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Statistical function
HARMEAN
Returns the harmonic mean.
Rarely usedDifficulty 1300 · ProficientUsage rank #304 of 520
When to use it
The harmonic mean: n divided by the sum of reciprocals. The correct average for rates measured per unit, like speeds over equal distances or price-to-earnings ratios.
The shape of it
- Syntax
=HARMEAN(number1, [number2], ...)
Worked examples
Two numbers
=HARMEAN(2,8) → 3.2
Two divided by (1/2 + 1/8).
Average speed
=HARMEAN(60,40) → 48
Average speed for a trip out at 60 and back at 40 over the same distance; not 50.
Average ratio
=HARMEAN(A2:A6) → 14.2
Average P/E ratio of five holdings with equal weights.
Worth knowing
- Always the smallest of the three means: harmonic ≤ geometric ≤ arithmetic.
- Use when the quantity in the denominator is what is being held equal.
- Weighted harmonic mean needs SUMPRODUCT: SUM(w)/SUMPRODUCT(w,1/x).
Where it goes wrong
- #NUM! for zero or negative values.
- Blanks and text are ignored.
Related
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