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HiWave Technologies (LSE:HIW) Cyclically Adjusted PS Ratio : (As of Jun. 22, 2024)


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What is HiWave Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HiWave Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HiWave Technologies'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.

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HiWave Technologies Cyclically Adjusted PS Ratio Chart

HiWave Technologies Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Sep11 Sep12
Cyclically Adjusted PS Ratio
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HiWave Technologies Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Mar12 Sep12
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Competitive Comparison of HiWave Technologies's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, HiWave Technologies'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.


HiWave Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, HiWave Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



HiWave Technologies 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.

HiWave Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep12 is calculated as:

For example, HiWave Technologies's adjusted Revenue per Share data for the fiscal year that ended in Sep12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep12 (Change)*Current CPI (Sep12)
=0.003/96.4000*96.4000
=0.003

Current CPI (Sep12) = 96.4000.

HiWave Technologies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200306 0.108 76.700 0.136
200406 0.072 77.900 0.089
200506 0.032 79.400 0.039
200606 0.034 81.500 0.040
200706 0.021 83.500 0.024
200806 0.017 86.600 0.019
200906 0.022 88.100 0.024
201006 0.012 90.200 0.013
201109 0.005 94.500 0.005
201209 0.003 96.400 0.003

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.


HiWave Technologies  (LSE:HIW) 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.


HiWave Technologies Cyclically Adjusted PS Ratio Related Terms

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HiWave Technologies (LSE:HIW) Business Description

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HiWave Technologies (LSE:HIW) Headlines

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