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Haverty Furniture (Haverty Furniture) Cyclically Adjusted PS Ratio : 0.64 (As of Apr. 27, 2024)


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What is Haverty Furniture Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Haverty Furniture's current share price is $32.45. Haverty Furniture's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $50.55. Haverty Furniture's Cyclically Adjusted PS Ratio for today is 0.64.

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

HVT.A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.65   Max: 1.3
Current: 0.63

During the past years, Haverty Furniture's highest Cyclically Adjusted PS Ratio was 1.30. The lowest was 0.27. And the median was 0.65.

HVT.A's Cyclically Adjusted PS Ratio is ranked worse than
57.71% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs HVT.A: 0.63

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.

Haverty Furniture's adjusted revenue per share data for the three months ended in Dec. 2023 was $12.598. 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 $50.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haverty Furniture Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Haverty Furniture'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.

Haverty Furniture Cyclically Adjusted PS Ratio Chart

Haverty Furniture Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.73 0.71 0.62 0.70

Haverty Furniture Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.62 0.65 0.61 0.57 0.70

Competitive Comparison of Haverty Furniture's Cyclically Adjusted PS Ratio

For the Home Improvement Retail subindustry, Haverty Furniture'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.


Haverty Furniture's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Haverty Furniture's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Haverty Furniture 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.

Haverty Furniture's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.45/50.55
=0.64

* 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.

Haverty Furniture's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Haverty Furniture's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.598/129.4194*129.4194
=12.598

Current CPI (Dec. 2023) = 129.4194.

Haverty Furniture Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.926 99.695 10.289
201406 7.634 100.560 9.825
201409 8.655 100.428 11.154
201412 9.280 99.070 12.123
201503 8.327 99.621 10.818
201506 8.178 100.684 10.512
201509 9.211 100.392 11.874
201512 9.607 99.792 12.459
201603 8.646 100.470 11.137
201606 8.858 101.688 11.274
201609 9.875 101.861 12.547
201612 10.274 101.863 13.053
201703 9.305 102.862 11.707
201706 9.114 103.349 11.413
201709 9.609 104.136 11.942
201712 9.929 104.011 12.355
201803 9.231 105.290 11.347
201806 9.292 106.317 11.311
201809 9.917 106.507 12.050
201812 9.972 105.998 12.175
201903 8.956 107.251 10.807
201906 9.341 108.070 11.186
201909 10.522 108.329 12.570
201912 8.785 108.420 10.487
202003 9.313 108.902 11.068
202006 5.792 108.767 6.892
202009 10.668 109.815 12.572
202012 17.209 109.897 20.266
202103 12.626 111.754 14.622
202106 13.268 114.631 14.980
202109 14.027 115.734 15.686
202112 14.745 117.630 16.223
202203 13.644 121.301 14.557
202206 14.815 125.017 15.337
202209 16.323 125.227 16.870
202212 16.762 125.222 17.324
202303 13.391 127.348 13.609
202306 12.319 128.729 12.385
202309 13.088 129.860 13.044
202312 12.598 129.419 12.598

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.


Haverty Furniture  (NYSE:HVT.A) 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.


Haverty Furniture Cyclically Adjusted PS Ratio Related Terms

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


Haverty Furniture (Haverty Furniture) Business Description

Traded in Other Exchanges
Address
780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.

Haverty Furniture (Haverty Furniture) Headlines