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Boston Beer CoSAM -1.37%66 Cyclically Adjusted PS Ratio is 1.14 as of Jul. 30, 2026, which is 66% below its 10-year median of 3.38. GuruFocus rates SAM with a GF Score™ of 66/100 and a GF Value™ of $269.45 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 172 Beverages - Alcoholic companies, Boston Beer Co ranks better than 58.72% on this metric.
The historical rank and industry rank for Boston Beer Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
SAM'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.05 Med: 3.38 Max: 15.38
Current: 1.16
During the past years, Boston Beer Co's highest Cyclically Adjusted PS Ratio was 15.38. The lowest was 1.05. And the median was 3.38.
SAM's Cyclically Adjusted PS Ratio is ranked better than 58.72% of 172
companies
in the Beverages - Alcoholic industry
Industry Median: 1.585
vs SAM: 1.16
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.
Boston Beer Co's adjusted revenue per share data for the three months ended in Jun. 2026 was $54.716. 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 $161.84 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Boston Beer Co (NYSE:SAM) 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.
Boston Beer Co Cyclically Adjusted PS Ratio Related Terms
Boston Beer Co Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Boston Beer 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.
SAM vs TAP, STZ: Cyclically Adjusted PS Ratio Comparison
For the Beverages - Brewers subindustry, Boston Beer 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.
Boston Beer Co Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Boston Beer Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Boston Beer Co's Cyclically Adjusted PS Ratio falls into.
Boston Beer 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.
Boston Beer Co's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 1.14 mean?
Boston Beer Co (SAM) has a Cyclically Adjusted PS Ratio of 1.14 as of Jul. 30, 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 Boston Beer Co and its competitors. This is 66% below median its historical median of 3.38. Over the past decade, Boston Beer Co's Cyclically Adjusted PS Ratio has ranged from 1.05 to 15.38. According to the industry distribution chart, Boston Beer Co ranks #71 out of 172 companies in the Beverages - Alcoholic industry, placing it in the top 41.3%.
Is Boston Beer Co's Cyclically Adjusted PS Ratio too high?
Boston Beer Co's current Cyclically Adjusted PS Ratio of 1.14 is 66% below median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 15.38. The Beverages - Alcoholic industry median Cyclically Adjusted PS Ratio is 1.59. Boston Beer Co's value of 1.14 is 28.1% below this industry median. Based on the distribution chart, Boston Beer Co ranks #71 out of 172 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Boston Beer Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boston Beer Co's Cyclically Adjusted PS Ratio compare to TAP and STZ?
According to the Beverages - Alcoholic industry distribution chart, Boston Beer Co ranks #71 out of 172 companies for Cyclically Adjusted PS Ratio. This puts Boston Beer Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.59. Boston Beer Co's value of 1.14 is 28.1% below this benchmark. Historically, Boston Beer Co's own Cyclically Adjusted PS Ratio has ranged from 1.05 to 15.38 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 1.59, Boston Beer Co has consistently been below 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 Beverages - Alcoholic company?
The median Cyclically Adjusted PS Ratio among Beverages - Alcoholic companies is 1.59, based on 172 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. Boston Beer Co's current Cyclically Adjusted PS Ratio of 1.14 is 28.1% below 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 Boston Beer Co and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PS Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boston Beer Co's current Cyclically Adjusted PS Ratio is 1.14, which is 66% below median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boston Beer Co stock overvalued right now?
Based on GuruFocus' analysis, Boston Beer Co (SAM) is currently considered Significantly Undervalued. The stock's GF Value™ is $269.45, compared to a current price of $184.50 — trading 31.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.14, which is 66% below median its 10-year median of 3.38 and 28.1% below the Beverages - Alcoholic industry median of 1.59. Boston Beer Co's overall GF Score™ is 66/100 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 Boston Beer Co (SAM), the current Cyclically Adjusted PS Ratio is 1.14 as of Jul. 30, 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 Boston Beer Co (SAM) Overvalued in 2026?
Based on GuruFocus' analysis, Boston Beer Co stock appears to be undervalued.
The current stock price of $184.50 is trading 31.5% below its estimated GF Value™ of $269.45.
GuruFocus considers Boston Beer Co to be Significantly Undervalued.
Key valuation signals for SAM:
Cyclically Adjusted PS Ratio: 1.14 (66% below median its 10-year median of 3.38)
GF Value™: $269.45 vs. price of $184.50 (31.5% below fair value)
Industry Position: 28.1% below the Beverages - Alcoholic median (#71 of 172)
No single metric tells the full story. See the SAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boston Beer is a top player in high-end malt beverages and adjacent categories in the US, with strong positions in craft beer, flavored malt beverages, hard cider, and hard seltzer. The bulk of volume and revenue is concentrated in four brands: Samuel Adams, Angry Orchard, Twisted Tea, and Truly. Beverages are produced using a hybrid model leveraging both in-house capacities and third-party breweries through contract arrangements. While the firm is required to use distributors to reach end markets, including retailers and on-premises operators, it also employs 500 internal sales representatives to educate the market about its products. The firm generates almost all sales in the US.
66GF Score
Get the complete analysis for SAM
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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