DHH SpA (FRA:1EH) Cyclically Adjusted PS Ratio: (As of Aug. 17, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:1EH DHH SpA FRA:1EH
74 GF Score
Price €24.90
GF Value €24.93
Valuation Fairly Valued
! 2 Warning Signs
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What is DHH SpA Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


DHH SpA  (FRA:1EH) 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.


DHH SpA Cyclically Adjusted PS Ratio Related Terms


DHH SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DHH SpA'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.

DHH SpA Cyclically Adjusted PS Ratio Chart

DHH SpA 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 0.00 0.00 0.00 4.40 3.96

DHH SpA 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 0.00 0.00 4.40 0.00 3.96

FRA:1EH vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, DHH SpA'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.


DHH SpA Cyclically Adjusted PS Ratio vs Software Industry

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

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


FRA:1EH
74GF Score
DHH SpA FRA:1EH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHH SpA 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.

DHH SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, DHH SpA'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)
=8.707/122.6000*122.6000
=8.707

Current CPI (Dec25) = 122.6000.

DHH SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 3.549 100.300 4.338
201712 1.921 101.200 2.327
201812 4.074 102.300 4.882
201912 4.401 102.800 5.249
202012 4.854 102.600 5.800
202112 4.187 106.600 4.815
202212 6.215 119.000 6.403
202312 7.226 119.700 7.401
202412 7.631 121.200 7.719
202512 8.707 122.600 8.707

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.

Is DHH SpA (FRA:1EH) Overvalued in 2026?

Based on GuruFocus' analysis, DHH SpA stock appears to be undervalued. The current stock price of €24.90 is trading 0.1% below its estimated GF Value™ of €24.93. GuruFocus considers DHH SpA to be Fairly Valued.

Key valuation signals for FRA:1EH:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €24.93 vs. price of €24.90 (0.1% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the FRA:1EH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHH SpA Business Description

Other Exchanges DHH:Italy
Address Via Caldera 21, Green Building ala 2, Milan, ITA, 20153
DHH SpA is a technology group dedicated to developing digital infrastructure in Southern Europe. It specializes in providing the technology needed to run websites, apps, e-commerce platforms, and Software as a Service (SaaS) solutions. The Group's operating segments are: Cloud computing, Cloud Hosting, Business connectivity, Datacenter & Networking, and Managed IT Services. The majority of its revenue is generated from the Cloud computing segment, which is engaged in the sales of servers, storage, networks, and SaaS (Software as a Service) sales of applications and software platforms as a service. Geographically, it derives maximum revenue from Italy, and the rest from Slovenia, Croatia, Serbia, Switzerland, and Bulgaria.
74GF Score

Get the complete analysis for FRA:1EH

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

€24.90
Price
€24.93
GF Value