Caleres (FRA:BRP) Cyclically Adjusted PS Ratio: 0.15 (As of Aug. 04, 2026) — 56% 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.

FRA:BRP Caleres Inc FRA:BRP
66 GF Score
Price €11.10
GF Value €21.26
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Caleres Cyclically Adjusted PS Ratio?

Caleres FRA:BRP -1.77% 66 Cyclically Adjusted PS Ratio is 0.15 as of Aug. 04, 2026, which is 56% below its 10-year median of 0.34. GuruFocus rates FRA:BRP with a GF Score™ of 66/100 and a GF Value™ of €21.26 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 793 Retail - Cyclical companies, Caleres ranks better than 81.97% on this metric.

As of today (2026-08-04), Caleres's current share price is €11.10. Caleres's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €72.31. Caleres's Cyclically Adjusted PS Ratio for today is 0.15.

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

FRA:BRP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.34   Max: 0.62
Current: 0.16

During the past years, Caleres's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.05. And the median was 0.34.

FRA:BRP's Cyclically Adjusted PS Ratio is ranked better than
81.97% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs FRA:BRP: 0.16

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.

Caleres's adjusted revenue per share data for the three months ended in Apr. 2026 was €17.403. 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 €72.31 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caleres  (FRA:BRP) 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.


Caleres Cyclically Adjusted PS Ratio Related Terms


Caleres Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Caleres'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.

Caleres Cyclically Adjusted PS Ratio Chart

Caleres 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 0.34 0.34 0.40 0.23 0.15

Caleres Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.19 0.17 0.13 0.15 0.15

FRA:BRP vs SHOE, GCO, LE: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Caleres'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.


Caleres Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


FRA:BRP
66GF Score
Caleres Inc FRA:BRP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caleres 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.10/72.31
=0.15

* 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.

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

For example, Caleres's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=17.403/333.0200*333.0200
=17.403

Current CPI (Apr. 2026) = 333.0200.

Caleres Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 13.364 240.628 18.495
201610 15.853 241.729 21.840
201701 14.308 242.839 19.621
201704 14.028 244.524 19.105
201707 13.990 244.786 19.033
201710 15.707 246.663 21.206
201801 13.715 247.867 18.427
201804 12.257 250.546 16.292
201807 14.374 252.006 18.995
201810 16.030 252.885 21.110
201901 15.333 251.712 20.286
201904 14.784 255.548 19.266
201907 16.778 256.571 21.777
201910 18.221 257.346 23.579
202001 -3.287 257.971 -4.243
202004 9.455 256.389 12.281
202007 11.755 259.101 15.109
202010 14.984 260.388 19.164
202101 12.821 261.582 16.322
202104 14.483 267.054 18.060
202107 15.385 273.003 18.767
202110 18.099 276.589 21.792
202201 16.219 281.148 19.211
202204 18.560 289.109 21.379
202207 20.446 296.276 22.982
202210 23.225 298.012 25.953
202301 18.653 299.170 20.764
202304 17.567 303.363 19.284
202307 18.342 305.691 19.982
202310 21.263 307.671 23.015
202401 18.828 308.417 20.330
202404 18.124 313.548 19.250
202407 18.536 314.540 19.625
202410 20.279 315.664 21.394
202501 18.929 317.671 19.844
202504 16.742 320.795 17.380
202507 17.300 323.048 17.834
202510 20.790 0.000
202601 18.180 325.252 18.614
202604 17.403 333.020 17.403

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 0.15 mean?
Caleres (FRA:BRP) has a Cyclically Adjusted PS Ratio of 0.15 as of Aug. 04, 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 Caleres and its competitors. This is 56% below median its historical median of 0.34. Over the past decade, Caleres' Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.62. According to the industry distribution chart, Caleres ranks #143 out of 793 companies in the Retail - Cyclical industry, placing it in the top 18%.
Is Caleres' Cyclically Adjusted PS Ratio too high?
Caleres' current Cyclically Adjusted PS Ratio of 0.15 is 56% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.62. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Caleres' value of 0.15 is 69.4% below this industry median. Based on the distribution chart, Caleres ranks #143 out of 793 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Caleres has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caleres' Cyclically Adjusted PS Ratio compare to SHOE and GCO?
According to the Retail - Cyclical industry distribution chart, Caleres ranks #143 out of 793 companies for Cyclically Adjusted PS Ratio. This places Caleres in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.49. Caleres' value of 0.15 is 69.4% below this benchmark. Historically, Caleres' own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.62 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.49, Caleres 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 793 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. Caleres's current Cyclically Adjusted PS Ratio of 0.15 is 69.4% 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 Caleres 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. Caleres's current Cyclically Adjusted PS Ratio is 0.15, which is 56% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caleres stock overvalued right now?
Based on GuruFocus' analysis, Caleres (FRA:BRP) is currently considered Significantly Undervalued. The stock's GF Value™ is €21.26, compared to a current price of €11.10 — trading 47.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.15, which is 56% below median its 10-year median of 0.34 and 69.4% below the Retail - Cyclical industry median of 0.49. Caleres' overall GF Score™ is 66/100 with 5 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 Caleres (FRA:BRP), the current Cyclically Adjusted PS Ratio is 0.15 as of Aug. 04, 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 Caleres (FRA:BRP) Overvalued in 2026?

Based on GuruFocus' analysis, Caleres stock appears to be undervalued. The current stock price of €11.10 is trading 47.8% below its estimated GF Value™ of €21.26. GuruFocus considers Caleres to be Significantly Undervalued.

Key valuation signals for FRA:BRP:

  • Cyclically Adjusted PS Ratio: 0.15 (56% below median its 10-year median of 0.34)
  • GF Value™: €21.26 vs. price of €11.10 (47.8% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 69.4% below the Retail - Cyclical median (#143 of 793)

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


Caleres Business Description

Other Exchanges CAL:USABRP:Germany
Address 8300 Maryland Avenue, St. Louis, MO, USA, 63105
Caleres Inc is a footwear company that operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures, and distributes footwear for people of all ages. The Company's business operations are organized into two reportable segments - Famous Footwear and Brand Portfolio. The Famous Footwear segment is comprised of its Famous Footwear retail stores, famousfootwear.com, and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a cultivated portfolio of known brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear. Geographically, the company generates the majority of its revenue from Domestic operations.
66GF Score

Get the complete analysis for FRA:BRP

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

€11.10
Price
€21.26
GF Value