H+H International AS (OCSE:HH) Cyclically Adjusted PS Ratio: 0.56 (As of Sep. 13, 2026) — Near Median

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OCSE:HH H+H International AS OCSE:HH
71 GF Score
Price kr100.00
GF Value kr91.57
Valuation Fairly Valued
! 8 Warning Signs
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What is H+H International AS Cyclically Adjusted PS Ratio?

H+H International AS OCSE:HH -0.79% 71 Cyclically Adjusted PS Ratio is 0.56 as of Sep. 13, 2026, which is 8% below its 10-year median of 0.61. GuruFocus rates OCSE:HH with a GF Score™ of 71/100 and a GF Value™ of kr91.57 (Fairly Valued). The stock has 8 warning signs investors should review. Among 323 Building Materials companies, H+H International AS ranks better than 68.42% on this metric.

As of today (2026-09-13), H+H International AS's current share price is kr100.00. H+H International AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr179.54. H+H International AS's Cyclically Adjusted PS Ratio for today is 0.56.

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

OCSE:HH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.61   Max: 1.93
Current: 0.56

During the past years, H+H International AS's highest Cyclically Adjusted PS Ratio was 1.93. The lowest was 0.39. And the median was 0.61.

OCSE:HH's Cyclically Adjusted PS Ratio is ranked better than
68.42% of 323 companies
in the Building Materials industry
Industry Median: 1 vs OCSE:HH: 0.56

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.

H+H International AS's adjusted revenue per share data for the three months ended in Jun. 2026 was kr46.277. 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 kr179.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


H+H International AS  (OCSE:HH) 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.


H+H International AS Cyclically Adjusted PS Ratio Related Terms


H+H International AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for H+H International AS'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.

H+H International AS Cyclically Adjusted PS Ratio Chart

H+H International AS 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 1.63 0.63 0.53 0.46 0.53

H+H International AS 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 0.77 0.55 0.53 0.46 0.54

OCSE:HH vs CRH, MLM, VMC: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, H+H International AS'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.


H+H International AS Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, H+H International AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where H+H International AS's Cyclically Adjusted PS Ratio falls into.


OCSE:HH
71GF Score
H+H International AS OCSE:HH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H+H International AS 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.

H+H International AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=100.00/179.54
=0.56

* 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.

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

For example, H+H International AS'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)
=46.277/122.9700*122.9700
=46.277

Current CPI (Jun. 2026) = 122.9700.

H+H International AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 33.715 100.200 41.377
201612 27.681 100.300 33.938
201703 29.449 101.200 35.784
201706 36.082 101.200 43.844
201709 39.606 101.800 47.842
201712 35.714 101.300 43.354
201803 31.000 101.700 37.483
201806 39.543 102.300 47.533
201809 40.038 102.400 48.081
201812 36.923 102.100 44.470
201903 37.570 102.900 44.898
201906 42.875 102.900 51.238
201909 43.367 102.900 51.825
201912 35.059 102.900 41.897
202003 39.111 103.300 46.558
202006 33.827 103.200 40.307
202009 39.160 103.500 46.527
202012 36.502 103.400 43.411
202103 35.376 104.300 41.708
202106 46.743 105.000 54.743
202109 44.844 105.800 52.122
202112 40.724 106.600 46.978
202203 50.126 109.900 56.087
202206 57.366 113.600 62.098
202209 53.078 116.400 56.074
202212 47.003 115.900 49.870
202303 38.459 117.300 40.318
202306 41.978 116.400 44.347
202309 41.939 117.400 43.929
202312 36.969 116.700 38.955
202403 39.439 118.400 40.961
202406 44.017 118.500 45.677
202409 42.882 118.900 44.350
202412 39.706 118.900 41.065
202503 39.375 120.200 40.282
202506 43.607 120.700 44.427
202509 43.050 121.600 43.535
202512 36.934 121.200 37.473
202603 33.361 121.680 33.715
202606 46.277 122.970 46.277

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 0.56 mean?
H+H International AS (OCSE:HH) has a Cyclically Adjusted PS Ratio of 0.56 as of Sep. 13, 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 H+H International AS and its competitors. This is near median its historical median of 0.61. Over the past decade, H+H International AS's Cyclically Adjusted PS Ratio has ranged from 0.39 to 1.93. According to the industry distribution chart, H+H International AS ranks #102 out of 323 companies in the Building Materials industry, placing it in the top 31.6%.
Is H+H International AS's Cyclically Adjusted PS Ratio too high?
H+H International AS's current Cyclically Adjusted PS Ratio of 0.56 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.93. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. H+H International AS's value of 0.56 is 44% below this industry median. Based on the distribution chart, H+H International AS ranks #102 out of 323 companies in the Building Materials industry, which is above the industry midpoint. Overall, H+H International AS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H+H International AS's Cyclically Adjusted PS Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, H+H International AS ranks #102 out of 323 companies for Cyclically Adjusted PS Ratio. This puts H+H International AS in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. H+H International AS's value of 0.56 is 44% below this benchmark. Historically, H+H International AS's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 1.93 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.00, H+H International AS 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.00, based on 323 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. H+H International AS's current Cyclically Adjusted PS Ratio of 0.56 is 44% 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 H+H International AS and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H+H International AS's current Cyclically Adjusted PS Ratio is 0.56, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H+H International AS stock overvalued right now?
Based on GuruFocus' analysis, H+H International AS (OCSE:HH) is currently considered Fairly Valued. The stock's GF Value™ is kr91.57, compared to a current price of kr100.00 — trading 9.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.56, which is near median its 10-year median of 0.61 and 44% below the Building Materials industry median of 1.00. H+H International AS's overall GF Score™ is 71/100 with 8 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 H+H International AS (OCSE:HH), the current Cyclically Adjusted PS Ratio is 0.56 as of Sep. 13, 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 H+H International AS (OCSE:HH) Overvalued in 2026?

Based on GuruFocus' analysis, H+H International AS stock appears to be overvalued. The current stock price of kr100.00 is trading 9.2% above its estimated GF Value™ of kr91.57. GuruFocus considers H+H International AS to be Fairly Valued.

Key valuation signals for OCSE:HH:

  • Cyclically Adjusted PS Ratio: 0.56 (near median its 10-year median of 0.61)
  • GF Value™: kr91.57 vs. price of kr100.00 (9.2% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 44% below the Building Materials median (#102 of 323)

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


H+H International AS Business Description

Other Exchanges 0M6J:UKJ0H:Germany
Address Lautrupsgade 7, 5th Floor, Copenhagen, DNK, 2100
H+H International AS is a wall-building materials provider. The company's core activity is the production and sale of autoclaved aerated concrete (AAC or aircrete) and calcium silicate units (CSU or sand-lime bricks). The main product lines are aircrete blocks and calcium silicate units used for the residential new building segment. The company has products such as H+H Foundations Blocks, H+H wall elements can also be used for solid external walls, sound-insulation requirements, construction of walls for private low-rise houses, Self-build, Commercial and industry and many more.
71GF Score

Get the complete analysis for OCSE:HH

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

kr100.00
Price
kr91.57
GF Value