Heidrick & Struggles International (FRA:HSI) Cyclically Adjusted PS Ratio: 1.19 (As of Jul. 23, 2026) — 47% Above Median

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FRA:HSI Heidrick & Struggles International Inc FRA:HSI
65 GF Score
Price €50.50
GF Value €32.17
! 8 Warning Signs
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What is Heidrick & Struggles International Cyclically Adjusted PS Ratio?

Heidrick & Struggles International FRA:HSI 65 Cyclically Adjusted PS Ratio is 1.19 as of Jul. 23, 2026, which is 47% above its 10-year median of 0.81. GuruFocus rates FRA:HSI with a GF Score™ of 65/100 and a GF Value™ of €32.17. The stock has 8 warning signs investors should review.

As of today (2026-07-23), Heidrick & Struggles International's current share price is €50.50. Heidrick & Struggles International's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was €42.46. Heidrick & Struggles International's Cyclically Adjusted PS Ratio for today is 1.19.

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

FRA:HSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.81   Max: 1.38
Current: 1.17

During the past years, Heidrick & Struggles International's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.54. And the median was 0.81.

FRA:HSI's Cyclically Adjusted PS Ratio is not ranked
in the Business Services industry.
Industry Median: 0.885 vs FRA:HSI: 1.17

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.

Heidrick & Struggles International's adjusted revenue per share data for the three months ended in Sep. 2025 was €13.106. 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 €42.46 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heidrick & Struggles International  (FRA:HSI) 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.


Heidrick & Struggles International Cyclically Adjusted PS Ratio Related Terms


Heidrick & Struggles International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Heidrick & Struggles International'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.

Heidrick & Struggles International Cyclically Adjusted PS Ratio Chart

Heidrick & Struggles International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.17 0.67 0.66 0.93

Heidrick & Struggles International Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.82 0.93 0.88 0.92 0.98

FRA:HSI vs MAN, NSP, BBSI: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, Heidrick & Struggles International'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.


Heidrick & Struggles International Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Heidrick & Struggles International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's Cyclically Adjusted PS Ratio falls into.


FRA:HSI
65GF Score
Heidrick & Struggles International Inc FRA:HSI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Heidrick & Struggles International 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.

Heidrick & Struggles International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.50/42.46
=1.19

* 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.

Heidrick & Struggles International's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Heidrick & Struggles International's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=13.106/324.8000*324.8000
=13.106

Current CPI (Sep. 2025) = 324.8000.

Heidrick & Struggles International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 7.185 236.525 9.867
201603 6.354 238.132 8.667
201606 7.275 241.018 9.804
201609 7.007 241.428 9.427
201612 8.061 241.432 10.845
201703 7.014 243.801 9.344
201706 7.458 244.955 9.889
201709 7.256 246.819 9.548
201712 7.842 246.524 10.332
201803 6.912 249.554 8.996
201806 8.312 251.989 10.714
201809 8.496 252.439 10.931
201812 8.479 251.233 10.962
201903 7.998 254.202 10.219
201906 8.115 256.143 10.290
201909 8.717 256.759 11.027
201912 8.457 256.974 10.689
202003 8.001 258.115 10.068
202006 6.803 257.797 8.571
202009 6.340 260.280 7.912
202012 6.886 260.474 8.587
202103 8.109 264.877 9.943
202106 10.779 271.696 12.886
202109 11.142 274.310 13.193
202112 12.455 278.802 14.510
202203 12.640 287.504 14.280
202206 14.022 296.311 15.370
202209 12.779 296.808 13.984
202212 10.833 296.797 11.855
202303 10.994 301.836 11.830
202306 12.245 305.109 13.035
202309 12.213 307.789 12.888
202312 11.285 306.746 11.949
202403 11.767 312.332 12.237
202406 12.972 314.175 13.411
202409 12.120 315.301 12.485
202412 12.582 315.605 12.949
202503 12.472 319.799 12.667
202506 13.156 322.561 13.247
202509 13.106 324.800 13.106

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 1.19 mean?
Heidrick & Struggles International (FRA:HSI) has a Cyclically Adjusted PS Ratio of 1.19 as of Jul. 23, 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 Heidrick & Struggles International and its competitors. This is 47% above median its historical median of 0.81. Over the past decade, Heidrick & Struggles International's Cyclically Adjusted PS Ratio has ranged from 0.54 to 1.38.
Is Heidrick & Struggles International's Cyclically Adjusted PS Ratio too high?
Heidrick & Struggles International's current Cyclically Adjusted PS Ratio of 1.19 is 47% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.38. The Business Services industry median Cyclically Adjusted PS Ratio is 0.89. Heidrick & Struggles International's value of 1.19 is 34.5% above this industry median. Overall, Heidrick & Struggles International has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Heidrick & Struggles International's Cyclically Adjusted PS Ratio compare to MAN and NSP?
Heidrick & Struggles International's Cyclically Adjusted PS Ratio of 1.19 can be compared against companies in the Business Services industry. The industry median Cyclically Adjusted PS Ratio is 0.89. Heidrick & Struggles International's value of 1.19 is 34.5% above this benchmark. Historically, Heidrick & Struggles International's own Cyclically Adjusted PS Ratio has ranged from 0.54 to 1.38 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.89, Heidrick & Struggles International 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.89, based on 716 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. Heidrick & Struggles International's current Cyclically Adjusted PS Ratio of 1.19 is 34.5% 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 Heidrick & Struggles International and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heidrick & Struggles International's current Cyclically Adjusted PS Ratio is 1.19, which is 47% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heidrick & Struggles International stock overvalued right now?
Heidrick & Struggles International (FRA:HSI) has a current Cyclically Adjusted PS Ratio of 1.19. The stock's GF Value™ is €32.17, compared to a current price of €50.50 — trading 57% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.19, which is 47% above median its 10-year median of 0.81 and 34.5% above the Business Services industry median of 0.89. Heidrick & Struggles International's overall GF Score™ is 65/100 with 8 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 Heidrick & Struggles International (FRA:HSI), the current Cyclically Adjusted PS Ratio is 1.19 as of Jul. 23, 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 Heidrick & Struggles International (FRA:HSI) Overvalued in 2026?

Based on GuruFocus' analysis, Heidrick & Struggles International stock appears to be overvalued. The current stock price of €50.50 is trading 57% above its estimated GF Value™ of €32.17.

Key valuation signals for FRA:HSI:

  • Cyclically Adjusted PS Ratio: 1.19 (47% above median its 10-year median of 0.81)
  • GF Value™: €32.17 vs. price of €50.50 (57% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 34.5% above the Business Services median

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


Heidrick & Struggles International Business Description

Address 233 South Wacker Drive, Suite 4900, Chicago, IL, USA, 60606-6303
Heidrick & Struggles International Inc is a leadership advisory firm providing executive search and consulting services to businesses and business leaders world wide. The company's operating segments include the executive search business which operates in the Americas; Europe; Asia Pacific and On-Demand Talent and Heidrick Consulting. It generates maximum revenue from the Americas.
65GF Score

Get the complete analysis for FRA:HSI

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

€50.50
Price
€32.17
GF Value