HORNBACH Holding AG and Co KGaA (CHIX:HBHD) Cyclically Adjusted PS Ratio: 0.19 (As of Jul. 17, 2026) — 17% Below Median

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CHIX:HBHD HORNBACH Holding AG and Co KGaA CHIX:HBHD
65 GF Score
Price €76.30
GF Value €84.67
Valuation Modestly Undervalued
! 3 Warning Signs
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What is HORNBACH Holding AG and Co KGaA Cyclically Adjusted PS Ratio?

HORNBACH Holding AG and Co KGaA CHIX:HBHD 65 Cyclically Adjusted PS Ratio is 0.19 as of Jul. 17, 2026, which is 17% below its 10-year median of 0.23. GuruFocus rates CHIX:HBHD with a GF Score™ of 65/100 and a GF Value™ of €84.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 794 Retail - Cyclical companies, HORNBACH Holding AG and Co KGaA ranks better than 79.22% on this metric.

As of today (2026-07-17), HORNBACH Holding AG and Co KGaA's current share price is €76.30. HORNBACH Holding AG and Co KGaA's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €400.96. HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PS Ratio for today is 0.19.

The historical rank and industry rank for HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:HBHd' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.23   Max: 0.49
Current: 0.2

During the past years, HORNBACH Holding AG and Co KGaA's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.14. And the median was 0.23.

CHIX:HBHd's Cyclically Adjusted PS Ratio is ranked better than
79.22% of 794 companies
in the Retail - Cyclical industry
Industry Median: 0.495 vs CHIX:HBHd: 0.20

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.

HORNBACH Holding AG and Co KGaA's adjusted revenue per share data for the three months ended in May. 2026 was €125.197. 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 €400.96 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HORNBACH Holding AG and Co KGaA  (CHIX:HBHd) 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.


HORNBACH Holding AG and Co KGaA Cyclically Adjusted PS Ratio Related Terms


HORNBACH Holding AG and Co KGaA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HORNBACH Holding AG and Co KGaA'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.

HORNBACH Holding AG and Co KGaA Cyclically Adjusted PS Ratio Chart

HORNBACH Holding AG and Co KGaA Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.24 0.20 0.22 0.22

HORNBACH Holding AG and Co KGaA Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.24 0.28 0.23 0.22 0.21

CHIX:HBHD vs HD, LOW, FND: Cyclically Adjusted PS Ratio Comparison

For the Home Improvement Retail subindustry, HORNBACH Holding AG and Co KGaA'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.


HORNBACH Holding AG and Co KGaA Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PS Ratio falls into.


CHIX:HBHD
65GF Score
HORNBACH Holding AG and Co KGaA CHIX:HBHD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HORNBACH Holding AG and Co KGaA 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.

HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.30/400.96
=0.19

* 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.

HORNBACH Holding AG and Co KGaA's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, HORNBACH Holding AG and Co KGaA's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=125.197/131.7855*131.7855
=125.197

Current CPI (May. 2026) = 131.7855.

HORNBACH Holding AG and Co KGaA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 66.906 101.017 87.285
201611 60.795 100.517 79.707
201702 49.152 101.217 63.996
201705 74.836 101.817 96.863
201708 69.675 102.617 89.480
201711 63.472 102.117 81.913
201802 51.546 102.317 66.392
201805 76.778 103.917 97.368
201808 72.706 104.517 91.675
201811 67.925 104.217 85.893
201902 55.497 103.817 70.448
201905 83.650 105.418 104.573
201908 79.219 106.018 98.473
201911 71.213 105.318 89.110
202002 61.468 105.618 76.697
202005 98.624 106.018 122.595
202008 97.194 106.018 120.817
202011 85.538 105.018 107.341
202102 59.471 107.018 73.235
202105 104.862 108.170 127.756
202108 100.894 109.118 121.853
202111 87.769 110.173 104.987
202202 73.901 111.754 87.147
202205 113.267 115.760 128.947
202208 103.119 116.709 116.440
202211 97.215 119.872 106.877
202302 78.531 121.454 85.212
202305 111.010 122.824 119.109
202308 104.433 123.878 111.099
202311 93.356 123.668 99.484
202402 77.255 124.511 81.769
202405 113.047 125.776 118.448
202408 102.750 126.198 107.299
202411 94.965 126.409 99.004
202502 77.977 127.358 80.688
202505 119.459 128.412 122.597
202508 105.850 128.939 108.187
202511 96.543 129.361 98.353
202602 80.814 129.782 82.061
202605 125.197 131.786 125.197

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 0.19 mean?
HORNBACH Holding AG and Co KGaA (CHIX:HBHD) has a Cyclically Adjusted PS Ratio of 0.19 as of Jul. 17, 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 HORNBACH Holding AG and Co KGaA and its competitors. This is 17% below median its historical median of 0.23. Over the past decade, HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.49. According to the industry distribution chart, HORNBACH Holding AG and Co KGaA ranks #165 out of 794 companies in the Retail - Cyclical industry, placing it in the top 20.8%.
Is HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PS Ratio too high?
HORNBACH Holding AG and Co KGaA's current Cyclically Adjusted PS Ratio of 0.19 is 17% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.49. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. HORNBACH Holding AG and Co KGaA's value of 0.19 is 61.6% below this industry median. Based on the distribution chart, HORNBACH Holding AG and Co KGaA ranks #165 out of 794 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, HORNBACH Holding AG and Co KGaA has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HORNBACH Holding AG and Co KGaA's Cyclically Adjusted PS Ratio compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, HORNBACH Holding AG and Co KGaA ranks #165 out of 794 companies for Cyclically Adjusted PS Ratio. This places HORNBACH Holding AG and Co KGaA in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.50. HORNBACH Holding AG and Co KGaA's value of 0.19 is 61.6% below this benchmark. Historically, HORNBACH Holding AG and Co KGaA's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.49 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.50, HORNBACH Holding AG and Co KGaA 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 794 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. HORNBACH Holding AG and Co KGaA's current Cyclically Adjusted PS Ratio of 0.19 is 61.6% 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 HORNBACH Holding AG and Co KGaA and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HORNBACH Holding AG and Co KGaA's current Cyclically Adjusted PS Ratio is 0.19, which is 17% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HORNBACH Holding AG and Co KGaA stock overvalued right now?
Based on GuruFocus' analysis, HORNBACH Holding AG and Co KGaA (CHIX:HBHD) is currently considered Modestly Undervalued. The stock's GF Value™ is €84.67, compared to a current price of €76.30 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.19, which is 17% below median its 10-year median of 0.23 and 61.6% below the Retail - Cyclical industry median of 0.50. HORNBACH Holding AG and Co KGaA's overall GF Score™ is 65/100 with 3 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 HORNBACH Holding AG and Co KGaA (CHIX:HBHD), the current Cyclically Adjusted PS Ratio is 0.19 as of Jul. 17, 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 HORNBACH Holding AG and Co KGaA (CHIX:HBHD) Overvalued in 2026?

Based on GuruFocus' analysis, HORNBACH Holding AG and Co KGaA stock appears to be undervalued. The current stock price of €76.30 is trading 9.9% below its estimated GF Value™ of €84.67. GuruFocus considers HORNBACH Holding AG and Co KGaA to be Modestly Undervalued.

Key valuation signals for CHIX:HBHD:

  • Cyclically Adjusted PS Ratio: 0.19 (17% below median its 10-year median of 0.23)
  • GF Value™: €84.67 vs. price of €76.30 (9.9% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 61.6% below the Retail - Cyclical median (#165 of 794)

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


HORNBACH Holding AG and Co KGaA Business Description

Address Le Quartier Hornbach 19, Neustadt an der Weinstrasse, DEU, 67433
HORNBACH Holding AG and Co KGaA and its subsidiaries are involved in the business of Retail and Real estate segments. The company's operating segment include HORNBACH Baumarkt subgroup; HORNBACH Baustoff Union GmbH subgroup, and HORNBACH Immobilien AG subgroup. It generates maximum revenue from the HORNBACH Baumarkt subgroup segment. Geographically, it derives a majority of revenue from Germany. Products are structured in the following divisions: Hardware/Electrical, Paint/Wallpaper/Flooring, Construction Materials/Timber/Prefabricated Components, Sanitary/Tiles, and Garden. The company operates in Germany and other European countries.
65GF Score

Get the complete analysis for CHIX:HBHD

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

€76.30
Price
€84.67
GF Value