AEO (American Eagle Outfitters) Cyclically Adjusted PS Ratio: 0.54 (As of Aug. 13, 2026) — 30% Below Median

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AEO American Eagle Outfitters Inc AEO
79 GF Score
Price $15.86
GF Value $21.13
Valuation Modestly Undervalued
! 1 Warning Sign
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What is American Eagle Outfitters Cyclically Adjusted PS Ratio?

American Eagle Outfitters AEO -2.34% 79 Cyclically Adjusted PS Ratio is 0.54 as of Aug. 13, 2026, which is 30% below its 10-year median of 0.77. GuruFocus rates AEO with a GF Score™ of 79/100 and a GF Value™ of $21.13 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 802 Retail - Cyclical companies, American Eagle Outfitters ranks worse than 52.12% on this metric.

As of today (2026-08-13), American Eagle Outfitters's current share price is $15.8599. American Eagle Outfitters's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $29.59. American Eagle Outfitters's Cyclically Adjusted PS Ratio for today is 0.54.

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

AEO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.77   Max: 1.8
Current: 0.55

During the past years, American Eagle Outfitters's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.33. And the median was 0.77.

AEO's Cyclically Adjusted PS Ratio is ranked worse than
52.12% of 802 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs AEO: 0.55

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.

American Eagle Outfitters's adjusted revenue per share data for the three months ended in Apr. 2026 was $6.936. 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 $29.59 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Eagle Outfitters  (NYSE:AEO) 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.


American Eagle Outfitters Cyclically Adjusted PS Ratio Related Terms


American Eagle Outfitters Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for American Eagle Outfitters'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.

American Eagle Outfitters Cyclically Adjusted PS Ratio Chart

American Eagle Outfitters Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.65 0.76 0.59 0.81

American Eagle Outfitters Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.38 0.38 0.59 0.81 0.59

AEO vs BKE, ANF, CRI: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, American Eagle Outfitters'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.


American Eagle Outfitters Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, American Eagle Outfitters's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


AEO
79GF Score
American Eagle Outfitters Inc AEO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Eagle Outfitters 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.

American Eagle Outfitters's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.8599/29.59
=0.54

* 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.

American Eagle Outfitters's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, American Eagle Outfitters's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=6.936/333.0200*333.0200
=6.936

Current CPI (Apr. 2026) = 333.0200.

American Eagle Outfitters Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 4.485 240.628 6.207
201610 5.095 241.729 7.019
201701 5.951 242.839 8.161
201704 4.193 244.524 5.710
201707 4.724 244.786 6.427
201710 5.362 246.663 7.239
201801 6.832 247.867 9.179
201804 4.616 250.546 6.135
201807 5.405 252.006 7.143
201810 5.635 252.885 7.421
201901 7.017 251.712 9.284
201904 5.091 255.548 6.634
201907 6.059 256.571 7.864
201910 6.322 257.346 8.181
202001 7.808 257.971 10.080
202004 3.308 256.389 4.297
202007 5.312 259.101 6.827
202010 5.595 260.388 7.156
202101 7.754 261.582 9.872
202104 5.009 267.054 6.246
202107 5.715 273.003 6.971
202110 6.215 276.589 7.483
202201 7.355 281.148 8.712
202204 4.801 289.109 5.530
202207 6.649 296.276 7.474
202210 6.337 298.012 7.081
202301 7.541 299.170 8.394
202304 5.482 303.363 6.018
202307 6.124 305.691 6.671
202310 6.559 307.671 7.099
202401 8.558 308.417 9.241
202404 5.682 313.548 6.035
202407 6.529 314.540 6.913
202410 6.584 315.664 6.946
202501 8.399 317.671 8.805
202504 6.069 320.795 6.300
202507 7.478 323.048 7.709
202510 7.883 0.000
202601 10.222 325.252 10.466
202604 6.936 333.020 6.936

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 0.54 mean?
American Eagle Outfitters (AEO) has a Cyclically Adjusted PS Ratio of 0.54 as of Aug. 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 American Eagle Outfitters and its competitors. This is 30% below median its historical median of 0.77. Over the past decade, American Eagle Outfitters' Cyclically Adjusted PS Ratio has ranged from 0.33 to 1.80. According to the industry distribution chart, American Eagle Outfitters ranks #418 out of 802 companies in the Retail - Cyclical industry, placing it in the top 52.1%.
Is American Eagle Outfitters' Cyclically Adjusted PS Ratio too high?
American Eagle Outfitters' current Cyclically Adjusted PS Ratio of 0.54 is 30% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.80. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. American Eagle Outfitters' value of 0.54 is 8% above this industry median. Based on the distribution chart, American Eagle Outfitters ranks #418 out of 802 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, American Eagle Outfitters has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Eagle Outfitters' Cyclically Adjusted PS Ratio compare to BKE and ANF?
According to the Retail - Cyclical industry distribution chart, American Eagle Outfitters ranks #418 out of 802 companies for Cyclically Adjusted PS Ratio. This places American Eagle Outfitters in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. American Eagle Outfitters' value of 0.54 is 8% above this benchmark. Historically, American Eagle Outfitters' own Cyclically Adjusted PS Ratio has ranged from 0.33 to 1.80 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.50, American Eagle Outfitters 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 802 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. American Eagle Outfitters's current Cyclically Adjusted PS Ratio of 0.54 is 8% 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 American Eagle Outfitters and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Eagle Outfitters's current Cyclically Adjusted PS Ratio is 0.54, which is 30% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Eagle Outfitters stock overvalued right now?
Based on GuruFocus' analysis, American Eagle Outfitters (AEO) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.13, compared to a current price of $15.86 — trading 24.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.54, which is 30% below median its 10-year median of 0.77 and 8% above the Retail - Cyclical industry median of 0.50. American Eagle Outfitters' overall GF Score™ is 79/100 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 American Eagle Outfitters (AEO), the current Cyclically Adjusted PS Ratio is 0.54 as of Aug. 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 American Eagle Outfitters (AEO) Overvalued in 2026?

Based on GuruFocus' analysis, American Eagle Outfitters stock appears to be undervalued. The current stock price of $15.86 is trading 24.9% below its estimated GF Value™ of $21.13. GuruFocus considers American Eagle Outfitters to be Modestly Undervalued.

Key valuation signals for AEO:

  • Cyclically Adjusted PS Ratio: 0.54 (30% below median its 10-year median of 0.77)
  • GF Value™: $21.13 vs. price of $15.86 (24.9% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 8% above the Retail - Cyclical median (#418 of 802)

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


American Eagle Outfitters Business Description

Other Exchanges 1AEO:ItalyAFG:Germany
Address 77 Hot Metal Street, Pittsburgh, PA, USA, 15203-2329
American Eagle Outfitters Inc is a specialty retailer. The company is engaged in the retail of apparel and accessories with company stores in the United States, Canada, Mexico, and Hong Kong. The Company leases all store premises, regional distribution facilities, some of its office space, and certain information technology and office equipment. American Eagle also has its online business. It operates in two segments: American Eagle and Aerie. The majority of its revenue comes from its primary brand, American Eagle, which offers an assortment of specialty apparel, accessories, and personal care products for women and men. Geographically, it generates the majority of its revenue from the United States.
79GF Score

Get the complete analysis for AEO

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

$15.86
Price
$21.13
GF Value