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H.E.R.C. Products (H.E.R.C. Products) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is H.E.R.C. Products Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


H.E.R.C. Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for H.E.R.C. Products'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.

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H.E.R.C. Products Cyclically Adjusted PS Ratio Chart

H.E.R.C. Products Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Cyclically Adjusted PS Ratio
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H.E.R.C. Products Quarterly Data
Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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Competitive Comparison of H.E.R.C. Products's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, H.E.R.C. Products'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.


H.E.R.C. Products's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.E.R.C. Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where H.E.R.C. Products's Cyclically Adjusted PS Ratio falls into.



H.E.R.C. Products 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.

H.E.R.C. Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2004 is calculated as:

For example, H.E.R.C. Products's adjusted Revenue per Share data for the three months ended in Jun. 2004 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2004 (Change)*Current CPI (Jun. 2004)
=0.12/80.0365*80.0365
=0.120

Current CPI (Jun. 2004) = 80.0365.

H.E.R.C. Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
199309 0.450 61.219 0.588
199312 0.540 61.515 0.703
199403 0.085 62.105 0.110
199406 0.054 62.443 0.069
199409 0.040 63.034 0.051
199412 0.092 63.160 0.117
199503 0.084 63.877 0.105
199506 0.115 64.341 0.143
199509 0.216 64.637 0.267
199512 0.066 64.763 0.082
199603 0.175 65.692 0.213
199606 0.175 66.113 0.212
199609 0.193 66.578 0.232
199612 -0.131 66.915 -0.157
199703 0.154 67.506 0.183
199706 0.093 67.632 0.110
199709 0.120 68.012 0.141
199712 0.088 68.054 0.103
199803 0.121 68.434 0.142
199806 0.120 68.771 0.140
199809 0.100 69.025 0.116
199812 0.010 69.151 0.012
200003 0.143 72.231 0.158
200006 0.080 72.737 0.088
200009 0.094 73.286 0.103
200012 0.047 73.413 0.051
200103 0.105 74.341 0.113
200106 0.114 75.100 0.121
200109 0.148 75.227 0.157
200112 0.139 74.552 0.149
200203 0.140 75.438 0.149
200206 0.124 75.902 0.131
200209 0.148 76.366 0.155
200212 0.128 76.324 0.134
200303 0.102 77.716 0.105
200306 0.098 77.505 0.101
200309 0.126 78.138 0.129
200312 0.153 77.758 0.157
200403 0.123 79.066 0.125
200406 0.120 80.037 0.120

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.


H.E.R.C. Products  (OTCPK:HERC) 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.


H.E.R.C. Products Cyclically Adjusted PS Ratio Related Terms

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H.E.R.C. Products (H.E.R.C. Products) Business Description

Traded in Other Exchanges
N/A
Address
1420 Columbus Avenue, Portsmouth, VA, USA, 23704
Executives
Robert W Affholder director
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704

H.E.R.C. Products (H.E.R.C. Products) Headlines