DHL AG (MEX:DHL N) Cyclically Adjusted PS Ratio: 0.75 (As of Sep. 07, 2026) — 10% Above Median

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MEX:DHL N DHL AG MEX:DHL N
81 GF Score
Price MXN942.53
GF Value MXN752.17
! 11 Warning Signs
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What is DHL AG Cyclically Adjusted PS Ratio?

DHL AG MEX:DHL N 81 Cyclically Adjusted PS Ratio is 0.75 as of Sep. 07, 2026, which is 10% above its 10-year median of 0.68. GuruFocus rates MEX:DHL N with a GF Score™ of 81/100 and a GF Value™ of MXN752.17. The stock has 11 warning signs investors should review. Among 762 Transportation companies, DHL AG ranks better than 56.04% on this metric.

As of today (2026-09-07), DHL AG's current share price is MXN942.53. DHL AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN1,248.54. DHL AG's Cyclically Adjusted PS Ratio for today is 0.75.

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

MEX:DHL N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.68   Max: 1.16
Current: 0.78

During the past years, DHL AG's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.42. And the median was 0.68.

MEX:DHL N's Cyclically Adjusted PS Ratio is ranked better than
56.04% of 762 companies
in the Transportation industry
Industry Median: 0.925 vs MEX:DHL N: 0.78

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.

DHL AG's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN400.663. 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 MXN1,248.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DHL AG  (MEX:DHL N) 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.


DHL AG Cyclically Adjusted PS Ratio Related Terms


DHL AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DHL AG'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.

DHL AG Cyclically Adjusted PS Ratio Chart

DHL AG 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 1.07 0.59 0.71 0.51 0.68

DHL AG 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 0.59 0.56 0.68 0.64 0.75

MEX:DHL N vs UPS, FDX, EXPD: Cyclically Adjusted PS Ratio Comparison

For the Integrated Freight & Logistics subindustry, DHL AG'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.


DHL AG Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, DHL AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:DHL N
81GF Score
DHL AG MEX:DHL N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DHL AG 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.

DHL AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=942.53/1248.54
=0.75

* 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.

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

For example, DHL AG'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)
=400.663/131.3638*131.3638
=400.663

Current CPI (Jun. 2026) = 131.3638.

DHL AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 238.513 101.017 310.166
201612 268.924 101.217 349.022
201703 241.784 101.417 313.179
201706 244.881 102.117 315.016
201709 255.114 102.717 326.263
201712 283.702 102.617 363.177
201803 260.813 102.917 332.902
201806 274.066 104.017 346.119
201809 266.380 104.718 334.163
201812 302.035 104.217 380.709
201903 268.336 104.217 338.232
201906 264.099 105.718 328.167
201909 271.232 106.018 336.077
201912 280.590 105.818 348.329
202003 318.857 105.718 396.209
202006 331.405 106.618 408.324
202009 332.321 105.818 412.549
202012 361.957 105.518 450.617
202103 361.809 107.518 442.053
202106 368.703 108.486 446.457
202109 387.925 109.435 465.659
202112 432.413 110.384 514.601
202203 395.303 113.968 455.641
202206 411.481 115.760 466.945
202209 388.483 118.818 429.503
202212 399.963 119.345 440.242
202303 331.098 122.402 355.339
202306 305.299 123.140 325.687
202309 303.860 124.195 321.400
202312 327.791 123.773 347.894
202403 305.482 125.038 320.936
202406 344.642 125.882 359.652
202409 377.509 126.198 392.963
202412 420.815 127.041 435.133
202503 392.270 127.779 403.274
202506 369.818 128.412 378.320
202509 386.938 129.255 393.250
202512 396.086 129.361 402.220
202603 378.097 131.258 378.401
202606 400.663 131.364 400.663

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 0.75 mean?
DHL AG (MEX:DHL N) has a Cyclically Adjusted PS Ratio of 0.75 as of Sep. 07, 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 DHL AG and its competitors. This is 10% above median its historical median of 0.68. Over the past decade, DHL AG's Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.16. According to the industry distribution chart, DHL AG ranks #335 out of 762 companies in the Transportation industry, placing it in the top 44%.
Is DHL AG's Cyclically Adjusted PS Ratio too high?
DHL AG's current Cyclically Adjusted PS Ratio of 0.75 is 10% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.16. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. DHL AG's value of 0.75 is 18.9% below this industry median. Based on the distribution chart, DHL AG ranks #335 out of 762 companies in the Transportation industry, which is above the industry midpoint. Overall, DHL AG has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does DHL AG's Cyclically Adjusted PS Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, DHL AG ranks #335 out of 762 companies for Cyclically Adjusted PS Ratio. This puts DHL AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. DHL AG's value of 0.75 is 18.9% below this benchmark. Historically, DHL AG's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.16 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.93, DHL AG 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 a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 762 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. DHL AG's current Cyclically Adjusted PS Ratio of 0.75 is 18.9% 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 DHL AG and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHL AG's current Cyclically Adjusted PS Ratio is 0.75, which is 10% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHL AG stock overvalued right now?
DHL AG (MEX:DHL N) has a current Cyclically Adjusted PS Ratio of 0.75. The stock's GF Value™ is MXN752.17, compared to a current price of MXN942.53 — trading 25.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.75, which is 10% above median its 10-year median of 0.68 and 18.9% below the Transportation industry median of 0.93. DHL AG's overall GF Score™ is 81/100 with 11 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 DHL AG (MEX:DHL N), the current Cyclically Adjusted PS Ratio is 0.75 as of Sep. 07, 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 DHL AG (MEX:DHL N) Overvalued in 2026?

Based on GuruFocus' analysis, DHL AG stock appears to be overvalued. The current stock price of MXN942.53 is trading 25.3% above its estimated GF Value™ of MXN752.17.

Key valuation signals for MEX:DHL N:

  • Cyclically Adjusted PS Ratio: 0.75 (10% above median its 10-year median of 0.68)
  • GF Value™: MXN752.17 vs. price of MXN942.53 (25.3% above fair value)
  • GF Score™: 81/100 with 11 warning signs
  • Industry Position: 18.9% below the Transportation median (#335 of 762)

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


DHL AG Business Description

Address Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the three dominant integrated global parcel-shipping providers, along with US-based FedEx and UPS. It's also a leading global third-party logistics provider in terms of air and ocean forwarding and outsourced contract logistics markets touching Europe. The DHL divisions (Express, Global Forwarding & Freight, eCommerce Solutions, and Supply Chain) generate roughly 80% of consolidated revenue. Roughly 20% comes from the Post & Parcel Germany division, which includes the legacy German postal operations and the faster growing domestic package delivery business in Germany.
81GF Score

Get the complete analysis for MEX:DHL N

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

MXN942.53
Price
MXN752.17
GF Value