Allwyn AG (HAM:GF8) Cyclically Adjusted PS Ratio: 3.16 (As of Jul. 19, 2026) — 25% Below Median

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HAM:GF8 Allwyn AG HAM:GF8
78 GF Score
Price €13.41
GF Value €20.61
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Allwyn AG Cyclically Adjusted PS Ratio?

Allwyn AG HAM:GF8 +1.02% 78 Cyclically Adjusted PS Ratio is 3.16 as of Jul. 19, 2026, which is 25% below its 10-year median of 4.19. GuruFocus rates HAM:GF8 with a GF Score™ of 78/100 and a GF Value™ of €20.61 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 672 Travel & Leisure companies, Allwyn AG ranks worse than 75.45% on this metric.

As of today (2026-07-19), Allwyn AG's current share price is €13.41. Allwyn AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.25. Allwyn AG's Cyclically Adjusted PS Ratio for today is 3.16.

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

HAM:GF8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 4.19   Max: 6.24
Current: 3.16

During the past years, Allwyn AG's highest Cyclically Adjusted PS Ratio was 6.24. The lowest was 1.57. And the median was 4.19.

HAM:GF8's Cyclically Adjusted PS Ratio is ranked worse than
75.45% of 672 companies
in the Travel & Leisure industry
Industry Median: 1.28 vs HAM:GF8: 3.16

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.

Allwyn AG's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.227. 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 €4.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allwyn AG  (HAM:GF8) 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.


Allwyn AG Cyclically Adjusted PS Ratio Related Terms


Allwyn AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Allwyn 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.

Allwyn AG Cyclically Adjusted PS Ratio Chart

Allwyn AG 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 4.24 4.23 4.57 4.29 4.80

Allwyn 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 4.90 5.03 5.08 4.80 3.18

HAM:GF8 vs FLUT, DKNG, SGHC: Cyclically Adjusted PS Ratio Comparison

For the Gambling subindustry, Allwyn 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.


Allwyn AG Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Allwyn AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:GF8
78GF Score
Allwyn AG HAM:GF8
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allwyn 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.41/4.25
=3.16

* 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.

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

For example, Allwyn 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)
=1.227/124.8200*124.8200
=1.227

Current CPI (Mar. 2026) = 124.8200.

Allwyn AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.390 100.121 0.486
201609 0.411 99.878 0.514
201612 1.640 100.110 2.045
201703 0.752 100.770 0.931
201706 0.693 101.138 0.855
201709 0.752 100.882 0.930
201712 0.865 100.762 1.072
201803 0.796 100.534 0.988
201806 0.762 102.121 0.931
201809 0.779 101.982 0.953
201812 0.935 101.330 1.152
201903 0.841 101.482 1.034
201906 0.816 101.837 1.000
201909 0.830 101.906 1.017
201912 0.924 102.120 1.129
202003 0.676 101.479 0.831
202006 0.354 100.239 0.441
202009 0.771 99.886 0.963
202012 0.415 99.751 0.519
202103 0.316 99.817 0.395
202106 0.789 101.270 0.972
202109 0.936 102.095 1.144
202112 0.988 104.853 1.176
202203 0.891 108.651 1.024
202206 0.866 113.517 0.952
202209 0.957 114.371 1.044
202212 1.403 112.428 1.558
202303 1.005 113.620 1.104
202306 0.953 115.515 1.030
202309 0.891 116.234 0.957
202312 1.424 116.364 1.527
202403 1.031 117.285 1.097
202406 1.003 118.129 1.060
202409 1.073 119.650 1.119
202412 1.235 119.360 1.291
202503 1.120 120.133 1.164
202506 1.058 121.399 1.088
202509 1.164 121.950 1.191
202512 1.243 122.450 1.267
202603 1.227 124.820 1.227

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 3.16 mean?
Allwyn AG (HAM:GF8) has a Cyclically Adjusted PS Ratio of 3.16 as of Jul. 19, 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 Allwyn AG and its competitors. This is 25% below median its historical median of 4.19. Over the past decade, Allwyn AG's Cyclically Adjusted PS Ratio has ranged from 1.57 to 6.24. According to the industry distribution chart, Allwyn AG ranks #507 out of 672 companies in the Travel & Leisure industry, placing it in the top 75.4%.
Is Allwyn AG's Cyclically Adjusted PS Ratio too high?
Allwyn AG's current Cyclically Adjusted PS Ratio of 3.16 is 25% below median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 6.24. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.28. Allwyn AG's value of 3.16 is 146.9% above this industry median. Based on the distribution chart, Allwyn AG ranks #507 out of 672 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Allwyn AG has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Allwyn AG's Cyclically Adjusted PS Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Allwyn AG ranks #507 out of 672 companies for Cyclically Adjusted PS Ratio. This places Allwyn AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. Allwyn AG's value of 3.16 is 146.9% above this benchmark. Historically, Allwyn AG's own Cyclically Adjusted PS Ratio has ranged from 1.57 to 6.24 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.28, Allwyn 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.28, based on 672 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. Allwyn AG's current Cyclically Adjusted PS Ratio of 3.16 is 146.9% 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 Allwyn AG and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allwyn AG's current Cyclically Adjusted PS Ratio is 3.16, which is 25% below median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allwyn AG stock overvalued right now?
Based on GuruFocus' analysis, Allwyn AG (HAM:GF8) is currently considered Possible Value Trap. The stock's GF Value™ is €20.61, compared to a current price of €13.41 — trading 34.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.16, which is 25% below median its 10-year median of 4.19 and 146.9% above the Travel & Leisure industry median of 1.28. Allwyn AG's overall GF Score™ is 78/100 with 6 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 Allwyn AG (HAM:GF8), the current Cyclically Adjusted PS Ratio is 3.16 as of Jul. 19, 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 Allwyn AG (HAM:GF8) Overvalued in 2026?

Based on GuruFocus' analysis, Allwyn AG stock appears to be undervalued. The current stock price of €13.41 is trading 34.9% below its estimated GF Value™ of €20.61. GuruFocus considers Allwyn AG to be Possible Value Trap.

Key valuation signals for HAM:GF8:

  • Cyclically Adjusted PS Ratio: 3.16 (25% below median its 10-year median of 4.19)
  • GF Value™: €20.61 vs. price of €13.41 (34.9% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 146.9% above the Travel & Leisure median (#507 of 672)

No single metric tells the full story. See the HAM:GF8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allwyn AG Business Description

Address 112 Athinon Avenue, Attica, Athens, GRC, 104 42
Allwyn AG, formerly known as OPAP Holding SA, is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, Other online games, Instant and Passives, VLTs, Telecommunication and eMoney services. It generates the majority of its revenue from the Lotteries segment. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.
78GF Score

Get the complete analysis for HAM:GF8

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

€13.41
Price
€20.61
GF Value