DRHNF (Hoenle AG) Cyclically Adjusted PS Ratio: 0.07 (As of Aug. 28, 2026) — 97% Below Median

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DRHNF Hoenle AG DRHNF
50 GF Score
Price $8.79
GF Value $10.29
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Hoenle AG Cyclically Adjusted PS Ratio?

Hoenle AG DRHNF 50 Cyclically Adjusted PS Ratio is 0.07 as of Aug. 28, 2026, which is 97% below its 10-year median of 2.10. GuruFocus rates DRHNF with a GF Score™ of 50/100 and a GF Value™ of $10.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,283 Industrial Products companies, Hoenle AG ranks better than 87.25% on this metric.

As of today (2026-08-28), Hoenle AG's current share price is $8.79. Hoenle AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $128.88. Hoenle AG's Cyclically Adjusted PS Ratio for today is 0.07.

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

DRHNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 2.1   Max: 5.63
Current: 0.38

During the past years, Hoenle AG's highest Cyclically Adjusted PS Ratio was 5.63. The lowest was 0.31. And the median was 2.10.

DRHNF's Cyclically Adjusted PS Ratio is ranked better than
87.25% of 2283 companies
in the Industrial Products industry
Industry Median: 1.81 vs DRHNF: 0.38

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.

Hoenle AG's adjusted revenue per share data for the three months ended in Jun. 2026 was $4.505. 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 $128.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hoenle AG  (OTCPK:DRHNF) 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.


Hoenle AG Cyclically Adjusted PS Ratio Related Terms


Hoenle AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hoenle AG'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.

Hoenle AG Cyclically Adjusted PS Ratio Chart

Hoenle AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 0.71 0.83 0.54 0.38

Hoenle AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.44 0.38 0.32 0.39 0.40

DRHNF vs VRT, BE, HUBB: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Hoenle AG'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.


Hoenle AG Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoenle AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


DRHNF
50GF Score
Hoenle AG DRHNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoenle AG 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.

Hoenle AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.79/128.88
=0.07

* 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.

Hoenle AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hoenle AG's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.505/131.3638*131.3638
=4.505

Current CPI (Jun. 2026) = 131.3638.

Hoenle AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.020 101.017 6.528
201612 4.245 101.217 5.509
201703 4.860 101.417 6.295
201706 5.060 102.117 6.509
201709 6.460 102.717 8.262
201712 6.341 102.617 8.117
201803 6.965 102.917 8.890
201806 5.951 104.017 7.516
201809 7.990 104.718 10.023
201812 6.243 104.217 7.869
201903 5.277 104.217 6.652
201906 5.176 105.718 6.432
201909 5.296 106.018 6.562
201912 4.674 105.818 5.802
202003 5.083 105.718 6.316
202006 4.266 106.618 5.256
202009 6.349 105.818 7.882
202012 5.353 105.518 6.664
202103 6.075 107.518 7.422
202106 5.431 108.486 6.576
202109 5.868 109.435 7.044
202112 5.727 110.384 6.816
202203 5.457 113.968 6.290
202206 4.597 115.760 5.217
202209 4.724 118.818 5.223
202212 4.826 119.345 5.312
202303 4.575 122.402 4.910
202306 4.686 123.140 4.999
202309 4.683 124.195 4.953
202312 4.279 123.773 4.541
202403 4.361 125.038 4.582
202406 4.252 125.882 4.437
202409 4.884 126.198 5.084
202412 3.698 127.041 3.824
202503 4.593 127.779 4.722
202506 4.308 128.412 4.407
202509 4.622 129.255 4.697
202512 4.148 129.361 4.212
202603 4.547 131.258 4.551
202606 4.505 131.364 4.505

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 0.07 mean?
Hoenle AG (DRHNF) has a Cyclically Adjusted PS Ratio of 0.07 as of Aug. 28, 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 Hoenle AG and its competitors. This is 97% below median its historical median of 2.10. Over the past decade, Hoenle AG's Cyclically Adjusted PS Ratio has ranged from 0.31 to 5.63. According to the industry distribution chart, Hoenle AG ranks #291 out of 2283 companies in the Industrial Products industry, placing it in the top 12.7%.
Is Hoenle AG's Cyclically Adjusted PS Ratio too high?
Hoenle AG's current Cyclically Adjusted PS Ratio of 0.07 is 97% below median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 5.63. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Hoenle AG's value of 0.07 is 96.1% below this industry median. Based on the distribution chart, Hoenle AG ranks #291 out of 2283 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hoenle AG has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoenle AG's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hoenle AG ranks #291 out of 2283 companies for Cyclically Adjusted PS Ratio. This places Hoenle AG in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.81. Hoenle AG's value of 0.07 is 96.1% below this benchmark. Historically, Hoenle AG's own Cyclically Adjusted PS Ratio has ranged from 0.31 to 5.63 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.81, Hoenle AG 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,283 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. Hoenle AG's current Cyclically Adjusted PS Ratio of 0.07 is 96.1% 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 Hoenle AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoenle AG's current Cyclically Adjusted PS Ratio is 0.07, which is 97% below median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoenle AG stock overvalued right now?
Based on GuruFocus' analysis, Hoenle AG (DRHNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.29, compared to a current price of $8.79 — trading 14.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.07, which is 97% below median its 10-year median of 2.10 and 96.1% below the Industrial Products industry median of 1.81. Hoenle AG's overall GF Score™ is 50/100 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 Hoenle AG (DRHNF), the current Cyclically Adjusted PS Ratio is 0.07 as of Aug. 28, 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 Hoenle AG (DRHNF) Overvalued in 2026?

Based on GuruFocus' analysis, Hoenle AG stock appears to be undervalued. The current stock price of $8.79 is trading 14.6% below its estimated GF Value™ of $10.29. GuruFocus considers Hoenle AG to be Modestly Undervalued.

Key valuation signals for DRHNF:

  • Cyclically Adjusted PS Ratio: 0.07 (97% below median its 10-year median of 2.10)
  • GF Value™: $10.29 vs. price of $8.79 (14.6% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 96.1% below the Industrial Products median (#291 of 2283)

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


Hoenle AG Business Description

Address Nicolaus-Otto-Street 2, Gilching, Munich, BY, DEU, 82205
Hoenle AG develops, manufactures, and markets industrial UV technology. The company operates in UV, LED-UV, IR / HA, Inert-UV and Excimer systems and equipment, industrial adhesives, UV and IR lamps, UV measuring technology and reflectors and Electronic Power Supplies. The solutions provided by the company are Printing, Converting and Coating, Bonding, Potting and Fluorescence Testing, and Disinfection of Surfaces, Liquids and Gases.
50GF Score

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

$8.79
Price
$10.29
GF Value