HTZ (Hertz Global Holdings) 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.

HTZ Hertz Global Holdings Inc HTZ
56 GF Score
Price $2.27
GF Value $4.71
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Hertz Global Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hertz Global Holdings  (NAS:HTZ) 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.


Hertz Global Holdings Cyclically Adjusted PS Ratio Related Terms


Hertz Global Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hertz Global Holdings'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.

Hertz Global Holdings Cyclically Adjusted PS Ratio Chart

Hertz Global Holdings 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 0.38 0.22 0.14 0.05 0.07

Hertz Global Holdings 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 0.09 0.09 0.07 0.07 0.00

HTZ vs ALTG, AIHS, MWG: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, Hertz Global Holdings'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.


Hertz Global Holdings Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Hertz Global Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HTZ
56GF Score
Hertz Global Holdings Inc HTZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hertz Global Holdings 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.

Hertz Global Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hertz Global Holdings'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)
=5.732/333.9520*333.9520
=5.732

Current CPI (Jun. 2026) = 333.9520.

Hertz Global Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 29.906 241.428 41.367
201612 24.802 241.432 34.306
201703 23.084 243.801 31.620
201706 26.795 244.955 36.530
201709 30.988 246.819 41.928
201712 15.954 246.524 21.612
201803 24.855 249.554 33.261
201806 24.885 251.989 32.979
201809 28.729 252.439 38.006
201812 23.182 251.233 30.815
201903 21.948 254.202 28.834
201906 25.887 256.143 33.751
201909 21.164 256.759 27.527
201912 16.489 256.974 21.428
202003 13.542 258.115 17.521
202006 5.778 257.797 7.485
202009 8.128 260.280 10.429
202012 7.917 260.474 10.150
202103 8.210 264.877 10.351
202106 11.706 271.696 14.388
202109 4.543 274.310 5.531
202112 4.165 278.802 4.989
202203 3.926 287.504 4.560
202206 5.528 296.311 6.230
202209 6.586 296.808 7.410
202212 5.831 296.797 6.561
202303 6.337 301.836 7.011
202306 7.737 305.109 8.468
202309 8.266 307.789 8.969
202312 7.091 306.746 7.720
202403 6.820 312.332 7.292
202406 7.690 314.175 8.174
202409 8.391 315.301 8.887
202412 6.667 315.605 7.055
202503 5.906 319.799 6.167
202506 7.071 322.561 7.321
202509 6.808 324.800 7.000
202512 5.618 324.054 5.790
202603 6.382 330.213 6.454
202606 5.732 333.952 5.732

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 Hertz Global Holdings (HTZ) Overvalued in 2026?

Based on GuruFocus' analysis, Hertz Global Holdings stock appears to be undervalued. The current stock price of $2.27 is trading 51.9% below its estimated GF Value™ of $4.71. GuruFocus considers Hertz Global Holdings to be Possible Value Trap.

Key valuation signals for HTZ:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $4.71 vs. price of $2.27 (51.9% below fair value)
  • GF Score™: 56/100 with 9 warning signs

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


Hertz Global Holdings Business Description

Other Exchanges HTZ1:MexicoAZK0:Germany
Address 8501 Williams Road, 3rd Floor, Estero, FL, USA, 33928
Hertz Global Holdings Inc is engaged principally in the business of renting vehicles through its Hertz, Dollar and Thrifty brands. The company has two reportable segments: i) Americas RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in the U.S., Canada, Latin America and the Caribbean, ii) International RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean. The company maintains a substantial network of company-operated rental locations, a majority of which are in Europe, and has franchisees and partners that operate rental locations under brands. Geographical markets include North America, Europe, Pacific Asia, Middle East and Africa, and Latin America.
56GF Score

Get the complete analysis for HTZ

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

$2.27
Price
$4.71
GF Value