Crocs (CROX) Cyclically Adjusted PS Ratio: 2.81 (As of Aug. 18, 2026) — Near Median

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CROX Crocs Inc CROX
86 GF Score
Price $131.50
GF Value $122.09
Valuation Fairly Valued
! 6 Warning Signs
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What is Crocs Cyclically Adjusted PS Ratio?

Crocs CROX +1.17% 86 Cyclically Adjusted PS Ratio is 2.81 as of Aug. 18, 2026, which is 6% above its 10-year median of 2.65. GuruFocus rates CROX with a GF Score™ of 86/100 and a GF Value™ of $122.09 (Fairly Valued). The stock has 6 warning signs investors should review. Among 885 Manufacturing - Apparel & Accessories companies, Crocs ranks worse than 85.99% on this metric.

As of today (2026-08-18), Crocs's current share price is $131.495. Crocs's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $46.72. Crocs's Cyclically Adjusted PS Ratio for today is 2.81.

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

CROX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 2.65   Max: 9.97
Current: 2.78

During the past years, Crocs's highest Cyclically Adjusted PS Ratio was 9.97. The lowest was 0.48. And the median was 2.65.

CROX's Cyclically Adjusted PS Ratio is ranked worse than
85.99% of 885 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.66 vs CROX: 2.78

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.

Crocs's adjusted revenue per share data for the three months ended in Jun. 2026 was $23.766. 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 $46.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crocs  (NAS:CROX) 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.


Crocs Cyclically Adjusted PS Ratio Related Terms


Crocs Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Crocs'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.

Crocs Cyclically Adjusted PS Ratio Chart

Crocs 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 6.71 4.43 3.12 3.05 2.02

Crocs 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 2.57 2.04 2.02 1.87 2.58

CROX vs BIRK, SHOO, WWW: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, Crocs'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.


Crocs Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


CROX
86GF Score
Crocs Inc CROX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Crocs 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=131.495/46.72
=2.81

* 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.

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

For example, Crocs'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)
=23.766/333.9520*333.9520
=23.766

Current CPI (Jun. 2026) = 333.9520.

Crocs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.346 241.428 4.628
201612 2.549 241.432 3.526
201703 3.593 243.801 4.922
201706 4.200 244.955 5.726
201709 3.384 246.819 4.579
201712 2.870 246.524 3.888
201803 3.951 249.554 5.287
201806 4.590 251.989 6.083
201809 3.587 252.439 4.745
201812 3.130 251.233 4.161
201903 3.953 254.202 5.193
201906 4.991 256.143 6.507
201909 4.457 256.759 5.797
201912 3.754 256.974 4.879
202003 4.062 258.115 5.255
202006 4.873 257.797 6.313
202009 5.290 260.280 6.787
202012 6.020 260.474 7.718
202103 6.883 264.877 8.678
202106 9.913 271.696 12.184
202109 9.884 274.310 12.033
202112 9.767 278.802 11.699
202203 10.841 287.504 12.592
202206 15.499 296.311 17.468
202209 15.795 296.808 17.772
202212 15.122 296.797 17.015
202303 14.118 301.836 15.620
202306 17.130 305.109 18.749
202309 16.972 307.789 18.415
202312 15.748 306.746 17.145
202403 15.374 312.332 16.438
202406 18.292 314.175 19.443
202409 17.852 315.301 18.908
202412 17.060 315.605 18.052
202503 16.589 319.799 17.323
202506 20.604 322.561 21.332
202509 18.454 324.800 18.974
202512 18.658 324.054 19.228
202603 18.172 330.213 18.378
202606 23.766 333.952 23.766

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 2.81 mean?
Crocs (CROX) has a Cyclically Adjusted PS Ratio of 2.81 as of Aug. 18, 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 Crocs and its competitors. This is near median its historical median of 2.65. Over the past decade, Crocs' Cyclically Adjusted PS Ratio has ranged from 0.48 to 9.97. According to the industry distribution chart, Crocs ranks #761 out of 885 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86%.
Is Crocs' Cyclically Adjusted PS Ratio too high?
Crocs' current Cyclically Adjusted PS Ratio of 2.81 is near median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 9.97. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.66. Crocs' value of 2.81 is 325.8% above this industry median. Based on the distribution chart, Crocs ranks #761 out of 885 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Crocs has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Crocs' Cyclically Adjusted PS Ratio compare to BIRK and SHOO?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Crocs ranks #761 out of 885 companies for Cyclically Adjusted PS Ratio. This places Crocs in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.66. Crocs' value of 2.81 is 325.8% above this benchmark. Historically, Crocs' own Cyclically Adjusted PS Ratio has ranged from 0.48 to 9.97 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 0.66, Crocs 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 0.66, based on 885 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. Crocs's current Cyclically Adjusted PS Ratio of 2.81 is 325.8% 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 Crocs and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crocs's current Cyclically Adjusted PS Ratio is 2.81, which is near median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crocs stock overvalued right now?
Based on GuruFocus' analysis, Crocs (CROX) is currently considered Fairly Valued. The stock's GF Value™ is $122.09, compared to a current price of $131.50 — trading 7.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.81, which is near median its 10-year median of 2.65 and 325.8% above the Manufacturing - Apparel & Accessories industry median of 0.66. Crocs' overall GF Score™ is 86/100 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 Crocs (CROX), the current Cyclically Adjusted PS Ratio is 2.81 as of Aug. 18, 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 Crocs (CROX) Overvalued in 2026?

Based on GuruFocus' analysis, Crocs stock appears to be overvalued. The current stock price of $131.50 is trading 7.7% above its estimated GF Value™ of $122.09. GuruFocus considers Crocs to be Fairly Valued.

Key valuation signals for CROX:

  • Cyclically Adjusted PS Ratio: 2.81 (near median its 10-year median of 2.65)
  • GF Value™: $122.09 vs. price of $131.50 (7.7% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 325.8% above the Manufacturing - Apparel & Accessories median (#761 of 885)

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


Crocs Business Description

Address 500 Eldorado Boulevard, Building 5, Broomfield, CO, USA, 80021
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable operating segments of the company are the Crocs Brand and the HEYDUDE Brand. The company derives maximum revenue from the Crocs brand segment.
86GF 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.

$131.50
Price
$122.09
GF Value