Herc Holdings (LTS:0J4L) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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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.

LTS:0J4L Herc Holdings Inc LTS:0J4L
87 GF Score
Price $140.74
GF Value $165.99
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Herc Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Herc Holdings  (LTS:0J4L) 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.


Herc Holdings Cyclically Adjusted PS Ratio Related Terms


Herc Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Herc 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.

Herc Holdings Cyclically Adjusted PS Ratio Chart

Herc 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 - - - - 1.53

Herc 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 - - 1.52 0.98 1.38

LTS:0J4L vs CAR, EQPT, GATX: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, Herc 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.


Herc Holdings Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


LTS:0J4L
87GF Score
Herc Holdings Inc LTS:0J4L
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Herc 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.

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

For example, Herc 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)
=35.94/333.9520*333.9520
=35.940

Current CPI (Jun. 2026) = 333.9520.

Herc Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.261 241.428 19.726
201612 14.318 241.432 19.805
201703 13.760 243.801 18.848
201706 14.693 244.955 20.031
201709 16.000 246.819 21.648
201712 17.073 246.524 23.128
201803 15.187 249.554 20.323
201806 17.095 251.989 22.655
201809 17.862 252.439 23.630
201812 18.878 251.233 25.094
201903 16.633 254.202 21.851
201906 16.326 256.143 21.285
201909 17.460 256.759 22.709
201912 18.433 256.974 23.955
202003 15.093 258.115 19.527
202006 12.603 257.797 16.326
202009 15.481 260.280 19.863
202012 17.463 260.474 22.389
202103 15.026 264.877 18.945
202106 16.148 271.696 19.848
202109 18.046 274.310 21.970
202112 19.013 278.802 22.774
202203 18.661 287.504 21.676
202206 21.135 296.311 23.820
202209 24.672 296.808 27.760
202212 26.288 296.797 29.579
202303 25.170 301.836 27.848
202306 28.042 305.109 30.693
202309 31.860 307.789 34.568
202312 29.296 306.746 31.894
202403 28.310 312.332 30.270
202406 29.754 314.175 31.627
202409 33.860 315.301 35.863
202412 33.486 315.605 35.433
202503 30.211 319.799 31.548
202506 33.400 322.561 34.579
202509 39.159 324.800 40.262
202512 36.198 324.054 37.304
202603 34.204 330.213 34.591
202606 35.940 333.952 35.940

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 Herc Holdings (LTS:0J4L) Overvalued in 2026?

Based on GuruFocus' analysis, Herc Holdings stock appears to be undervalued. The current stock price of $140.74 is trading 15.2% below its estimated GF Value™ of $165.99. GuruFocus considers Herc Holdings to be Modestly Undervalued.

Key valuation signals for LTS:0J4L:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $165.99 vs. price of $140.74 (15.2% below fair value)
  • GF Score™: 87/100 with 8 warning signs

No single metric tells the full story. See the LTS:0J4L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Herc Holdings Business Description

Other Exchanges HRI:USAH9B1:Germany
Address 27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest player in North America, after United Rentals and Sunbelt Rentals, with an approximate 6% market share pro forma for its 2025 acquisition of H&E Equipment Services. It serves a similar mix of companies to its peers (industrial, commercial, and residential construction) from its 450 locations targeting the top 100 metropolitan markets in the US. Herc's rental fleet of approximately $7 billion is also similar in composition to its peer group in terms of equipment offered. The company is also pursuing diversification by bundling and increasing specialty solutions for its customer base. Herc's portfolio skews toward local customers versus national accounts (60%/40%).
87GF Score

Get the complete analysis for LTS:0J4L

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

$140.74
Price
$165.99
GF Value