Rockwool AS (HAM:R902) Cyclically Adjusted PS Ratio: 1.69 (As of Jul. 29, 2026) — 19% Below Median

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HAM:R902 Rockwool AS HAM:R902
92 GF Score
Price €25.80
GF Value €30.12
! 1 Warning Sign
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What is Rockwool AS Cyclically Adjusted PS Ratio?

Rockwool AS HAM:R902 -1.53% 92 Cyclically Adjusted PS Ratio is 1.69 as of Jul. 29, 2026, which is 19% below its 10-year median of 2.08. GuruFocus rates HAM:R902 with a GF Score™ of 92/100 and a GF Value™ of €30.12. The stock has 1 warning sign investors should review. Among 1,357 Construction companies, Rockwool AS ranks worse than 76.86% on this metric.

As of today (2026-07-29), Rockwool AS's current share price is €25.80. Rockwool AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €15.28. Rockwool AS's Cyclically Adjusted PS Ratio for today is 1.69.

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

HAM:R902' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.08   Max: 3.45
Current: 1.72

During the past years, Rockwool AS's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 1.14. And the median was 2.08.

HAM:R902's Cyclically Adjusted PS Ratio is ranked worse than
76.86% of 1357 companies
in the Construction industry
Industry Median: 0.7 vs HAM:R902: 1.72

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.

Rockwool AS's adjusted revenue per share data for the three months ended in Mar. 2026 was €4.264. 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 €15.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockwool AS  (HAM:R902) 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.


Rockwool AS Cyclically Adjusted PS Ratio Related Terms


Rockwool AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rockwool AS'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.

Rockwool AS Cyclically Adjusted PS Ratio Chart

Rockwool AS 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 2.61 1.55 1.83 2.25 1.90

Rockwool AS 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 2.47 2.56 2.01 1.90 1.57

HAM:R902 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, Rockwool AS'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.


Rockwool AS Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Rockwool AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:R902
92GF Score
Rockwool AS HAM:R902
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Rockwool AS 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.

Rockwool AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.80/15.28
=1.69

* 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.

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

For example, Rockwool AS'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)
=4.264/121.6800*121.6800
=4.264

Current CPI (Mar. 2026) = 121.6800.

Rockwool AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.600 100.600 3.145
201609 2.667 100.200 3.239
201612 2.708 100.300 3.285
201703 2.481 101.200 2.983
201706 2.638 101.200 3.172
201709 2.750 101.800 3.287
201712 3.032 101.300 3.642
201803 2.792 101.700 3.341
201806 2.997 102.300 3.565
201809 3.096 102.400 3.679
201812 3.321 102.100 3.958
201903 2.924 102.900 3.458
201906 3.167 102.900 3.745
201909 3.209 102.900 3.795
201912 3.260 102.900 3.855
202003 2.979 103.300 3.509
202006 2.624 103.200 3.094
202009 3.045 103.500 3.580
202012 3.297 103.400 3.880
202103 3.059 104.300 3.569
202106 3.612 105.000 4.186
202109 3.733 105.800 4.293
202112 3.881 106.600 4.430
202203 4.253 109.900 4.709
202206 4.762 113.600 5.101
202209 4.713 116.400 4.927
202212 4.365 115.900 4.583
202303 3.997 117.300 4.146
202306 4.225 116.400 4.417
202309 4.225 117.400 4.379
202312 4.298 116.700 4.481
202403 4.273 118.400 4.391
202406 4.979 118.500 5.113
202409 4.322 118.900 4.423
202412 4.560 118.900 4.667
202503 3.905 120.200 3.953
202506 4.859 120.700 4.898
202509 4.736 121.600 4.739
202512 4.797 121.200 4.816
202603 4.264 121.680 4.264

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 1.69 mean?
Rockwool AS (HAM:R902) has a Cyclically Adjusted PS Ratio of 1.69 as of Jul. 29, 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 Rockwool AS and its competitors. This is 19% below median its historical median of 2.08. Over the past decade, Rockwool AS's Cyclically Adjusted PS Ratio has ranged from 1.14 to 3.45. According to the industry distribution chart, Rockwool AS ranks #1043 out of 1357 companies in the Construction industry, placing it in the top 76.9%.
Is Rockwool AS's Cyclically Adjusted PS Ratio too high?
Rockwool AS's current Cyclically Adjusted PS Ratio of 1.69 is 19% below median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 3.45. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Rockwool AS's value of 1.69 is 141.4% above this industry median. Based on the distribution chart, Rockwool AS ranks #1043 out of 1357 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Rockwool AS has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Rockwool AS's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Rockwool AS ranks #1043 out of 1357 companies for Cyclically Adjusted PS Ratio. This places Rockwool AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Rockwool AS's value of 1.69 is 141.4% above this benchmark. Historically, Rockwool AS's own Cyclically Adjusted PS Ratio has ranged from 1.14 to 3.45 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 0.70, Rockwool AS 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,357 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. Rockwool AS's current Cyclically Adjusted PS Ratio of 1.69 is 141.4% 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 Rockwool AS and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rockwool AS's current Cyclically Adjusted PS Ratio is 1.69, which is 19% below median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockwool AS stock overvalued right now?
Rockwool AS (HAM:R902) has a current Cyclically Adjusted PS Ratio of 1.69. The stock's GF Value™ is €30.12, compared to a current price of €25.80 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.69, which is 19% below median its 10-year median of 2.08 and 141.4% above the Construction industry median of 0.70. Rockwool AS's overall GF Score™ is 92/100 with 1 warning sign 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 Rockwool AS (HAM:R902), the current Cyclically Adjusted PS Ratio is 1.69 as of Jul. 29, 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 Rockwool AS (HAM:R902) Overvalued in 2026?

Based on GuruFocus' analysis, Rockwool AS stock appears to be undervalued. The current stock price of €25.80 is trading 14.3% below its estimated GF Value™ of €30.12.

Key valuation signals for HAM:R902:

  • Cyclically Adjusted PS Ratio: 1.69 (19% below median its 10-year median of 2.08)
  • GF Value™: €30.12 vs. price of €25.80 (14.3% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 141.4% above the Construction median (#1043 of 1357)

No single metric tells the full story. See the HAM:R902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rockwool AS Business Description

Address Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of revenue is from the Insulation Segment. The majority of sales come from Europe.
92GF Score

Get the complete analysis for HAM:R902

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

€25.80
Price
€30.12
GF Value