SFL (HAM:UG6) Cyclically Adjusted PS Ratio: 2.08 (As of Jul. 23, 2026) — 13% Below Median

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HAM:UG6 SFL Corp Ltd HAM:UG6
81 GF Score
Price €9.92
GF Value €8.15
! 14 Warning Signs
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What is SFL Cyclically Adjusted PS Ratio?

SFL HAM:UG6 -0.40% 81 Cyclically Adjusted PS Ratio is 2.08 as of Jul. 23, 2026, which is 13% below its 10-year median of 2.39. GuruFocus rates HAM:UG6 with a GF Score™ of 81/100 and a GF Value™ of €8.15. The stock has 14 warning signs investors should review. Among 760 Transportation companies, SFL ranks worse than 72.76% on this metric.

As of today (2026-07-23), SFL's current share price is €9.915. SFL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.76. SFL's Cyclically Adjusted PS Ratio for today is 2.08.

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

HAM:UG6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.39   Max: 3.76
Current: 2.1

During the past years, SFL's highest Cyclically Adjusted PS Ratio was 3.76. The lowest was 1.28. And the median was 2.39.

HAM:UG6's Cyclically Adjusted PS Ratio is ranked worse than
72.76% of 760 companies
in the Transportation industry
Industry Median: 0.89 vs HAM:UG6: 2.10

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.

SFL's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.120. 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 €4.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SFL  (HAM:UG6) 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.


SFL Cyclically Adjusted PS Ratio Related Terms


SFL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SFL'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.

SFL Cyclically Adjusted PS Ratio Chart

SFL 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 1.98 2.08 2.35 1.96 1.46

SFL 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 1.54 1.55 1.39 1.46 1.98

HAM:UG6 vs GSL, CCEC, CMRE: Cyclically Adjusted PS Ratio Comparison

For the Marine Shipping subindustry, SFL'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.


SFL Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


HAM:UG6
81GF Score
SFL Corp Ltd HAM:UG6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SFL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.915/4.76
=2.08

* 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.

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

For example, SFL'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)
=1.12/330.2130*330.2130
=1.120

Current CPI (Mar. 2026) = 330.2130.

SFL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.990 241.018 1.356
201609 0.682 241.428 0.933
201612 0.992 241.432 1.357
201703 0.730 243.801 0.989
201706 0.897 244.955 1.209
201709 0.507 246.819 0.678
201712 0.798 246.524 1.069
201803 0.663 249.554 0.877
201806 0.789 251.989 1.034
201809 0.599 252.439 0.784
201812 0.969 251.233 1.274
201903 0.958 254.202 1.244
201906 0.912 256.143 1.176
201909 0.941 256.759 1.210
201912 1.002 256.974 1.288
202003 1.025 258.115 1.311
202006 0.820 257.797 1.050
202009 0.754 260.280 0.957
202012 0.814 260.474 1.032
202103 0.788 264.877 0.982
202106 0.768 271.696 0.933
202109 0.711 274.310 0.856
202112 1.061 278.802 1.257
202203 1.417 287.504 1.627
202206 1.144 296.311 1.275
202209 1.199 296.808 1.334
202212 1.332 296.797 1.482
202303 1.259 301.836 1.377
202306 1.153 305.109 1.248
202309 1.348 307.789 1.446
202312 1.507 306.746 1.622
202403 1.651 312.332 1.746
202406 1.373 314.175 1.443
202409 1.718 315.301 1.799
202412 1.597 315.605 1.671
202503 1.280 319.799 1.322
202506 1.225 322.561 1.254
202509 1.125 324.800 1.144
202512 1.098 324.054 1.119
202603 1.120 330.213 1.120

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 2.08 mean?
SFL (HAM:UG6) has a Cyclically Adjusted PS Ratio of 2.08 as of Jul. 23, 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 SFL and its competitors. This is 13% below median its historical median of 2.39. Over the past decade, SFL's Cyclically Adjusted PS Ratio has ranged from 1.28 to 3.76. According to the industry distribution chart, SFL ranks #553 out of 760 companies in the Transportation industry, placing it in the top 72.8%.
Is SFL's Cyclically Adjusted PS Ratio too high?
SFL's current Cyclically Adjusted PS Ratio of 2.08 is 13% below median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 3.76. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. SFL's value of 2.08 is 133.7% above this industry median. Based on the distribution chart, SFL ranks #553 out of 760 companies in the Transportation industry, which is below the industry midpoint. Overall, SFL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does SFL's Cyclically Adjusted PS Ratio compare to GSL and CCEC?
According to the Transportation industry distribution chart, SFL ranks #553 out of 760 companies for Cyclically Adjusted PS Ratio. This places SFL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. SFL's value of 2.08 is 133.7% above this benchmark. Historically, SFL's own Cyclically Adjusted PS Ratio has ranged from 1.28 to 3.76 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 0.89, SFL 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 760 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. SFL's current Cyclically Adjusted PS Ratio of 2.08 is 133.7% 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 SFL and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SFL's current Cyclically Adjusted PS Ratio is 2.08, which is 13% below median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SFL stock overvalued right now?
SFL (HAM:UG6) has a current Cyclically Adjusted PS Ratio of 2.08. The stock's GF Value™ is €8.15, compared to a current price of €9.92 — trading 21.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.08, which is 13% below median its 10-year median of 2.39 and 133.7% above the Transportation industry median of 0.89. SFL's overall GF Score™ is 81/100 with 14 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 SFL (HAM:UG6), the current Cyclically Adjusted PS Ratio is 2.08 as of Jul. 23, 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 SFL (HAM:UG6) Overvalued in 2026?

Based on GuruFocus' analysis, SFL stock appears to be overvalued. The current stock price of €9.92 is trading 21.7% above its estimated GF Value™ of €8.15.

Key valuation signals for HAM:UG6:

  • Cyclically Adjusted PS Ratio: 2.08 (13% below median its 10-year median of 2.39)
  • GF Value™: €8.15 vs. price of €9.92 (21.7% above fair value)
  • GF Score™: 81/100 with 14 warning signs
  • Industry Position: 133.7% above the Transportation median (#553 of 760)

No single metric tells the full story. See the HAM:UG6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SFL Business Description

Other Exchanges SFL:USAUG6:Germany
Address 14 Par-la-Ville Road, Par-la-Ville Place, P.O. Box HM 1593, Hamilton, BMU, HM 08
SFL Corp Ltd is an international ship-owning and chartering company. The company is engaged in transporting crude oil and oil products, dry bulk and containerized cargoes, freight of rolling cargo, and offshore drilling and related activities. The company operates as a single reportable segment, generating revenue from long-term, fixed-rate charters. Its Additional revenue sources include sales-type lease interest income, voyage charter and pool revenues, and drilling contract revenues.
81GF Score

Get the complete analysis for HAM:UG6

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

€9.92
Price
€8.15
GF Value