e.l.f. Beauty (STU:0EF) Cyclically Adjusted PS Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

STU:0EF e.l.f. Beauty Inc STU:0EF
78 GF Score
Price €73.80
GF Value €147.15
Valuation Significantly Undervalued
! 3 Warning Signs
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What is e.l.f. Beauty Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


e.l.f. Beauty  (STU:0EF) 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.


e.l.f. Beauty Cyclically Adjusted PS Ratio Related Terms


e.l.f. Beauty Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for e.l.f. Beauty'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.

e.l.f. Beauty Cyclically Adjusted PS Ratio Chart

e.l.f. Beauty Annual Data
Trend Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 5.36 4.31

e.l.f. Beauty 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 10.26 10.49 5.75 4.31 0.00

STU:0EF vs IPAR, COTY, NWL: Cyclically Adjusted PS Ratio Comparison

For the Household & Personal Products subindustry, e.l.f. Beauty'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.


e.l.f. Beauty Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, e.l.f. Beauty's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where e.l.f. Beauty's Cyclically Adjusted PS Ratio falls into.


STU:0EF
78GF Score
e.l.f. Beauty Inc STU:0EF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

e.l.f. Beauty 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.

e.l.f. Beauty's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, e.l.f. Beauty'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)
=6.967/333.9520*333.9520
=6.967

Current CPI (Jun. 2026) = 333.9520.

e.l.f. Beauty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.821 241.428 13.585
201612 1.600 241.432 2.213
201703 1.145 243.801 1.568
201706 1.004 244.955 1.369
201709 1.223 246.819 1.655
201712 1.404 246.524 1.902
201803 1.084 249.554 1.451
201806 1.023 251.989 1.356
201809 1.115 252.439 1.475
201812 1.403 251.233 1.865
201903 1.219 254.202 1.601
201906 1.051 256.143 1.370
201909 1.205 256.759 1.567
201912 1.426 256.974 1.853
202003 1.325 258.115 1.714
202006 1.125 257.797 1.457
202009 1.187 260.280 1.523
202012 1.391 260.474 1.783
202103 1.470 264.877 1.853
202106 1.508 271.696 1.854
202109 1.458 274.310 1.775
202112 1.611 278.802 1.930
202203 1.775 287.504 2.062
202206 2.154 296.311 2.428
202209 2.245 296.808 2.526
202212 2.477 296.797 2.787
202303 3.090 301.836 3.419
202306 3.492 305.109 3.822
202309 3.516 307.789 3.815
202312 4.281 306.746 4.661
202403 5.050 312.332 5.400
202406 5.148 314.175 5.472
202409 4.638 315.301 4.912
202412 5.815 315.605 6.153
202503 5.306 319.799 5.541
202506 5.318 322.561 5.506
202509 4.917 324.800 5.056
202512 6.945 324.054 7.157
202603 6.484 330.213 6.557
202606 6.967 333.952 6.967

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.

Is e.l.f. Beauty (STU:0EF) Overvalued in 2026?

Based on GuruFocus' analysis, e.l.f. Beauty stock appears to be undervalued. The current stock price of €73.80 is trading 49.8% below its estimated GF Value™ of €147.15. GuruFocus considers e.l.f. Beauty to be Significantly Undervalued.

Key valuation signals for STU:0EF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €147.15 vs. price of €73.80 (49.8% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the STU:0EF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


e.l.f. Beauty Business Description

Other Exchanges ELF:USA1ELF:Italy
Address 601 12th Street, 14th Floor, Oakland, CA, USA, 94607
e.l.f. Beauty Inc is a multi-brand beauty company that offers inclusive, accessible, clean, vegan, and cruelty-free cosmetics and skin care products. The Company's mission is to make beauty accessible to every eye, lip, face, and skin concern. The company offers cosmetic accessories for women, which include eyeliner, mascara, false eyelashes, lipstick, foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels.
78GF Score

Get the complete analysis for STU:0EF

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

€73.80
Price
€147.15
GF Value