Koninklijke Ahold Delhaize NV (FRA:AHOG) Cyclically Adjusted PS Ratio: 0.41 (As of Jul. 15, 2026) — 13% Below Median

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FRA:AHOG Koninklijke Ahold Delhaize NV FRA:AHOG
92 GF Score
Price €35.68
GF Value €34.95
Valuation Fairly Valued
! 3 Warning Signs
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What is Koninklijke Ahold Delhaize NV Cyclically Adjusted PS Ratio?

Koninklijke Ahold Delhaize NV FRA:AHOG +0.73% 92 Cyclically Adjusted PS Ratio is 0.41 as of Jul. 15, 2026, which is 13% below its 10-year median of 0.47. GuruFocus rates FRA:AHOG with a GF Score™ of 92/100 and a GF Value™ of €34.95 (Fairly Valued). The stock has 3 warning signs investors should review. Among 237 Retail - Defensive companies, Koninklijke Ahold Delhaize NV ranks better than 53.16% on this metric.

As of today (2026-07-15), Koninklijke Ahold Delhaize NV's current share price is €35.68. Koninklijke Ahold Delhaize NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €86.87. Koninklijke Ahold Delhaize NV's Cyclically Adjusted PS Ratio for today is 0.41.

The historical rank and industry rank for Koninklijke Ahold Delhaize NV's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:AHOG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.47   Max: 0.57
Current: 0.41

During the past years, Koninklijke Ahold Delhaize NV's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.36. And the median was 0.47.

FRA:AHOG's Cyclically Adjusted PS Ratio is ranked better than
53.16% of 237 companies
in the Retail - Defensive industry
Industry Median: 0.45 vs FRA:AHOG: 0.41

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.

Koninklijke Ahold Delhaize NV's adjusted revenue per share data for the three months ended in Mar. 2026 was €25.114. 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 €86.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Ahold Delhaize NV  (FRA:AHOG) 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.


Koninklijke Ahold Delhaize NV Cyclically Adjusted PS Ratio Related Terms


Koninklijke Ahold Delhaize NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Koninklijke Ahold Delhaize NV'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.

Koninklijke Ahold Delhaize NV Cyclically Adjusted PS Ratio Chart

Koninklijke Ahold Delhaize NV 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 0.54 0.41 0.36 0.40 0.41

Koninklijke Ahold Delhaize NV 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 0.43 0.43 0.41 0.41 0.47

FRA:AHOG vs KR, SFM: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.


Koninklijke Ahold Delhaize NV Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Koninklijke Ahold Delhaize NV's Cyclically Adjusted PS Ratio falls into.


FRA:AHOG
92GF Score
Koninklijke Ahold Delhaize NV FRA:AHOG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Koninklijke Ahold Delhaize NV 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.68/86.87
=0.41

* 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Koninklijke Ahold Delhaize NV'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)
=25.114/136.9100*136.9100
=25.114

Current CPI (Mar. 2026) = 136.9100.

Koninklijke Ahold Delhaize NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.246 100.260 15.357
201609 11.711 100.570 15.943
201612 12.871 100.710 17.497
201703 12.189 101.440 16.451
201706 12.468 101.370 16.839
201709 11.844 102.030 15.893
201712 12.631 101.970 16.959
201803 12.014 102.470 16.052
201806 12.741 103.100 16.919
201809 13.249 103.950 17.450
201812 14.289 103.970 18.816
201903 13.819 105.370 17.955
201906 14.619 105.840 18.910
201909 15.117 106.700 19.397
201912 15.841 106.800 20.307
202003 16.751 106.850 21.464
202006 17.770 107.510 22.629
202009 16.691 107.880 21.182
202012 18.491 107.850 23.473
202103 17.478 108.870 21.980
202106 18.032 109.670 22.511
202109 18.040 110.790 22.293
202112 19.597 114.010 23.533
202203 19.559 119.460 22.416
202206 21.402 119.050 24.613
202209 22.520 126.890 24.298
202212 23.475 124.940 25.724
202303 22.129 124.720 24.292
202306 22.767 125.830 24.772
202309 22.848 127.160 24.600
202312 24.213 126.450 26.216
202403 22.993 128.580 24.483
202406 23.877 129.910 25.164
202409 23.711 131.610 24.666
202412 25.300 131.630 26.315
202503 25.410 133.330 26.092
202506 25.404 133.960 25.963
202509 24.938 135.920 25.120
202512 26.305 135.270 26.624
202603 25.114 136.910 25.114

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 0.41 mean?
Koninklijke Ahold Delhaize NV (FRA:AHOG) has a Cyclically Adjusted PS Ratio of 0.41 as of Jul. 15, 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 Koninklijke Ahold Delhaize NV and its competitors. This is 13% below median its historical median of 0.47. Over the past decade, Koninklijke Ahold Delhaize NV's Cyclically Adjusted PS Ratio has ranged from 0.36 to 0.57. According to the industry distribution chart, Koninklijke Ahold Delhaize NV ranks #111 out of 237 companies in the Retail - Defensive industry, placing it in the top 46.8%.
Is Koninklijke Ahold Delhaize NV's Cyclically Adjusted PS Ratio too high?
Koninklijke Ahold Delhaize NV's current Cyclically Adjusted PS Ratio of 0.41 is 13% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.57. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.45. Koninklijke Ahold Delhaize NV's value of 0.41 is 8.9% below this industry median. Based on the distribution chart, Koninklijke Ahold Delhaize NV ranks #111 out of 237 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Koninklijke Ahold Delhaize NV has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Ahold Delhaize NV's Cyclically Adjusted PS Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Koninklijke Ahold Delhaize NV ranks #111 out of 237 companies for Cyclically Adjusted PS Ratio. This puts Koninklijke Ahold Delhaize NV in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Koninklijke Ahold Delhaize NV's value of 0.41 is 8.9% below this benchmark. Historically, Koninklijke Ahold Delhaize NV's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 0.57 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.45, Koninklijke Ahold Delhaize NV 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 a Retail - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.45, based on 237 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. Koninklijke Ahold Delhaize NV's current Cyclically Adjusted PS Ratio of 0.41 is 8.9% 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 Koninklijke Ahold Delhaize NV and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koninklijke Ahold Delhaize NV's current Cyclically Adjusted PS Ratio is 0.41, which is 13% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Ahold Delhaize NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Ahold Delhaize NV (FRA:AHOG) is currently considered Fairly Valued. The stock's GF Value™ is €34.95, compared to a current price of €35.68 — trading 2.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.41, which is 13% below median its 10-year median of 0.47 and 8.9% below the Retail - Defensive industry median of 0.45. Koninklijke Ahold Delhaize NV's overall GF Score™ is 92/100 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 Koninklijke Ahold Delhaize NV (FRA:AHOG), the current Cyclically Adjusted PS Ratio is 0.41 as of Jul. 15, 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 Koninklijke Ahold Delhaize NV (FRA:AHOG) Overvalued in 2026?

Based on GuruFocus' analysis, Koninklijke Ahold Delhaize NV stock appears to be overvalued. The current stock price of €35.68 is trading 2.1% above its estimated GF Value™ of €34.95. GuruFocus considers Koninklijke Ahold Delhaize NV to be Fairly Valued.

Key valuation signals for FRA:AHOG:

  • Cyclically Adjusted PS Ratio: 0.41 (13% below median its 10-year median of 0.47)
  • GF Value™: €34.95 vs. price of €35.68 (2.1% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 8.9% below the Retail - Defensive median (#111 of 237)

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


Koninklijke Ahold Delhaize NV Business Description

Address Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the seventh-largest grocer in the US and a top player in several parts of Europe. The US is its largest market, accounting for over 60% of group sales, and the network stretches from Maine to Georgia, including banners Stop & Shop, The Giant Company, Giant Food, Food Lion, and Hannaford. The Europe segment accounts for the rest of the revenue, with the firm operating in the Netherlands, Belgium, Greece, Romania, Serbia, and Luxembourg.
92GF Score

Get the complete analysis for FRA:AHOG

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

€35.68
Price
€34.95
GF Value