CVCO (Cavco Industries) Cyclically Adjusted PS Ratio: 2.93 (As of Jul. 24, 2026) — 21% Above Median

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CVCO Cavco Industries Inc CVCO
96 GF Score
Price $562.10
GF Value $537.07
Valuation Fairly Valued
! 1 Warning Sign
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What is Cavco Industries Cyclically Adjusted PS Ratio?

Cavco Industries CVCO -1.33% 96 Cyclically Adjusted PS Ratio is 2.93 as of Jul. 24, 2026, which is 21% above its 10-year median of 2.43. GuruFocus rates CVCO with a GF Score™ of 96/100 and a GF Value™ of $537.07 (Fairly Valued). The stock has 1 warning sign investors should review. Among 72 Homebuilding & Construction companies, Cavco Industries ranks worse than 91.67% on this metric.

As of today (2026-07-24), Cavco Industries's current share price is $562.10. Cavco Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $191.63. Cavco Industries's Cyclically Adjusted PS Ratio for today is 2.93.

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

CVCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.43   Max: 4.05
Current: 2.93

During the past years, Cavco Industries's highest Cyclically Adjusted PS Ratio was 4.05. The lowest was 1.34. And the median was 2.43.

CVCO's Cyclically Adjusted PS Ratio is ranked worse than
91.67% of 72 companies
in the Homebuilding & Construction industry
Industry Median: 0.655 vs CVCO: 2.93

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.

Cavco Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was $70.178. 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 $191.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cavco Industries  (NAS:CVCO) 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.


Cavco Industries Cyclically Adjusted PS Ratio Related Terms


Cavco Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cavco Industries'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.

Cavco Industries Cyclically Adjusted PS Ratio Chart

Cavco Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 2.42 2.68 3.09 2.53

Cavco Industries 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 3.09 2.49 3.23 3.21 2.53

CVCO vs SKY, MHO, MTH: Cyclically Adjusted PS Ratio Comparison

For the Residential Construction subindustry, Cavco Industries'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.


Cavco Industries Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cavco Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CVCO
96GF Score
Cavco Industries Inc CVCO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cavco Industries 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.

Cavco Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=562.10/191.63
=2.93

* 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.

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

For example, Cavco Industries'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)
=70.178/330.2130*330.2130
=70.178

Current CPI (Mar. 2026) = 330.2130.

Cavco Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 20.379 241.018 27.921
201609 20.695 241.428 28.306
201612 22.225 241.432 30.398
201703 21.677 243.801 29.360
201706 22.573 244.955 30.430
201709 21.837 246.819 29.215
201712 24.024 246.524 32.180
201803 26.222 249.554 34.697
201806 26.589 251.989 34.843
201809 25.960 252.439 33.958
201812 25.210 251.233 33.135
201903 26.128 254.202 33.941
201906 28.644 256.143 36.927
201909 28.996 256.759 37.291
201912 29.451 256.974 37.845
202003 27.461 258.115 35.132
202006 27.501 257.797 35.226
202009 27.754 260.280 35.211
202012 31.064 260.474 39.381
202103 32.897 264.877 41.012
202106 35.617 271.696 43.288
202109 38.773 274.310 46.675
202112 46.571 278.802 55.159
202203 54.682 287.504 62.805
202206 65.451 296.311 72.939
202209 64.305 296.808 71.542
202212 56.021 296.797 62.328
202303 54.196 301.836 59.291
202306 54.336 305.109 58.807
202309 51.773 307.789 55.545
202312 52.985 306.746 57.039
202403 49.736 312.332 52.583
202406 57.047 314.175 59.959
202409 61.103 315.301 63.993
202412 63.765 315.605 66.716
202503 62.261 319.799 64.288
202506 69.252 322.561 70.895
202509 69.627 324.800 70.787
202512 73.627 324.054 75.026
202603 70.178 330.213 70.178

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 2.93 mean?
Cavco Industries (CVCO) has a Cyclically Adjusted PS Ratio of 2.93 as of Jul. 24, 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 Cavco Industries and its competitors. This is 21% above median its historical median of 2.43. Over the past decade, Cavco Industries' Cyclically Adjusted PS Ratio has ranged from 1.34 to 4.05. According to the industry distribution chart, Cavco Industries ranks #66 out of 72 companies in the Homebuilding & Construction industry, placing it in the top 91.7%.
Is Cavco Industries' Cyclically Adjusted PS Ratio too high?
Cavco Industries' current Cyclically Adjusted PS Ratio of 2.93 is 21% above median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 4.05. The Homebuilding & Construction industry median Cyclically Adjusted PS Ratio is 0.66. Cavco Industries' value of 2.93 is 347.3% above this industry median. Based on the distribution chart, Cavco Industries ranks #66 out of 72 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Cavco Industries has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cavco Industries' Cyclically Adjusted PS Ratio compare to SKY and MHO?
According to the Homebuilding & Construction industry distribution chart, Cavco Industries ranks #66 out of 72 companies for Cyclically Adjusted PS Ratio. This places Cavco Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.66. Cavco Industries' value of 2.93 is 347.3% above this benchmark. Historically, Cavco Industries' own Cyclically Adjusted PS Ratio has ranged from 1.34 to 4.05 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 0.66, Cavco Industries 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 Homebuilding & Construction company?
The median Cyclically Adjusted PS Ratio among Homebuilding & Construction companies is 0.66, based on 72 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. Cavco Industries's current Cyclically Adjusted PS Ratio of 2.93 is 347.3% 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 Cavco Industries and its competitors. For the Homebuilding & Construction 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. Cavco Industries's current Cyclically Adjusted PS Ratio is 2.93, which is 21% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cavco Industries stock overvalued right now?
Based on GuruFocus' analysis, Cavco Industries (CVCO) is currently considered Fairly Valued. The stock's GF Value™ is $537.07, compared to a current price of $562.10 — trading 4.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.93, which is 21% above median its 10-year median of 2.43 and 347.3% above the Homebuilding & Construction industry median of 0.66. Cavco Industries' overall GF Score™ is 96/100 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 Cavco Industries (CVCO), the current Cyclically Adjusted PS Ratio is 2.93 as of Jul. 24, 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 Cavco Industries (CVCO) Overvalued in 2026?

Based on GuruFocus' analysis, Cavco Industries stock appears to be overvalued. The current stock price of $562.10 is trading 4.7% above its estimated GF Value™ of $537.07. GuruFocus considers Cavco Industries to be Fairly Valued.

Key valuation signals for CVCO:

  • Cyclically Adjusted PS Ratio: 2.93 (21% above median its 10-year median of 2.43)
  • GF Value™: $537.07 vs. price of $562.10 (4.7% above fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 347.3% above the Homebuilding & Construction median (#66 of 72)

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


Cavco Industries Business Description

Address 3636 North Central Avenue, Suite 1200, Phoenix, AZ, USA, 85012
Cavco Industries Inc designs and produces factory-built homes distributed through a network of independent and company-owned retailers, planned community operators and residential developers. It is also a producer of park model RVs, vacation cabins and Factory-built commercial structures. It operates principally in two segments: factory-built housing, which includes wholesale and retail factory-built housing operations and Financial services, which include manufactured housing consumer finance and insurance. The factory-built housing segment generates the majority of revenue from building and selling manufactured and modular homes to both wholesale customers and end consumers through company owned retail stores.
96GF Score

Get the complete analysis for CVCO

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

$562.10
Price
$537.07
GF Value