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TeslaHAM:TL0 -0.43%85 Cyclically Adjusted PS Ratio is 22.20 as of Jul. 16, 2026, which is 2% above its 10-year median of 21.71. GuruFocus rates HAM:TL0 with a GF Score™ of 85/100 and a GF Value™ of €255.87 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,041 Vehicles & Parts companies, Tesla ranks worse than 99.52% on this metric.
As of today (2026-07-16), Tesla's current share price is €347.05. Tesla's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €15.63. Tesla's Cyclically Adjusted PS Ratio for today is 22.20.
The historical rank and industry rank for Tesla's Cyclically Adjusted PS Ratio or its related term are showing as below:
HAM:TL0'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.04 Med: 21.71 Max: 74.34
Current: 21.48
During the past years, Tesla's highest Cyclically Adjusted PS Ratio was 74.34. The lowest was 5.04. And the median was 21.71.
HAM:TL0's Cyclically Adjusted PS Ratio is ranked worse than 99.52% of 1041
companies
in the Vehicles & Parts industry
Industry Median: 0.74
vs HAM:TL0: 21.48
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.
Tesla's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.473. 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 €15.63 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tesla (HAM:TL0) 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.
Tesla Cyclically Adjusted PS Ratio Related Terms
Tesla Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Tesla'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.
HAM:TL0 vs GM, F, RIVN: Cyclically Adjusted PS Ratio Comparison
For the Auto Manufacturers subindustry, Tesla'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.
Tesla Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Tesla's Cyclically Adjusted PS Ratio falls into.
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.
Tesla's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 22.20 mean?
Tesla (HAM:TL0) has a Cyclically Adjusted PS Ratio of 22.20 as of Jul. 16, 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 Tesla and its competitors. This is near median its historical median of 21.71. Over the past decade, Tesla's Cyclically Adjusted PS Ratio has ranged from 5.04 to 74.34. According to the industry distribution chart, Tesla ranks #1036 out of 1041 companies in the Vehicles & Parts industry, placing it in the top 99.5%.
Is Tesla's Cyclically Adjusted PS Ratio too high?
Tesla's current Cyclically Adjusted PS Ratio of 22.20 is near median its 10-year median of 21.71. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 74.34. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Tesla's value of 22.20 is 2900% above this industry median. Based on the distribution chart, Tesla ranks #1036 out of 1041 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tesla has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tesla's Cyclically Adjusted PS Ratio compare to GM and F?
According to the Vehicles & Parts industry distribution chart, Tesla ranks #1036 out of 1041 companies for Cyclically Adjusted PS Ratio. This places Tesla in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Tesla's value of 22.20 is 2900% above this benchmark. Historically, Tesla's own Cyclically Adjusted PS Ratio has ranged from 5.04 to 74.34 over the past decade. While the company's 10-year median is 21.71 vs. the industry median of 0.74, Tesla has consistently been above 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,041 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. Tesla's current Cyclically Adjusted PS Ratio of 22.20 is 2900% above 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 Tesla and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesla's current Cyclically Adjusted PS Ratio is 22.20, which is near median its own 10-year median of 21.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla stock overvalued right now?
Based on GuruFocus' analysis, Tesla (HAM:TL0) is currently considered Significantly Overvalued. The stock's GF Value™ is €255.87, compared to a current price of €347.05 — trading 35.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 22.20, which is near median its 10-year median of 21.71 and 2900% above the Vehicles & Parts industry median of 0.74. Tesla's overall GF Score™ is 85/100 with 6 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 Tesla (HAM:TL0), the current Cyclically Adjusted PS Ratio is 22.20 as of Jul. 16, 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 Tesla (HAM:TL0) Overvalued in 2026?
Based on GuruFocus' analysis, Tesla stock appears to be overvalued.
The current stock price of €347.05 is trading 35.6% above its estimated GF Value™ of €255.87.
GuruFocus considers Tesla to be Significantly Overvalued.
Key valuation signals for HAM:TL0:
Cyclically Adjusted PS Ratio: 22.20 (near median its 10-year median of 21.71)
GF Value™: €255.87 vs. price of €347.05 (35.6% above fair value)
Industry Position: 2900% above the Vehicles & Parts median (#1036 of 1041)
No single metric tells the full story. See the HAM:TL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tesla is a vertically integrated battery electric vehicle automaker and developer of real-world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include a midsize sedan and crossover SUV in the entry-level luxury category, a luxury light truck, and a semitruck. Tesla also runs a robotaxi service in four US metropolitan areas. Global deliveries in 2025 were nearly 1.64 million vehicles. Additionally, the company sells batteries for stationary storage for residential and commercial properties, including utilities, solar panels, and solar roofs for energy generation. Tesla also owns a fast-charging network and a US auto insurance business.
85GF Score
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