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Hydromer (Hydromer) Cyclically Adjusted PS Ratio : 0.26 (As of May. 26, 2024)


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What is Hydromer Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Hydromer's current share price is $0.35. Hydromer's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was $1.34. Hydromer's Cyclically Adjusted PS Ratio for today is 0.26.

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

HYDI's Cyclically Adjusted PS Ratio is not ranked *
in the Chemicals industry.
Industry Median: 1.23
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Hydromer's adjusted revenue per share data for the three months ended in Dec. 2022 was $0.178. 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 $1.34 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hydromer Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hydromer'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.

* Premium members only.

Hydromer Cyclically Adjusted PS Ratio Chart

Hydromer Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.94 1.17 0.60 0.23

Hydromer Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.38 0.26 0.23 0.20 0.21

Competitive Comparison of Hydromer's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Hydromer'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.


Hydromer's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Hydromer 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.35/1.34
=0.26

* 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.

Hydromer's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Hydromer's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.178/125.2218*125.2218
=0.178

Current CPI (Dec. 2022) = 125.2218.

Hydromer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.293 98.209 0.374
201306 0.374 98.518 0.475
201309 0.290 98.790 0.368
201312 0.285 98.326 0.363
201403 0.395 99.695 0.496
201406 0.290 100.560 0.361
201409 0.309 100.428 0.385
201412 0.267 99.070 0.337
201503 0.303 99.621 0.381
201506 0.343 100.684 0.427
201509 0.292 100.392 0.364
201512 0.288 99.792 0.361
201603 0.301 100.470 0.375
201606 0.323 101.688 0.398
201609 0.295 101.861 0.363
201612 0.294 101.863 0.361
201703 0.233 102.862 0.284
201706 0.319 103.349 0.387
201709 0.201 104.136 0.242
201712 0.239 104.011 0.288
201803 0.205 105.290 0.244
201806 0.214 106.317 0.252
201809 0.167 106.507 0.196
201812 0.308 105.998 0.364
201903 0.327 107.251 0.382
201906 0.287 108.070 0.333
201909 0.409 108.329 0.473
201912 0.572 108.420 0.661
202003 0.103 108.902 0.118
202006 0.621 108.767 0.715
202009 0.199 109.815 0.227
202012 0.372 109.897 0.424
202103 0.172 111.754 0.193
202106 0.226 114.631 0.247
202109 0.211 115.734 0.228
202112 0.156 117.630 0.166
202203 0.188 121.301 0.194
202206 0.236 125.017 0.236
202209 0.224 125.227 0.224
202212 0.178 125.222 0.178

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.


Hydromer  (OTCPK:HYDI) 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.


Hydromer Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Hydromer's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hydromer (Hydromer) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4715 Corporate Drive NW, Suite 200, Concord, NC, USA, 28027
Hydromer Inc is a polymer research and development company. The company is engaged in the business of inventing, developing, patenting, licensing, manufacturing and selling hydrophilic polymer-based products and services. Its segment includes Industrial and Medical. The company generates maximum revenue from services. Geographically, it derives a majority of revenue from the United States.
Executives
Martin C Dyck officer: Executive Vice President
George A Ziets director C/O HYDROMER, INC., 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
John S Konar officer: V.P. Quality Assurnce 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Michael F Ryan director 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Maxwell Borow director
Fredrick L Perl director
Meckeler Klaus J H director
Robert H Bea director
Dieter Heinemann director, 10 percent owner
Vrsula M Dyck director
Manfred F Dyck director, 10 percent owner, officer: President and CEO
Gaylord E Mckissick director