ziyou Street, Tucheng District, New Taipei, TWN, 236
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for around 50% of overall revenue in 2025. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones, as well as producing servers. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.