RAVE (Rave Restaurant Group) Cyclically Adjusted PS Ratio: 2.31 (As of Jul. 23, 2026) — 437% Above Median

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RAVE Rave Restaurant Group Inc RAVE
78 GF Score
Price $3.24
GF Value $2.74
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Rave Restaurant Group Cyclically Adjusted PS Ratio?

Rave Restaurant Group RAVE +0.31% 78 Cyclically Adjusted PS Ratio is 2.31 as of Jul. 23, 2026, which is 437% above its 10-year median of 0.43. GuruFocus rates RAVE with a GF Score™ of 78/100 and a GF Value™ of $2.74 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 254 Restaurants companies, Rave Restaurant Group ranks worse than 86.22% on this metric.

As of today (2026-07-23), Rave Restaurant Group's current share price is $3.24. Rave Restaurant Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $1.40. Rave Restaurant Group's Cyclically Adjusted PS Ratio for today is 2.31.

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

RAVE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.43   Max: 2.44
Current: 2.32

During the past years, Rave Restaurant Group's highest Cyclically Adjusted PS Ratio was 2.44. The lowest was 0.11. And the median was 0.43.

RAVE's Cyclically Adjusted PS Ratio is ranked worse than
86.22% of 254 companies
in the Restaurants industry
Industry Median: 0.69 vs RAVE: 2.32

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.

Rave Restaurant Group's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.225. 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 $1.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rave Restaurant Group  (NAS:RAVE) 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.


Rave Restaurant Group Cyclically Adjusted PS Ratio Related Terms


Rave Restaurant Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rave Restaurant Group'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.

Rave Restaurant Group Cyclically Adjusted PS Ratio Chart

Rave Restaurant Group 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 0.44 0.35 0.75 0.87 1.50

Rave Restaurant Group 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 1.41 1.50 1.95 2.14 1.89

RAVE vs THCH, STKS, ARKR: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, Rave Restaurant Group'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.


Rave Restaurant Group Cyclically Adjusted PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Rave Restaurant Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Rave Restaurant Group 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.

Rave Restaurant Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.24/1.40
=2.31

* 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.

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

For example, Rave Restaurant Group'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)
=0.225/330.2130*330.2130
=0.225

Current CPI (Mar. 2026) = 330.2130.

Rave Restaurant Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.332 241.018 1.825
201609 1.458 241.428 1.994
201612 0.636 241.432 0.870
201703 0.610 243.801 0.826
201706 0.499 244.955 0.673
201709 0.487 246.819 0.652
201712 0.293 246.524 0.392
201803 0.178 249.554 0.236
201806 0.144 251.989 0.189
201809 0.188 252.439 0.246
201812 0.201 251.233 0.264
201903 0.204 254.202 0.265
201906 0.200 256.143 0.258
201909 0.181 256.759 0.233
201912 0.178 256.974 0.229
202003 0.179 258.115 0.229
202006 0.104 257.797 0.133
202009 0.117 260.280 0.148
202012 0.115 260.474 0.146
202103 0.116 264.877 0.145
202106 0.126 271.696 0.153
202109 0.136 274.310 0.164
202112 0.143 278.802 0.169
202203 0.142 287.504 0.163
202206 0.157 296.311 0.175
202209 0.181 296.808 0.201
202212 0.175 296.797 0.195
202303 0.210 301.836 0.230
202306 0.185 305.109 0.200
202309 0.209 307.789 0.224
202312 0.190 306.746 0.205
202403 0.201 312.332 0.213
202406 0.225 314.175 0.236
202409 0.206 315.301 0.216
202412 0.195 315.605 0.204
202503 0.204 319.799 0.211
202506 0.219 322.561 0.224
202509 0.225 324.800 0.229
202512 0.213 324.054 0.217
202603 0.225 330.213 0.225

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 2.31 mean?
Rave Restaurant Group (RAVE) has a Cyclically Adjusted PS Ratio of 2.31 as of Jul. 23, 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 Rave Restaurant Group and its competitors. This is 437% above median its historical median of 0.43. Over the past decade, Rave Restaurant Group's Cyclically Adjusted PS Ratio has ranged from 0.11 to 2.44. According to the industry distribution chart, Rave Restaurant Group ranks #219 out of 254 companies in the Restaurants industry, placing it in the top 86.2%.
Is Rave Restaurant Group's Cyclically Adjusted PS Ratio too high?
Rave Restaurant Group's current Cyclically Adjusted PS Ratio of 2.31 is 437% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 2.44. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.69. Rave Restaurant Group's value of 2.31 is 234.8% above this industry median. Based on the distribution chart, Rave Restaurant Group ranks #219 out of 254 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Rave Restaurant Group has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rave Restaurant Group's Cyclically Adjusted PS Ratio compare to THCH and STKS?
According to the Restaurants industry distribution chart, Rave Restaurant Group ranks #219 out of 254 companies for Cyclically Adjusted PS Ratio. This places Rave Restaurant Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. Rave Restaurant Group's value of 2.31 is 234.8% above this benchmark. Historically, Rave Restaurant Group's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 2.44 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.69, Rave Restaurant Group 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 Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.69, based on 254 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. Rave Restaurant Group's current Cyclically Adjusted PS Ratio of 2.31 is 234.8% 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 Rave Restaurant Group and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rave Restaurant Group's current Cyclically Adjusted PS Ratio is 2.31, which is 437% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rave Restaurant Group stock overvalued right now?
Based on GuruFocus' analysis, Rave Restaurant Group (RAVE) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.74, compared to a current price of $3.24 — trading 18.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.31, which is 437% above median its 10-year median of 0.43 and 234.8% above the Restaurants industry median of 0.69. Rave Restaurant Group's overall GF Score™ is 78/100 with 1 warning sign 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 Rave Restaurant Group (RAVE), the current Cyclically Adjusted PS Ratio is 2.31 as of Jul. 23, 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 Rave Restaurant Group (RAVE) Overvalued in 2026?

Based on GuruFocus' analysis, Rave Restaurant Group stock appears to be overvalued. The current stock price of $3.24 is trading 18.2% above its estimated GF Value™ of $2.74. GuruFocus considers Rave Restaurant Group to be Modestly Overvalued.

Key valuation signals for RAVE:

  • Cyclically Adjusted PS Ratio: 2.31 (437% above median its 10-year median of 0.43)
  • GF Value™: $2.74 vs. price of $3.24 (18.2% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 234.8% above the Restaurants median (#219 of 254)

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


Rave Restaurant Group Business Description

Address 3551 Plano Parkway, The Colony, TX, USA, 75056
Rave Restaurant Group Inc operates and franchises pizza buffet, delivery/carry-out, express restaurants, and ghost kitchens. It operates restaurants under the brand name, Pizza Inn, and Pie Five Pizza Company. It has three operating segments. The Pizza Inn Franchising and Pie Five Franchising segments establish franchisees, licensees, and territorial rights. The corporate administration and other segments. The Pizza Inn Franchising segment accounts for the majority of the company's revenue. Geographically, it generates the majority of the revenue from the United States.
78GF Score

Get the complete analysis for RAVE

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

$3.24
Price
$2.74
GF Value