EQS (Equus Total Return) Cyclically Adjusted PS Ratio: 6.44 (As of Aug. 27, 2026) — Near Median

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EQS Equus Total Return Inc EQS
28 GF Score
Price $1.03
! 1 Warning Sign
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What is Equus Total Return Cyclically Adjusted PS Ratio?

Equus Total Return EQS -0.96% 28 Cyclically Adjusted PS Ratio is 6.44 as of Aug. 27, 2026, which is 6% below its 10-year median of 6.86. GuruFocus rates EQS with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 914 Asset Management companies, Equus Total Return ranks better than 58.86% on this metric.

As of today (2026-08-27), Equus Total Return's current share price is $1.03. Equus Total Return's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $0.16. Equus Total Return's Cyclically Adjusted PS Ratio for today is 6.44.

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

EQS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.5   Med: 6.86   Max: 54.5
Current: 6.47

During the past years, Equus Total Return's highest Cyclically Adjusted PS Ratio was 54.50. The lowest was 2.50. And the median was 6.86.

EQS's Cyclically Adjusted PS Ratio is ranked better than
58.86% of 914 companies
in the Asset Management industry
Industry Median: 7.92 vs EQS: 6.47

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.

Equus Total Return's adjusted revenue per share data for the three months ended in Jun. 2026 was $-0.242. 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 $0.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equus Total Return  (NYSE:EQS) 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.


Equus Total Return Cyclically Adjusted PS Ratio Related Terms


Equus Total Return Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Equus Total Return'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.

Equus Total Return Cyclically Adjusted PS Ratio Chart

Equus Total Return 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 9.42 0.00 3.37 3.58 7.33

Equus Total Return 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 4.30 8.48 7.33 8.54 7.71

EQS vs AVAT, FXBY, ICMB: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Equus Total Return'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.


Equus Total Return Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Equus Total Return's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


EQS
28GF Score
Equus Total Return Inc EQS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equus Total Return 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.

Equus Total Return's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.03/0.16
=6.44

* 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.

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

For example, Equus Total Return'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)
=-0.242/333.9520*333.9520
=-0.242

Current CPI (Jun. 2026) = 333.9520.

Equus Total Return Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.209 241.428 0.289
201612 0.167 241.432 0.231
201703 0.068 243.801 0.093
201706 0.041 244.955 0.056
201709 0.032 246.819 0.043
201712 0.140 246.524 0.190
201803 0.086 249.554 0.115
201806 0.136 251.989 0.180
201809 0.234 252.439 0.310
201812 -0.154 251.233 -0.205
201903 0.294 254.202 0.386
201906 0.162 256.143 0.211
201909 0.142 256.759 0.185
201912 -0.162 256.974 -0.211
202003 -0.455 258.115 -0.589
202006 0.246 257.797 0.319
202009 -0.238 260.280 -0.305
202012 -0.082 260.474 -0.105
202103 0.098 264.877 0.124
202106 0.103 271.696 0.127
202109 0.168 274.310 0.205
202112 0.080 278.802 0.096
202203 0.148 287.504 0.172
202206 0.037 296.311 0.042
202209 0.000 296.808 0.000
202212 0.000 296.797 0.000
202303 0.001 301.836 0.001
202306 0.505 305.109 0.553
202309 0.610 307.789 0.662
202312 0.158 306.746 0.172
202403 -0.078 312.332 -0.083
202406 0.374 314.175 0.398
202409 -0.638 315.301 -0.676
202412 -0.712 315.605 -0.753
202503 0.345 319.799 0.360
202506 0.061 322.561 0.063
202509 -0.494 324.800 -0.508
202512 -0.660 324.054 -0.680
202603 0.300 330.213 0.303
202606 -0.242 333.952 -0.242

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 6.44 mean?
Equus Total Return (EQS) has a Cyclically Adjusted PS Ratio of 6.44 as of Aug. 27, 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 Equus Total Return and its competitors. This is near median its historical median of 6.86. Over the past decade, Equus Total Return's Cyclically Adjusted PS Ratio has ranged from 2.50 to 54.50. According to the industry distribution chart, Equus Total Return ranks #376 out of 914 companies in the Asset Management industry, placing it in the top 41.1%.
Is Equus Total Return's Cyclically Adjusted PS Ratio too high?
Equus Total Return's current Cyclically Adjusted PS Ratio of 6.44 is near median its 10-year median of 6.86. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 54.50. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.92. Equus Total Return's value of 6.44 is 18.7% below this industry median. Based on the distribution chart, Equus Total Return ranks #376 out of 914 companies in the Asset Management industry, which is above the industry midpoint. Overall, Equus Total Return has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Equus Total Return's Cyclically Adjusted PS Ratio compare to AVAT and FXBY?
According to the Asset Management industry distribution chart, Equus Total Return ranks #376 out of 914 companies for Cyclically Adjusted PS Ratio. This puts Equus Total Return in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.92. Equus Total Return's value of 6.44 is 18.7% below this benchmark. Historically, Equus Total Return's own Cyclically Adjusted PS Ratio has ranged from 2.50 to 54.50 over the past decade. While the company's 10-year median is 6.86 vs. the industry median of 7.92, Equus Total Return 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.92, based on 914 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. Equus Total Return's current Cyclically Adjusted PS Ratio of 6.44 is 18.7% 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 Equus Total Return and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equus Total Return's current Cyclically Adjusted PS Ratio is 6.44, which is near median its own 10-year median of 6.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equus Total Return stock overvalued right now?
Equus Total Return (EQS) has a current Cyclically Adjusted PS Ratio of 6.44. The current Cyclically Adjusted PS Ratio is 6.44, which is near median its 10-year median of 6.86 and 18.7% below the Asset Management industry median of 7.92. Equus Total Return's overall GF Score™ is 28/100 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 Equus Total Return (EQS), the current Cyclically Adjusted PS Ratio is 6.44 as of Aug. 27, 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.

Equus Total Return Business Description

Address 700 Louisiana Street, 41st Floor, Houston, TX, USA, 77002
Equus Total Return Inc is a United States-based closed-end management investment company. The company invests mainly in companies pursuing growth either through acquisition or organically, leveraged buyouts, management buyouts, and recapitalizations of existing businesses or special situations, and achieves capital appreciation by making investments in equity and equity-oriented securities issued by privately-owned companies or smaller public companies in transactions.
28GF 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.

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