SHOO (Steven Madden) Cyclically Adjusted PS Ratio: 1.42 (As of Jul. 06, 2026) — 30% Below Median


SHOO Steven Madden Ltd SHOO
92 GF Score
Price $39.70
GF Value $49.39
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Steven Madden Cyclically Adjusted PS Ratio?

Steven Madden SHOO -0.55% 92 Cyclically Adjusted PS Ratio is 1.42 as of Jul. 06, 2026, which is 30% below its 10-year median of 2.03. GuruFocus rates SHOO with a GF Score™ of 92/100 and a GF Value™ of $49.39 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 883 Manufacturing - Apparel & Accessories companies, Steven Madden ranks worse than 72.03% on this metric.

As of today (2026-07-06), Steven Madden's current share price is $39.70. Steven Madden's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $27.90. Steven Madden's Cyclically Adjusted PS Ratio for today is 1.42.

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

SHOO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.03   Max: 2.96
Current: 1.43

During the past years, Steven Madden's highest Cyclically Adjusted PS Ratio was 2.96. The lowest was 0.78. And the median was 2.03.

SHOO's Cyclically Adjusted PS Ratio is ranked worse than
72.03% of 883 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs SHOO: 1.43

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.

Steven Madden's adjusted revenue per share data for the three months ended in Mar. 2026 was $9.086. 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 $27.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steven Madden  (NAS:SHOO) 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.


Steven Madden Cyclically Adjusted PS Ratio Related Terms


Steven Madden Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Steven Madden'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.

Steven Madden Cyclically Adjusted PS Ratio Chart

Steven Madden 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 2.47 1.51 1.84 1.71 1.54

Steven Madden 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 1.05 0.92 1.26 1.54 1.22

SHOO vs WWW, WEYS, DBI: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, Steven Madden'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.


Steven Madden Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Steven Madden's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHOO
92GF Score
Steven Madden Ltd SHOO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steven Madden 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.

Steven Madden's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.70/27.90
=1.42

* 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.

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

For example, Steven Madden'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)
=9.086/330.2130*330.2130
=9.086

Current CPI (Mar. 2026) = 330.2130.

Steven Madden Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.631 241.018 4.975
201609 4.589 241.428 6.277
201612 3.807 241.432 5.207
201703 4.197 243.801 5.685
201706 4.319 244.955 5.822
201709 5.093 246.819 6.814
201712 4.457 246.524 5.970
201803 4.524 249.554 5.986
201806 4.588 251.989 6.012
201809 5.296 252.439 6.928
201812 5.078 251.233 6.674
201903 4.935 254.202 6.411
201906 5.361 256.143 6.911
201909 6.042 256.759 7.771
201912 5.034 256.974 6.469
202003 4.554 258.115 5.826
202006 1.819 257.797 2.330
202009 4.415 260.280 5.601
202012 4.491 260.474 5.693
202103 4.409 264.877 5.497
202106 4.849 271.696 5.893
202109 6.503 274.310 7.828
202112 7.120 278.802 8.433
202203 7.026 287.504 8.070
202206 6.797 296.311 7.575
202209 7.192 296.808 8.001
202212 6.149 296.797 6.841
202303 6.115 301.836 6.690
202306 5.947 305.109 6.436
202309 7.462 307.789 8.006
202312 7.070 306.746 7.611
202403 7.581 312.332 8.015
202406 7.271 314.175 7.642
202409 8.728 315.301 9.141
202412 8.150 315.605 8.527
202503 7.790 319.799 8.044
202506 7.888 322.561 8.075
202509 9.386 324.800 9.542
202512 10.518 324.054 10.718
202603 9.086 330.213 9.086

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 1.42 mean?
Steven Madden (SHOO) has a Cyclically Adjusted PS Ratio of 1.42 as of Jul. 06, 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 Steven Madden and its competitors. This is 30% below median its historical median of 2.03. Over the past decade, Steven Madden's Cyclically Adjusted PS Ratio has ranged from 0.78 to 2.96. According to the industry distribution chart, Steven Madden ranks #636 out of 883 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72%.
Is Steven Madden's Cyclically Adjusted PS Ratio too high?
Steven Madden's current Cyclically Adjusted PS Ratio of 1.42 is 30% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.96. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Steven Madden's value of 1.42 is 121.9% above this industry median. Based on the distribution chart, Steven Madden ranks #636 out of 883 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Steven Madden has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steven Madden's Cyclically Adjusted PS Ratio compare to WWW and WEYS?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Steven Madden ranks #636 out of 883 companies for Cyclically Adjusted PS Ratio. This places Steven Madden in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. Steven Madden's value of 1.42 is 121.9% above this benchmark. Historically, Steven Madden's own Cyclically Adjusted PS Ratio has ranged from 0.78 to 2.96 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 0.64, Steven Madden 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 883 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. Steven Madden's current Cyclically Adjusted PS Ratio of 1.42 is 121.9% 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 Steven Madden and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steven Madden's current Cyclically Adjusted PS Ratio is 1.42, which is 30% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steven Madden stock overvalued right now?
Based on GuruFocus' analysis, Steven Madden (SHOO) is currently considered Modestly Undervalued. The stock's GF Value™ is $49.39, compared to a current price of $39.70 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.42, which is 30% below median its 10-year median of 2.03 and 121.9% above the Manufacturing - Apparel & Accessories industry median of 0.64. Steven Madden's overall GF Score™ is 92/100 with 4 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 Steven Madden (SHOO), the current Cyclically Adjusted PS Ratio is 1.42 as of Jul. 06, 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 Steven Madden (SHOO) Overvalued in 2026?

Based on GuruFocus' analysis, Steven Madden stock appears to be undervalued. The current stock price of $39.70 is trading 19.6% below its estimated GF Value™ of $49.39. GuruFocus considers Steven Madden to be Modestly Undervalued.

Key valuation signals for SHOO:

  • Cyclically Adjusted PS Ratio: 1.42 (30% below median its 10-year median of 2.03)
  • GF Value™: $49.39 vs. price of $39.70 (19.6% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 121.9% above the Manufacturing - Apparel & Accessories median (#636 of 883)

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


Steven Madden Business Description

Other Exchanges SJM:Germany
Address 52-16 Barnett Avenue, Long Island City, NY, USA, 11104
Steven Madden Ltd and its subsidiaries design, source, and market branded and private label footwear, accessories, and apparel. Its offerings include contemporary styles and core products, known for design creativity, trend-right offerings, high quality, and accessible price points. It operates through four segments: Wholesale Footwear, which generates maximum revenue and sells footwear globally; Wholesale Accessories/Apparel, which sells handbags and apparel through wholesale channels; Direct-to-Consumer, which sells footwear, handbags, apparel, and accessories through stores, outlets, e-commerce, and concessions; and Licensing, which licenses Steve Madden, Betsey Johnson, and Kurt Geiger trademarks, with the Company generating the majority of its revenue from the USA.
92GF Score

Get the complete analysis for SHOO

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

$39.70
Price
$49.39
GF Value