TAG Immobilien AG (HAM:TEG) Cyclically Adjusted PS Ratio: 2.78 (As of Jul. 29, 2026) — 42% Below Median

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HAM:TEG TAG Immobilien AG HAM:TEG
63 GF Score
Price €13.52
GF Value €7.78
Valuation Significantly Overvalued
! 7 Warning Signs
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What is TAG Immobilien AG Cyclically Adjusted PS Ratio?

TAG Immobilien AG HAM:TEG +1.81% 63 Cyclically Adjusted PS Ratio is 2.78 as of Jul. 29, 2026, which is 42% below its 10-year median of 4.80. GuruFocus rates HAM:TEG with a GF Score™ of 63/100 and a GF Value™ of €7.78 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,356 Real Estate companies, TAG Immobilien AG ranks worse than 60.69% on this metric.

As of today (2026-07-29), TAG Immobilien AG's current share price is €13.52. TAG Immobilien AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.87. TAG Immobilien AG's Cyclically Adjusted PS Ratio for today is 2.78.

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

HAM:TEG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 4.8   Max: 8.67
Current: 2.82

During the past years, TAG Immobilien AG's highest Cyclically Adjusted PS Ratio was 8.67. The lowest was 1.48. And the median was 4.80.

HAM:TEG's Cyclically Adjusted PS Ratio is ranked worse than
60.69% of 1356 companies
in the Real Estate industry
Industry Median: 1.78 vs HAM:TEG: 2.82

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.

TAG Immobilien AG's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.209. 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 €4.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAG Immobilien AG  (HAM:TEG) 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.


TAG Immobilien AG Cyclically Adjusted PS Ratio Related Terms


TAG Immobilien AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TAG Immobilien 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.

TAG Immobilien AG Cyclically Adjusted PS Ratio Chart

TAG Immobilien 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 7.07 1.57 3.00 3.08 2.76

TAG Immobilien 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 2.65 3.16 3.03 2.76 2.74

TAG Immobilien AG Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, TAG Immobilien 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.


TAG Immobilien AG Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, TAG Immobilien AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:TEG
63GF Score
TAG Immobilien AG HAM:TEG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAG Immobilien 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.52/4.87
=2.78

* 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.

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

For example, TAG Immobilien 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)
=1.209/131.2583*131.2583
=1.209

Current CPI (Mar. 2026) = 131.2583.

TAG Immobilien AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.565 100.717 0.736
201609 0.495 101.017 0.643
201612 0.550 101.217 0.713
201703 0.779 101.417 1.008
201706 0.805 102.117 1.035
201709 0.780 102.717 0.997
201712 1.055 102.617 1.349
201803 0.798 102.917 1.018
201806 0.960 104.017 1.211
201809 0.796 104.718 0.998
201812 0.616 104.217 0.776
201903 0.728 104.217 0.917
201906 0.669 105.718 0.831
201909 0.895 106.018 1.108
201912 0.640 105.818 0.794
202003 0.811 105.718 1.007
202006 0.783 106.618 0.964
202009 1.024 105.818 1.270
202012 1.566 105.518 1.948
202103 1.143 107.518 1.395
202106 0.884 108.486 1.070
202109 1.218 109.435 1.461
202112 0.577 110.384 0.686
202203 1.023 113.968 1.178
202206 1.155 115.760 1.310
202209 1.008 118.818 1.114
202212 1.969 119.345 2.166
202303 1.195 122.402 1.281
202306 1.428 123.140 1.522
202309 1.831 124.195 1.935
202312 2.368 123.773 2.511
202403 1.525 125.038 1.601
202406 1.309 125.882 1.365
202409 1.805 126.198 1.877
202412 1.181 127.041 1.220
202503 1.293 127.779 1.328
202506 1.195 128.412 1.221
202509 1.149 129.255 1.167
202512 1.042 129.361 1.057
202603 1.209 131.258 1.209

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 2.78 mean?
TAG Immobilien AG (HAM:TEG) has a Cyclically Adjusted PS Ratio of 2.78 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 TAG Immobilien AG and its competitors. This is 42% below median its historical median of 4.80. Over the past decade, TAG Immobilien AG's Cyclically Adjusted PS Ratio has ranged from 1.48 to 8.67. According to the industry distribution chart, TAG Immobilien AG ranks #823 out of 1356 companies in the Real Estate industry, placing it in the top 60.7%.
Is TAG Immobilien AG's Cyclically Adjusted PS Ratio too high?
TAG Immobilien AG's current Cyclically Adjusted PS Ratio of 2.78 is 42% below median its 10-year median of 4.80. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 8.67. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. TAG Immobilien AG's value of 2.78 is 56.2% above this industry median. Based on the distribution chart, TAG Immobilien AG ranks #823 out of 1356 companies in the Real Estate industry, which is below the industry midpoint. Overall, TAG Immobilien AG has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TAG Immobilien AG's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, TAG Immobilien AG ranks #823 out of 1356 companies for Cyclically Adjusted PS Ratio. This places TAG Immobilien AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. TAG Immobilien AG's value of 2.78 is 56.2% above this benchmark. Historically, TAG Immobilien AG's own Cyclically Adjusted PS Ratio has ranged from 1.48 to 8.67 over the past decade. While the company's 10-year median is 4.80 vs. the industry median of 1.78, TAG Immobilien 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,356 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. TAG Immobilien AG's current Cyclically Adjusted PS Ratio of 2.78 is 56.2% 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 TAG Immobilien AG and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAG Immobilien AG's current Cyclically Adjusted PS Ratio is 2.78, which is 42% below median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAG Immobilien AG stock overvalued right now?
Based on GuruFocus' analysis, TAG Immobilien AG (HAM:TEG) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.78, compared to a current price of €13.52 — trading 73.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.78, which is 42% below median its 10-year median of 4.80 and 56.2% above the Real Estate industry median of 1.78. TAG Immobilien AG's overall GF Score™ is 63/100 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 TAG Immobilien AG (HAM:TEG), the current Cyclically Adjusted PS Ratio is 2.78 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 TAG Immobilien AG (HAM:TEG) Overvalued in 2026?

Based on GuruFocus' analysis, TAG Immobilien AG stock appears to be overvalued. The current stock price of €13.52 is trading 73.8% above its estimated GF Value™ of €7.78. GuruFocus considers TAG Immobilien AG to be Significantly Overvalued.

Key valuation signals for HAM:TEG:

  • Cyclically Adjusted PS Ratio: 2.78 (42% below median its 10-year median of 4.80)
  • GF Value™: €7.78 vs. price of €13.52 (73.8% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 56.2% above the Real Estate median (#823 of 1356)

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


TAG Immobilien AG Business Description

Address Steckelhorn 5, Hamburg, DEU, 20457
TAG Immobilien AG is a general real estate company that operates in Germany It focuses on sales activities in addition to the development and management of a residential property . The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth plan. The company has three segments: Rental Germany, Rental Poland and Sales Poland, which derives maximum revenue.
63GF Score

Get the complete analysis for HAM:TEG

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

€13.52
Price
€7.78
GF Value