MZTI (The Marzetti Co) Cyclically Adjusted PS Ratio: 1.61 (As of Jul. 24, 2026) — 50% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

MZTI The Marzetti Co MZTI
69 GF Score
Price $107.19
GF Value $183.22
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is The Marzetti Co Cyclically Adjusted PS Ratio?

The Marzetti Co MZTI +0.60% 69 Cyclically Adjusted PS Ratio is 1.61 as of Jul. 24, 2026, which is 50% below its 10-year median of 3.19. GuruFocus rates MZTI with a GF Score™ of 69/100 and a GF Value™ of $183.22 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,449 Consumer Packaged Goods companies, The Marzetti Co ranks worse than 71.77% on this metric.

As of today (2026-07-24), The Marzetti Co's current share price is $107.19. The Marzetti Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $66.62. The Marzetti Co's Cyclically Adjusted PS Ratio for today is 1.61.

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

MZTI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.6   Med: 3.19   Max: 4.23
Current: 1.6

During the past years, The Marzetti Co's highest Cyclically Adjusted PS Ratio was 4.23. The lowest was 1.60. And the median was 3.19.

MZTI's Cyclically Adjusted PS Ratio is ranked worse than
71.77% of 1449 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs MZTI: 1.60

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.

The Marzetti Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $16.560. 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 $66.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Marzetti Co  (NAS:MZTI) 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.


The Marzetti Co Cyclically Adjusted PS Ratio Related Terms


The Marzetti Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The Marzetti Co'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.

The Marzetti Co Cyclically Adjusted PS Ratio Chart

The Marzetti Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 2.36 3.49 3.09 2.69

The Marzetti Co 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 2.76 2.69 2.66 2.52 2.08

MZTI vs FRPT, CENT, POST: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, The Marzetti Co'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.


The Marzetti Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Marzetti Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MZTI
69GF Score
The Marzetti Co MZTI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Marzetti Co 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.

The Marzetti Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=107.19/66.62
=1.61

* 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.

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

For example, The Marzetti Co'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)
=16.56/330.2130*330.2130
=16.560

Current CPI (Mar. 2026) = 330.2130.

The Marzetti Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.384 241.018 14.227
201609 10.622 241.428 14.528
201612 11.908 241.432 16.287
201703 10.707 243.801 14.502
201706 10.562 244.955 14.238
201709 10.889 246.819 14.568
201712 11.641 246.524 15.593
201803 10.786 249.554 14.272
201806 11.219 251.989 14.702
201809 11.509 252.439 15.055
201812 12.682 251.233 16.669
201903 11.539 254.202 14.989
201906 11.762 256.143 15.163
201909 12.249 256.759 15.753
201912 12.919 256.974 16.601
202003 11.686 258.115 14.950
202006 11.677 257.797 14.957
202009 12.702 260.280 16.115
202012 13.628 260.474 17.277
202103 12.979 264.877 16.180
202106 14.004 271.696 17.020
202109 14.249 274.310 17.153
202112 15.600 278.802 18.477
202203 14.704 287.504 16.888
202206 16.479 296.311 18.364
202209 15.498 296.808 17.242
202212 17.364 296.797 19.319
202303 16.915 301.836 18.505
202306 16.539 305.109 17.900
202309 16.801 307.789 18.025
202312 17.708 306.746 19.063
202403 17.174 312.332 18.157
202406 16.479 314.175 17.320
202409 16.979 315.301 17.782
202412 18.523 315.605 19.380
202503 16.651 319.799 17.193
202506 17.297 322.561 17.707
202509 17.948 324.800 18.247
202512 18.893 324.054 19.252
202603 16.560 330.213 16.560

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 1.61 mean?
The Marzetti Co (MZTI) has a Cyclically Adjusted PS Ratio of 1.61 as of Jul. 24, 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 The Marzetti Co and its competitors. This is 50% below median its historical median of 3.19. Over the past decade, The Marzetti Co's Cyclically Adjusted PS Ratio has ranged from 1.60 to 4.23. According to the industry distribution chart, The Marzetti Co ranks #1040 out of 1449 companies in the Consumer Packaged Goods industry, placing it in the top 71.8%.
Is The Marzetti Co's Cyclically Adjusted PS Ratio too high?
The Marzetti Co's current Cyclically Adjusted PS Ratio of 1.61 is 50% below median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 4.23. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. The Marzetti Co's value of 1.61 is 109.1% above this industry median. Based on the distribution chart, The Marzetti Co ranks #1040 out of 1449 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, The Marzetti Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Marzetti Co's Cyclically Adjusted PS Ratio compare to FRPT and CENT?
According to the Consumer Packaged Goods industry distribution chart, The Marzetti Co ranks #1040 out of 1449 companies for Cyclically Adjusted PS Ratio. This places The Marzetti Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. The Marzetti Co's value of 1.61 is 109.1% above this benchmark. Historically, The Marzetti Co's own Cyclically Adjusted PS Ratio has ranged from 1.60 to 4.23 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 0.77, The Marzetti Co 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,449 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. The Marzetti Co's current Cyclically Adjusted PS Ratio of 1.61 is 109.1% 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 The Marzetti Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Marzetti Co's current Cyclically Adjusted PS Ratio is 1.61, which is 50% below median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Marzetti Co stock overvalued right now?
Based on GuruFocus' analysis, The Marzetti Co (MZTI) is currently considered Significantly Undervalued. The stock's GF Value™ is $183.22, compared to a current price of $107.19 — trading 41.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.61, which is 50% below median its 10-year median of 3.19 and 109.1% above the Consumer Packaged Goods industry median of 0.77. The Marzetti Co's overall GF Score™ is 69/100 with 3 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 The Marzetti Co (MZTI), the current Cyclically Adjusted PS Ratio is 1.61 as of Jul. 24, 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 The Marzetti Co (MZTI) Overvalued in 2026?

Based on GuruFocus' analysis, The Marzetti Co stock appears to be undervalued. The current stock price of $107.19 is trading 41.5% below its estimated GF Value™ of $183.22. GuruFocus considers The Marzetti Co to be Significantly Undervalued.

Key valuation signals for MZTI:

  • Cyclically Adjusted PS Ratio: 1.61 (50% below median its 10-year median of 3.19)
  • GF Value™: $183.22 vs. price of $107.19 (41.5% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 109.1% above the Consumer Packaged Goods median (#1040 of 1449)

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


The Marzetti Co Business Description

Other Exchanges LC1:Germany
Address 380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082
The Marzetti Co manufactures and sells specialty food products. Its retail brands include Marzetti, New York Bakery and Sister Schubert's, in addition to exclusive license agreements for Olive Garden dressings, Chick-fil-A sauces and dressings, Buffalo Wild Wings sauces, Arby's sauces, Subway sauces, and Texas Roadhouse steak sauces and frozen rolls. Its foodservice business supplies many of the top restaurant chains in the United States with dressings, sauces, breads and frozen pastas. The company has two reportable segments: Retail and Foodservice, of which it derives maximum revenue from Retail segment.
69GF Score

Get the complete analysis for MZTI

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

$107.19
Price
$183.22
GF Value