Hanza AB (FRA:3GA) Cyclically Adjusted PS Ratio: 1.45 (As of Sep. 06, 2026) — 116% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:3GA Hanza AB FRA:3GA
70 GF Score
Price €12.78
GF Value €10.42
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hanza AB Cyclically Adjusted PS Ratio?

Hanza AB FRA:3GA +3.23% 70 Cyclically Adjusted PS Ratio is 1.45 as of Sep. 06, 2026, which is 116% above its 10-year median of 0.67. GuruFocus rates FRA:3GA with a GF Score™ of 70/100 and a GF Value™ of €10.42 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,963 Hardware companies, Hanza AB ranks worse than 52.32% on this metric.

As of today (2026-09-06), Hanza AB's current share price is €12.78. Hanza AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €8.79. Hanza AB's Cyclically Adjusted PS Ratio for today is 1.45.

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

FRA:3GA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.67   Max: 1.87
Current: 1.51

During the past years, Hanza AB's highest Cyclically Adjusted PS Ratio was 1.87. The lowest was 0.22. And the median was 0.67.

FRA:3GA's Cyclically Adjusted PS Ratio is ranked worse than
52.32% of 1963 companies
in the Hardware industry
Industry Median: 1.41 vs FRA:3GA: 1.51

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.

Hanza AB's adjusted revenue per share data for the three months ended in Jun. 2026 was €3.729. 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 €8.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanza AB  (FRA:3GA) 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.


Hanza AB Cyclically Adjusted PS Ratio Related Terms


Hanza AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hanza AB'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.

Hanza AB Cyclically Adjusted PS Ratio Chart

Hanza AB 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 0.28 0.86 0.81 1.36

Hanza AB 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 0.97 1.10 1.36 1.53 1.46

FRA:3GA vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Hanza AB'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.


Hanza AB Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hanza AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:3GA
70GF Score
Hanza AB FRA:3GA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanza AB 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.

Hanza AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.78/8.79
=1.45

* 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.

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

For example, Hanza AB'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)
=3.729/134.6100*134.6100
=3.729

Current CPI (Jun. 2026) = 134.6100.

Hanza AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.354 101.138 1.802
201612 1.468 102.022 1.937
201703 1.524 102.022 2.011
201706 1.560 102.752 2.044
201709 1.405 103.279 1.831
201712 1.490 103.793 1.932
201803 1.767 103.962 2.288
201806 1.690 104.875 2.169
201809 1.410 105.679 1.796
201812 1.429 105.912 1.816
201903 1.554 105.886 1.976
201906 1.538 106.742 1.940
201909 1.461 107.214 1.834
201912 1.538 107.766 1.921
202003 1.621 106.563 2.048
202006 1.569 107.498 1.965
202009 1.419 107.635 1.775
202012 1.428 108.296 1.775
202103 1.630 108.360 2.025
202106 1.751 108.928 2.164
202109 1.631 110.338 1.990
202112 1.924 112.486 2.302
202203 2.157 114.825 2.529
202206 2.307 118.384 2.623
202209 2.139 122.296 2.354
202212 2.384 126.365 2.540
202303 2.381 127.042 2.523
202306 2.288 129.407 2.380
202309 2.003 130.224 2.070
202312 2.296 131.912 2.343
202403 2.531 132.205 2.577
202406 2.468 132.716 2.503
202409 2.225 132.304 2.264
202412 2.520 132.987 2.551
202503 2.713 132.825 2.749
202506 2.985 133.699 3.005
202509 2.768 133.480 2.791
202512 3.545 133.390 3.577
202603 3.977 133.560 4.008
202606 3.729 134.610 3.729

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 1.45 mean?
Hanza AB (FRA:3GA) has a Cyclically Adjusted PS Ratio of 1.45 as of Sep. 06, 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 Hanza AB and its competitors. This is 116% above median its historical median of 0.67. Over the past decade, Hanza AB's Cyclically Adjusted PS Ratio has ranged from 0.22 to 1.87. According to the industry distribution chart, Hanza AB ranks #1027 out of 1963 companies in the Hardware industry, placing it in the top 52.3%.
Is Hanza AB's Cyclically Adjusted PS Ratio too high?
Hanza AB's current Cyclically Adjusted PS Ratio of 1.45 is 116% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.87. The Hardware industry median Cyclically Adjusted PS Ratio is 1.41. Hanza AB's value of 1.45 is 2.8% above this industry median. Based on the distribution chart, Hanza AB ranks #1027 out of 1963 companies in the Hardware industry, which is below the industry midpoint. Overall, Hanza AB has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanza AB's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hanza AB ranks #1027 out of 1963 companies for Cyclically Adjusted PS Ratio. This places Hanza AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Hanza AB's value of 1.45 is 2.8% above this benchmark. Historically, Hanza AB's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 1.87 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.41, Hanza AB 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.41, based on 1,963 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. Hanza AB's current Cyclically Adjusted PS Ratio of 1.45 is 2.8% 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 Hanza AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanza AB's current Cyclically Adjusted PS Ratio is 1.45, which is 116% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanza AB stock overvalued right now?
Based on GuruFocus' analysis, Hanza AB (FRA:3GA) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.42, compared to a current price of €12.78 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.45, which is 116% above median its 10-year median of 0.67 and 2.8% above the Hardware industry median of 1.41. Hanza AB's overall GF Score™ is 70/100 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 Hanza AB (FRA:3GA), the current Cyclically Adjusted PS Ratio is 1.45 as of Sep. 06, 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 Hanza AB (FRA:3GA) Overvalued in 2026?

Based on GuruFocus' analysis, Hanza AB stock appears to be overvalued. The current stock price of €12.78 is trading 22.6% above its estimated GF Value™ of €10.42. GuruFocus considers Hanza AB to be Modestly Overvalued.

Key valuation signals for FRA:3GA:

  • Cyclically Adjusted PS Ratio: 1.45 (116% above median its 10-year median of 0.67)
  • GF Value™: €10.42 vs. price of €12.78 (22.6% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 2.8% above the Hardware median (#1027 of 1963)

No single metric tells the full story. See the FRA:3GA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanza AB Business Description

Other Exchanges HANZA:SwedenHANZAs:UK
Address Torshamnsgatan 35, Kista, Stockholm, SWE, 164 40
Hanza AB is a global knowledge-based manufacturing company that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and with production facilities grouped into regional manufacturing clusters, it creates stable deliveries, increased profitability and an environmentally friendly manufacturing process for customers. The company has six manufacturing clusters: Sweden, Finland, Germany, Baltics, Central Europe and China. The business areas of the company include Business Advisory Services, Simplifying Eco Design and Manufacturing Solutions. The company has three reportable segments: Main Markets; Other Markets; and Business Development.
70GF Score

Get the complete analysis for FRA:3GA

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

€12.78
Price
€10.42
GF Value