HASEKO (FRA:HS6) Cyclically Adjusted PS Ratio: 0.74 (As of Jul. 19, 2026) — 21% 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:HS6 HASEKO Corp FRA:HS6
84 GF Score
Price €14.80
GF Value €12.31
! 3 Warning Signs
View Full Analysis

What is HASEKO Cyclically Adjusted PS Ratio?

HASEKO FRA:HS6 -0.67% 84 Cyclically Adjusted PS Ratio is 0.74 as of Jul. 19, 2026, which is 21% above its 10-year median of 0.61. GuruFocus rates FRA:HS6 with a GF Score™ of 84/100 and a GF Value™ of €12.31. The stock has 3 warning signs investors should review. Among 72 Homebuilding & Construction companies, HASEKO ranks worse than 58.33% on this metric.

As of today (2026-07-19), HASEKO's current share price is €14.80. HASEKO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €20.02. HASEKO's Cyclically Adjusted PS Ratio for today is 0.74.

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

FRA:HS6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.61   Max: 0.94
Current: 0.76

During the past years, HASEKO's highest Cyclically Adjusted PS Ratio was 0.94. The lowest was 0.45. And the median was 0.61.

FRA:HS6's Cyclically Adjusted PS Ratio is ranked worse than
58.33% of 72 companies
in the Homebuilding & Construction industry
Industry Median: 0.655 vs FRA:HS6: 0.76

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.

HASEKO's adjusted revenue per share data for the three months ended in Mar. 2026 was €7.727. 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 €20.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HASEKO  (FRA:HS6) 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.


HASEKO Cyclically Adjusted PS Ratio Related Terms


HASEKO Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HASEKO'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.

HASEKO Cyclically Adjusted PS Ratio Chart

HASEKO 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 0.54 0.54 0.60 0.56 0.78

HASEKO 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 0.56 0.61 0.70 0.85 0.78

FRA:HS6 vs DHI, PHM, LEN: Cyclically Adjusted PS Ratio Comparison

For the Residential Construction subindustry, HASEKO'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.


HASEKO Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, HASEKO's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:HS6
84GF Score
HASEKO Corp FRA:HS6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HASEKO 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.

HASEKO's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.80/20.02
=0.74

* 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.

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

For example, HASEKO'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)
=7.727/112.7000*112.7000
=7.727

Current CPI (Mar. 2026) = 112.7000.

HASEKO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.832 98.100 5.551
201609 5.032 98.000 5.787
201612 5.016 98.400 5.745
201703 6.697 98.100 7.694
201706 4.933 98.500 5.644
201709 5.156 98.800 5.881
201712 4.747 99.400 5.382
201803 5.995 99.200 6.811
201806 5.846 99.200 6.642
201809 5.593 99.900 6.310
201812 5.645 99.700 6.381
201903 6.308 99.700 7.131
201906 5.291 99.800 5.975
201909 6.305 100.100 7.099
201912 5.460 100.500 6.123
202003 6.658 100.300 7.481
202006 4.880 99.900 5.505
202009 5.523 99.900 6.231
202012 5.098 99.300 5.786
202103 7.053 99.900 7.957
202106 5.856 99.500 6.633
202109 5.650 100.100 6.361
202112 5.979 100.100 6.732
202203 7.909 101.100 8.816
202206 6.016 101.800 6.660
202209 5.447 103.100 5.954
202212 6.622 104.100 7.169
202303 8.187 104.400 8.838
202306 6.320 105.200 6.771
202309 6.020 106.200 6.388
202312 5.740 106.800 6.057
202403 7.329 107.200 7.705
202406 6.141 108.200 6.396
202409 6.326 108.900 6.547
202412 6.322 110.700 6.436
202503 7.743 111.100 7.855
202506 6.293 111.700 6.349
202509 6.580 112.000 6.621
202512 6.055 113.000 6.039
202603 7.727 112.700 7.727

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 0.74 mean?
HASEKO (FRA:HS6) has a Cyclically Adjusted PS Ratio of 0.74 as of Jul. 19, 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 HASEKO and its competitors. This is 21% above median its historical median of 0.61. Over the past decade, HASEKO's Cyclically Adjusted PS Ratio has ranged from 0.45 to 0.94. According to the industry distribution chart, HASEKO ranks #42 out of 72 companies in the Homebuilding & Construction industry, placing it in the top 58.3%.
Is HASEKO's Cyclically Adjusted PS Ratio too high?
HASEKO's current Cyclically Adjusted PS Ratio of 0.74 is 21% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.94. The Homebuilding & Construction industry median Cyclically Adjusted PS Ratio is 0.66. HASEKO's value of 0.74 is 13% above this industry median. Based on the distribution chart, HASEKO ranks #42 out of 72 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, HASEKO has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does HASEKO's Cyclically Adjusted PS Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, HASEKO ranks #42 out of 72 companies for Cyclically Adjusted PS Ratio. This places HASEKO in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.66. HASEKO's value of 0.74 is 13% above this benchmark. Historically, HASEKO's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 0.94 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.66, HASEKO 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 Homebuilding & Construction company?
The median Cyclically Adjusted PS Ratio among Homebuilding & Construction companies is 0.66, based on 72 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. HASEKO's current Cyclically Adjusted PS Ratio of 0.74 is 13% 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 HASEKO and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PS Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HASEKO's current Cyclically Adjusted PS Ratio is 0.74, which is 21% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HASEKO stock overvalued right now?
HASEKO (FRA:HS6) has a current Cyclically Adjusted PS Ratio of 0.74. The stock's GF Value™ is €12.31, compared to a current price of €14.80 — trading 20.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.74, which is 21% above median its 10-year median of 0.61 and 13% above the Homebuilding & Construction industry median of 0.66. HASEKO's overall GF Score™ is 84/100 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 HASEKO (FRA:HS6), the current Cyclically Adjusted PS Ratio is 0.74 as of Jul. 19, 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 HASEKO (FRA:HS6) Overvalued in 2026?

Based on GuruFocus' analysis, HASEKO stock appears to be overvalued. The current stock price of €14.80 is trading 20.2% above its estimated GF Value™ of €12.31.

Key valuation signals for FRA:HS6:

  • Cyclically Adjusted PS Ratio: 0.74 (21% above median its 10-year median of 0.61)
  • GF Value™: €12.31 vs. price of €14.80 (20.2% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 13% above the Homebuilding & Construction median (#42 of 72)

No single metric tells the full story. See the FRA:HS6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HASEKO Business Description

Address 2-32-1 Shiba, Minato-ku, Tokyo, JPN, 105-8507
HASEKO Corp is a Japanese construction company specializing in residential condominium construction. The group operates through four reportable segments: Construction related business, which focuses on new housing supply; Real estate related business, which sells and rents real estate; Service related business, which manages existing housing related operations; and Overseas related business, which develops and sells real estate overseas. It generates the majority of its revenue from the Construction related business segment.
84GF Score

Get the complete analysis for FRA:HS6

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

€14.80
Price
€12.31
GF Value