Hexagon AB (MIL:1HEXA) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:1HEXA Hexagon AB MIL:1HEXA
49 GF Score
Price €8.29
GF Value €3.76
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Hexagon AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexagon AB  (MIL:1HEXA) 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.


Hexagon AB Cyclically Adjusted PS Ratio Related Terms


Hexagon AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hexagon AB'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.

Hexagon AB Cyclically Adjusted PS Ratio Chart

Hexagon AB 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 - - - - 4.47

Hexagon AB 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 3.89 4.51 4.48 3.65 4.04

MIL:1HEXA vs GRMN, COHR, KEYS: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Hexagon AB'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.


Hexagon AB Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hexagon AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:1HEXA
49GF Score
Hexagon AB MIL:1HEXA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexagon AB 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.

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

For example, Hexagon AB'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)
=0.391/134.6100*134.6100
=0.391

Current CPI (Jun. 2026) = 134.6100.

Hexagon AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.308 101.138 0.410
201612 0.336 102.022 0.443
201703 0.308 102.022 0.406
201706 0.341 102.752 0.447
201709 0.336 103.279 0.438
201712 0.377 103.793 0.489
201803 0.329 103.962 0.426
201806 0.370 104.875 0.475
201809 0.373 105.679 0.475
201812 0.411 105.912 0.522
201903 0.360 105.886 0.458
201906 0.382 106.742 0.482
201909 0.373 107.214 0.468
201912 0.413 107.766 0.516
202003 0.346 106.563 0.437
202006 0.348 107.498 0.436
202009 0.365 107.635 0.456
202012 0.403 108.296 0.501
202103 0.380 108.360 0.472
202106 0.418 108.928 0.517
202109 0.419 110.338 0.511
202112 0.447 112.486 0.535
202203 0.429 114.825 0.503
202206 0.474 118.384 0.539
202209 0.486 122.296 0.535
202212 0.518 126.365 0.552
202303 0.475 127.042 0.503
202306 0.505 129.407 0.525
202309 0.498 130.224 0.515
202312 0.531 131.912 0.542
202403 0.480 132.205 0.489
202406 0.500 132.716 0.507
202409 0.480 132.304 0.488
202412 0.535 132.987 0.542
202503 0.355 132.825 0.360
202506 0.373 133.699 0.376
202509 0.485 133.480 0.489
202512 0.532 133.380 0.537
202603 0.356 133.550 0.359
202606 0.391 134.610 0.391

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 Hexagon AB (MIL:1HEXA) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon AB stock appears to be overvalued. The current stock price of €8.29 is trading 120.5% above its estimated GF Value™ of €3.76. GuruFocus considers Hexagon AB to be Significantly Overvalued.

Key valuation signals for MIL:1HEXA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €3.76 vs. price of €8.29 (120.5% above fair value)
  • GF Score™: 49/100 with 9 warning signs

No single metric tells the full story. See the MIL:1HEXA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexagon AB Business Description

Address Lilla Bantorget 15, Stockholm, SWE, 111 23
Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry, such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa, and the rest in Asia.
49GF Score

Get the complete analysis for MIL:1HEXA

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

€8.29
Price
€3.76
GF Value