Dillard's (FRA:DL7A) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:DL7A Dillard's Inc FRA:DL7A
79 GF Score
Price €550.00
GF Value €371.72
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Dillard's Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dillard's  (FRA:DL7A) 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.


Dillard's Cyclically Adjusted PS Ratio Related Terms


Dillard's Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dillard's'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.

Dillard's Cyclically Adjusted PS Ratio Chart

Dillard's 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 1.15 1.53 1.39 1.55 1.60

Dillard's 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 1.35 1.63 1.58 1.46 1.57

FRA:DL7A vs M, PLBL, KSS: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Dillard's'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.


Dillard's Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


FRA:DL7A
79GF Score
Dillard's Inc FRA:DL7A
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dillard's 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.

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

For example, Dillard's'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)
=84.954/333.9180*333.9180
=84.954

Current CPI (Jul. 2026) = 333.9180.

Dillard's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 37.150 241.729 51.318
201701 56.237 242.839 77.329
201704 43.490 244.524 59.389
201707 44.274 244.786 60.395
201710 40.830 246.663 55.273
201801 62.302 247.867 83.931
201804 43.477 250.546 57.944
201807 46.366 252.006 61.437
201810 46.072 252.885 60.835
201901 68.148 251.712 90.404
201904 50.390 255.548 65.843
201907 50.780 256.571 66.088
201910 51.650 257.346 67.018
202001 72.136 257.971 93.373
202004 32.147 256.389 41.868
202007 36.362 259.101 46.862
202010 40.066 260.388 51.380
202101 60.943 261.582 77.796
202104 51.878 267.054 64.867
202107 63.285 273.003 77.406
202110 64.160 276.589 77.459
202201 98.374 281.148 116.838
202204 80.996 289.109 93.550
202207 88.105 296.276 99.299
202210 92.164 298.012 103.268
202301 120.435 299.170 134.423
202304 87.980 303.363 96.841
202307 88.816 305.691 97.017
202310 85.678 307.671 92.987
202401 122.623 308.417 132.762
202404 89.787 313.548 95.620
202407 86.331 314.540 91.650
202410 81.877 315.664 86.612
202501 123.055 317.671 129.349
202504 90.798 320.795 94.512
202507 85.537 323.048 88.415
202510 81.831 0.000
202601 109.285 325.252 112.197
202604 87.005 333.020 87.240
202607 84.954 333.918 84.954

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 Dillard's (FRA:DL7A) Overvalued in 2026?

Based on GuruFocus' analysis, Dillard's stock appears to be overvalued. The current stock price of €550.00 is trading 48% above its estimated GF Value™ of €371.72. GuruFocus considers Dillard's to be Significantly Overvalued.

Key valuation signals for FRA:DL7A:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €371.72 vs. price of €550.00 (48% above fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the FRA:DL7A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dillard's Business Description

Other Exchanges DDS:USA
Address 1600 Cantrell Road, Little Rock, AR, USA, 72201
Dillard's Inc is an American fashion apparel, cosmetics, and home furnishings retailer. It operates Dillard's stores, clearance centers, and an Internet store at dillards.com, offering a wide selection of merchandise, including fashion apparel for women, men, and children, accessories, cosmetics, home furnishings, and other consumer goods. The merchandise selections include exclusive brand merchandise such as Antonio Melani, Gianni Bini, Daniel Cremieux, Roundtree & Yorke, and private-label merchandise, among others. The company also operates a general contracting construction company, which is involved in constructing and remodelling stores for Dillard's. It operates in two business segments: Retail Operations, which generates the maximum revenue, and Construction.
79GF Score

Get the complete analysis for FRA:DL7A

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

€550.00
Price
€371.72
GF Value