CropEnergies AG (HAM:CE2) Cyclically Adjusted PS Ratio: 1.88 (As of Jul. 11, 2026) — 68% Above Median


HAM:CE2 CropEnergies AG HAM:CE2
67 GF Score
Price €14.00
GF Value €14.55
Valuation Fairly Valued
! 4 Warning Signs
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What is CropEnergies AG Cyclically Adjusted PS Ratio?

CropEnergies AG HAM:CE2 +0.72% 67 Cyclically Adjusted PS Ratio is 1.88 as of Jul. 11, 2026, which is 68% above its 10-year median of 1.12. GuruFocus rates HAM:CE2 with a GF Score™ of 67/100 and a GF Value™ of €14.55 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,275 Chemicals companies, CropEnergies AG ranks worse than 78431.29% on this metric.

As of today (2026-07-11), CropEnergies AG's current share price is €14.00. CropEnergies AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb26 was €7.45. CropEnergies AG's Cyclically Adjusted PS Ratio for today is 1.88.

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

HAM:CE2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.12   Max: 1.88
Current: 1.88

During the past 13 years, CropEnergies AG's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.46. And the median was 1.12.

HAM:CE2's Cyclically Adjusted PS Ratio is not ranked
in the Chemicals industry.
Industry Median: 1.35 vs HAM:CE2: 1.88

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.

CropEnergies AG's adjusted revenue per share data of for the fiscal year that ended in Feb26 was €0.052. 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 €7.45 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


CropEnergies AG  (HAM:CE2) 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.


CropEnergies AG Cyclically Adjusted PS Ratio Related Terms


CropEnergies AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CropEnergies 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.

CropEnergies AG Cyclically Adjusted PS Ratio Chart

CropEnergies AG Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.13 1.23 1.64 1.84

CropEnergies AG Semi-Annual Data
Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
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 1.13 1.13 1.23 1.64 1.84

HAM:CE2 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, CropEnergies 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.


CropEnergies AG Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, CropEnergies AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:CE2
67GF Score
CropEnergies AG HAM:CE2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CropEnergies 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.00/7.45
=1.88

* 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.

CropEnergies AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb26 is calculated as:

For example, CropEnergies AG's adjusted Revenue per Share data for the fiscal year that ended in Feb26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=0.052/129.7823*129.7823
=0.052

Current CPI (Feb26) = 129.7823.

CropEnergies AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201702 9.189 101.217 11.782
201802 10.108 102.317 12.821
201902 8.924 103.817 11.156
202002 10.306 105.618 12.664
202102 9.549 107.018 11.580
202202 12.325 111.754 14.313
202302 0.036 121.454 0.038
202402 0.044 124.511 0.046
202502 0.056 127.358 0.057
202602 0.052 129.782 0.052

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 1.88 mean?
CropEnergies AG (HAM:CE2) has a Cyclically Adjusted PS Ratio of 1.88 as of Jul. 11, 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 CropEnergies AG and its competitors. This is 68% above median its historical median of 1.12. Over the past decade, CropEnergies AG's Cyclically Adjusted PS Ratio has ranged from 0.46 to 1.88. According to the industry distribution chart, CropEnergies AG ranks #999999 out of 1275 companies in the Chemicals industry.
Is CropEnergies AG's Cyclically Adjusted PS Ratio too high?
CropEnergies AG's current Cyclically Adjusted PS Ratio of 1.88 is 68% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.88. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.35. CropEnergies AG's value of 1.88 is 39.3% above this industry median. Based on the distribution chart, CropEnergies AG ranks #999999 out of 1275 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, CropEnergies AG has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CropEnergies AG's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, CropEnergies AG ranks #999999 out of 1275 companies for Cyclically Adjusted PS Ratio. This places CropEnergies AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. CropEnergies AG's value of 1.88 is 39.3% above this benchmark. Historically, CropEnergies AG's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 1.88 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.35, CropEnergies AG 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.35, based on 1,275 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. CropEnergies AG's current Cyclically Adjusted PS Ratio of 1.88 is 39.3% 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 CropEnergies AG and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CropEnergies AG's current Cyclically Adjusted PS Ratio is 1.88, which is 68% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CropEnergies AG stock overvalued right now?
Based on GuruFocus' analysis, CropEnergies AG (HAM:CE2) is currently considered Fairly Valued. The stock's GF Value™ is €14.55, compared to a current price of €14.00 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.88, which is 68% above median its 10-year median of 1.12 and 39.3% above the Chemicals industry median of 1.35. CropEnergies AG's overall GF Score™ is 67/100 with 4 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 CropEnergies AG (HAM:CE2), the current Cyclically Adjusted PS Ratio is 1.88 as of Jul. 11, 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 CropEnergies AG (HAM:CE2) Overvalued in 2026?

Based on GuruFocus' analysis, CropEnergies AG stock appears to be undervalued. The current stock price of €14.00 is trading 3.8% below its estimated GF Value™ of €14.55. GuruFocus considers CropEnergies AG to be Fairly Valued.

Key valuation signals for HAM:CE2:

  • Cyclically Adjusted PS Ratio: 1.88 (68% above median its 10-year median of 1.12)
  • GF Value™: €14.55 vs. price of €14.00 (3.8% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 39.3% above the Chemicals median (#999999 of 1275)

No single metric tells the full story. See the HAM:CE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CropEnergies AG Business Description

Address Maximilianstrasse 10, Mannheim, BW, DEU, D-68165
CropEnergies AG is a German company which manufactures bioethanol for the fuel sector from cereals and sugar beet. The company also produces various food and animal feed products such as ProtiWanze, a liquid protein animal feed for feeding ruminants and pigs, as well as a high-grade dry stillage protein animal feed. In addition, it produces neutral alcohol for the beverage, food, cosmetics and pharmaceutical industries, as well as for industrial applications, such as the production of windscreen washer fluid and disinfectants.
67GF Score

Get the complete analysis for HAM:CE2

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

€14.00
Price
€14.55
GF Value