Sanford (NZSE:SAN) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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.

NZSE:SAN Sanford Ltd NZSE:SAN
75 GF Score
Price NZ$6.20
GF Value NZ$4.35
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Sanford Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanford  (NZSE:SAN) 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.


Sanford Cyclically Adjusted PS Ratio Related Terms


Sanford Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sanford'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.

Sanford Cyclically Adjusted PS Ratio Chart

Sanford Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.70 0.62 0.59 0.84

Sanford Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.60 0.59 0.78 0.84 1.05

NZSE:SAN vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Sanford'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.


Sanford Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


NZSE:SAN
75GF Score
Sanford Ltd NZSE:SAN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanford 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.

Sanford's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Sanford's adjusted Revenue per Share data for the fiscal year that ended in Sep25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=6.247/134.8421*134.8421
=6.247

Current CPI (Sep25) = 134.8421.

Sanford Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.957 100.813 6.630
201709 5.112 102.731 6.710
201809 5.507 104.684 7.093
201909 5.830 106.218 7.401
202009 5.014 107.751 6.275
202109 5.236 113.067 6.244
202209 5.688 121.245 6.326
202309 5.918 128.095 6.230
202409 6.234 130.855 6.424
202509 6.247 134.842 6.247

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 Sanford (NZSE:SAN) Overvalued in 2026?

Based on GuruFocus' analysis, Sanford stock appears to be overvalued. The current stock price of NZ$6.20 is trading 42.5% above its estimated GF Value™ of NZ$4.35. GuruFocus considers Sanford to be Significantly Overvalued.

Key valuation signals for NZSE:SAN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NZ$4.35 vs. price of NZ$6.20 (42.5% above fair value)
  • GF Score™: 75/100 with 2 warning signs

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


Sanford Business Description

Other Exchanges SARDY:USA
Address 22 Jellicoe Street, Freemans Bay, Auckland, NTL, NZL, 1010
Sanford Ltd is a seafood company principally engaged in the fishing and aquaculture farming business. The company's activities include farming, harvesting, processing, storage, and marketing of seafood products, as well as investments in related activities. The group's operating divisions are Wildcatch and Aquaculture. Its Wildcatch segment involves catching and processing inshore and deepwater fish species, whereas the Aquaculture segment involves farming, harvesting, and processing of mussels and salmon. Some of the company's seafood products include Antarctic toothfish, Arrow squid, Gemfish, Scampi, Snapper, King Salmon, Jack mackerel, Ling, and others. Geographically, it derives the majority of its revenue from New Zealand.
75GF Score

Get the complete analysis for NZSE:SAN

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

NZ$6.20
Price
NZ$4.35
GF Value