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Heritage GlobalFRA:LGC 78 Cyclically Adjusted PS Ratio is 1.04 as of Jul. 16, 2026, which is 32% below its 10-year median of 1.54. GuruFocus rates FRA:LGC with a GF Score™ of 78/100 and a GF Value™ of €1.97. The stock has 3 warning signs investors should review. Among 603 Capital Markets companies, Heritage Global ranks better than 77.94% on this metric.
The historical rank and industry rank for Heritage Global's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:LGC'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41 Med: 1.54 Max: 5.54
Current: 1.03
During the past years, Heritage Global's highest Cyclically Adjusted PS Ratio was 5.54. The lowest was 0.41. And the median was 1.54.
FRA:LGC's Cyclically Adjusted PS Ratio is ranked better than 77.94% of 603
companies
in the Capital Markets industry
Industry Median: 3.25
vs FRA:LGC: 1.03
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.
Heritage Global's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.315. 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 €0.99 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Heritage Global (FRA:LGC) 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.
Heritage Global Cyclically Adjusted PS Ratio Related Terms
Heritage Global Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Heritage Global'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.
Heritage Global Cyclically Adjusted PS Ratio Chart
FRA:LGC vs MATH, GSIW, PLUT: Cyclically Adjusted PS Ratio Comparison
For the Capital Markets subindustry, Heritage Global'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.
Heritage Global Cyclically Adjusted PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Heritage Global's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Heritage Global's Cyclically Adjusted PS Ratio falls into.
Heritage Global 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.
Heritage Global's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 1.04 mean?
Heritage Global (FRA:LGC) has a Cyclically Adjusted PS Ratio of 1.04 as of Jul. 16, 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 Heritage Global and its competitors. This is 32% below median its historical median of 1.54. Over the past decade, Heritage Global's Cyclically Adjusted PS Ratio has ranged from 0.41 to 5.54. According to the industry distribution chart, Heritage Global ranks #133 out of 603 companies in the Capital Markets industry, placing it in the top 22.1%.
Is Heritage Global's Cyclically Adjusted PS Ratio too high?
Heritage Global's current Cyclically Adjusted PS Ratio of 1.04 is 32% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 5.54. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.25. Heritage Global's value of 1.04 is 68% below this industry median. Based on the distribution chart, Heritage Global ranks #133 out of 603 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Heritage Global has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's Cyclically Adjusted PS Ratio compare to MATH and GSIW?
According to the Capital Markets industry distribution chart, Heritage Global ranks #133 out of 603 companies for Cyclically Adjusted PS Ratio. This places Heritage Global in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.25. Heritage Global's value of 1.04 is 68% below this benchmark. Historically, Heritage Global's own Cyclically Adjusted PS Ratio has ranged from 0.41 to 5.54 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 3.25, Heritage Global 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.25, based on 603 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. Heritage Global's current Cyclically Adjusted PS Ratio of 1.04 is 68% 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 Heritage Global and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Global's current Cyclically Adjusted PS Ratio is 1.04, which is 32% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Global stock overvalued right now?
Heritage Global (FRA:LGC) has a current Cyclically Adjusted PS Ratio of 1.04. The stock's GF Value™ is €1.97, compared to a current price of €1.03 — trading 47.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.04, which is 32% below median its 10-year median of 1.54 and 68% below the Capital Markets industry median of 3.25. Heritage Global's overall GF Score™ is 78/100 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 Heritage Global (FRA:LGC), the current Cyclically Adjusted PS Ratio is 1.04 as of Jul. 16, 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 Heritage Global (FRA:LGC) Overvalued in 2026?
Based on GuruFocus' analysis, Heritage Global stock appears to be undervalued.
The current stock price of €1.03 is trading 47.7% below its estimated GF Value™ of €1.97.
Key valuation signals for FRA:LGC:
Cyclically Adjusted PS Ratio: 1.04 (32% below median its 10-year median of 1.54)
GF Value™: €1.97 vs. price of €1.03 (47.7% below fair value)
Industry Position: 68% below the Capital Markets median (#133 of 603)
No single metric tells the full story. See the FRA:LGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
78GF Score
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