DKS (Dick's Sporting Goods) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

DKS Dick's Sporting Goods Inc DKS
84 GF Score
Price $121.15
GF Value $292.94
Valuation Possible Value Trap
! 6 Warning Signs
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What is Dick's Sporting Goods Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dick's Sporting Goods  (NYSE:DKS) 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.


Dick's Sporting Goods Cyclically Adjusted PS Ratio Related Terms


Dick's Sporting Goods Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dick's Sporting Goods'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.

Dick's Sporting Goods Cyclically Adjusted PS Ratio Chart

Dick's Sporting Goods 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 1.35 1.34 1.37 1.99 1.49

Dick's Sporting Goods Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 1.64 1.67 1.48 1.58 1.33

DKS vs FIVE, MUSA, GME: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Dick's Sporting Goods'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.


Dick's Sporting Goods Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dick's Sporting Goods's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


DKS
84GF Score
Dick's Sporting Goods Inc DKS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dick's Sporting Goods 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.

Dick's Sporting Goods's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Dick's Sporting Goods's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=61.985/333.9180*333.9180
=61.985

Current CPI (Jul. 2026) = 333.9180.

Dick's Sporting Goods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 16.189 241.729 22.363
201701 22.244 242.839 30.587
201704 16.384 244.524 22.374
201707 19.847 244.786 27.074
201710 18.374 246.663 24.874
201801 25.453 247.867 34.289
201804 18.695 250.546 24.916
201807 21.864 252.006 28.971
201810 18.973 252.885 25.053
201901 26.098 251.712 34.621
201904 20.349 255.548 26.590
201907 25.271 256.571 32.889
201910 22.658 257.346 29.400
202001 30.377 257.971 39.320
202004 15.922 256.389 20.737
202007 30.547 259.101 39.368
202010 24.978 260.388 32.031
202101 31.484 261.582 40.190
202104 27.532 267.054 34.425
202107 29.970 273.003 36.657
202110 24.173 276.589 29.183
202201 30.651 281.148 36.404
202204 24.857 289.109 28.710
202207 31.004 296.276 34.943
202210 30.604 298.012 34.291
202301 39.353 299.170 43.924
202304 31.698 303.363 34.891
202307 37.146 305.691 40.576
202310 36.094 307.671 39.173
202401 46.638 308.417 50.494
202404 36.215 313.548 38.568
202407 41.945 314.540 44.529
202410 36.933 315.664 39.069
202501 47.037 317.671 49.443
202504 38.964 320.795 40.558
202507 44.997 323.048 46.511
202510 47.842 0.000
202601 68.460 325.252 70.284
202604 57.124 333.020 57.278
202607 61.985 333.918 61.985

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.

Is Dick's Sporting Goods (DKS) Overvalued in 2026?

Based on GuruFocus' analysis, Dick's Sporting Goods stock appears to be undervalued. The current stock price of $121.15 is trading 58.6% below its estimated GF Value™ of $292.94. GuruFocus considers Dick's Sporting Goods to be Possible Value Trap.

Key valuation signals for DKS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $292.94 vs. price of $121.15 (58.6% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Dick's Sporting Goods Business Description

Address 345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods is a retailer that offers sports and outdoor apparel, footwear, and equipment online and in physical stores. The company's legacy business includes more than 700 stores under its own name, more than 110 Golf Galaxy golf specialty stores, and about 50 outlet stores. In September 2025, Dick's acquired multinational retailer Foot Locker. With this move, Dick's added about 2,600 stores under the Foot Locker, Kids Foot Locker, Champs Sports, atmos, and WSS nameplates in North America, the Asia-Pacific, and EMEA—Europe, the Middle East, and Africa. The combined Dick's and Foot Locker has an annual sales base of more than $22 billion. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.
84GF Score

Get the complete analysis for DKS

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

$121.15
Price
$292.94
GF Value