ADDDF (adidas AG) Cyclically Adjusted PS Ratio: 1.40 (As of Jul. 04, 2026) — 39% Below Median


ADDDF adidas AG ADDDF
86 GF Score
Price $213.00
GF Value $246.65
Valuation Modestly Undervalued
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What is adidas AG Cyclically Adjusted PS Ratio?

adidas AG ADDDF +3.90% 86 Cyclically Adjusted PS Ratio is 1.40 as of Jul. 04, 2026, which is 39% below its 10-year median of 2.31. GuruFocus rates ADDDF with a GF Score™ of 86/100 and a GF Value™ of $246.65 (Modestly Undervalued). Among 886 Manufacturing - Apparel & Accessories companies, adidas AG ranks worse than 71.11% on this metric.

As of today (2026-07-04), adidas AG's current share price is $213.00. adidas AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $152.22. adidas AG's Cyclically Adjusted PS Ratio for today is 1.40.

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

ADDDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.31   Max: 3.56
Current: 1.38

During the past years, adidas AG's highest Cyclically Adjusted PS Ratio was 3.56. The lowest was 0.91. And the median was 2.31.

ADDDF's Cyclically Adjusted PS Ratio is ranked worse than
71.11% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.625 vs ADDDF: 1.38

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.

adidas AG's adjusted revenue per share data for the three months ended in Mar. 2026 was $43.005. 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 $152.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


adidas AG  (OTCPK:ADDDF) 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.


adidas AG Cyclically Adjusted PS Ratio Related Terms


adidas AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for adidas 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.

adidas AG Cyclically Adjusted PS Ratio Chart

adidas 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 2.57 1.15 1.56 1.88 1.29

adidas AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.70 1.54 1.37 1.29 1.02

ADDDF vs NKE, DECK, ONON: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, adidas 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.


adidas AG Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ADDDF
86GF Score
adidas AG ADDDF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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adidas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=213.00/152.22
=1.40

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=43.005/131.2583*131.2583
=43.005

Current CPI (Mar. 2026) = 131.2583.

adidas AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 23.022 100.717 30.003
201609 28.471 101.017 36.994
201612 23.082 101.217 29.933
201703 28.519 101.417 36.911
201706 27.945 102.117 35.920
201709 33.060 102.717 42.246
201712 29.245 102.617 37.407
201803 33.445 102.917 42.655
201806 30.265 104.017 38.191
201809 34.057 104.718 42.689
201812 29.855 104.217 37.601
201903 33.448 104.217 42.127
201906 31.417 105.718 39.007
201909 35.734 106.018 44.242
201912 33.089 105.818 41.044
202003 24.985 105.718 31.021
202006 19.322 106.618 23.788
202009 33.652 105.818 41.743
202012 32.035 105.518 39.850
202103 32.144 107.518 39.242
202106 31.278 108.486 37.844
202109 34.822 109.435 41.766
202112 30.194 110.384 35.904
202203 30.892 113.968 35.579
202206 32.193 115.760 36.503
202209 34.923 118.818 38.580
202212 30.895 119.345 33.979
202303 31.853 122.402 34.158
202306 32.389 123.140 34.524
202309 35.843 124.195 37.882
202312 29.514 123.773 31.299
202403 33.153 125.038 34.802
202406 34.963 125.882 36.456
202409 40.001 126.198 41.605
202412 35.234 127.041 36.404
202503 37.300 127.779 38.316
202506 38.511 128.412 39.365
202509 43.550 129.255 44.225
202512 40.405 129.361 40.998
202603 43.005 131.258 43.005

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 1.40 mean?
adidas AG (ADDDF) has a Cyclically Adjusted PS Ratio of 1.40 as of Jul. 04, 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 adidas AG and its competitors. This is 39% below median its historical median of 2.31. Over the past decade, adidas AG's Cyclically Adjusted PS Ratio has ranged from 0.91 to 3.56. According to the industry distribution chart, adidas AG ranks #630 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71.1%.
Is adidas AG's Cyclically Adjusted PS Ratio too high?
adidas AG's current Cyclically Adjusted PS Ratio of 1.40 is 39% below median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.56. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.63. adidas AG's value of 1.40 is 124% above this industry median. Based on the distribution chart, adidas AG ranks #630 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, adidas AG has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's Cyclically Adjusted PS Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, adidas AG ranks #630 out of 886 companies for Cyclically Adjusted PS Ratio. This places adidas AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.63. adidas AG's value of 1.40 is 124% above this benchmark. Historically, adidas AG's own Cyclically Adjusted PS Ratio has ranged from 0.91 to 3.56 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 0.63, adidas AG 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.63, based on 886 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. adidas AG's current Cyclically Adjusted PS Ratio of 1.40 is 124% 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 adidas AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. adidas AG's current Cyclically Adjusted PS Ratio is 1.40, which is 39% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is adidas AG stock overvalued right now?
Based on GuruFocus' analysis, adidas AG (ADDDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $246.65, compared to a current price of $213.00 — trading 13.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.40, which is 39% below median its 10-year median of 2.31 and 124% above the Manufacturing - Apparel & Accessories industry median of 0.63. adidas AG's overall GF Score™ is 86/100. 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 adidas AG (ADDDF), the current Cyclically Adjusted PS Ratio is 1.40 as of Jul. 04, 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 adidas AG (ADDDF) Overvalued in 2026?

Based on GuruFocus' analysis, adidas AG stock appears to be undervalued. The current stock price of $213.00 is trading 13.6% below its estimated GF Value™ of $246.65. GuruFocus considers adidas AG to be Modestly Undervalued.

Key valuation signals for ADDDF:

  • Cyclically Adjusted PS Ratio: 1.40 (39% below median its 10-year median of 2.31)
  • GF Value™: $246.65 vs. price of $213.00 (13.6% below fair value)
  • GF Score™: 86/100
  • Industry Position: 124% above the Manufacturing - Apparel & Accessories median (#630 of 886)

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


adidas AG Business Description

Address Adi-Dassler-Strasse 1, Herzogenaurach, BY, DEU, 91074
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through about 2,000 owned retail stores, 15,000 Adidas-branded franchise stores (including about 8,000 in China), 150,000 wholesale doors, and an owned e-commerce site that is available in 67 countries. The company was founded in 1949 in Germany.
86GF Score

Get the complete analysis for ADDDF

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

$213.00
Price
$246.65
GF Value