HXL (Hexcel) Cyclically Adjusted PS Ratio: 3.93 (As of Aug. 03, 2026) — 38% Above Median

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HXL Hexcel Corp HXL
86 GF Score
Price $102.56
GF Value $81.37
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hexcel Cyclically Adjusted PS Ratio?

Hexcel HXL -0.38% 86 Cyclically Adjusted PS Ratio is 3.93 as of Aug. 03, 2026, which is 38% above its 10-year median of 2.84. GuruFocus rates HXL with a GF Score™ of 86/100 and a GF Value™ of $81.37 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 224 Aerospace & Defense companies, Hexcel ranks worse than 58.04% on this metric.

As of today (2026-08-03), Hexcel's current share price is $102.56. Hexcel's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $26.08. Hexcel's Cyclically Adjusted PS Ratio for today is 3.93.

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

HXL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.84   Max: 4.34
Current: 3.95

During the past years, Hexcel's highest Cyclically Adjusted PS Ratio was 4.34. The lowest was 1.33. And the median was 2.84.

HXL's Cyclically Adjusted PS Ratio is ranked worse than
58.04% of 224 companies
in the Aerospace & Defense industry
Industry Median: 2.82 vs HXL: 3.95

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.

Hexcel's adjusted revenue per share data for the three months ended in Jun. 2026 was $6.919. 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 $26.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexcel  (NYSE:HXL) 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.


Hexcel Cyclically Adjusted PS Ratio Related Terms


Hexcel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hexcel'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.

Hexcel Cyclically Adjusted PS Ratio Chart

Hexcel 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 2.31 2.48 3.01 2.51 2.90

Hexcel 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 2.22 2.46 2.90 3.13 3.84

HXL vs KTOS, AVAV, PL: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Hexcel'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.


Hexcel Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hexcel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HXL
86GF Score
Hexcel Corp HXL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hexcel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.56/26.08
=3.93

* 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.

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

For example, Hexcel'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)
=6.919/333.9520*333.9520
=6.919

Current CPI (Jun. 2026) = 333.9520.

Hexcel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.319 241.428 7.357
201612 5.199 241.432 7.191
201703 5.154 243.801 7.060
201706 5.340 244.955 7.280
201709 5.377 246.819 7.275
201712 5.605 246.524 7.593
201803 5.922 249.554 7.925
201806 6.090 251.989 8.071
201809 6.135 252.439 8.116
201812 6.456 251.233 8.582
201903 7.092 254.202 9.317
201906 7.065 256.143 9.211
201909 6.649 256.759 8.648
201912 6.647 256.974 8.638
202003 6.418 258.115 8.304
202006 4.524 257.797 5.860
202009 3.415 260.280 4.382
202012 3.517 260.474 4.509
202103 3.694 264.877 4.657
202106 3.782 271.696 4.649
202109 3.941 274.310 4.798
202112 4.185 278.802 5.013
202203 4.601 287.504 5.344
202206 4.624 296.311 5.211
202209 4.286 296.808 4.822
202212 5.052 296.797 5.684
202303 5.353 301.836 5.923
202306 5.307 305.109 5.809
202309 4.901 307.789 5.318
202312 5.351 306.746 5.826
202403 5.570 312.332 5.956
202406 6.014 314.175 6.393
202409 5.560 315.301 5.889
202412 5.771 315.605 6.106
202503 5.588 319.799 5.835
202506 6.078 322.561 6.293
202509 5.681 324.800 5.841
202512 6.356 324.054 6.550
202603 6.538 330.213 6.612
202606 6.919 333.952 6.919

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 3.93 mean?
Hexcel (HXL) has a Cyclically Adjusted PS Ratio of 3.93 as of Aug. 03, 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 Hexcel and its competitors. This is 38% above median its historical median of 2.84. Over the past decade, Hexcel's Cyclically Adjusted PS Ratio has ranged from 1.33 to 4.34. According to the industry distribution chart, Hexcel ranks #130 out of 224 companies in the Aerospace & Defense industry, placing it in the top 58%.
Is Hexcel's Cyclically Adjusted PS Ratio too high?
Hexcel's current Cyclically Adjusted PS Ratio of 3.93 is 38% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 4.34. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 2.82. Hexcel's value of 3.93 is 39.4% above this industry median. Based on the distribution chart, Hexcel ranks #130 out of 224 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Hexcel has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexcel's Cyclically Adjusted PS Ratio compare to KTOS and AVAV?
According to the Aerospace & Defense industry distribution chart, Hexcel ranks #130 out of 224 companies for Cyclically Adjusted PS Ratio. This places Hexcel in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.82. Hexcel's value of 3.93 is 39.4% above this benchmark. Historically, Hexcel's own Cyclically Adjusted PS Ratio has ranged from 1.33 to 4.34 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.82, Hexcel 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 2.82, based on 224 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. Hexcel's current Cyclically Adjusted PS Ratio of 3.93 is 39.4% 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 Hexcel and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexcel's current Cyclically Adjusted PS Ratio is 3.93, which is 38% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexcel stock overvalued right now?
Based on GuruFocus' analysis, Hexcel (HXL) is currently considered Modestly Overvalued. The stock's GF Value™ is $81.37, compared to a current price of $102.56 — trading 26% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.93, which is 38% above median its 10-year median of 2.84 and 39.4% above the Aerospace & Defense industry median of 2.82. Hexcel's overall GF Score™ is 86/100 with 5 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 Hexcel (HXL), the current Cyclically Adjusted PS Ratio is 3.93 as of Aug. 03, 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 Hexcel (HXL) Overvalued in 2026?

Based on GuruFocus' analysis, Hexcel stock appears to be overvalued. The current stock price of $102.56 is trading 26% above its estimated GF Value™ of $81.37. GuruFocus considers Hexcel to be Modestly Overvalued.

Key valuation signals for HXL:

  • Cyclically Adjusted PS Ratio: 3.93 (38% above median its 10-year median of 2.84)
  • GF Value™: $81.37 vs. price of $102.56 (26% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 39.4% above the Aerospace & Defense median (#130 of 224)

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


Hexcel Business Description

Other Exchanges HXL:Germany
Address 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, USA, 06901
Founded in 1948, Hexcel designs and manufactures a range of highly engineered composite fibers, fabrics, resins, and structures for use primarily in the commercial aerospace and defense markets. These are lighter than metal and perform under rigorous conditions in aircraft frames, wings, engine nacelles, and other structures and subassemblies. The company's name derives from the six-sided honeycomb structures that lend many of its products their light weight and rigidity. Hexcel's biggest customers are Airbus (40% of 2024 sales) and Boeing (15% of 2024 sales; 25% before the pandemic) and their respective subcontractors.
86GF Score

Get the complete analysis for HXL

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

$102.56
Price
$81.37
GF Value