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HLE Glascoat (NSE:HLEGLAS) Cyclically Adjusted PS Ratio : 3.96 (As of Jun. 05, 2025)


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What is HLE Glascoat Cyclically Adjusted PS Ratio?

As of today (2025-06-05), HLE Glascoat's current share price is ₹413.15. HLE Glascoat's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₹104.37. HLE Glascoat's Cyclically Adjusted PS Ratio for today is 3.96.

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

NSE:HLEGLAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.21   Med: 7.16   Max: 23.73
Current: 4.09

During the past years, HLE Glascoat's highest Cyclically Adjusted PS Ratio was 23.73. The lowest was 2.21. And the median was 7.16.

NSE:HLEGLAS's Cyclically Adjusted PS Ratio is ranked worse than
77.5% of 2044 companies
in the Industrial Products industry
Industry Median: 1.735 vs NSE:HLEGLAS: 4.09

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.

HLE Glascoat's adjusted revenue per share data for the three months ended in Mar. 2025 was ₹48.884. 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 ₹104.37 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


HLE Glascoat Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HLE Glascoat'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.

HLE Glascoat Cyclically Adjusted PS Ratio Chart

HLE Glascoat Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.69 16.46 6.43 4.49 2.40

HLE Glascoat Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.49 5.13 4.09 3.65 2.40

Competitive Comparison of HLE Glascoat's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, HLE Glascoat'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.


HLE Glascoat's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HLE Glascoat's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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HLE Glascoat 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.

HLE Glascoat's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=413.15/104.37
=3.96

* 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.

HLE Glascoat's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, HLE Glascoat's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=48.884/157.5517*157.5517
=48.884

Current CPI (Mar. 2025) = 157.5517.

HLE Glascoat Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 10.405 99.841 16.419
201509 8.014 101.753 12.409
201512 9.474 102.901 14.506
201603 9.123 102.518 14.020
201606 6.798 105.961 10.108
201609 7.889 105.961 11.730
201612 8.923 105.196 13.364
201703 8.976 105.196 13.443
201706 6.768 107.109 9.955
201709 5.985 109.021 8.649
201712 7.265 109.404 10.462
201803 9.703 109.786 13.925
201806 8.656 111.317 12.251
201809 8.432 115.142 11.538
201812 23.830 115.142 32.607
201903 38.771 118.202 51.678
201906 28.114 120.880 36.643
201909 36.046 123.175 46.106
201912 16.898 126.235 21.090
202003 16.771 124.705 21.188
202006 13.692 127.000 16.986
202009 19.335 130.118 23.412
202012 20.766 130.889 24.996
202103 20.366 131.771 24.351
202106 18.642 134.084 21.905
202109 18.427 135.847 21.371
202112 22.793 138.161 25.992
202203 35.352 138.822 40.122
202206 29.946 142.347 33.145
202209 31.459 144.661 34.262
202212 31.414 145.763 33.955
202303 42.730 146.865 45.839
202306 28.867 150.280 30.264
202309 35.564 151.492 36.987
202312 35.044 152.924 36.104
202403 44.947 153.035 46.274
202406 33.263 155.789 33.639
202409 39.206 157.882 39.124
202412 41.070 158.323 40.870
202503 48.884 157.552 48.884

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.


HLE Glascoat  (NSE:HLEGLAS) 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.


HLE Glascoat Cyclically Adjusted PS Ratio Related Terms

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


HLE Glascoat Business Description

Traded in Other Exchanges
Address
Vitthal Udyognagar, H - 106, G.I.D.C. Estate, Phase - IV, Anand, GJ, IND, 388 121
HLE Glascoat Ltd is an Indian company engaged in the operating segments of Filtration, Drying and Other Equipment, Glass Lined Equipment, Heat Transfer Equipment. It offers products like Reactors, Receivers/storage tanks, Dryers, Filters, Columns, Agitators, Valves, Pipes and Fittings, among others. The company generates maximum revenue from Glass Lined Equipment segments. Geographically the group derives revenue from India and Outside India, of which key income is earned within India.

HLE Glascoat Headlines

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