VF (HAM:VFP) Cyclically Adjusted PS Ratio: 0.47 (As of Aug. 02, 2026) — 79% Below Median

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HAM:VFP VF Corp HAM:VFP
72 GF Score
Price €12.52
GF Value €13.75
Valuation Fairly Valued
! 4 Warning Signs
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What is VF Cyclically Adjusted PS Ratio?

VF HAM:VFP -3.51% 72 Cyclically Adjusted PS Ratio is 0.47 as of Aug. 02, 2026, which is 79% below its 10-year median of 2.19. GuruFocus rates HAM:VFP with a GF Score™ of 72/100 and a GF Value™ of €13.75 (Fairly Valued). The stock has 4 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, VF ranks better than 58.92% on this metric.

As of today (2026-08-02), VF's current share price is €12.515. VF's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €26.67. VF's Cyclically Adjusted PS Ratio for today is 0.47.

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

HAM:VFP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 2.19   Max: 3.87
Current: 0.47

During the past years, VF's highest Cyclically Adjusted PS Ratio was 3.87. The lowest was 0.34. And the median was 2.19.

HAM:VFP's Cyclically Adjusted PS Ratio is ranked better than
58.92% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs HAM:VFP: 0.47

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.

VF's adjusted revenue per share data for the three months ended in Jun. 2026 was €3.695. 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 €26.67 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


VF  (HAM:VFP) 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.


VF Cyclically Adjusted PS Ratio Related Terms


VF Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VF'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.

VF Cyclically Adjusted PS Ratio Chart

VF Annual Data
Trend Dec17 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 1.90 0.74 0.49 0.50 0.55

VF 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 0.38 0.47 0.59 0.55 0.54

HAM:VFP vs KTB, LEVI, ZGN: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, VF'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.


VF Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VF's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:VFP
72GF Score
VF Corp HAM:VFP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VF 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.515/26.67
=0.47

* 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.

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

For example, VF'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)
=3.695/333.9520*333.9520
=3.695

Current CPI (Jun. 2026) = 333.9520.

VF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.072 241.428 9.782
201612 6.224 241.432 8.609
201703 5.803 243.801 7.949
201706 5.243 244.955 7.148
201709 7.408 246.819 10.023
201712 -0.117 246.524 -0.158
201803 6.155 249.554 8.237
201806 5.973 251.989 7.916
201809 8.331 252.439 11.021
201812 8.664 251.233 11.517
201903 -0.814 254.202 -1.069
201906 4.515 256.143 5.887
201909 7.177 256.759 9.335
201912 7.095 256.974 9.220
202003 4.814 258.115 6.228
202006 2.446 257.797 3.169
202009 5.661 260.280 7.263
202012 6.218 260.474 7.972
202103 5.511 264.877 6.948
202106 4.622 271.696 5.681
202109 6.899 274.310 8.399
202112 8.172 278.802 9.789
202203 6.593 287.504 7.658
202206 5.520 296.311 6.221
202209 8.026 296.808 9.030
202212 8.586 296.797 9.661
202303 5.330 301.836 5.897
202306 4.961 305.109 5.430
202309 7.046 307.789 7.645
202312 6.564 306.746 7.146
202403 5.321 312.332 5.689
202406 4.228 314.175 4.494
202409 6.356 315.301 6.732
202412 6.871 315.605 7.270
202503 5.008 319.799 5.230
202506 3.914 322.561 4.052
202509 6.061 324.800 6.232
202512 6.184 324.054 6.373
202603 4.681 330.213 4.734
202606 3.695 333.952 3.695

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 0.47 mean?
VF (HAM:VFP) has a Cyclically Adjusted PS Ratio of 0.47 as of Aug. 02, 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 VF and its competitors. This is 79% below median its historical median of 2.19. Over the past decade, VF's Cyclically Adjusted PS Ratio has ranged from 0.34 to 3.87. According to the industry distribution chart, VF ranks #364 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.1%.
Is VF's Cyclically Adjusted PS Ratio too high?
VF's current Cyclically Adjusted PS Ratio of 0.47 is 79% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 3.87. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. VF's value of 0.47 is 26.6% below this industry median. Based on the distribution chart, VF ranks #364 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, VF has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VF's Cyclically Adjusted PS Ratio compare to KTB and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VF ranks #364 out of 886 companies for Cyclically Adjusted PS Ratio. This puts VF in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. VF's value of 0.47 is 26.6% below this benchmark. Historically, VF's own Cyclically Adjusted PS Ratio has ranged from 0.34 to 3.87 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 0.64, VF 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 886 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. VF's current Cyclically Adjusted PS Ratio of 0.47 is 26.6% 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 VF and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VF's current Cyclically Adjusted PS Ratio is 0.47, which is 79% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VF stock overvalued right now?
Based on GuruFocus' analysis, VF (HAM:VFP) is currently considered Fairly Valued. The stock's GF Value™ is €13.75, compared to a current price of €12.52 — trading 9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 79% below median its 10-year median of 2.19 and 26.6% below the Manufacturing - Apparel & Accessories industry median of 0.64. VF's overall GF Score™ is 72/100 with 4 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 VF (HAM:VFP), the current Cyclically Adjusted PS Ratio is 0.47 as of Aug. 02, 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 VF (HAM:VFP) Overvalued in 2026?

Based on GuruFocus' analysis, VF stock appears to be undervalued. The current stock price of €12.52 is trading 9% below its estimated GF Value™ of €13.75. GuruFocus considers VF to be Fairly Valued.

Key valuation signals for HAM:VFP:

  • Cyclically Adjusted PS Ratio: 0.47 (79% below median its 10-year median of 2.19)
  • GF Value™: €13.75 vs. price of €12.52 (9% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 26.6% below the Manufacturing - Apparel & Accessories median (#364 of 886)

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


VF Business Description

Address 1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of 10 brands includes Vans, The North Face, Timberland, and Altra. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and divestitures.
72GF Score

Get the complete analysis for HAM:VFP

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

€12.52
Price
€13.75
GF Value