Hapvida Participacoes Investimento (BSP:HAPV3) Cyclically Adjusted PS Ratio : 1.70 (As of Apr. 28, 2024)

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What is Hapvida Participacoes Investimento Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Hapvida Participacoes Investimento's current share price is R$3.78. Hapvida Participacoes Investimento's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was R$2.23. Hapvida Participacoes Investimento's Cyclically Adjusted PS Ratio for today is 1.70.

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

BSP:HAPV3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56 Med: 1.72 Max: 2.03
Current: 1.69

During the past 10 years, Hapvida Participacoes Investimento's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 1.56. And the median was 1.72.

BSP:HAPV3's Cyclically Adjusted PS Ratio is ranked worse than
73.27% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs BSP:HAPV3: 1.69

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.

Hapvida Participacoes Investimento's adjusted revenue per share data of for the fiscal year that ended in Dec23 was R$3.648. 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 R$2.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Hapvida Participacoes Investimento Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hapvida Participacoes Investimento'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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Hapvida Participacoes Investimento Cyclically Adjusted PS Ratio Chart

Hapvida Participacoes Investimento Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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1.99

Hapvida Participacoes Investimento 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															-	-	-	-	1.99

Competitive Comparison of Hapvida Participacoes Investimento's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Hapvida Participacoes Investimento'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.

Hapvida Participacoes Investimento's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hapvida Participacoes Investimento's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hapvida Participacoes Investimento's Cyclically Adjusted PS Ratio falls into.

Hapvida Participacoes Investimento 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.

Hapvida Participacoes Investimento's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	3.78	/	2.23
	=	1.70

Hapvida Participacoes Investimento's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Hapvida Participacoes Investimento's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Dec23 (Change)	*	Current CPI (Dec23)
	=	3.648	/	156.2729	*	156.2729
	=	3.648

Current CPI (Dec23) = 156.2729.

Hapvida Participacoes Investimento Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	0.000	94.194	0.000
201512	0.517	104.247	0.775
201612	0.638	110.802	0.900
201712	1.374	114.068	1.882
201812	1.362	118.340	1.799
201912	1.458	123.436	1.846
202012	2.303	129.012	2.790
202112	2.571	141.992	2.830
202212	3.473	150.207	3.613
202312	3.648	156.273	3.648

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.

Hapvida Participacoes Investimento (BSP:HAPV3) 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.

Hapvida Participacoes Investimento Cyclically Adjusted PS Ratio Related Terms

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

Hapvida Participacoes Investimento (BSP:HAPV3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hapvida Participacoes Investimento SA (BSP:HAPV3) » Definitions » Cyclically Adjusted PS Ratio

Traded in Other Exchanges

N/A

Address

No. 406, Avenue Heraclito Graca, Fortaleza, CE, BRA, 60140-061

Website

https://ri.hapvida.com.br

Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The Company and its subsidiaries are mainly engaged in: (i) the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and (ii) the sale of dental insurance plans for services provided by an accredited network.

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