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HMS Networks ABHMNKF 98 Cyclically Adjusted PS Ratio is 9.76 as of Jul. 16, 2026, which is 9% below its 10-year median of 10.77. GuruFocus rates HMNKF with a GF Score™ of 98/100 and a GF Value™ of $62.97 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,976 Hardware companies, HMS Networks AB ranks worse than 90.13% on this metric.
The historical rank and industry rank for HMS Networks AB's Cyclically Adjusted PS Ratio or its related term are showing as below:
HMNKF'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.92 Med: 10.77 Max: 23.82
Current: 9.46
During the past years, HMS Networks AB's highest Cyclically Adjusted PS Ratio was 23.82. The lowest was 5.92. And the median was 10.77.
HMNKF's Cyclically Adjusted PS Ratio is ranked worse than 90.13% of 1976
companies
in the Hardware industry
Industry Median: 1.44
vs HMNKF: 9.46
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.
HMS Networks AB's adjusted revenue per share data for the three months ended in Jun. 2026 was $2.075. 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 $6.12 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
HMS Networks AB (OTCPK:HMNKF) 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.
HMS Networks AB Cyclically Adjusted PS Ratio Related Terms
HMS Networks AB Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for HMS Networks AB'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.
HMS Networks AB Cyclically Adjusted PS Ratio Chart
HMNKF vs CSCO, CIEN, MSI: Cyclically Adjusted PS Ratio Comparison
For the Communication Equipment subindustry, HMS Networks AB'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.
HMS Networks AB Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, HMS Networks AB's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where HMS Networks AB's Cyclically Adjusted PS Ratio falls into.
HMS Networks AB 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.
HMS Networks AB's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 9.76 mean?
HMS Networks AB (HMNKF) has a Cyclically Adjusted PS Ratio of 9.76 as of Jul. 16, 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 HMS Networks AB and its competitors. This is near median its historical median of 10.77. Over the past decade, HMS Networks AB's Cyclically Adjusted PS Ratio has ranged from 5.92 to 23.82. According to the industry distribution chart, HMS Networks AB ranks #1781 out of 1976 companies in the Hardware industry, placing it in the top 90.1%.
Is HMS Networks AB's Cyclically Adjusted PS Ratio too high?
HMS Networks AB's current Cyclically Adjusted PS Ratio of 9.76 is near median its 10-year median of 10.77. Over the past 10 years, this metric has ranged from a low of 5.92 to a high of 23.82. The Hardware industry median Cyclically Adjusted PS Ratio is 1.44. HMS Networks AB's value of 9.76 is 577.8% above this industry median. Based on the distribution chart, HMS Networks AB ranks #1781 out of 1976 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, HMS Networks AB has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HMS Networks AB's Cyclically Adjusted PS Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, HMS Networks AB ranks #1781 out of 1976 companies for Cyclically Adjusted PS Ratio. This places HMS Networks AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. HMS Networks AB's value of 9.76 is 577.8% above this benchmark. Historically, HMS Networks AB's own Cyclically Adjusted PS Ratio has ranged from 5.92 to 23.82 over the past decade. While the company's 10-year median is 10.77 vs. the industry median of 1.44, HMS Networks AB 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.44, based on 1,976 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. HMS Networks AB's current Cyclically Adjusted PS Ratio of 9.76 is 577.8% 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 HMS Networks AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HMS Networks AB's current Cyclically Adjusted PS Ratio is 9.76, which is near median its own 10-year median of 10.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HMS Networks AB stock overvalued right now?
Based on GuruFocus' analysis, HMS Networks AB (HMNKF) is currently considered Fairly Valued. The stock's GF Value™ is $62.97, compared to a current price of $59.75 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.76, which is near median its 10-year median of 10.77 and 577.8% above the Hardware industry median of 1.44. HMS Networks AB's overall GF Score™ is 98/100 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 HMS Networks AB (HMNKF), the current Cyclically Adjusted PS Ratio is 9.76 as of Jul. 16, 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 HMS Networks AB (HMNKF) Overvalued in 2026?
Based on GuruFocus' analysis, HMS Networks AB stock appears to be undervalued.
The current stock price of $59.75 is trading 5.1% below its estimated GF Value™ of $62.97.
GuruFocus considers HMS Networks AB to be Fairly Valued.
Key valuation signals for HMNKF:
Cyclically Adjusted PS Ratio: 9.76 (near median its 10-year median of 10.77)
GF Value™: $62.97 vs. price of $59.75 (5.1% below fair value)
Industry Position: 577.8% above the Hardware median (#1781 of 1976)
No single metric tells the full story. See the HMNKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HMS Networks AB supplies proprietary, patented technology for intelligent industrial communication. It develops and manufactures solutions for connecting industrial products to networks and gateways, thus enabling interconnection between various networks. The group sells products in various countries, including Germany. Its operating segments include Industrial Data Solutions, Industrial Network Technology, and New Industries. The brands of the company are Anybus, Red Lion, N-Tron, Ewon, Intesis, Ixxat, Owasys, and PEAK-System.
98GF Score
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