METRO AG (HAM:B4B) Cyclically Adjusted PS Ratio: 0.08 (As of Jul. 26, 2026) — 33% Above Median

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HAM:B4B METRO AG HAM:B4B
69 GF Score
Price €7.30
GF Value €5.44
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is METRO AG Cyclically Adjusted PS Ratio?

METRO AG HAM:B4B 69 Cyclically Adjusted PS Ratio is 0.08 as of Jul. 26, 2026, which is 33% above its 10-year median of 0.06. GuruFocus rates HAM:B4B with a GF Score™ of 69/100 and a GF Value™ of €5.44 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 240 Retail - Defensive companies, METRO AG ranks better than 94.17% on this metric.

As of today (2026-07-26), METRO AG's current share price is €7.30. METRO AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €93.53. METRO AG's Cyclically Adjusted PS Ratio for today is 0.08.

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

HAM:B4B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.06   Max: 0.08
Current: 0.08

During the past years, METRO AG's highest Cyclically Adjusted PS Ratio was 0.08. The lowest was 0.06. And the median was 0.06.

HAM:B4B's Cyclically Adjusted PS Ratio is ranked better than
94.17% of 240 companies
in the Retail - Defensive industry
Industry Median: 0.44 vs HAM:B4B: 0.08

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.

METRO AG's adjusted revenue per share data for the three months ended in Mar. 2026 was €20.115. 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 €93.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


METRO AG  (HAM:B4B) 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.


METRO AG Cyclically Adjusted PS Ratio Related Terms


METRO AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for METRO AG'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.

METRO AG Cyclically Adjusted PS Ratio Chart

METRO AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.06

METRO AG 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 0.06 0.06 0.06 0.06 0.07

HAM:B4B vs SYY, USFD, PFGC: Cyclically Adjusted PS Ratio Comparison

For the Food Distribution subindustry, METRO AG'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.


METRO AG Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, METRO AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:B4B
69GF Score
METRO AG HAM:B4B
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

METRO AG 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.

METRO AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.30/93.53
=0.08

* 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.

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

For example, METRO AG'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)
=20.115/131.2583*131.2583
=20.115

Current CPI (Mar. 2026) = 131.2583.

METRO AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 23.964 100.717 31.231
201609 25.568 101.017 33.222
201612 27.674 101.217 35.888
201703 22.842 101.417 29.563
201706 26.142 102.117 33.602
201709 5.411 102.717 6.915
201712 22.251 102.617 28.461
201803 19.067 102.917 24.318
201806 19.682 104.017 24.837
201809 12.619 104.718 15.817
201812 20.449 104.217 25.755
201903 15.824 104.217 19.930
201906 19.311 105.718 23.976
201909 18.932 106.018 23.439
201912 19.980 105.818 24.784
202003 16.568 105.718 20.571
202006 15.334 106.618 18.878
202009 17.771 105.818 22.044
202012 17.283 105.518 21.499
202103 13.878 107.518 16.942
202106 16.857 108.486 20.395
202109 17.014 109.435 20.407
202112 21.057 110.384 25.039
202203 17.152 113.968 19.754
202206 21.823 115.760 24.745
202209 22.257 118.818 24.587
202212 22.472 119.345 24.715
202303 18.693 122.402 20.045
202306 21.081 123.140 22.471
202309 22.599 124.195 23.884
202312 22.472 123.773 23.831
202403 18.943 125.038 19.885
202406 21.267 125.882 22.175
202409 24.162 126.198 25.131
202412 24.002 127.041 24.799
202503 19.710 127.779 20.247
202506 23.322 128.412 23.839
202509 23.238 129.255 23.598
202512 23.604 129.361 23.950
202603 20.115 131.258 20.115

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 0.08 mean?
METRO AG (HAM:B4B) has a Cyclically Adjusted PS Ratio of 0.08 as of Jul. 26, 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 METRO AG and its competitors. This is 33% above median its historical median of 0.06. Over the past decade, METRO AG's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.08. According to the industry distribution chart, METRO AG ranks #14 out of 240 companies in the Retail - Defensive industry, placing it in the top 5.8%.
Is METRO AG's Cyclically Adjusted PS Ratio too high?
METRO AG's current Cyclically Adjusted PS Ratio of 0.08 is 33% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.08. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.44. METRO AG's value of 0.08 is 81.8% below this industry median. Based on the distribution chart, METRO AG ranks #14 out of 240 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, METRO AG has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does METRO AG's Cyclically Adjusted PS Ratio compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, METRO AG ranks #14 out of 240 companies for Cyclically Adjusted PS Ratio. This places METRO AG in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.44. METRO AG's value of 0.08 is 81.8% below this benchmark. Historically, METRO AG's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.08 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.44, METRO AG 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 Retail - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.44, based on 240 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. METRO AG's current Cyclically Adjusted PS Ratio of 0.08 is 81.8% 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 METRO AG and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PS Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. METRO AG's current Cyclically Adjusted PS Ratio is 0.08, which is 33% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is METRO AG stock overvalued right now?
Based on GuruFocus' analysis, METRO AG (HAM:B4B) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.44, compared to a current price of €7.30 — trading 34.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.08, which is 33% above median its 10-year median of 0.06 and 81.8% below the Retail - Defensive industry median of 0.44. METRO AG's overall GF Score™ is 69/100 with 10 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 METRO AG (HAM:B4B), the current Cyclically Adjusted PS Ratio is 0.08 as of Jul. 26, 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 METRO AG (HAM:B4B) Overvalued in 2026?

Based on GuruFocus' analysis, METRO AG stock appears to be overvalued. The current stock price of €7.30 is trading 34.2% above its estimated GF Value™ of €5.44. GuruFocus considers METRO AG to be Significantly Overvalued.

Key valuation signals for HAM:B4B:

  • Cyclically Adjusted PS Ratio: 0.08 (33% above median its 10-year median of 0.06)
  • GF Value™: €5.44 vs. price of €7.30 (34.2% above fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 81.8% below the Retail - Defensive median (#14 of 240)

No single metric tells the full story. See the HAM:B4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


METRO AG Business Description

Other Exchanges MEO2:Austria
Address Metro-Strasse 1, Dusseldorf, NW, DEU, 40235
METRO AG is an international food wholesaler operating in more than 30 countries under the METRO and MAKRO brands, serving as the central management holding company. The company provides food and non-food products to professional customers, mainly HoReCa and Traders, through a multichannel model that combines wholesale stores, delivery services, and digital solutions. Its offerings include assortments tailored to professional needs, digital services through DISH Digital Solutions, a B2B online marketplace via METRO MARKETS, and real estate activities through METRO PROPERTIES. METRO operates through the segments Germany, West, Russia, East, and Others, which include digital units and logistics, IT, and procurement services.
69GF Score

Get the complete analysis for HAM:B4B

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

€7.30
Price
€5.44
GF Value