Carrefour (CHIX:CAP) Cyclically Adjusted PS Ratio: 0.14 (As of Jul. 07, 2026) — Near Median


CHIX:CAP Carrefour CHIX:CAP
72 GF Score
Price €16.42
GF Value €14.65
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Carrefour Cyclically Adjusted PS Ratio?

Carrefour CHIX:CAP 72 Cyclically Adjusted PS Ratio is 0.14 as of Jul. 07, 2026, which is at its 10-year median of 0.14. GuruFocus rates CHIX:CAP with a GF Score™ of 72/100 and a GF Value™ of €14.65 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 238 Retail - Defensive companies, Carrefour ranks better than 84.03% on this metric.

As of today (2026-07-07), Carrefour's current share price is €16.4175. Carrefour's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €117.05. Carrefour's Cyclically Adjusted PS Ratio for today is 0.14.

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

CHIX:CAp' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.14   Max: 0.2
Current: 0.14

During the past 13 years, Carrefour's highest Cyclically Adjusted PS Ratio was 0.20. The lowest was 0.10. And the median was 0.14.

CHIX:CAp's Cyclically Adjusted PS Ratio is ranked better than
84.03% of 238 companies
in the Retail - Defensive industry
Industry Median: 0.44 vs CHIX:CAp: 0.14

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.

Carrefour's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €122.523. 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 €117.05 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carrefour  (CHIX:CAp) 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.


Carrefour Cyclically Adjusted PS Ratio Related Terms


Carrefour Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Carrefour'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.

Carrefour Cyclically Adjusted PS Ratio Chart

Carrefour 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 0.15 0.14 0.14 0.12 0.12

Carrefour Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.14 0.00 0.12 0.00 0.12

CHIX:CAP vs KR, SFM, ACI: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, Carrefour'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.


Carrefour Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Carrefour's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:CAP
72GF Score
Carrefour CHIX:CAP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carrefour 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.4175/117.05
=0.14

* 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.

Carrefour's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Carrefour's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=122.523/120.9000*120.9000
=122.523

Current CPI (Dec25) = 120.9000.

Carrefour Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 106.426 100.650 127.838
201712 106.411 101.850 126.314
201812 95.689 103.470 111.808
201912 93.663 104.980 107.867
202012 89.340 104.960 102.908
202112 90.675 107.850 101.647
202212 111.285 114.160 117.855
202312 118.057 118.390 120.560
202412 123.910 119.950 124.891
202512 122.523 120.900 122.523

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 0.14 mean?
Carrefour (CHIX:CAP) has a Cyclically Adjusted PS Ratio of 0.14 as of Jul. 07, 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 Carrefour and its competitors. This is near median its historical median of 0.14. Over the past decade, Carrefour's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.20. According to the industry distribution chart, Carrefour ranks #38 out of 238 companies in the Retail - Defensive industry, placing it in the top 16%.
Is Carrefour's Cyclically Adjusted PS Ratio too high?
Carrefour's current Cyclically Adjusted PS Ratio of 0.14 is near median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.20. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.44. Carrefour's value of 0.14 is 68.2% below this industry median. Based on the distribution chart, Carrefour ranks #38 out of 238 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Carrefour has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carrefour's Cyclically Adjusted PS Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Carrefour ranks #38 out of 238 companies for Cyclically Adjusted PS Ratio. This places Carrefour in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.44. Carrefour's value of 0.14 is 68.2% below this benchmark. Historically, Carrefour's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.20 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.44, Carrefour 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 Retail - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.44, based on 238 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. Carrefour's current Cyclically Adjusted PS Ratio of 0.14 is 68.2% 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 Carrefour and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PS Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrefour's current Cyclically Adjusted PS Ratio is 0.14, which is near median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrefour stock overvalued right now?
Based on GuruFocus' analysis, Carrefour (CHIX:CAP) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.65, compared to a current price of €16.42 — trading 12.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.14, which is near median its 10-year median of 0.14 and 68.2% below the Retail - Defensive industry median of 0.44. Carrefour's overall GF Score™ is 72/100 with 12 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 Carrefour (CHIX:CAP), the current Cyclically Adjusted PS Ratio is 0.14 as of Jul. 07, 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 Carrefour (CHIX:CAP) Overvalued in 2026?

Based on GuruFocus' analysis, Carrefour stock appears to be overvalued. The current stock price of €16.42 is trading 12.1% above its estimated GF Value™ of €14.65. GuruFocus considers Carrefour to be Modestly Overvalued.

Key valuation signals for CHIX:CAP:

  • Cyclically Adjusted PS Ratio: 0.14 (near median its 10-year median of 0.14)
  • GF Value™: €14.65 vs. price of €16.42 (12.1% above fair value)
  • GF Score™: 72/100 with 12 warning signs
  • Industry Position: 68.2% below the Retail - Defensive median (#38 of 238)

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


Carrefour Business Description

Address 93, Avenue de Paris, Massy Cedex, Paris, FRA, 91300
Founded in 1959, Carrefour is a multiformat retailer with operations in over 40 countries. Approximately 75% of sales stem from Europe and the rest from Latin America. In France, where Carrefour generates nearly 50% of its total revenue, the firm has a grocery market share of 22%, behind market leader E.Leclerc (24%), according to Kantar. Carrefour operates over 15,000 stores in hypermarket, supermarket, convenience store, and discount store formats. In 2024, Carrefour completed the acquisition of the Cora and Match banners from Louis Delhaize group for an enterprise value of EUR 1.05 billion.
72GF Score

Get the complete analysis for CHIX:CAP

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

€16.42
Price
€14.65
GF Value