Hexagon AB (OSTO:HEXA B) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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.

OSTO:HEXA B Hexagon AB OSTO:HEXA B
84 GF Score
Price kr95.56
GF Value kr75.37
Valuation Modestly 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  (OSTO:HEXA B) 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 8.56 5.43 5.39 4.42 4.41

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 3.90 4.55 4.42 3.62 3.96

OSTO:HEXA B 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.


OSTO:HEXA B
84GF Score
Hexagon AB OSTO:HEXA B
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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)
=4.26/134.6100*134.6100
=4.260

Current CPI (Jun. 2026) = 134.6100.

Hexagon AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.929 101.138 3.898
201612 3.283 102.022 4.332
201703 2.930 102.022 3.866
201706 3.302 102.752 4.326
201709 3.213 103.279 4.188
201712 3.693 103.793 4.789
201803 3.279 103.962 4.246
201806 3.825 104.875 4.910
201809 3.882 105.679 4.945
201812 4.242 105.912 5.391
201903 3.751 105.886 4.769
201906 4.053 106.742 5.111
201909 3.979 107.214 4.996
201912 4.399 107.766 5.495
202003 3.689 106.563 4.660
202006 3.717 107.498 4.654
202009 3.787 107.635 4.736
202012 4.135 108.296 5.140
202103 3.847 108.360 4.779
202106 4.241 108.928 5.241
202109 4.266 110.338 5.204
202112 4.532 112.486 5.423
202203 4.491 114.825 5.265
202206 4.963 118.384 5.643
202209 5.168 122.296 5.688
202212 5.668 126.365 6.038
202303 5.320 127.042 5.637
202306 5.785 129.407 6.018
202309 5.863 130.224 6.060
202312 6.087 131.912 6.212
202403 5.421 132.205 5.520
202406 5.757 132.716 5.839
202409 5.501 132.304 5.597
202412 6.155 132.987 6.230
202503 3.992 132.825 4.046
202506 4.090 133.699 4.118
202509 5.399 133.480 5.445
202512 5.828 133.380 5.882
202603 3.809 133.550 3.839
202606 4.260 134.610 4.260

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 (OSTO:HEXA B) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon AB stock appears to be overvalued. The current stock price of kr95.56 is trading 26.8% above its estimated GF Value™ of kr75.37. GuruFocus considers Hexagon AB to be Modestly Overvalued.

Key valuation signals for OSTO:HEXA B:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr75.37 vs. price of kr95.56 (26.8% above fair value)
  • GF Score™: 84/100 with 9 warning signs

No single metric tells the full story. See the OSTO:HEXA B 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.
84GF Score

Get the complete analysis for OSTO:HEXA B

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

kr95.56
Price
kr75.37
GF Value