Capital Southwest (FRA:SFW) Cyclically Adjusted PS Ratio: (As of Aug. 08, 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.

FRA:SFW Capital Southwest Corp FRA:SFW
56 GF Score
Price €21.60
GF Value €23.33
Valuation Fairly Valued
! 11 Warning Signs
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What is Capital Southwest Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital Southwest  (FRA:SFW) 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.


Capital Southwest Cyclically Adjusted PS Ratio Related Terms


Capital Southwest Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Capital Southwest'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.

Capital Southwest Cyclically Adjusted PS Ratio Chart

Capital Southwest Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.49 4.75 7.98 7.85 7.27

Capital Southwest 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 7.66 7.43 7.43 7.27 7.76

FRA:SFW vs QQQX, BTT, ECAT: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Capital Southwest'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.


Capital Southwest Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


FRA:SFW
56GF Score
Capital Southwest Corp FRA:SFW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Capital Southwest 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.

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

For example, Capital Southwest'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)
=0.402/333.9520*333.9520
=0.402

Current CPI (Jun. 2026) = 333.9520.

Capital Southwest Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.574 241.428 0.794
201612 0.686 241.432 0.949
201703 0.595 243.801 0.815
201706 0.498 244.955 0.679
201709 0.642 246.819 0.869
201712 0.696 246.524 0.943
201803 0.928 249.554 1.242
201806 0.816 251.989 1.081
201809 0.549 252.439 0.726
201812 0.411 251.233 0.546
201903 0.764 254.202 1.004
201906 0.582 256.143 0.759
201909 0.403 256.759 0.524
201912 0.076 256.974 0.099
202003 -1.032 258.115 -1.335
202006 0.657 257.797 0.851
202009 0.975 260.280 1.251
202012 0.961 260.474 1.232
202103 0.636 264.877 0.802
202106 0.789 271.696 0.970
202109 0.706 274.310 0.860
202112 0.721 278.802 0.864
202203 0.940 287.504 1.092
202206 0.314 296.311 0.354
202209 0.599 296.808 0.674
202212 0.358 296.797 0.403
202303 0.651 301.836 0.720
202306 0.743 305.109 0.813
202309 0.637 307.789 0.691
202312 0.702 306.746 0.764
202403 0.418 312.332 0.447
202406 0.484 314.175 0.514
202409 0.527 315.301 0.558
202412 0.470 315.605 0.497
202503 0.494 319.799 0.516
202506 0.531 322.561 0.550
202509 0.478 324.800 0.491
202512 0.561 324.054 0.578
202603 0.410 330.213 0.415
202606 0.402 333.952 0.402

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 Capital Southwest (FRA:SFW) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Southwest stock appears to be undervalued. The current stock price of €21.60 is trading 7.4% below its estimated GF Value™ of €23.33. GuruFocus considers Capital Southwest to be Fairly Valued.

Key valuation signals for FRA:SFW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €23.33 vs. price of €21.60 (7.4% below fair value)
  • GF Score™: 56/100 with 11 warning signs

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


Capital Southwest Business Description

Other Exchanges CSWC:USA
Address 8333 Douglas Avenue, Suite 1100, Dallas, TX, USA, 75225
Capital Southwest Corp is a U.S.-based investment company that specializes in providing customized financing to middle market companies across various industries. The company's investment objective is to produce attractive risk-adjusted returns by generating current income from debt investments and capital appreciation from equity and equity related investments. It focuses on providing flexible financing solutions through partnerships with business owners, management teams, and financial sponsors. The company's portfolio may include senior debt, second lien, and subordinated debt, preferred stocks, common stocks, and warrants. The primary source of revenue comprises interest income and dividend income from investments made as well as management fees.
56GF Score

Get the complete analysis for FRA:SFW

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

€21.60
Price
€23.33
GF Value