Ermes Department Stores (CYS:ERME) Cyclically Adjusted PS Ratio: 0.02 (As of Jul. 30, 2026) — 50% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Ermes Department Stores Cyclically Adjusted PS Ratio?

Ermes Department Stores CYS:ERME +6.90% Cyclically Adjusted PS Ratio is 0.02 as of Jul. 30, 2026, which is 50% below its 10-year median of 0.04. The stock has 4 warning signs investors should review. Among 794 Retail - Cyclical companies, Ermes Department Stores ranks better than 98.24% on this metric.

As of today (2026-07-30), Ermes Department Stores's current share price is €0.0155. Ermes Department Stores's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was €0.80. Ermes Department Stores's Cyclically Adjusted PS Ratio for today is 0.02.

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

CYS:ERME' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.04
Current: 0.02

During the past 13 years, Ermes Department Stores's highest Cyclically Adjusted PS Ratio was 0.04. The lowest was 0.02. And the median was 0.04.

CYS:ERME's Cyclically Adjusted PS Ratio is ranked better than
98.24% of 794 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs CYS:ERME: 0.02

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.

Ermes Department Stores's adjusted revenue per share data of for the fiscal year that ended in Dec24 was €0.248. 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 €0.80 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ermes Department Stores  (CYS:ERME) 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.


Ermes Department Stores Cyclically Adjusted PS Ratio Related Terms


Ermes Department Stores Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ermes Department Stores'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.

Ermes Department Stores Cyclically Adjusted PS Ratio Chart

Ermes Department Stores Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.02 0.02

Ermes Department Stores Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 0.02 0.00 0.02 0.00

CYS:ERME vs DDS, M: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Ermes Department Stores'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.


Ermes Department Stores Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ermes Department Stores's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ermes Department Stores 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.

Ermes Department Stores's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0155/0.80
=0.02

* 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.

Ermes Department Stores's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Ermes Department Stores's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.248/315.6050*315.6050
=0.248

Current CPI (Dec24) = 315.6050.

Ermes Department Stores Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.867 236.525 1.157
201612 0.877 241.432 1.146
201712 0.902 246.524 1.155
201812 0.925 251.233 1.162
201912 0.773 256.974 0.949
202012 0.531 260.474 0.643
202112 0.583 278.802 0.660
202212 0.629 296.797 0.669
202312 0.250 306.746 0.257
202412 0.248 315.605 0.248

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 0.02 mean?
Ermes Department Stores (CYS:ERME) has a Cyclically Adjusted PS Ratio of 0.02 as of Jul. 30, 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 Ermes Department Stores and its competitors. This is 50% below median its historical median of 0.04. Over the past decade, Ermes Department Stores' Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.04. According to the industry distribution chart, Ermes Department Stores ranks #14 out of 794 companies in the Retail - Cyclical industry, placing it in the top 1.8%.
Is Ermes Department Stores' Cyclically Adjusted PS Ratio too high?
Ermes Department Stores' current Cyclically Adjusted PS Ratio of 0.02 is 50% below median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.04. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Ermes Department Stores' value of 0.02 is 95.9% below this industry median. Based on the distribution chart, Ermes Department Stores ranks #14 out of 794 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers.
How does Ermes Department Stores' Cyclically Adjusted PS Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Ermes Department Stores ranks #14 out of 794 companies for Cyclically Adjusted PS Ratio. This places Ermes Department Stores in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.49. Ermes Department Stores' value of 0.02 is 95.9% below this benchmark. Historically, Ermes Department Stores' own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.04 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.49, Ermes Department Stores 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 - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 794 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. Ermes Department Stores's current Cyclically Adjusted PS Ratio of 0.02 is 95.9% 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 Ermes Department Stores and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermes Department Stores's current Cyclically Adjusted PS Ratio is 0.02, which is 50% below median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermes Department Stores stock overvalued right now?
Based on GuruFocus' analysis, Ermes Department Stores (CYS:ERME) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 55% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.02, which is 50% below median its 10-year median of 0.04 and 95.9% below the Retail - Cyclical industry median of 0.49. 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 Ermes Department Stores (CYS:ERME), the current Cyclically Adjusted PS Ratio is 0.02 as of Jul. 30, 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.

Ermes Department Stores Business Description

Address Mansion, Old Nicosia - Limassol Road, Shacolas, Athalassa, Nicosia, CYP, 1584
Ermes Department Stores PLC is engaged in operation of department stores. It sells fashion, cosmetics, toys, home goods and other goods and services for all ages and the family.