HVRRF (Hannover Rueck SE) Cyclically Adjusted PS Ratio: 1.21 (As of Aug. 15, 2026) — 16% Above Median

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HVRRF Hannover Rueck SE HVRRF
73 GF Score
Price $291.63
GF Value $344.70
Valuation Modestly Undervalued
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What is Hannover Rueck SE Cyclically Adjusted PS Ratio?

Hannover Rueck SE HVRRF +1.68% 73 Cyclically Adjusted PS Ratio is 1.21 as of Aug. 15, 2026, which is 16% above its 10-year median of 1.04. GuruFocus rates HVRRF with a GF Score™ of 73/100 and a GF Value™ of $344.70 (Modestly Undervalued). Among 415 Insurance companies, Hannover Rueck SE ranks better than 50.12% on this metric.

As of today (2026-08-15), Hannover Rueck SE's current share price is $291.63. Hannover Rueck SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $240.30. Hannover Rueck SE's Cyclically Adjusted PS Ratio for today is 1.21.

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

HVRRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.04   Max: 1.41
Current: 1.2

During the past years, Hannover Rueck SE's highest Cyclically Adjusted PS Ratio was 1.41. The lowest was 0.79. And the median was 1.04.

HVRRF's Cyclically Adjusted PS Ratio is ranked better than
50.12% of 415 companies
in the Insurance industry
Industry Median: 1.22 vs HVRRF: 1.20

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.

Hannover Rueck SE's adjusted revenue per share data for the three months ended in Jun. 2026 was $60.425. 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 $240.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hannover Rueck SE  (OTCPK:HVRRF) 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.


Hannover Rueck SE Cyclically Adjusted PS Ratio Related Terms


Hannover Rueck SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hannover Rueck SE'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.

Hannover Rueck SE Cyclically Adjusted PS Ratio Chart

Hannover Rueck SE 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 1.04 1.03 1.14 1.20 1.29

Hannover Rueck SE 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 1.31 1.25 1.29 1.27 1.14

HVRRF vs RGA, EG, RNR: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.


Hannover Rueck SE Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Hannover Rueck SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HVRRF
73GF Score
Hannover Rueck SE HVRRF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hannover Rueck SE 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.

Hannover Rueck SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=291.63/240.30
=1.21

* 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.

Hannover Rueck SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hannover Rueck SE'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)
=60.425/131.3638*131.3638
=60.425

Current CPI (Jun. 2026) = 131.3638.

Hannover Rueck SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 37.354 101.017 48.576
201612 35.643 101.217 46.259
201703 36.771 101.417 47.629
201706 39.050 102.117 50.234
201709 43.671 102.717 55.850
201712 44.507 102.617 56.975
201803 45.050 102.917 57.502
201806 45.656 104.017 57.659
201809 46.979 104.718 58.933
201812 47.307 104.217 59.629
201903 46.903 104.217 59.120
201906 49.040 105.718 60.937
201909 50.227 106.018 62.235
201912 54.262 105.818 67.362
202003 51.069 105.718 63.458
202006 53.439 106.618 65.842
202009 56.064 105.818 69.599
202012 63.317 105.518 78.826
202103 60.601 107.518 74.041
202106 62.471 108.486 75.645
202109 64.669 109.435 77.628
202112 66.721 110.384 79.402
202203 66.619 113.968 76.787
202206 50.852 115.760 57.706
202209 58.769 118.818 64.974
202212 21.167 119.345 23.299
202303 53.530 122.402 57.449
202306 48.163 123.140 51.379
202309 53.506 124.195 56.595
202312 41.084 123.773 43.604
202403 60.865 125.038 63.944
202406 52.257 125.882 54.533
202409 52.432 126.198 54.578
202412 48.685 127.041 50.342
202503 55.684 127.779 57.246
202506 46.656 128.412 47.729
202509 56.462 129.255 57.383
202512 69.188 129.361 70.259
202603 64.409 131.258 64.461
202606 60.425 131.364 60.425

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 1.21 mean?
Hannover Rueck SE (HVRRF) has a Cyclically Adjusted PS Ratio of 1.21 as of Aug. 15, 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 Hannover Rueck SE and its competitors. This is 16% above median its historical median of 1.04. Over the past decade, Hannover Rueck SE's Cyclically Adjusted PS Ratio has ranged from 0.79 to 1.41. According to the industry distribution chart, Hannover Rueck SE ranks #207 out of 415 companies in the Insurance industry, placing it in the top 49.9%.
Is Hannover Rueck SE's Cyclically Adjusted PS Ratio too high?
Hannover Rueck SE's current Cyclically Adjusted PS Ratio of 1.21 is 16% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.41. The Insurance industry median Cyclically Adjusted PS Ratio is 1.22. Hannover Rueck SE's value of 1.21 is 0.8% below this industry median. Based on the distribution chart, Hannover Rueck SE ranks #207 out of 415 companies in the Insurance industry, which is above the industry midpoint. Overall, Hannover Rueck SE has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hannover Rueck SE's Cyclically Adjusted PS Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, Hannover Rueck SE ranks #207 out of 415 companies for Cyclically Adjusted PS Ratio. This puts Hannover Rueck SE in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.22. Hannover Rueck SE's value of 1.21 is 0.8% below this benchmark. Historically, Hannover Rueck SE's own Cyclically Adjusted PS Ratio has ranged from 0.79 to 1.41 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.22, Hannover Rueck SE has consistently been below 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.22, based on 415 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. Hannover Rueck SE's current Cyclically Adjusted PS Ratio of 1.21 is 0.8% below 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 Hannover Rueck SE and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hannover Rueck SE's current Cyclically Adjusted PS Ratio is 1.21, which is 16% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannover Rueck SE stock overvalued right now?
Based on GuruFocus' analysis, Hannover Rueck SE (HVRRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $344.70, compared to a current price of $291.63 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.21, which is 16% above median its 10-year median of 1.04 and 0.8% below the Insurance industry median of 1.22. Hannover Rueck SE's overall GF Score™ is 73/100. 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 Hannover Rueck SE (HVRRF), the current Cyclically Adjusted PS Ratio is 1.21 as of Aug. 15, 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 Hannover Rueck SE (HVRRF) Overvalued in 2026?

Based on GuruFocus' analysis, Hannover Rueck SE stock appears to be undervalued. The current stock price of $291.63 is trading 15.4% below its estimated GF Value™ of $344.70. GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.

Key valuation signals for HVRRF:

  • Cyclically Adjusted PS Ratio: 1.21 (16% above median its 10-year median of 1.04)
  • GF Value™: $344.70 vs. price of $291.63 (15.4% below fair value)
  • GF Score™: 73/100
  • Industry Position: 0.8% below the Insurance median (#207 of 415)

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


Hannover Rueck SE Business Description

Address Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
73GF Score

Get the complete analysis for HVRRF

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

$291.63
Price
$344.70
GF Value