Hargreaves Services (CHIX:HSPL) Cyclically Adjusted PS Ratio: 0.84 (As of Jul. 18, 2026) — 265% Above Median

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CHIX:HSPL Hargreaves Services PLC CHIX:HSPL
54 GF Score
Price £7.88
GF Value £8.40
Valuation Fairly Valued
! 7 Warning Signs
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What is Hargreaves Services Cyclically Adjusted PS Ratio?

Hargreaves Services CHIX:HSPL 54 Cyclically Adjusted PS Ratio is 0.84 as of Jul. 18, 2026, which is 265% above its 10-year median of 0.23. GuruFocus rates CHIX:HSPL with a GF Score™ of 54/100 and a GF Value™ of £8.40 (Fairly Valued). The stock has 7 warning signs investors should review. Among 474 Conglomerates companies, Hargreaves Services ranks worse than 50.63% on this metric.

As of today (2026-07-18), Hargreaves Services's current share price is £7.88. Hargreaves Services's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May25 was £9.34. Hargreaves Services's Cyclically Adjusted PS Ratio for today is 0.84.

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

CHIX:HSPl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.23   Max: 0.87
Current: 0.83

During the past 13 years, Hargreaves Services's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.09. And the median was 0.23.

CHIX:HSPl's Cyclically Adjusted PS Ratio is ranked worse than
50.63% of 474 companies
in the Conglomerates industry
Industry Median: 0.79 vs CHIX:HSPl: 0.83

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.

Hargreaves Services's adjusted revenue per share data of for the fiscal year that ended in May25 was £7.907. 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 £9.34 for the trailing ten years ended in May25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hargreaves Services  (CHIX:HSPl) 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.


Hargreaves Services Cyclically Adjusted PS Ratio Related Terms


Hargreaves Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hargreaves Services'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.

Hargreaves Services Cyclically Adjusted PS Ratio Chart

Hargreaves Services Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.36 0.29 0.50 0.71

Hargreaves Services Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.00 0.50 0.00 0.71 0.00

CHIX:HSPL vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Hargreaves Services'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.


Hargreaves Services Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hargreaves Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hargreaves Services's Cyclically Adjusted PS Ratio falls into.


CHIX:HSPL
54GF Score
Hargreaves Services PLC CHIX:HSPL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hargreaves Services 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.

Hargreaves Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.88/9.34
=0.84

* 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.

Hargreaves Services's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May25 is calculated as:

For example, Hargreaves Services's adjusted Revenue per Share data for the fiscal year that ended in May25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May25 (Change)*Current CPI (May25)
=7.907/138.0000*138.0000
=7.907

Current CPI (May25) = 138.0000.

Hargreaves Services Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201605 10.563 100.800 14.461
201705 10.621 103.500 14.161
201805 9.223 105.900 12.019
201905 9.413 107.900 12.039
202005 6.752 108.600 8.580
202105 6.157 111.000 7.655
202205 5.335 119.700 6.151
202305 6.371 129.100 6.810
202405 6.394 132.700 6.649
202505 7.907 138.000 7.907

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 0.84 mean?
Hargreaves Services (CHIX:HSPL) has a Cyclically Adjusted PS Ratio of 0.84 as of Jul. 18, 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 Hargreaves Services and its competitors. This is 265% above median its historical median of 0.23. Over the past decade, Hargreaves Services' Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.87. According to the industry distribution chart, Hargreaves Services ranks #240 out of 474 companies in the Conglomerates industry, placing it in the top 50.6%.
Is Hargreaves Services' Cyclically Adjusted PS Ratio too high?
Hargreaves Services' current Cyclically Adjusted PS Ratio of 0.84 is 265% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.87. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.79. Hargreaves Services' value of 0.84 is 6.3% above this industry median. Based on the distribution chart, Hargreaves Services ranks #240 out of 474 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Hargreaves Services has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hargreaves Services' Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hargreaves Services ranks #240 out of 474 companies for Cyclically Adjusted PS Ratio. This places Hargreaves Services in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Hargreaves Services' value of 0.84 is 6.3% above this benchmark. Historically, Hargreaves Services' own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.87 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.79, Hargreaves Services has consistently been above 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.79, based on 474 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. Hargreaves Services's current Cyclically Adjusted PS Ratio of 0.84 is 6.3% above 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 Hargreaves Services and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hargreaves Services's current Cyclically Adjusted PS Ratio is 0.84, which is 265% above 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 Hargreaves Services stock overvalued right now?
Based on GuruFocus' analysis, Hargreaves Services (CHIX:HSPL) is currently considered Fairly Valued. The stock's GF Value™ is £8.40, compared to a current price of £7.88 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.84, which is 265% above median its 10-year median of 0.23 and 6.3% above the Conglomerates industry median of 0.79. Hargreaves Services' overall GF Score™ is 54/100 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 Hargreaves Services (CHIX:HSPL), the current Cyclically Adjusted PS Ratio is 0.84 as of Jul. 18, 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 Hargreaves Services (CHIX:HSPL) Overvalued in 2026?

Based on GuruFocus' analysis, Hargreaves Services stock appears to be undervalued. The current stock price of £7.88 is trading 6.2% below its estimated GF Value™ of £8.40. GuruFocus considers Hargreaves Services to be Fairly Valued.

Key valuation signals for CHIX:HSPL:

  • Cyclically Adjusted PS Ratio: 0.84 (265% above median its 10-year median of 0.23)
  • GF Value™: £8.40 vs. price of £7.88 (6.2% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 6.3% above the Conglomerates median (#240 of 474)

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


Hargreaves Services Business Description

Other Exchanges HSP:UKH6W:Germany
Address West Terrace, Esh Winning, Durham, GBR, DH7 9PT
Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services; Hargreaves Land; Unallocated and Hargreaves Raw Materials Services. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.
54GF Score

Get the complete analysis for CHIX:HSPL

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

£7.88
Price
£8.40
GF Value