HRVFF (Harvia) Cyclically Adjusted Revenue per Share: $9.58 (As of Mar. 2026)

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HRVFF Harvia PLC HRVFF
86 GF Score
Price $44.28
GF Value $53.36
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Harvia Cyclically Adjusted Revenue per Share?

Harvia HRVFF 86 Cyclically Adjusted Revenue per Share is $9.58 as of Mar. 2026. GuruFocus rates HRVFF with a GF Score™ of 86/100 and a GF Value™ of $53.36 (Modestly Undervalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is $9.58 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-07-17), Harvia's current stock 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 of today is 4.62.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Harvia was 4.96. The lowest was 4.03. And the median was 4.72.


Harvia  (OTCPK:HRVFF) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of 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.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Harvia was 4.96. The lowest was 4.03. And the median was 4.72.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Harvia Cyclically Adjusted Revenue per Share Related Terms


Harvia Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Harvia's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Harvia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
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 Revenue per Share 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 9.58

HRVFF vs AS, HAS, LTH: Cyclically Adjusted Revenue per Share 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
86GF Score
Harvia PLC HRVFF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harvia Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.

What does a Cyclically Adjusted Revenue per Share of $9.58 mean?
Harvia (HRVFF) has a Cyclically Adjusted Revenue per Share of $9.58 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Harvia and its competitors.
Is Harvia's Cyclically Adjusted Revenue per Share too high?
Harvia's current Cyclically Adjusted Revenue per Share is $9.58. Overall, Harvia has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harvia's Cyclically Adjusted Revenue per Share compare to AS and HAS?
Harvia's Cyclically Adjusted Revenue per Share of $9.58 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Harvia and its competitors. Harvia's current Cyclically Adjusted Revenue per Share is $9.58. 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 $53.36, compared to a current price of $44.28 — trading 17% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $9.58. Harvia's overall GF Score™ is 86/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Harvia (HRVFF), the current Cyclically Adjusted Revenue per Share is $9.58 as of Mar. 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% below its estimated GF Value™ of $53.36. GuruFocus considers Harvia to be Modestly Undervalued.

Key valuation signals for HRVFF:

  • Cyclically Adjusted Revenue per Share: $9.58
  • GF Value™: $53.36 vs. price of $44.28 (17% below fair value)
  • GF Score™: 86/100 with 1 warning sign

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.
86GF Score

Get the complete analysis for HRVFF

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

$44.28
Price
$53.36
GF Value