Shoprite Holdings (LUS:SHOP) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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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.

LUS:SHOP Shoprite Holdings Ltd LUS:SHOP
100 GF Score
Price ZMW350.00
GF Value ZMW268.20
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Shoprite Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shoprite Holdings  (LUS:SHOP) 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.


Shoprite Holdings Cyclically Adjusted PS Ratio Related Terms


Shoprite Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shoprite Holdings'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.

Shoprite Holdings Cyclically Adjusted PS Ratio Chart

Shoprite Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.22 0.23 0.62 0.55

Shoprite Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.23 0.67 0.62 0.58 0.54

LUS:SHOP vs DDS, M: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Shoprite Holdings'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.


Shoprite Holdings Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


LUS:SHOP
100GF Score
Shoprite Holdings Ltd LUS:SHOP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoprite Holdings 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.

Shoprite Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun26 is calculated as:

For example, Shoprite Holdings's adjusted Revenue per Share data for the fiscal year that ended in Jun26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun26 (Change)*Current CPI (Jun26)
=622.992/169.0200*169.0200
=622.992

Current CPI (Jun26) = 169.0200.

Shoprite Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201706 180.986 112.054 272.996
201806 195.740 116.959 282.868
201906 219.989 122.191 304.299
202006 269.938 124.807 365.564
202106 411.013 131.113 529.844
202206 390.079 140.835 468.145
202306 391.983 148.802 445.244
202406 532.243 156.269 575.673
202506 690.272 160.985 724.724
202606 622.992 169.020 622.992

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 Shoprite Holdings (LUS:SHOP) Overvalued in 2026?

Based on GuruFocus' analysis, Shoprite Holdings stock appears to be overvalued. The current stock price of ZMW350.00 is trading 30.5% above its estimated GF Value™ of ZMW268.20. GuruFocus considers Shoprite Holdings to be Modestly Overvalued.

Key valuation signals for LUS:SHOP:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ZMW268.20 vs. price of ZMW350.00 (30.5% above fair value)
  • GF Score™: 100/100 with 1 warning sign

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


Shoprite Holdings Business Description

Address Cnr William Dabbs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560
Shoprite Holdings Ltd is Africa's food retailer, headquartered in Cape Town, South Africa, with a widespread presence across multiple African countries. The company's main business is supermarket retailing through brands such as Shoprite, Usave, and Checkers. The company organizes its operations into three main segments: Supermarkets RSA, which covers its core supermarket retail operations in South Africa. The company segments include Supermarkets Non-RSA, covering supermarket operations in other African countries; and Other Operating Segments, which include franchise stores, pharmacies, pet products, clothing, and other specialist retail formats.
100GF Score

Get the complete analysis for LUS:SHOP

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

ZMW350.00
Price
ZMW268.20
GF Value