Space Hellas R (ATH:SPACE) Cyclically Adjusted PS Ratio: 0.42 (As of Jul. 05, 2026) — 26% Below Median


ATH:SPACE Space Hellas R ATH:SPACE
85 GF Score
Price €7.32
GF Value €8.04
Valuation Fairly Valued
! 7 Warning Signs
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What is Space Hellas R Cyclically Adjusted PS Ratio?

Space Hellas R ATH:SPACE +1.39% 85 Cyclically Adjusted PS Ratio is 0.42 as of Jul. 05, 2026, which is 26% below its 10-year median of 0.57. GuruFocus rates ATH:SPACE with a GF Score™ of 85/100 and a GF Value™ of €8.04 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,583 Software companies, Space Hellas R ranks better than 82.56% on this metric.

As of today (2026-07-05), Space Hellas R's current share price is €7.32. Space Hellas R's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €17.31. Space Hellas R's Cyclically Adjusted PS Ratio for today is 0.42.

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

ATH:SPACE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.57   Max: 1.18
Current: 0.42

During the past 13 years, Space Hellas R's highest Cyclically Adjusted PS Ratio was 1.18. The lowest was 0.09. And the median was 0.57.

ATH:SPACE's Cyclically Adjusted PS Ratio is ranked better than
82.56% of 1583 companies
in the Software industry
Industry Median: 1.64 vs ATH:SPACE: 0.42

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.

Space Hellas R's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €23.674. 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 €17.31 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Space Hellas R  (ATH:SPACE) 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.


Space Hellas R Cyclically Adjusted PS Ratio Related Terms


Space Hellas R Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Space Hellas R'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.

Space Hellas R Cyclically Adjusted PS Ratio Chart

Space Hellas R Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.46 0.54 0.38 0.46

Space Hellas R Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.54 0.00 0.38 0.00 0.46

ATH:SPACE vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Space Hellas R'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.


Space Hellas R Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Space Hellas R's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Space Hellas R's Cyclically Adjusted PS Ratio falls into.


ATH:SPACE
85GF Score
Space Hellas R ATH:SPACE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Hellas R 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.

Space Hellas R's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.32/17.31
=0.42

* 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.

Space Hellas R's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Space Hellas R's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=23.674/122.4500*122.4500
=23.674

Current CPI (Dec25) = 122.4500.

Space Hellas R Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 7.460 100.110 9.125
201712 9.239 100.762 11.228
201812 10.239 101.330 12.373
201912 11.189 102.120 13.416
202012 12.503 99.751 15.348
202112 16.122 104.853 18.828
202212 18.687 112.428 20.353
202312 22.933 116.364 24.132
202412 24.031 119.360 24.653
202512 23.674 122.450 23.674

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.

What does a Cyclically Adjusted PS Ratio of 0.42 mean?
Space Hellas R (ATH:SPACE) has a Cyclically Adjusted PS Ratio of 0.42 as of Jul. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Space Hellas R and its competitors. This is 26% below median its historical median of 0.57. Over the past decade, Space Hellas R's Cyclically Adjusted PS Ratio has ranged from 0.09 to 1.18. According to the industry distribution chart, Space Hellas R ranks #276 out of 1583 companies in the Software industry, placing it in the top 17.4%.
Is Space Hellas R's Cyclically Adjusted PS Ratio too high?
Space Hellas R's current Cyclically Adjusted PS Ratio of 0.42 is 26% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.18. The Software industry median Cyclically Adjusted PS Ratio is 1.64. Space Hellas R's value of 0.42 is 74.4% below this industry median. Based on the distribution chart, Space Hellas R ranks #276 out of 1583 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Space Hellas R has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Space Hellas R's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Space Hellas R ranks #276 out of 1583 companies for Cyclically Adjusted PS Ratio. This places Space Hellas R in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.64. Space Hellas R's value of 0.42 is 74.4% below this benchmark. Historically, Space Hellas R's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 1.18 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.64, Space Hellas R has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.64, based on 1,583 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Space Hellas R's current Cyclically Adjusted PS Ratio of 0.42 is 74.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Space Hellas R and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Hellas R's current Cyclically Adjusted PS Ratio is 0.42, which is 26% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Hellas R stock overvalued right now?
Based on GuruFocus' analysis, Space Hellas R (ATH:SPACE) is currently considered Fairly Valued. The stock's GF Value™ is €8.04, compared to a current price of €7.32 — trading 9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is 26% below median its 10-year median of 0.57 and 74.4% below the Software industry median of 1.64. Space Hellas R's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Space Hellas R (ATH:SPACE), the current Cyclically Adjusted PS Ratio is 0.42 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Space Hellas R (ATH:SPACE) Overvalued in 2026?

Based on GuruFocus' analysis, Space Hellas R stock appears to be undervalued. The current stock price of €7.32 is trading 9% below its estimated GF Value™ of €8.04. GuruFocus considers Space Hellas R to be Fairly Valued.

Key valuation signals for ATH:SPACE:

  • Cyclically Adjusted PS Ratio: 0.42 (26% below median its 10-year median of 0.57)
  • GF Value™: €8.04 vs. price of €7.32 (9% below fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 74.4% below the Software median (#276 of 1583)

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


Space Hellas R Business Description

Address 312, Messogion Avenue, Agia Paraskevi, Athens, GRC, 153 41
Space Hellas R is principally engaged in the business of Telecommunications, IT, Security Systems & Services. The company has three main segments are namely Telecommunications, IT, Security Systems & Services. The company is based in Greece. Approximately 70% revenues derived from Telecommunications and IT sectors. Geographically it operates through the region of Greece. Approximately 70% revenues derived from Telecommunications and IT.
85GF Score

Get the complete analysis for ATH:SPACE

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

€7.32
Price
€8.04
GF Value