PSMT (Pricesmart) Cyclically Adjusted PS Ratio: 1.25 (As of Jul. 12, 2026) — 74% Above Median


PSMT Pricesmart Inc PSMT
78 GF Score
Price $196.01
GF Value $106.89
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Pricesmart Cyclically Adjusted PS Ratio?

Pricesmart PSMT +4.13% 78 Cyclically Adjusted PS Ratio is 1.25 as of Jul. 12, 2026, which is 74% above its 10-year median of 0.72. GuruFocus rates PSMT with a GF Score™ of 78/100 and a GF Value™ of $106.89 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 237 Retail - Defensive companies, Pricesmart ranks worse than 79.75% on this metric.

As of today (2026-07-12), Pricesmart's current share price is $196.01. Pricesmart's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was $156.47. Pricesmart's Cyclically Adjusted PS Ratio for today is 1.25.

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

PSMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.72   Max: 1.34
Current: 1.25

During the past years, Pricesmart's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.48. And the median was 0.72.

PSMT's Cyclically Adjusted PS Ratio is ranked worse than
79.75% of 237 companies
in the Retail - Defensive industry
Industry Median: 0.45 vs PSMT: 1.25

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.

Pricesmart's adjusted revenue per share data for the three months ended in May. 2026 was $48.953. 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 $156.47 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pricesmart  (NAS:PSMT) 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.


Pricesmart Cyclically Adjusted PS Ratio Related Terms


Pricesmart Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pricesmart'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.

Pricesmart Cyclically Adjusted PS Ratio Chart

Pricesmart Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.52 0.61 0.65 0.73

Pricesmart Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.75 0.73 0.83 1.02 1.09

PSMT vs TBBB, OLLI, BJ: Cyclically Adjusted PS Ratio Comparison

For the Discount Stores subindustry, Pricesmart'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.


Pricesmart Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

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

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


PSMT
78GF Score
Pricesmart Inc PSMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pricesmart 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=196.01/156.47
=1.25

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=48.953/335.1230*335.1230
=48.953

Current CPI (May. 2026) = 335.1230.

Pricesmart Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 23.731 240.849 33.020
201611 24.663 241.353 34.245
201702 26.436 243.603 36.368
201705 24.305 244.733 33.282
201708 24.409 245.519 33.317
201711 25.502 246.669 34.647
201802 27.892 248.991 37.541
201805 25.955 251.588 34.573
201808 25.804 252.146 34.296
201811 25.825 252.038 34.338
201902 28.282 252.776 37.495
201905 26.107 256.092 34.164
201908 26.530 256.558 34.654
201911 26.811 257.208 34.933
202002 29.967 258.678 38.823
202005 26.422 256.394 34.535
202008 26.812 259.918 34.570
202011 28.844 260.229 37.145
202102 30.837 263.014 39.291
202105 29.405 269.195 36.607
202108 29.898 273.567 36.625
202111 31.871 277.948 38.427
202202 33.960 283.716 40.113
202205 33.655 292.296 38.586
202208 33.339 296.171 37.724
202211 34.337 297.711 38.652
202302 37.132 300.840 41.363
202305 35.572 304.127 39.197
202308 36.265 307.026 39.584
202311 38.537 307.051 42.060
202402 43.180 310.326 46.630
202405 41.025 314.069 43.775
202408 40.906 314.796 43.547
202411 41.904 315.493 44.511
202502 45.360 319.082 47.640
202505 43.796 321.465 45.657
202508 44.238 323.976 45.760
202511 45.816 324.122 47.371
202602 49.447 326.785 50.709
202605 48.953 335.123 48.953

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 1.25 mean?
Pricesmart (PSMT) has a Cyclically Adjusted PS Ratio of 1.25 as of Jul. 12, 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 Pricesmart and its competitors. This is 74% above median its historical median of 0.72. Over the past decade, Pricesmart's Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.34. According to the industry distribution chart, Pricesmart ranks #189 out of 237 companies in the Retail - Defensive industry, placing it in the top 79.7%.
Is Pricesmart's Cyclically Adjusted PS Ratio too high?
Pricesmart's current Cyclically Adjusted PS Ratio of 1.25 is 74% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.34. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.45. Pricesmart's value of 1.25 is 177.8% above this industry median. Based on the distribution chart, Pricesmart ranks #189 out of 237 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Pricesmart has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pricesmart's Cyclically Adjusted PS Ratio compare to TBBB and OLLI?
According to the Retail - Defensive industry distribution chart, Pricesmart ranks #189 out of 237 companies for Cyclically Adjusted PS Ratio. This places Pricesmart in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Pricesmart's value of 1.25 is 177.8% above this benchmark. Historically, Pricesmart's own Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.34 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.45, Pricesmart 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 Retail - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.45, based on 237 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. Pricesmart's current Cyclically Adjusted PS Ratio of 1.25 is 177.8% 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 Pricesmart and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pricesmart's current Cyclically Adjusted PS Ratio is 1.25, which is 74% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pricesmart stock overvalued right now?
Based on GuruFocus' analysis, Pricesmart (PSMT) is currently considered Significantly Overvalued. The stock's GF Value™ is $106.89, compared to a current price of $196.01 — trading 83.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.25, which is 74% above median its 10-year median of 0.72 and 177.8% above the Retail - Defensive industry median of 0.45. Pricesmart's overall GF Score™ is 78/100 with 6 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 Pricesmart (PSMT), the current Cyclically Adjusted PS Ratio is 1.25 as of Jul. 12, 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 Pricesmart (PSMT) Overvalued in 2026?

Based on GuruFocus' analysis, Pricesmart stock appears to be overvalued. The current stock price of $196.01 is trading 83.4% above its estimated GF Value™ of $106.89. GuruFocus considers Pricesmart to be Significantly Overvalued.

Key valuation signals for PSMT:

  • Cyclically Adjusted PS Ratio: 1.25 (74% above median its 10-year median of 0.72)
  • GF Value™: $106.89 vs. price of $196.01 (83.4% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 177.8% above the Retail - Defensive median (#189 of 237)

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


Pricesmart Business Description

Address 9797 Aero Drive, Suite 100, San Diego, CA, USA, 92123
Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in the Caribbean, Costa Rica, Panama, and other regions. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income. Its operations consist of four reportable segments; Central America, the Caribbean, Colombia, and the United States. A majority of the company's revenue is derived from Central America.
78GF Score

Get the complete analysis for PSMT

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

$196.01
Price
$106.89
GF Value