Hilltop Holdings (FRA:WXF) Cyclically Adjusted PS Ratio: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:WXF Hilltop Holdings Inc FRA:WXF
63 GF Score
Price €33.60
GF Value €31.00
Valuation Fairly Valued
! 7 Warning Signs
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What is Hilltop Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hilltop Holdings  (FRA:WXF) 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.


Hilltop Holdings Cyclically Adjusted PS Ratio Related Terms


Hilltop Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hilltop Holdings'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.

Hilltop Holdings Cyclically Adjusted PS Ratio Chart

Hilltop Holdings 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 2.14 1.60 1.79 1.41 1.63

Hilltop Holdings 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 1.46 1.60 1.63 1.69 0.00

FRA:WXF vs TREE, TMS, RILY: Cyclically Adjusted PS Ratio Comparison

For the Financial Conglomerates subindustry, Hilltop Holdings'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.


Hilltop Holdings Cyclically Adjusted PS Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hilltop Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:WXF
63GF Score
Hilltop Holdings Inc FRA:WXF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hilltop Holdings 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.

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

For example, Hilltop Holdings'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)
=4.73/333.9520*333.9520
=4.730

Current CPI (Jun. 2026) = 333.9520.

Hilltop Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.998 241.428 5.530
201612 3.433 241.432 4.749
201703 3.442 243.801 4.715
201706 4.166 244.955 5.680
201709 3.515 246.819 4.756
201712 2.757 246.524 3.735
201803 2.856 249.554 3.822
201806 3.450 251.989 4.572
201809 3.442 252.439 4.553
201812 1.381 251.233 1.836
201903 3.064 254.202 4.025
201906 3.638 256.143 4.743
201909 4.145 256.759 5.391
201912 3.099 256.974 4.027
202003 3.818 258.115 4.940
202006 5.640 257.797 7.306
202009 5.691 260.280 7.302
202012 4.543 260.474 5.825
202103 5.318 264.877 6.705
202106 4.522 271.696 5.558
202109 4.992 274.310 6.077
202112 3.373 278.802 4.040
202203 3.620 287.504 4.205
202206 4.501 296.311 5.073
202209 5.161 296.808 5.807
202212 3.240 296.797 3.646
202303 4.087 301.836 4.522
202306 4.383 305.109 4.797
202309 4.497 307.789 4.879
202312 3.188 306.746 3.471
202403 4.024 312.332 4.303
202406 4.239 314.175 4.506
202409 4.238 315.301 4.489
202412 3.454 315.605 3.655
202503 4.559 319.799 4.761
202506 4.132 322.561 4.278
202509 4.525 324.800 4.653
202512 3.782 324.054 3.898
202603 4.390 330.213 4.440
202606 4.730 333.952 4.730

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.

Is Hilltop Holdings (FRA:WXF) Overvalued in 2026?

Based on GuruFocus' analysis, Hilltop Holdings stock appears to be overvalued. The current stock price of €33.60 is trading 8.4% above its estimated GF Value™ of €31.00. GuruFocus considers Hilltop Holdings to be Fairly Valued.

Key valuation signals for FRA:WXF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €31.00 vs. price of €33.60 (8.4% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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


Hilltop Holdings Business Description

Other Exchanges HTH:USA
Address 6565 Hillcrest Avenue, Dallas, TX, USA, 75205
Hilltop Holdings Inc is a Dallas-based financial holding company. The company has three segments: The banking segment includes the operations of the Bank; The broker-dealer segment includes the operations of Securities Holdings,; and the mortgage origination segment is composed of PrimeLending. Majority of revenue is from Broker-dealer Segment.
63GF Score

Get the complete analysis for FRA:WXF

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

€33.60
Price
€31.00
GF Value