Shutterstock (LTS:0A8F) Cyclically Adjusted PS Ratio: 0.25 (As of Aug. 03, 2026) — 90% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0A8F Shutterstock Inc LTS:0A8F
70 GF Score
Price $5.99
GF Value $30.61
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shutterstock Cyclically Adjusted PS Ratio?

Shutterstock LTS:0A8F +7.54% 70 Cyclically Adjusted PS Ratio is 0.25 as of Aug. 03, 2026, which is 90% below its 10-year median of 2.44. GuruFocus rates LTS:0A8F with a GF Score™ of 70/100 and a GF Value™ of $30.61 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 329 Interactive Media companies, Shutterstock ranks better than 89.67% on this metric.

As of today (2026-08-03), Shutterstock's current share price is $5.99. Shutterstock's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $24.44. Shutterstock's Cyclically Adjusted PS Ratio for today is 0.25.

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

LTS:0A8F' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 2.44   Max: 8.27
Current: 0.22

During the past years, Shutterstock's highest Cyclically Adjusted PS Ratio was 8.27. The lowest was 0.22. And the median was 2.44.

LTS:0A8F's Cyclically Adjusted PS Ratio is ranked better than
89.67% of 329 companies
in the Interactive Media industry
Industry Median: 1.31 vs LTS:0A8F: 0.22

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.

Shutterstock's adjusted revenue per share data for the three months ended in Mar. 2026 was $5.604. 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 $24.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shutterstock  (LTS:0A8F) 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.


Shutterstock Cyclically Adjusted PS Ratio Related Terms


Shutterstock Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shutterstock'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.

Shutterstock Cyclically Adjusted PS Ratio Chart

Shutterstock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.16 2.94 2.41 1.38 0.80

Shutterstock Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.82 0.82 0.88 0.80 0.68

LTS:0A8F vs ANGI, GETY, DIBS: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, Shutterstock'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.


Shutterstock Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shutterstock's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0A8F
70GF Score
Shutterstock Inc LTS:0A8F
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shutterstock 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.99/24.44
=0.25

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.604/330.2130*330.2130
=5.604

Current CPI (Mar. 2026) = 330.2130.

Shutterstock Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.491 241.018 4.783
201609 3.435 241.428 4.698
201612 3.628 241.432 4.962
201703 3.658 243.801 4.955
201706 3.801 244.955 5.124
201709 4.010 246.819 5.365
201712 4.320 246.524 5.787
201803 4.333 249.554 5.733
201806 4.485 251.989 5.877
201809 4.261 252.439 5.574
201812 4.576 251.233 6.015
201903 4.602 254.202 5.978
201906 4.556 256.143 5.873
201909 4.476 256.759 5.757
201912 4.649 256.974 5.974
202003 4.495 258.115 5.751
202006 4.435 257.797 5.681
202009 4.528 260.280 5.745
202012 4.865 260.474 6.168
202103 4.920 264.877 6.134
202106 5.107 271.696 6.207
202109 5.197 274.310 6.256
202112 5.496 278.802 6.509
202203 5.352 287.504 6.147
202206 5.656 296.311 6.303
202209 5.627 296.808 6.260
202212 6.024 296.797 6.702
202303 5.886 301.836 6.439
202306 5.736 305.109 6.208
202309 6.465 307.789 6.936
202312 6.049 306.746 6.512
202403 5.942 312.332 6.282
202406 6.116 314.175 6.428
202409 7.064 315.301 7.398
202412 7.128 315.605 7.458
202503 6.869 319.799 7.093
202506 7.425 322.561 7.601
202509 7.098 324.800 7.216
202512 5.930 324.054 6.043
202603 5.604 330.213 5.604

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 0.25 mean?
Shutterstock (LTS:0A8F) has a Cyclically Adjusted PS Ratio of 0.25 as of Aug. 03, 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 Shutterstock and its competitors. This is 90% below median its historical median of 2.44. Over the past decade, Shutterstock's Cyclically Adjusted PS Ratio has ranged from 0.22 to 8.27. According to the industry distribution chart, Shutterstock ranks #34 out of 329 companies in the Interactive Media industry, placing it in the top 10.3%.
Is Shutterstock's Cyclically Adjusted PS Ratio too high?
Shutterstock's current Cyclically Adjusted PS Ratio of 0.25 is 90% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 8.27. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.31. Shutterstock's value of 0.25 is 80.9% below this industry median. Based on the distribution chart, Shutterstock ranks #34 out of 329 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Shutterstock has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shutterstock's Cyclically Adjusted PS Ratio compare to ANGI and GETY?
According to the Interactive Media industry distribution chart, Shutterstock ranks #34 out of 329 companies for Cyclically Adjusted PS Ratio. This places Shutterstock in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.31. Shutterstock's value of 0.25 is 80.9% below this benchmark. Historically, Shutterstock's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 8.27 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 1.31, Shutterstock 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.31, based on 329 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. Shutterstock's current Cyclically Adjusted PS Ratio of 0.25 is 80.9% 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 Shutterstock and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shutterstock's current Cyclically Adjusted PS Ratio is 0.25, which is 90% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shutterstock stock overvalued right now?
Based on GuruFocus' analysis, Shutterstock (LTS:0A8F) is currently considered Possible Value Trap. The stock's GF Value™ is $30.61, compared to a current price of $5.99 — trading 80.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.25, which is 90% below median its 10-year median of 2.44 and 80.9% below the Interactive Media industry median of 1.31. Shutterstock's overall GF Score™ is 70/100 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 Shutterstock (LTS:0A8F), the current Cyclically Adjusted PS Ratio is 0.25 as of Aug. 03, 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 Shutterstock (LTS:0A8F) Overvalued in 2026?

Based on GuruFocus' analysis, Shutterstock stock appears to be undervalued. The current stock price of $5.99 is trading 80.4% below its estimated GF Value™ of $30.61. GuruFocus considers Shutterstock to be Possible Value Trap.

Key valuation signals for LTS:0A8F:

  • Cyclically Adjusted PS Ratio: 0.25 (90% below median its 10-year median of 2.44)
  • GF Value™: $30.61 vs. price of $5.99 (80.4% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 80.9% below the Interactive Media median (#34 of 329)

No single metric tells the full story. See the LTS:0A8F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shutterstock Business Description

Other Exchanges SSTK:USAS3T:Germany
Address 350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118
Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include licenses for Images, Footage, Music, 3 Dimensional, and Generative AI content. Data, Distribution, and Service offerings address customer demand for products and services that are beyond its Content licenses. The company generates the majority of its revenue from Content offerings. Geographically the company generates the majority of its revenue from the Domestic market, but also has its presence in Europe and Rest of the Countries.
70GF Score

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

$5.99
Price
$30.61
GF Value