SFM (Sprouts Farmers Market) Cyclically Adjusted PS Ratio: 1.27 (As of Aug. 25, 2026) — 14% Above 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.

SFM Sprouts Farmers Market Inc SFM
88 GF Score
Price $85.93
GF Value $96.73
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Sprouts Farmers Market Cyclically Adjusted PS Ratio?

Sprouts Farmers Market SFM -0.23% 88 Cyclically Adjusted PS Ratio is 1.27 as of Aug. 25, 2026, which is 14% above its 10-year median of 1.11. GuruFocus rates SFM with a GF Scoreâ„¢ of 88/100 and a GF Valueâ„¢ of $96.73 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 241 Retail - Defensive companies, Sprouts Farmers Market ranks worse than 79.25% on this metric.

As of today (2026-08-25), Sprouts Farmers Market's current share price is $85.93. Sprouts Farmers Market's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $67.64. Sprouts Farmers Market's Cyclically Adjusted PS Ratio for today is 1.27.

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

SFM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.11   Max: 3.2
Current: 1.27

During the past years, Sprouts Farmers Market's highest Cyclically Adjusted PS Ratio was 3.20. The lowest was 0.61. And the median was 1.11.

SFM's Cyclically Adjusted PS Ratio is ranked worse than
79.25% of 241 companies
in the Retail - Defensive industry
Industry Median: 0.45 vs SFM: 1.27

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.

Sprouts Farmers Market's adjusted revenue per share data for the three months ended in Jun. 2026 was $24.635. 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 $67.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprouts Farmers Market  (NAS:SFM) 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.


Sprouts Farmers Market Cyclically Adjusted PS Ratio Related Terms


Sprouts Farmers Market Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sprouts Farmers Market'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.

Sprouts Farmers Market Cyclically Adjusted PS Ratio Chart

Sprouts Farmers Market Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.75 0.98 2.30 1.27

Sprouts Farmers Market Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.77 1.27 1.18 1.25

SFM vs ACI, WMK, IMKTA: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, Sprouts Farmers Market'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.


Sprouts Farmers Market Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

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

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


SFM
88GF Score
Sprouts Farmers Market Inc SFM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sprouts Farmers Market 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.

Sprouts Farmers Market's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.93/67.64
=1.27

* 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.

Sprouts Farmers Market's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sprouts Farmers Market's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=24.635/333.9520*333.9520
=24.635

Current CPI (Jun. 2026) = 333.9520.

Sprouts Farmers Market Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.904 241.428 9.550
201612 6.850 241.432 9.475
201703 8.068 243.801 11.051
201706 8.488 244.955 11.572
201709 8.818 246.819 11.931
201712 8.476 246.524 11.482
201803 9.624 249.554 12.879
201806 10.166 251.989 13.473
201809 10.414 252.439 13.777
201812 9.956 251.233 13.234
201903 11.409 254.202 14.988
201906 11.954 256.143 15.585
201909 12.187 256.759 15.851
201912 11.540 256.974 14.997
202003 13.984 258.115 18.093
202006 13.900 257.797 18.006
202009 13.319 260.280 17.089
202012 13.526 260.474 17.342
202103 13.283 264.877 16.747
202106 12.917 271.696 15.877
202109 13.148 274.310 16.007
202112 13.263 278.802 15.887
202203 14.675 287.504 17.046
202206 14.555 296.311 16.404
202209 14.719 296.808 16.561
202212 14.749 296.797 16.595
202303 16.527 301.836 18.286
202306 16.348 305.109 17.893
202309 16.682 307.789 18.100
202312 16.606 306.746 18.079
202403 18.464 312.332 19.742
202406 18.711 314.175 19.889
202409 19.260 315.301 20.399
202412 19.743 315.605 20.891
202503 22.427 319.799 23.420
202506 22.482 322.561 23.276
202509 22.291 324.800 22.919
202512 22.025 324.054 22.698
202603 24.368 330.213 24.644
202606 24.635 333.952 24.635

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 1.27 mean?
Sprouts Farmers Market (SFM) has a Cyclically Adjusted PS Ratio of 1.27 as of Aug. 25, 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 Sprouts Farmers Market and its competitors. This is 14% above median its historical median of 1.11. Over the past decade, Sprouts Farmers Market's Cyclically Adjusted PS Ratio has ranged from 0.61 to 3.20. According to the industry distribution chart, Sprouts Farmers Market ranks #191 out of 241 companies in the Retail - Defensive industry, placing it in the top 79.3%.
Is Sprouts Farmers Market's Cyclically Adjusted PS Ratio too high?
Sprouts Farmers Market's current Cyclically Adjusted PS Ratio of 1.27 is 14% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 3.20. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.45. Sprouts Farmers Market's value of 1.27 is 182.2% above this industry median. Based on the distribution chart, Sprouts Farmers Market ranks #191 out of 241 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Sprouts Farmers Market has a GF Scoreâ„¢ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sprouts Farmers Market's Cyclically Adjusted PS Ratio compare to ACI and WMK?
According to the Retail - Defensive industry distribution chart, Sprouts Farmers Market ranks #191 out of 241 companies for Cyclically Adjusted PS Ratio. This places Sprouts Farmers Market in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Sprouts Farmers Market's value of 1.27 is 182.2% above this benchmark. Historically, Sprouts Farmers Market's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 3.20 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.45, Sprouts Farmers Market 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 241 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. Sprouts Farmers Market's current Cyclically Adjusted PS Ratio of 1.27 is 182.2% 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 Sprouts Farmers Market 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. Sprouts Farmers Market's current Cyclically Adjusted PS Ratio is 1.27, which is 14% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprouts Farmers Market stock overvalued right now?
Based on GuruFocus' analysis, Sprouts Farmers Market (SFM) is currently considered Modestly Undervalued. The stock's GF Value™ is $96.73, compared to a current price of $85.93 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.27, which is 14% above median its 10-year median of 1.11 and 182.2% above the Retail - Defensive industry median of 0.45. Sprouts Farmers Market's overall GF Score™ is 88/100 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 Sprouts Farmers Market (SFM), the current Cyclically Adjusted PS Ratio is 1.27 as of Aug. 25, 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 Sprouts Farmers Market (SFM) Overvalued in 2026?

Based on GuruFocus' analysis, Sprouts Farmers Market stock appears to be undervalued. The current stock price of $85.93 is trading 11.2% below its estimated GF Value™ of $96.73. GuruFocus considers Sprouts Farmers Market to be Modestly Undervalued.

Key valuation signals for SFM:

  • Cyclically Adjusted PS Ratio: 1.27 (14% above median its 10-year median of 1.11)
  • GF Value™: $96.73 vs. price of $85.93 (11.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 182.2% above the Retail - Defensive median (#191 of 241)

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


Sprouts Farmers Market Business Description

Address 5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054
Sprouts Farmers Market Inc offers a specialty grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspire wellness naturally with a carefully curated assortment products paired with purpose-driven people. The company continues to bring products made with lifestyle-friendly ingredients such as organic, plant-based, and gluten-free. It approximately has 407 stores in nearly 23 states. The Company has one operating segment that is healthy grocery stores.
88GF Score

Get the complete analysis for SFM

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

$85.93
Price
$96.73
GF Value