HMBRF (Hamborner REIT AG) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HMBRF Hamborner REIT AG HMBRF
68 GF Score
Price $6.50
GF Value $7.73
! 8 Warning Signs
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What is Hamborner REIT AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hamborner REIT AG  (OTCPK:HMBRF) 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.


Hamborner REIT AG Cyclically Adjusted PS Ratio Related Terms


Hamborner REIT AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hamborner REIT 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.

Hamborner REIT AG Cyclically Adjusted PS Ratio Chart

Hamborner REIT 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 8.31 5.19 4.93 4.46 3.12

Hamborner REIT AG 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 4.18 3.97 3.12 3.09 0.00

HMBRF vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, Hamborner REIT 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.


Hamborner REIT AG Cyclically Adjusted PS Ratio vs REITs Industry

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

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


HMBRF
68GF Score
Hamborner REIT AG HMBRF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamborner REIT 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.

Hamborner REIT AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hamborner REIT AG'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)
=0.354/131.3638*131.3638
=0.354

Current CPI (Jun. 2026) = 131.3638.

Hamborner REIT AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.299 101.017 0.389
201612 0.248 101.217 0.322
201703 0.273 101.417 0.354
201706 0.293 102.117 0.377
201709 0.322 102.717 0.412
201712 0.330 102.617 0.422
201803 0.335 102.917 0.428
201806 0.374 104.017 0.472
201809 0.357 104.718 0.448
201812 0.349 104.217 0.440
201903 0.309 104.217 0.389
201906 0.342 105.718 0.425
201909 0.364 106.018 0.451
201912 0.365 105.818 0.453
202003 0.339 105.718 0.421
202006 0.366 106.618 0.451
202009 0.392 105.818 0.487
202012 0.385 105.518 0.479
202103 0.378 107.518 0.462
202106 0.368 108.486 0.446
202109 0.365 109.435 0.438
202112 0.337 110.384 0.401
202203 0.383 113.968 0.441
202206 0.339 115.760 0.385
202209 0.298 118.818 0.329
202212 0.366 119.345 0.403
202303 0.369 122.402 0.396
202306 0.329 123.140 0.351
202309 0.350 124.195 0.370
202312 0.522 123.773 0.554
202403 0.364 125.038 0.382
202406 0.403 125.882 0.421
202409 0.367 126.198 0.382
202412 0.338 127.041 0.350
202503 0.332 127.779 0.341
202506 0.366 128.412 0.374
202509 0.325 129.255 0.330
202512 0.374 129.361 0.380
202603 0.321 131.258 0.321
202606 0.354 131.364 0.354

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 Hamborner REIT AG (HMBRF) Overvalued in 2026?

Based on GuruFocus' analysis, Hamborner REIT AG stock appears to be undervalued. The current stock price of $6.50 is trading 15.9% below its estimated GF Value™ of $7.73.

Key valuation signals for HMBRF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $7.73 vs. price of $6.50 (15.9% below fair value)
  • GF Score™: 68/100 with 8 warning signs

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


Hamborner REIT AG Business Description

Industry Real EstateREITs
Other Exchanges HABAD:UKHABA:Germany
Address Goethestrasse 45, Duisburg, NW, DEU, 47166
Hamborner REIT AG is a real estate investment trust (REIT) specializing in property investment, particularly in commercial real estate. Its diverse portfolio includes modern office properties in established locations and retail properties focused on local shops in city centers and high-footfall suburban areas in Germany. The company pursues an active portfolio plan, seeking properties with solid risk-return profiles. The company's majority portfolio holding includes Retail properties. The company also has some office properties in its portfolio.
68GF Score

Get the complete analysis for HMBRF

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

$6.50
Price
$7.73
GF Value