HHS (Harte-Hanks) Cyclically Adjusted PB Ratio: (As of Aug. 28, 2026)

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Director of Data and Quant Analytics at GuruFocus
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HHS Harte-Hanks Inc HHS
53 GF Score
Price $4.37
GF Value $4.15
Valuation Fairly Valued
! 5 Warning Signs
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What is Harte-Hanks Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harte-Hanks  (NAS:HHS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Harte-Hanks Cyclically Adjusted PB Ratio Related Terms


Harte-Hanks Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Harte-Hanks's Cyclically Adjusted PB 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.

Harte-Hanks Cyclically Adjusted PB Ratio Chart

Harte-Hanks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.67 0.60 1.13 0.00

Harte-Hanks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 3.05 5.99 0.00 0.00 0.00

HHS vs PLAG, LGPS, PTEEF: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Harte-Hanks's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Harte-Hanks Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Harte-Hanks's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Harte-Hanks's Cyclically Adjusted PB Ratio falls into.


HHS
53GF Score
Harte-Hanks Inc HHS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harte-Hanks Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Harte-Hanks's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Harte-Hanks's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.059/333.9520*333.9520
=2.059

Current CPI (Jun. 2026) = 333.9520.

Harte-Hanks Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.896 241.428 27.521
201612 0.431 241.432 0.596
201703 -0.619 243.801 -0.848
201706 -0.812 244.955 -1.107
201709 -1.030 246.819 -1.394
201712 -5.577 246.524 -7.555
201803 -0.102 249.554 -0.136
201806 -1.165 251.989 -1.544
201809 -2.951 252.439 -3.904
201812 -3.065 251.233 -4.074
201903 -5.104 254.202 -6.705
201906 -5.519 256.143 -7.196
201909 -6.417 256.759 -8.346
201912 -7.882 256.974 -10.243
202003 -6.875 258.115 -8.895
202006 -7.619 257.797 -9.870
202009 -7.476 260.280 -9.592
202012 -8.050 260.474 -10.321
202103 -8.163 264.877 -10.292
202106 -6.274 271.696 -7.712
202109 -5.503 274.310 -6.699
202112 -3.543 278.802 -4.244
202203 -2.937 287.504 -3.411
202206 -2.518 296.311 -2.838
202209 -1.772 296.808 -1.994
202212 2.541 296.797 2.859
202303 2.801 301.836 3.099
202306 2.854 305.109 3.124
202309 2.841 307.789 3.082
202312 2.748 306.746 2.992
202403 2.757 312.332 2.948
202406 2.831 314.175 3.009
202409 2.863 315.301 3.032
202412 2.948 315.605 3.119
202503 2.909 319.799 3.038
202506 3.003 322.561 3.109
202509 2.681 324.800 2.757
202512 2.768 324.054 2.853
202603 2.710 330.213 2.741
202606 2.059 333.952 2.059

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

Is Harte-Hanks (HHS) Overvalued in 2026?

Based on GuruFocus' analysis, Harte-Hanks stock appears to be overvalued. The current stock price of $4.37 is trading 5.3% above its estimated GF Value™ of $4.15. GuruFocus considers Harte-Hanks to be Fairly Valued.

Key valuation signals for HHS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $4.15 vs. price of $4.37 (5.3% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the HHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harte-Hanks Business Description

Other Exchanges HHK1:Germany
Address 1 Executive Drive, Chelmsford, MA, USA, 01824
Harte-Hanks Inc is a customer experience company. The company operates three business segments: Revenue Solutions; Customer Care; and Fulfillment & Logistics Services. It derives maximum revenue from Fulfillment & Logistics Services segment. The Fulfillment & Logistics Services segment includes printing, lettershop, advanced mail optimization (including commingling services), logistics and transportation optimization, monitoring and tracking, to support traditional and specialized mailings. The company has a geographic presence in the United States and Other countries. The majority of the revenue is earned from the United States.
53GF Score

Get the complete analysis for HHS

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.37
Price
$4.15
GF Value