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The Hershey CoMEX:HSY 69 Cyclically Adjusted PS Ratio is 2.86 as of Sep. 15, 2026, which is 28% below its 10-year median of 3.95. GuruFocus rates MEX:HSY with a GF Score™ of 69/100 and a GF Value™ of MXN3,556.86 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,455 Consumer Packaged Goods companies, The Hershey Co ranks worse than 88.32% on this metric.
The historical rank and industry rank for The Hershey Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
MEX:HSY'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.81 Med: 3.95 Max: 6.12
Current: 3.25
During the past years, The Hershey Co's highest Cyclically Adjusted PS Ratio was 6.12. The lowest was 2.81. And the median was 3.95.
MEX:HSY's Cyclically Adjusted PS Ratio is ranked worse than 88.32% of 1455
companies
in the Consumer Packaged Goods industry
Industry Median: 0.77
vs MEX:HSY: 3.25
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.
The Hershey Co's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN188.397. 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 MXN1,032.14 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
The Hershey Co (MEX:HSY) 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.
The Hershey Co Cyclically Adjusted PS Ratio Related Terms
The Hershey Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for The Hershey Co'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.
MEX:HSY vs TR, SOWG, RMCF: Cyclically Adjusted PS Ratio Comparison
For the Confectioners subindustry, The Hershey Co'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.
The Hershey Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where The Hershey Co's Cyclically Adjusted PS Ratio falls into.
The Hershey Co 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.
The Hershey Co's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 2.86 mean?
The Hershey Co (MEX:HSY) has a Cyclically Adjusted PS Ratio of 2.86 as of Sep. 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 The Hershey Co and its competitors. This is 28% below median its historical median of 3.95. Over the past decade, The Hershey Co's Cyclically Adjusted PS Ratio has ranged from 2.81 to 6.12. According to the industry distribution chart, The Hershey Co ranks #1285 out of 1455 companies in the Consumer Packaged Goods industry, placing it in the top 88.3%.
Is The Hershey Co's Cyclically Adjusted PS Ratio too high?
The Hershey Co's current Cyclically Adjusted PS Ratio of 2.86 is 28% below median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 6.12. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. The Hershey Co's value of 2.86 is 271.4% above this industry median. Based on the distribution chart, The Hershey Co ranks #1285 out of 1455 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, The Hershey Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hershey Co's Cyclically Adjusted PS Ratio compare to TR and SOWG?
According to the Consumer Packaged Goods industry distribution chart, The Hershey Co ranks #1285 out of 1455 companies for Cyclically Adjusted PS Ratio. This places The Hershey Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. The Hershey Co's value of 2.86 is 271.4% above this benchmark. Historically, The Hershey Co's own Cyclically Adjusted PS Ratio has ranged from 2.81 to 6.12 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 0.77, The Hershey Co 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 a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,455 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. The Hershey Co's current Cyclically Adjusted PS Ratio of 2.86 is 271.4% 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 The Hershey Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hershey Co's current Cyclically Adjusted PS Ratio is 2.86, which is 28% below median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hershey Co stock overvalued right now?
Based on GuruFocus' analysis, The Hershey Co (MEX:HSY) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,556.86, compared to a current price of MXN2,947.12 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.86, which is 28% below median its 10-year median of 3.95 and 271.4% above the Consumer Packaged Goods industry median of 0.77. The Hershey Co's overall GF Score™ is 69/100 with 6 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 The Hershey Co (MEX:HSY), the current Cyclically Adjusted PS Ratio is 2.86 as of Sep. 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 The Hershey Co (MEX:HSY) Overvalued in 2026?
Based on GuruFocus' analysis, The Hershey Co stock appears to be undervalued.
The current stock price of MXN2,947.12 is trading 17.1% below its estimated GF Value™ of MXN3,556.86.
GuruFocus considers The Hershey Co to be Modestly Undervalued.
Key valuation signals for MEX:HSY:
Cyclically Adjusted PS Ratio: 2.86 (28% below median its 10-year median of 3.95)
GF Value™: MXN3,556.86 vs. price of MXN2,947.12 (17.1% below fair value)
Industry Position: 271.4% above the Consumer Packaged Goods median (#1285 of 1455)
No single metric tells the full story. See the MEX:HSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hershey is a leading US confectionery manufacturer (around a $55 billion market, according to Euromonitor), controlling 35% of the domestic chocolate aisle. Beyond its namesake label, the firm's portfolio has expanded over the last 85 years and now comprises 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the US, including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confectionery business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its portfolio, as well as Pirate Brands, Dot's Pretzels, and LesserEvil over the past few years.
69GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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