HELLENiQ ENERGY Holdings (HAM:HLPN) Cyclically Adjusted PS Ratio: (As of Aug. 24, 2026)

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Director of Data and Quant Analytics at GuruFocus
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HAM:HLPN HELLENiQ ENERGY Holdings SA HAM:HLPN
46 GF Score
Price €14.98
GF Value €8.46
Valuation Significantly Overvalued
! 8 Warning Signs
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What is HELLENiQ ENERGY Holdings Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


HELLENiQ ENERGY Holdings  (HAM:HLPN) 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.


HELLENiQ ENERGY Holdings Cyclically Adjusted PS Ratio Related Terms


HELLENiQ ENERGY Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HELLENiQ ENERGY 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.

HELLENiQ ENERGY Holdings Cyclically Adjusted PS Ratio Chart

HELLENiQ ENERGY 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 0.22 0.24 0.22 0.22 0.23

HELLENiQ ENERGY 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 0.23 0.23 0.23 0.26 0.28

HAM:HLPN vs : Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, HELLENiQ ENERGY 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.


HELLENiQ ENERGY Holdings Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HELLENiQ ENERGY Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:HLPN
46GF Score
HELLENiQ ENERGY Holdings SA HAM:HLPN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HELLENiQ ENERGY 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.

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

For example, HELLENiQ ENERGY 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)
=14.031/126.7200*126.7200
=14.031

Current CPI (Jun. 2026) = 126.7200.

HELLENiQ ENERGY Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.109 99.878 7.751
201612 5.910 100.110 7.481
201703 6.759 100.770 8.500
201706 6.544 101.138 8.199
201709 5.968 100.882 7.497
201712 6.893 100.762 8.669
201803 7.095 100.534 8.943
201806 8.175 102.121 10.144
201809 8.750 101.982 10.873
201812 7.944 101.330 9.935
201903 6.515 101.482 8.135
201906 8.067 101.837 10.038
201909 7.683 101.906 9.554
201912 6.714 102.120 8.331
202003 6.279 101.479 7.841
202006 3.491 100.239 4.413
202009 4.822 99.886 6.117
202012 4.326 99.751 5.496
202103 5.635 99.817 7.154
202106 7.312 101.270 9.150
202109 7.991 102.095 9.918
202112 9.236 104.853 11.162
202203 9.171 108.651 10.696
202206 13.004 113.517 14.516
202209 13.707 114.371 15.187
202212 11.587 112.428 13.060
202303 10.186 113.620 11.360
202306 9.744 115.515 10.689
202309 11.150 116.234 12.156
202312 10.810 116.364 11.772
202403 10.796 117.285 11.665
202406 10.712 118.129 11.491
202409 10.501 119.650 11.121
202412 8.654 119.360 9.188
202503 7.756 120.133 8.181
202506 7.960 121.399 8.309
202509 10.912 121.950 11.339
202512 10.262 122.450 10.620
202603 8.915 124.820 9.051
202606 14.031 126.720 14.031

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 HELLENiQ ENERGY Holdings (HAM:HLPN) Overvalued in 2026?

Based on GuruFocus' analysis, HELLENiQ ENERGY Holdings stock appears to be overvalued. The current stock price of €14.98 is trading 77.1% above its estimated GF Value™ of €8.46. GuruFocus considers HELLENiQ ENERGY Holdings to be Significantly Overvalued.

Key valuation signals for HAM:HLPN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €8.46 vs. price of €14.98 (77.1% above fair value)
  • GF Score™: 46/100 with 8 warning signs

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


HELLENiQ ENERGY Holdings Business Description

Industry EnergyOil & Gas
Comparable Companies
Other Exchanges HLPMF:USAELPE:Greece0K9U:UK
Address 8A Chimarras Street, Maroussi, GRC, 151 25
HELLENiQ ENERGY Holdings SA is a holding company and provides administrative and financial services to its subsidiaries. The company operates in the energy sector predominantly in Greece, as well as in the wider South Eastern Europe / East Mediterranean region. Its segments include Refining, Supply and Trading, Production and Trading of Petrochemicals, Marketing (Domestic and International), Power (Renewable Energy Sources and Power & Gas), Exploration and Production of Hydrocarbons and Electromobility. The majority of the revenue is derived from the Refining segment.
46GF Score

Get the complete analysis for HAM:HLPN

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

€14.98
Price
€8.46
GF Value