Solvay (HAM:SOL) Cyclically Adjusted PS Ratio: 0.24 (As of Jul. 12, 2026) — 33% Above Median


HAM:SOL Solvay SA HAM:SOL
51 GF Score
Price €26.06
GF Value €25.64
Valuation Fairly Valued
! 7 Warning Signs
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What is Solvay Cyclically Adjusted PS Ratio?

Solvay HAM:SOL -0.38% 51 Cyclically Adjusted PS Ratio is 0.24 as of Jul. 12, 2026, which is 33% above its 10-year median of 0.18. GuruFocus rates HAM:SOL with a GF Score™ of 51/100 and a GF Value™ of €25.64 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,279 Chemicals companies, Solvay ranks better than 90.93% on this metric.

As of today (2026-07-12), Solvay's current share price is €26.06. Solvay's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €110.75. Solvay's Cyclically Adjusted PS Ratio for today is 0.24.

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

HAM:SOL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.18   Max: 0.32
Current: 0.24

During the past years, Solvay's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.10. And the median was 0.18.

HAM:SOL's Cyclically Adjusted PS Ratio is ranked better than
90.93% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs HAM:SOL: 0.24

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.

Solvay's adjusted revenue per share data for the three months ended in Mar. 2026 was €10.866. 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 €110.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solvay  (HAM:SOL) 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.


Solvay Cyclically Adjusted PS Ratio Related Terms


Solvay Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Solvay'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.

Solvay Cyclically Adjusted PS Ratio Chart

Solvay 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 0.16 0.14 0.21 0.26 0.24

Solvay 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 0.27 0.25 0.24 0.24 0.24

HAM:SOL vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Solvay'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.


Solvay Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


HAM:SOL
51GF Score
Solvay SA HAM:SOL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Solvay 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.

Solvay's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.06/110.75
=0.24

* 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.

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

For example, Solvay'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)
=10.866/135.0710*135.0710
=10.866

Current CPI (Mar. 2026) = 135.0710.

Solvay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 27.235 102.267 35.971
201609 23.971 102.118 31.706
201612 24.901 102.614 32.777
201703 27.338 103.972 35.515
201706 26.766 103.902 34.795
201709 25.330 104.170 32.844
201712 26.090 104.804 33.625
201803 27.031 105.419 34.634
201806 27.173 106.063 34.605
201809 27.367 106.618 34.670
201812 27.350 107.252 34.444
201903 27.613 107.876 34.574
201906 27.839 107.896 34.851
201909 26.900 107.470 33.809
201912 26.169 108.065 32.709
202003 25.982 108.550 32.330
202006 22.692 108.540 28.239
202009 22.023 108.441 27.431
202012 23.435 108.511 29.171
202103 25.171 109.522 31.043
202106 25.883 110.305 31.694
202109 27.630 111.543 33.458
202112 31.555 114.705 37.158
202203 35.543 118.620 40.473
202206 39.091 120.948 43.655
202209 42.455 124.120 46.201
202212 37.233 126.578 39.731
202303 16.695 126.528 17.822
202306 14.880 125.973 15.955
202309 12.968 127.083 13.783
202312 12.749 128.292 13.423
202403 12.223 130.552 12.646
202406 12.503 130.691 12.922
202409 11.835 130.968 12.206
202412 11.891 132.346 12.136
202503 11.770 134.348 11.833
202506 11.482 133.495 11.618
202509 11.330 133.743 11.443
202512 10.403 135.071 10.403
202603 10.866 135.071 10.866

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 0.24 mean?
Solvay (HAM:SOL) has a Cyclically Adjusted PS Ratio of 0.24 as of Jul. 12, 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 Solvay and its competitors. This is 33% above median its historical median of 0.18. Over the past decade, Solvay's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.32. According to the industry distribution chart, Solvay ranks #116 out of 1279 companies in the Chemicals industry, placing it in the top 9.1%.
Is Solvay's Cyclically Adjusted PS Ratio too high?
Solvay's current Cyclically Adjusted PS Ratio of 0.24 is 33% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.32. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Solvay's value of 0.24 is 81.8% below this industry median. Based on the distribution chart, Solvay ranks #116 out of 1279 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Solvay has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solvay's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Solvay ranks #116 out of 1279 companies for Cyclically Adjusted PS Ratio. This places Solvay in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.32. Solvay's value of 0.24 is 81.8% below this benchmark. Historically, Solvay's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.32 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.32, Solvay 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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. Solvay's current Cyclically Adjusted PS Ratio of 0.24 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 Solvay and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solvay's current Cyclically Adjusted PS Ratio is 0.24, which is 33% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solvay stock overvalued right now?
Based on GuruFocus' analysis, Solvay (HAM:SOL) is currently considered Fairly Valued. The stock's GF Value™ is €25.64, compared to a current price of €26.06 — trading 1.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is 33% above median its 10-year median of 0.18 and 81.8% below the Chemicals industry median of 1.32. Solvay's overall GF Score™ is 51/100 with 7 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 Solvay (HAM:SOL), the current Cyclically Adjusted PS Ratio is 0.24 as of Jul. 12, 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 Solvay (HAM:SOL) Overvalued in 2026?

Based on GuruFocus' analysis, Solvay stock appears to be overvalued. The current stock price of €26.06 is trading 1.6% above its estimated GF Value™ of €25.64. GuruFocus considers Solvay to be Fairly Valued.

Key valuation signals for HAM:SOL:

  • Cyclically Adjusted PS Ratio: 0.24 (33% above median its 10-year median of 0.18)
  • GF Value™: €25.64 vs. price of €26.06 (1.6% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 81.8% below the Chemicals median (#116 of 1279)

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


Solvay Business Description

Address Rue De Ransbeek, 310, Brussels, BEL, 1120
Solvay SA is a Belgium-based producer of chemicals, plastics, and composites, operating businesses in soda ash, peroxides, silica, rare earths, and fluorine. The company's segments are: Basic Chemicals, including soda ash, bicarbonate, and peroxides, serving mature and resilient markets such as building and construction, consumer goods, and food; Performance Chemicals, through Silica, Coatis, Rare Earths, and Fluorine (GBU Special Chem), offering customized products based on formulations and application expertise; and Corporate, comprising corporate and other business services, including Business Services, Procurement, and Energy expertise. Its products serve diverse end markets, including Consumer, Home & Personal Care, Healthcare, Automotive, Food & Feed, and others.
51GF Score

Get the complete analysis for HAM:SOL

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

€26.06
Price
€25.64
GF Value