Hamilton Lane (FRA:1M0) Cyclically Adjusted PS Ratio: 6.78 (As of Jul. 31, 2026) — 33% Below Median

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FRA:1M0 Hamilton Lane Inc FRA:1M0
81 GF Score
Price €75.50
GF Value €135.20
! 2 Warning Signs
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What is Hamilton Lane Cyclically Adjusted PS Ratio?

Hamilton Lane FRA:1M0 -1.95% 81 Cyclically Adjusted PS Ratio is 6.78 as of Jul. 31, 2026, which is 33% below its 10-year median of 10.14. GuruFocus rates FRA:1M0 with a GF Score™ of 81/100 and a GF Value™ of €135.20. The stock has 2 warning signs investors should review. Among 907 Asset Management companies, Hamilton Lane ranks better than 54.91% on this metric.

As of today (2026-07-31), Hamilton Lane's current share price is €75.50. Hamilton Lane's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.13. Hamilton Lane's Cyclically Adjusted PS Ratio for today is 6.78.

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

FRA:1M0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.94   Med: 10.14   Max: 13.61
Current: 6.8

During the past years, Hamilton Lane's highest Cyclically Adjusted PS Ratio was 13.61. The lowest was 5.94. And the median was 10.14.

FRA:1M0's Cyclically Adjusted PS Ratio is ranked better than
54.91% of 907 companies
in the Asset Management industry
Industry Median: 7.57 vs FRA:1M0: 6.80

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.

Hamilton Lane's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.076. 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 €11.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hamilton Lane  (FRA:1M0) 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.


Hamilton Lane Cyclically Adjusted PS Ratio Related Terms


Hamilton Lane Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hamilton Lane'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.

Hamilton Lane Cyclically Adjusted PS Ratio Chart

Hamilton Lane Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 11.71 7.59

Hamilton Lane Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.71 11.10 10.42 10.47 7.59

FRA:1M0 vs UTG, STEP, AB: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Hamilton Lane'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.


Hamilton Lane Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hamilton Lane's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:1M0
81GF Score
Hamilton Lane Inc FRA:1M0
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamilton Lane 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.

Hamilton Lane's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.50/11.13
=6.78

* 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.

Hamilton Lane's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hamilton Lane's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.076/330.2130*330.2130
=3.076

Current CPI (Mar. 2026) = 330.2130.

Hamilton Lane Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.063 241.018 2.826
201609 2.675 241.428 3.659
201612 2.351 241.432 3.216
201703 2.293 243.801 3.106
201706 2.541 244.955 3.425
201709 2.192 246.819 2.933
201712 3.031 246.524 4.060
201803 3.171 249.554 4.196
201806 2.382 251.989 3.121
201809 2.057 252.439 2.691
201812 2.268 251.233 2.981
201903 2.317 254.202 3.010
201906 2.117 256.143 2.729
201909 2.113 256.759 2.717
201912 2.071 256.974 2.661
202003 2.363 258.115 3.023
202006 2.035 257.797 2.607
202009 2.159 260.280 2.739
202012 2.001 260.474 2.537
202103 2.467 264.877 3.076
202106 1.815 271.696 2.206
202109 2.253 274.310 2.712
202112 1.510 278.802 1.788
202203 1.710 287.504 1.964
202206 2.387 296.311 2.660
202209 2.882 296.808 3.206
202212 2.231 296.797 2.482
202303 1.966 301.836 2.151
202306 2.143 305.109 2.319
202309 2.204 307.789 2.365
202312 2.128 306.746 2.291
202403 3.020 312.332 3.193
202406 3.381 314.175 3.554
202409 2.494 315.301 2.612
202412 2.951 315.605 3.088
202503 4.210 319.799 4.347
202506 2.801 322.561 2.867
202509 2.984 324.800 3.034
202512 3.114 324.054 3.173
202603 3.076 330.213 3.076

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 6.78 mean?
Hamilton Lane (FRA:1M0) has a Cyclically Adjusted PS Ratio of 6.78 as of Jul. 31, 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 Hamilton Lane and its competitors. This is 33% below median its historical median of 10.14. Over the past decade, Hamilton Lane's Cyclically Adjusted PS Ratio has ranged from 5.94 to 13.61. According to the industry distribution chart, Hamilton Lane ranks #409 out of 907 companies in the Asset Management industry, placing it in the top 45.1%.
Is Hamilton Lane's Cyclically Adjusted PS Ratio too high?
Hamilton Lane's current Cyclically Adjusted PS Ratio of 6.78 is 33% below median its 10-year median of 10.14. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 13.61. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.57. Hamilton Lane's value of 6.78 is 10.4% below this industry median. Based on the distribution chart, Hamilton Lane ranks #409 out of 907 companies in the Asset Management industry, which is above the industry midpoint. Overall, Hamilton Lane has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Hamilton Lane's Cyclically Adjusted PS Ratio compare to UTG and STEP?
According to the Asset Management industry distribution chart, Hamilton Lane ranks #409 out of 907 companies for Cyclically Adjusted PS Ratio. This puts Hamilton Lane in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.57. Hamilton Lane's value of 6.78 is 10.4% below this benchmark. Historically, Hamilton Lane's own Cyclically Adjusted PS Ratio has ranged from 5.94 to 13.61 over the past decade. While the company's 10-year median is 10.14 vs. the industry median of 7.57, Hamilton Lane 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 Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.57, based on 907 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. Hamilton Lane's current Cyclically Adjusted PS Ratio of 6.78 is 10.4% 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 Hamilton Lane and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamilton Lane's current Cyclically Adjusted PS Ratio is 6.78, which is 33% below median its own 10-year median of 10.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Lane stock overvalued right now?
Hamilton Lane (FRA:1M0) has a current Cyclically Adjusted PS Ratio of 6.78. The stock's GF Value™ is €135.20, compared to a current price of €75.50 — trading 44.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.78, which is 33% below median its 10-year median of 10.14 and 10.4% below the Asset Management industry median of 7.57. Hamilton Lane's overall GF Score™ is 81/100 with 2 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 Hamilton Lane (FRA:1M0), the current Cyclically Adjusted PS Ratio is 6.78 as of Jul. 31, 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 Hamilton Lane (FRA:1M0) Overvalued in 2026?

Based on GuruFocus' analysis, Hamilton Lane stock appears to be undervalued. The current stock price of €75.50 is trading 44.2% below its estimated GF Value™ of €135.20.

Key valuation signals for FRA:1M0:

  • Cyclically Adjusted PS Ratio: 6.78 (33% below median its 10-year median of 10.14)
  • GF Value™: €135.20 vs. price of €75.50 (44.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 10.4% below the Asset Management median (#409 of 907)

No single metric tells the full story. See the FRA:1M0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamilton Lane Business Description

Other Exchanges HLNE:USA1M0:Germany
Address 110 Washington Street, Suite 1300, Conshohocken, PA, USA, 19428
Hamilton Lane Inc is a private markets investment firm globally, providing solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 750 professionals operating in offices throughout North America, Europe, Asia Pacific, and the Middle East. It has approximately $986 billion in assets under management and supervision, composed of nearly $141 billion in discretionary assets and more than $845 billion in non-discretionary assets. The group specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors, and geographies.
81GF 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.

€75.50
Price
€135.20
GF Value