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Heavitree Brewery (LSE:HVT) Cyclically Adjusted PS Ratio : 1.58 (As of Jun. 05, 2024)


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What is Heavitree Brewery Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Heavitree Brewery's current share price is £2.65. Heavitree Brewery's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 was £1.68. Heavitree Brewery's Cyclically Adjusted PS Ratio for today is 1.58.

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

LSE:HVT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.5   Med: 2.36   Max: 3.44
Current: 1.58

During the past 13 years, Heavitree Brewery's highest Cyclically Adjusted PS Ratio was 3.44. The lowest was 1.50. And the median was 2.36.

LSE:HVT's Cyclically Adjusted PS Ratio is ranked worse than
74.49% of 247 companies
in the Restaurants industry
Industry Median: 0.78 vs LSE:HVT: 1.58

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.

Heavitree Brewery's adjusted revenue per share data of for the fiscal year that ended in Oct23 was £1.518. 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 £1.68 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heavitree Brewery Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Heavitree Brewery'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.

Heavitree Brewery Cyclically Adjusted PS Ratio Chart

Heavitree Brewery Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 2.79 1.90 1.77 1.70

Heavitree Brewery Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.90 - 1.77 - 1.70

Competitive Comparison of Heavitree Brewery's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Heavitree Brewery'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.


Heavitree Brewery's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Heavitree Brewery's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Heavitree Brewery 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.

Heavitree Brewery's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.65/1.68
=1.58

* 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.

Heavitree Brewery's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Heavitree Brewery's adjusted Revenue per Share data for the fiscal year that ended in Oct23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=1.518/130.2000*130.2000
=1.518

Current CPI (Oct23) = 130.2000.

Heavitree Brewery Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201410 1.457 100.100 1.895
201510 1.453 100.300 1.886
201610 1.466 101.600 1.879
201710 1.497 104.400 1.867
201810 1.565 106.700 1.910
201910 1.573 108.300 1.891
202010 1.045 109.200 1.246
202110 0.957 113.400 1.099
202210 1.506 124.300 1.577
202310 1.518 130.200 1.518

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.


Heavitree Brewery  (LSE:HVT) 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.


Heavitree Brewery Cyclically Adjusted PS Ratio Related Terms

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


Heavitree Brewery (LSE:HVT) Business Description

Traded in Other Exchanges
Address
Heavitree Brewery, Trood Lane, Matford, Exeter, GBR, EX2 8YP
Heavitree Brewery PLC is a UK-based company engaged in the business of leasing and operating public houses. Its geographical segments include the United Kingdom and the United States. The firm mainly involves running and developing tenanted and leased estate. The company owns over 60 pubs which include The Anchor Inn, The Ashcott Inn, The Atmospheric Railway, The Beach Hotel, The Bell Inn, The Brunswick Arms, and others. It also owns land in the United States through its subsidiary while the majority of its revenues are generated from the pubs that it owns in the United Kingdom.

Heavitree Brewery (LSE:HVT) Headlines

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