OHB SE (FRA:OHB) Cyclically Adjusted PS Ratio: 4.04 (As of Aug. 15, 2026) — 405% Above Median

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FRA:OHB OHB SE FRA:OHB
72 GF Score
Price €256.50
GF Value €76.64
Valuation Significantly Overvalued
! 5 Warning Signs
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What is OHB SE Cyclically Adjusted PS Ratio?

OHB SE FRA:OHB -1.54% 72 Cyclically Adjusted PS Ratio is 4.04 as of Aug. 15, 2026, which is 405% above its 10-year median of 0.80. GuruFocus rates FRA:OHB with a GF Score™ of 72/100 and a GF Value™ of €76.64 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 224 Aerospace & Defense companies, OHB SE ranks worse than 58.04% on this metric.

As of today (2026-08-15), OHB SE's current share price is €256.50. OHB SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €63.48. OHB SE's Cyclically Adjusted PS Ratio for today is 4.04.

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

FRA:OHB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.8   Max: 9.42
Current: 4.16

During the past years, OHB SE's highest Cyclically Adjusted PS Ratio was 9.42. The lowest was 0.53. And the median was 0.80.

FRA:OHB's Cyclically Adjusted PS Ratio is ranked worse than
58.04% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.085 vs FRA:OHB: 4.16

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.

OHB SE's adjusted revenue per share data for the three months ended in Jun. 2026 was €16.815. 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 €63.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


OHB SE  (FRA:OHB) 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.


OHB SE Cyclically Adjusted PS Ratio Related Terms


OHB SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for OHB SE'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.

OHB SE Cyclically Adjusted PS Ratio Chart

OHB SE 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 0.73 0.59 0.73 0.81 1.90

OHB SE 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 1.22 1.76 1.90 4.28 4.54

FRA:OHB vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, OHB SE'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.


OHB SE Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OHB SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:OHB
72GF Score
OHB SE FRA:OHB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OHB SE 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.

OHB SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=256.50/63.48
=4.04

* 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.

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

For example, OHB SE'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)
=16.815/131.3638*131.3638
=16.815

Current CPI (Jun. 2026) = 131.3638.

OHB SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.252 101.017 13.332
201612 12.824 101.217 16.644
201703 8.317 101.417 10.773
201706 10.507 102.117 13.516
201709 9.922 102.717 12.689
201712 17.981 102.617 23.018
201803 10.067 102.917 12.850
201806 11.407 104.017 14.406
201809 12.964 104.718 16.263
201812 20.559 104.217 25.914
201903 10.315 104.217 13.002
201906 12.974 105.718 16.121
201909 13.004 106.018 16.113
201912 20.507 105.818 25.458
202003 9.895 105.718 12.295
202006 11.028 106.618 13.588
202009 10.503 105.818 13.039
202012 18.304 105.518 22.788
202103 10.649 107.518 13.011
202106 11.557 108.486 13.994
202109 12.439 109.435 14.932
202112 16.516 110.384 19.655
202203 9.794 113.968 11.289
202206 14.248 115.760 16.168
202209 13.611 118.818 15.048
202212 15.869 119.345 17.467
202303 11.172 122.402 11.990
202306 13.971 123.140 14.904
202309 15.571 124.195 16.470
202312 16.912 123.773 17.949
202403 10.434 125.038 10.962
202406 13.107 125.882 13.678
202409 11.973 126.198 12.463
202412 15.927 127.041 16.469
202503 11.776 127.779 12.106
202506 15.804 128.412 16.167
202509 14.582 129.255 14.820
202512 20.271 129.361 20.585
202603 13.917 131.258 13.928
202606 16.815 131.364 16.815

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 4.04 mean?
OHB SE (FRA:OHB) has a Cyclically Adjusted PS Ratio of 4.04 as of Aug. 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 OHB SE and its competitors. This is 405% above median its historical median of 0.80. Over the past decade, OHB SE's Cyclically Adjusted PS Ratio has ranged from 0.53 to 9.42. According to the industry distribution chart, OHB SE ranks #130 out of 224 companies in the Aerospace & Defense industry, placing it in the top 58%.
Is OHB SE's Cyclically Adjusted PS Ratio too high?
OHB SE's current Cyclically Adjusted PS Ratio of 4.04 is 405% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 9.42. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.09. OHB SE's value of 4.04 is 31% above this industry median. Based on the distribution chart, OHB SE ranks #130 out of 224 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, OHB SE has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OHB SE's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, OHB SE ranks #130 out of 224 companies for Cyclically Adjusted PS Ratio. This places OHB SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.09. OHB SE's value of 4.04 is 31% above this benchmark. Historically, OHB SE's own Cyclically Adjusted PS Ratio has ranged from 0.53 to 9.42 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 3.09, OHB SE 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.09, based on 224 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. OHB SE's current Cyclically Adjusted PS Ratio of 4.04 is 31% 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 OHB SE and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OHB SE's current Cyclically Adjusted PS Ratio is 4.04, which is 405% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OHB SE stock overvalued right now?
Based on GuruFocus' analysis, OHB SE (FRA:OHB) is currently considered Significantly Overvalued. The stock's GF Value™ is €76.64, compared to a current price of €256.50 — trading 234.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.04, which is 405% above median its 10-year median of 0.80 and 31% above the Aerospace & Defense industry median of 3.09. OHB SE's overall GF Score™ is 72/100 with 5 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 OHB SE (FRA:OHB), the current Cyclically Adjusted PS Ratio is 4.04 as of Aug. 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 OHB SE (FRA:OHB) Overvalued in 2026?

Based on GuruFocus' analysis, OHB SE stock appears to be overvalued. The current stock price of €256.50 is trading 234.7% above its estimated GF Value™ of €76.64. GuruFocus considers OHB SE to be Significantly Overvalued.

Key valuation signals for FRA:OHB:

  • Cyclically Adjusted PS Ratio: 4.04 (405% above median its 10-year median of 0.80)
  • GF Value™: €76.64 vs. price of €256.50 (234.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 31% above the Aerospace & Defense median (#130 of 224)

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


OHB SE Business Description

Address Manfred-Fuchs-Platz 2-4, Bremen, NI, DEU, 28359
OHB SE is engaged in the production and distribution of and projects as well as the provision of high-technology services particularly in the areas of space and aeronautic technology, telematics, and satellite services. Its segments are the Space Systems segment concentrates on developing and executing space projects; The Access To Space segment assembles and develops aviation and space products as well as other industrial activities; The Digital segment offers a wide range of service activities including satellite operations, IT application based on satellite data for maritime and rail logistics or autonomous mobility as well as the procurement of rocket launches and the provision of IT services. The Space Systems segment derives majority of revenue.
72GF Score

Get the complete analysis for FRA:OHB

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

€256.50
Price
€76.64
GF Value