Hamborner REIT AG (WBO:HAB2) Cyclically Adjusted PS Ratio: 2.94 (As of Sep. 16, 2026) — 59% Below Median

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WBO:HAB2 Hamborner REIT AG WBO:HAB2
54 GF Score
Price €4.25
GF Value €5.28
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hamborner REIT AG Cyclically Adjusted PS Ratio?

Hamborner REIT AG WBO:HAB2 +0.95% 54 Cyclically Adjusted PS Ratio is 2.94 as of Sep. 16, 2026, which is 59% below its 10-year median of 7.19. GuruFocus rates WBO:HAB2 with a GF Score™ of 54/100 and a GF Value™ of €5.28 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 544 REITs companies, Hamborner REIT AG ranks better than 75.18% on this metric.

As of today (2026-09-16), Hamborner REIT AG's current share price is €4.25. Hamborner REIT AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.45. Hamborner REIT AG's Cyclically Adjusted PS Ratio for today is 2.94.

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

WBO:HAB2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.91   Med: 7.19   Max: 9.47
Current: 2.91

During the past years, Hamborner REIT AG's highest Cyclically Adjusted PS Ratio was 9.47. The lowest was 2.91. And the median was 7.19.

WBO:HAB2's Cyclically Adjusted PS Ratio is ranked better than
75.18% of 544 companies
in the REITs industry
Industry Median: 5.635 vs WBO:HAB2: 2.91

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.

Hamborner REIT AG's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.311. 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 €1.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hamborner REIT AG  (WBO:HAB2) 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.


Hamborner REIT AG Cyclically Adjusted PS Ratio Related Terms


Hamborner REIT AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hamborner REIT 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.

Hamborner REIT AG Cyclically Adjusted PS Ratio Chart

Hamborner REIT 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 8.11 5.07 4.93 4.51 3.12

Hamborner REIT 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 4.18 3.95 3.11 3.06 3.05

WBO:HAB2 vs VICI, WPC, BNL: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, Hamborner REIT 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.


Hamborner REIT AG Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Hamborner REIT AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WBO:HAB2
54GF Score
Hamborner REIT AG WBO:HAB2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamborner REIT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.25/1.446
=2.94

* 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.

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

For example, Hamborner REIT 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)
=0.311/131.3638*131.3638
=0.311

Current CPI (Jun. 2026) = 131.3638.

Hamborner REIT AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.276 100.717 0.360
201609 0.268 101.017 0.349
201612 0.236 101.217 0.306
201703 0.258 101.417 0.334
201706 0.265 102.117 0.341
201709 0.274 102.717 0.350
201712 0.282 102.617 0.361
201803 0.296 102.917 0.378
201806 0.313 104.017 0.395
201809 0.311 104.718 0.390
201903 0.310 104.217 0.391
201906 0.315 105.718 0.391
201909 0.315 106.018 0.390
201912 0.317 105.818 0.394
202003 0.324 105.718 0.403
202006 0.327 106.618 0.403
202009 0.329 105.818 0.408
202012 0.322 105.518 0.401
202103 0.323 107.518 0.395
202106 0.357 108.486 0.432
202109 0.304 109.435 0.365
202112 0.296 110.384 0.352
202203 0.301 113.968 0.347
202206 0.305 115.760 0.346
202209 0.311 118.818 0.344
202212 0.323 119.345 0.356
202303 0.338 122.402 0.363
202306 0.314 123.140 0.335
202309 0.333 124.195 0.352
202312 0.318 123.773 0.338
202403 0.325 125.038 0.341
202406 0.332 125.882 0.346
202409 0.333 126.198 0.347
202412 0.376 127.041 0.389
202503 0.320 127.779 0.329
202506 0.319 128.412 0.326
202509 0.304 129.255 0.309
202512 0.370 129.361 0.376
202603 0.317 131.258 0.317
202606 0.311 131.364 0.311

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 2.94 mean?
Hamborner REIT AG (WBO:HAB2) has a Cyclically Adjusted PS Ratio of 2.94 as of Sep. 16, 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 Hamborner REIT AG and its competitors. This is 59% below median its historical median of 7.19. Over the past decade, Hamborner REIT AG's Cyclically Adjusted PS Ratio has ranged from 2.91 to 9.47. According to the industry distribution chart, Hamborner REIT AG ranks #135 out of 544 companies in the REITs industry, placing it in the top 24.8%.
Is Hamborner REIT AG's Cyclically Adjusted PS Ratio too high?
Hamborner REIT AG's current Cyclically Adjusted PS Ratio of 2.94 is 59% below median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 9.47. The REITs industry median Cyclically Adjusted PS Ratio is 5.64. Hamborner REIT AG's value of 2.94 is 47.8% below this industry median. Based on the distribution chart, Hamborner REIT AG ranks #135 out of 544 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hamborner REIT AG has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hamborner REIT AG's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Hamborner REIT AG ranks #135 out of 544 companies for Cyclically Adjusted PS Ratio. This places Hamborner REIT AG in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.64. Hamborner REIT AG's value of 2.94 is 47.8% below this benchmark. Historically, Hamborner REIT AG's own Cyclically Adjusted PS Ratio has ranged from 2.91 to 9.47 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 5.64, Hamborner REIT 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.64, based on 544 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. Hamborner REIT AG's current Cyclically Adjusted PS Ratio of 2.94 is 47.8% 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 Hamborner REIT AG and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamborner REIT AG's current Cyclically Adjusted PS Ratio is 2.94, which is 59% below median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamborner REIT AG stock overvalued right now?
Based on GuruFocus' analysis, Hamborner REIT AG (WBO:HAB2) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.28, compared to a current price of €4.25 — trading 19.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.94, which is 59% below median its 10-year median of 7.19 and 47.8% below the REITs industry median of 5.64. Hamborner REIT AG's overall GF Score™ is 54/100 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 Hamborner REIT AG (WBO:HAB2), the current Cyclically Adjusted PS Ratio is 2.94 as of Sep. 16, 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 Hamborner REIT AG (WBO:HAB2) Overvalued in 2026?

Based on GuruFocus' analysis, Hamborner REIT AG stock appears to be undervalued. The current stock price of €4.25 is trading 19.5% below its estimated GF Value™ of €5.28. GuruFocus considers Hamborner REIT AG to be Modestly Undervalued.

Key valuation signals for WBO:HAB2:

  • Cyclically Adjusted PS Ratio: 2.94 (59% below median its 10-year median of 7.19)
  • GF Value™: €5.28 vs. price of €4.25 (19.5% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 47.8% below the REITs median (#135 of 544)

No single metric tells the full story. See the WBO:HAB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamborner REIT AG Business Description

Industry Real EstateREITs
Other Exchanges HABAD:UKHABA:Germany
Address Goethestrasse 45, Duisburg, NW, DEU, 47166
Hamborner REIT AG is a real estate investment trust (REIT) specializing in property investment, particularly in commercial real estate. Its diverse portfolio includes modern office properties in established locations and retail properties focused on local shops in city centers and high-footfall suburban areas in Germany. The company pursues an active portfolio plan, seeking properties with solid risk-return profiles. The company's majority portfolio holding includes Retail properties. The company also has some office properties in its portfolio.
54GF Score

Get the complete analysis for WBO:HAB2

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

€4.25
Price
€5.28
GF Value