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Hexpol AB (OSTO:HPOL B) Cyclically Adjusted PS Ratio : 2.52 (As of Apr. 28, 2024)


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What is Hexpol AB Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Hexpol AB's current share price is kr127.30. Hexpol AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was kr50.56. Hexpol AB's Cyclically Adjusted PS Ratio for today is 2.52.

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

OSTO:HPOL B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.68   Max: 3.92
Current: 2.52

During the past years, Hexpol AB's highest Cyclically Adjusted PS Ratio was 3.92. The lowest was 1.62. And the median was 2.68.

OSTO:HPOL B's Cyclically Adjusted PS Ratio is ranked worse than
74.87% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs OSTO:HPOL B: 2.52

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.

Hexpol AB's adjusted revenue per share data for the three months ended in Dec. 2023 was kr14.133. 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 kr50.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexpol AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hexpol AB'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.

Hexpol AB Cyclically Adjusted PS Ratio Chart

Hexpol AB 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 2.98 2.63 3.27 2.44 2.41

Hexpol AB 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 2.44 2.75 2.36 1.96 2.41

Competitive Comparison of Hexpol AB's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Hexpol AB'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.


Hexpol AB's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hexpol AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hexpol AB 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.

Hexpol AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=127.30/50.56
=2.52

* 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.

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

For example, Hexpol AB'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)
=14.133/130.9575*130.9575
=14.133

Current CPI (Dec. 2023) = 130.9575.

Hexpol AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.191 99.788 8.125
201406 6.232 100.432 8.126
201409 6.717 100.161 8.782
201412 6.772 100.225 8.849
201503 8.573 99.950 11.233
201506 8.454 99.995 11.072
201509 8.053 100.228 10.522
201512 7.542 100.276 9.850
201603 8.010 100.751 10.411
201606 7.632 101.019 9.894
201609 7.966 101.138 10.315
201612 7.998 102.022 10.266
201703 9.117 102.022 11.703
201706 9.384 102.752 11.960
201709 8.530 103.279 10.816
201712 8.501 103.793 10.726
201803 9.614 103.962 12.110
201806 10.055 104.875 12.556
201809 10.003 105.679 12.396
201812 10.334 105.912 12.778
201903 11.055 105.886 13.673
201906 10.706 106.742 13.135
201909 12.330 107.214 15.061
201912 10.964 107.766 13.323
202003 12.109 106.563 14.881
202006 7.339 107.498 8.941
202009 9.669 107.635 11.764
202012 9.884 108.296 11.952
202103 11.069 108.360 13.377
202106 11.619 108.928 13.969
202109 11.927 110.338 14.156
202112 11.860 112.486 13.808
202203 15.019 114.825 17.129
202206 16.415 118.384 18.158
202209 17.190 122.296 18.407
202212 15.954 126.365 16.534
202303 17.391 127.042 17.927
202306 16.627 129.407 16.826
202309 15.855 130.224 15.944
202312 14.133 130.958 14.133

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.


Hexpol AB  (OSTO:HPOL B) 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.


Hexpol AB Cyclically Adjusted PS Ratio Related Terms

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


Hexpol AB (OSTO:HPOL B) Business Description

Industry
Traded in Other Exchanges
Address
Skeppsbron 3, Malmo, SWE, 211 20
Hexpol AB manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into two segments based on product type. The compounding segment, which generates the vast majority of revenue, sells synthetic rubber to the automotive, aerospace, footwear, and pharmaceutical industries. The company's synthetic rubber products are used in the production of tires, hoses, seals, footwear, and pharmaceuticals. The engineered products segment sells gaskets used in plate heat exchangers, forklift wheels, and castor wheels. The majority of revenue comes from North America.

Hexpol AB (OSTO:HPOL B) Headlines

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