CTAS (Cintas) Cyclically Adjusted PS Ratio: 8.01 (As of Jul. 02, 2026) — 18% Above Median


CTAS Cintas Corp CTAS
95 GF Score
Price $174.23
GF Value $209.52
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Cintas Cyclically Adjusted PS Ratio?

Cintas CTAS +2.44% 95 Cyclically Adjusted PS Ratio is 8.01 as of Jul. 02, 2026, which is 18% above its 10-year median of 6.78. GuruFocus rates CTAS with a GF Score™ of 95/100 and a GF Value™ of $209.52 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 718 Business Services companies, Cintas ranks worse than 95.13% on this metric.

As of today (2026-07-02), Cintas's current share price is $174.23. Cintas's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was $21.74. Cintas's Cyclically Adjusted PS Ratio for today is 8.01.

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

CTAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.02   Med: 6.78   Max: 11.83
Current: 8.02

During the past years, Cintas's highest Cyclically Adjusted PS Ratio was 11.83. The lowest was 3.02. And the median was 6.78.

CTAS's Cyclically Adjusted PS Ratio is ranked worse than
95.13% of 718 companies
in the Business Services industry
Industry Median: 0.9 vs CTAS: 8.02

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.

Cintas's adjusted revenue per share data for the three months ended in Feb. 2026 was $7.021. 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 $21.74 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cintas  (NAS:CTAS) 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.


Cintas Cyclically Adjusted PS Ratio Related Terms


Cintas Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cintas'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.

Cintas Cyclically Adjusted PS Ratio Chart

Cintas Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.66 6.50 6.95 9.05 11.07

Cintas Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 10.39 11.07 10.04 8.76 9.25

CTAS vs CPRT, ULS, GPN: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Cintas'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.


Cintas Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Cintas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CTAS
95GF Score
Cintas Corp CTAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cintas 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.

Cintas's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=174.23/21.74
=8.01

* 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.

Cintas's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Cintas's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=7.021/326.7850*326.7850
=7.021

Current CPI (Feb. 2026) = 326.7850.

Cintas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 2.689 240.229 3.658
201608 2.956 240.849 4.011
201611 2.952 241.353 3.997
201702 2.909 243.603 3.902
201705 3.523 244.733 4.704
201708 3.712 245.519 4.941
201711 3.657 246.669 4.845
201802 3.606 248.991 4.733
201805 3.744 251.588 4.863
201808 3.836 252.146 4.972
201811 3.910 252.038 5.070
201902 3.888 252.776 5.026
201905 4.105 256.092 5.238
201908 4.228 256.558 5.385
201911 4.294 257.208 5.456
202002 4.207 258.678 5.315
202005 3.812 256.394 4.859
202008 4.076 259.918 5.125
202011 4.068 260.229 5.108
202102 4.114 263.014 5.111
202105 4.259 269.195 5.170
202108 4.476 273.567 5.347
202111 4.528 277.948 5.324
202202 4.640 283.716 5.344
202205 4.968 292.296 5.554
202208 5.241 296.171 5.783
202211 5.261 297.711 5.775
202302 5.294 300.840 5.751
202305 5.522 304.127 5.933
202308 5.654 307.026 6.018
202311 5.755 307.051 6.125
202402 5.830 310.326 6.139
202405 5.973 314.069 6.215
202408 6.094 314.796 6.326
202411 6.238 315.493 6.461
202502 6.359 319.082 6.513
202505 6.512 321.465 6.620
202508 6.641 323.976 6.699
202511 6.889 324.122 6.946
202602 7.021 326.785 7.021

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 8.01 mean?
Cintas (CTAS) has a Cyclically Adjusted PS Ratio of 8.01 as of Jul. 02, 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 Cintas and its competitors. This is 18% above median its historical median of 6.78. Over the past decade, Cintas' Cyclically Adjusted PS Ratio has ranged from 3.02 to 11.83. According to the industry distribution chart, Cintas ranks #683 out of 718 companies in the Business Services industry, placing it in the top 95.1%.
Is Cintas' Cyclically Adjusted PS Ratio too high?
Cintas' current Cyclically Adjusted PS Ratio of 8.01 is 18% above median its 10-year median of 6.78. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 11.83. The Business Services industry median Cyclically Adjusted PS Ratio is 0.90. Cintas' value of 8.01 is 790% above this industry median. Based on the distribution chart, Cintas ranks #683 out of 718 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Cintas has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cintas' Cyclically Adjusted PS Ratio compare to CPRT and ULS?
According to the Business Services industry distribution chart, Cintas ranks #683 out of 718 companies for Cyclically Adjusted PS Ratio. This places Cintas in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. Cintas' value of 8.01 is 790% above this benchmark. Historically, Cintas' own Cyclically Adjusted PS Ratio has ranged from 3.02 to 11.83 over the past decade. While the company's 10-year median is 6.78 vs. the industry median of 0.90, Cintas 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.90, based on 718 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. Cintas's current Cyclically Adjusted PS Ratio of 8.01 is 790% 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 Cintas and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cintas's current Cyclically Adjusted PS Ratio is 8.01, which is 18% above median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cintas stock overvalued right now?
Based on GuruFocus' analysis, Cintas (CTAS) is currently considered Modestly Undervalued. The stock's GF Value™ is $209.52, compared to a current price of $174.23 — trading 16.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.01, which is 18% above median its 10-year median of 6.78 and 790% above the Business Services industry median of 0.90. Cintas' overall GF Score™ is 95/100 with 1 warning sign 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 Cintas (CTAS), the current Cyclically Adjusted PS Ratio is 8.01 as of Jul. 02, 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 Cintas (CTAS) Overvalued in 2026?

Based on GuruFocus' analysis, Cintas stock appears to be undervalued. The current stock price of $174.23 is trading 16.8% below its estimated GF Value™ of $209.52. GuruFocus considers Cintas to be Modestly Undervalued.

Key valuation signals for CTAS:

  • Cyclically Adjusted PS Ratio: 8.01 (18% above median its 10-year median of 6.78)
  • GF Value™: $209.52 vs. price of $174.23 (16.8% below fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 790% above the Business Services median (#683 of 718)

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


Cintas Business Description

Address 6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas has roots dating back to 1929, when the Farmer family cleaned and resold dirty rags to manufacturing plants in Ohio. The firm has expanded its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. At the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid supplies, fire extinguishers, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.
95GF 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.

$174.23
Price
$209.52
GF Value