HRVFF (Harvia) Cyclically Adjusted PS Ratio: 4.62 (As of Jul. 20, 2026) — Near Median

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HRVFF Harvia PLC HRVFF
87 GF Score
Price $44.28
GF Value $53.40
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Harvia Cyclically Adjusted PS Ratio?

Harvia HRVFF 87 Cyclically Adjusted PS Ratio is 4.62 as of Jul. 20, 2026, which is 2% below its 10-year median of 4.73. GuruFocus rates HRVFF with a GF Score™ of 87/100 and a GF Value™ of $53.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 672 Travel & Leisure companies, Harvia ranks worse than 86.01% on this metric.

As of today (2026-07-20), Harvia's current share price is $44.28. Harvia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $9.58. Harvia's Cyclically Adjusted PS Ratio for today is 4.62.

The historical rank and industry rank for Harvia's Cyclically Adjusted PS Ratio or its related term are showing as below:

HRVFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.03   Med: 4.73   Max: 4.97
Current: 4.97

During the past years, Harvia's highest Cyclically Adjusted PS Ratio was 4.97. The lowest was 4.03. And the median was 4.73.

HRVFF's Cyclically Adjusted PS Ratio is ranked worse than
86.01% of 672 companies
in the Travel & Leisure industry
Industry Median: 1.28 vs HRVFF: 4.97

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Harvia's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.609. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $9.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harvia  (OTCPK:HRVFF) 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.


Harvia Cyclically Adjusted PS Ratio Related Terms


Harvia Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Harvia'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.

Harvia Cyclically Adjusted PS Ratio Chart

Harvia 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 0.00 0.00 0.00 0.00 0.00

Harvia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.96

HRVFF vs AS, HAS, LTH: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, Harvia'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.


Harvia Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Harvia's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HRVFF
87GF Score
Harvia PLC HRVFF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harvia 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.

Harvia's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.28/9.58
=4.62

* 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.

Harvia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Harvia's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.609/124.6700*124.6700
=3.609

Current CPI (Mar. 2026) = 124.6700.

Harvia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 100.229 0.000
201512 0.000 99.990 0.000
201612 0.000 101.020 0.000
201703 1.829 100.910 2.260
201706 1.688 101.140 2.081
201709 1.620 101.320 1.993
201712 1.973 101.510 2.423
201803 1.899 101.730 2.327
201806 0.955 102.320 1.164
201809 0.871 102.600 1.058
201812 0.986 102.710 1.197
201903 1.163 102.870 1.409
201906 1.026 103.360 1.238
201909 1.003 103.540 1.208
201912 1.228 103.650 1.477
202003 1.199 103.490 1.444
202006 1.533 103.320 1.850
202009 1.745 103.710 2.098
202012 2.271 103.890 2.725
202103 2.503 104.870 2.976
202106 3.006 105.360 3.557
202109 2.884 106.290 3.383
202112 2.789 107.490 3.235
202203 2.986 110.950 3.355
202206 2.585 113.570 2.838
202209 1.971 114.920 2.138
202212 2.145 117.320 2.279
202303 2.352 119.750 2.449
202306 2.067 120.690 2.135
202309 1.933 121.280 1.987
202312 2.289 121.540 2.348
202403 2.449 122.360 2.495
202406 2.472 122.230 2.521
202409 2.283 122.260 2.328
202412 2.834 122.390 2.887
202503 2.992 123.010 3.032
202506 2.899 122.530 2.950
202509 2.872 122.880 2.914
202512 3.340 122.670 3.394
202603 3.609 124.670 3.609

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.

What does a Cyclically Adjusted PS Ratio of 4.62 mean?
Harvia (HRVFF) has a Cyclically Adjusted PS Ratio of 4.62 as of Jul. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Harvia and its competitors. This is near median its historical median of 4.73. Over the past decade, Harvia's Cyclically Adjusted PS Ratio has ranged from 4.03 to 4.97. According to the industry distribution chart, Harvia ranks #578 out of 672 companies in the Travel & Leisure industry, placing it in the top 86%.
Is Harvia's Cyclically Adjusted PS Ratio too high?
Harvia's current Cyclically Adjusted PS Ratio of 4.62 is near median its 10-year median of 4.73. Over the past 10 years, this metric has ranged from a low of 4.03 to a high of 4.97. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.28. Harvia's value of 4.62 is 260.9% above this industry median. Based on the distribution chart, Harvia ranks #578 out of 672 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Harvia has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harvia's Cyclically Adjusted PS Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Harvia ranks #578 out of 672 companies for Cyclically Adjusted PS Ratio. This places Harvia in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. Harvia's value of 4.62 is 260.9% above this benchmark. Historically, Harvia's own Cyclically Adjusted PS Ratio has ranged from 4.03 to 4.97 over the past decade. While the company's 10-year median is 4.73 vs. the industry median of 1.28, Harvia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.28, based on 672 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harvia's current Cyclically Adjusted PS Ratio of 4.62 is 260.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Harvia and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvia's current Cyclically Adjusted PS Ratio is 4.62, which is near median its own 10-year median of 4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvia stock overvalued right now?
Based on GuruFocus' analysis, Harvia (HRVFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $53.40, compared to a current price of $44.28 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.62, which is near median its 10-year median of 4.73 and 260.9% above the Travel & Leisure industry median of 1.28. Harvia's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Harvia (HRVFF), the current Cyclically Adjusted PS Ratio is 4.62 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Harvia (HRVFF) Overvalued in 2026?

Based on GuruFocus' analysis, Harvia stock appears to be undervalued. The current stock price of $44.28 is trading 17.1% below its estimated GF Value™ of $53.40. GuruFocus considers Harvia to be Modestly Undervalued.

Key valuation signals for HRVFF:

  • Cyclically Adjusted PS Ratio: 4.62 (near median its 10-year median of 4.73)
  • GF Value™: $53.40 vs. price of $44.28 (17.1% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 260.9% above the Travel & Leisure median (#578 of 672)

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


Harvia Business Description

Address Teollisuustie 1-7, P.O. Box 12, Muurame, FIN, 40950
Harvia PLC is a sauna and spa company. The company's brands and product range are well known in the market, and the company's comprehensive product range aims to meet the needs of the international sauna and spa market, both for professionals and consumers. The group's product range includes sauna heaters, sauna rooms, infrared and steam saunas, steam showers, spa components, control units, heater stones, sauna accessories, and sauna interior solutions such as sauna benches, audio speakers, and lighting solutions.
87GF Score

Get the complete analysis for HRVFF

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

$44.28
Price
$53.40
GF Value