Sonos (STU:8SO) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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.

STU:8SO Sonos Inc STU:8SO
60 GF Score
Price €13.52
GF Value €13.04
! 3 Warning Signs
View Full Analysis

What is Sonos Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonos  (STU:8SO) 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.


Sonos Cyclically Adjusted PS Ratio Related Terms


Sonos Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sonos'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.

Sonos Cyclically Adjusted PS Ratio Chart

Sonos Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.88 1.00

Sonos 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 0.71 1.03 1.18 0.91 0.91

STU:8SO vs FXHO, TBCH, VUZI: Cyclically Adjusted PS Ratio Comparison

For the Consumer Electronics subindustry, Sonos'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.


Sonos Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Sonos's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:8SO
60GF Score
Sonos Inc STU:8SO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sonos 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.

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

For example, Sonos'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)
=2.668/333.9520*333.9520
=2.668

Current CPI (Jun. 2026) = 333.9520.

Sonos Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.698 241.428 2.349
201612 3.514 241.432 4.861
201703 1.741 243.801 2.385
201706 2.060 244.955 2.808
201709 1.854 246.819 2.509
201712 4.048 246.524 5.484
201803 1.544 249.554 2.066
201806 2.912 251.989 3.859
201809 2.781 252.439 3.679
201812 3.881 251.233 5.159
201903 1.809 254.202 2.377
201906 2.194 256.143 2.860
201909 2.470 256.759 3.213
201912 4.287 256.974 5.571
202003 1.451 258.115 1.877
202006 2.068 257.797 2.679
202009 2.373 260.280 3.045
202012 4.145 260.474 5.314
202103 1.932 264.877 2.436
202106 2.180 271.696 2.680
202109 2.414 274.310 2.939
202112 4.085 278.802 4.893
202203 2.552 287.504 2.964
202206 2.728 296.311 3.075
202209 2.470 296.808 2.779
202212 5.017 296.797 5.645
202303 2.216 301.836 2.452
202306 2.674 305.109 2.927
202309 2.203 307.789 2.390
202312 4.498 306.746 4.897
202403 1.881 312.332 2.011
202406 2.899 314.175 3.081
202409 1.915 315.301 2.028
202412 4.140 315.605 4.381
202503 2.058 319.799 2.149
202506 2.526 322.561 2.615
202509 2.043 324.800 2.101
202512 3.761 324.054 3.876
202603 2.002 330.213 2.025
202606 2.668 333.952 2.668

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 Sonos (STU:8SO) Overvalued in 2026?

Based on GuruFocus' analysis, Sonos stock appears to be overvalued. The current stock price of €13.52 is trading 3.6% above its estimated GF Value™ of €13.04.

Key valuation signals for STU:8SO:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €13.04 vs. price of €13.52 (3.6% above fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the STU:8SO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sonos Business Description

Other Exchanges SONO:USA0ZFN:UK
Address 301 Coromar Drive, Santa Barbara, CA, USA, 93117
Sonos Inc is an audio company dedicated to elevating life through sound, offering a connected platform that brings together music, movies, stories, and conversations. Its portfolio includes home theater speakers, components, plug-in and portable speakers and headphones, known for exceptional sound, thoughtful design, ease of use and seamless access to audio content. Its partner products and other revenue categories include accessories for home integration, such as custom-designed stands, mounts, and shelving units, along with partnerships for architectural speakers and automotive sound systems, as well as licensing, advertising revenue, and subscription-based services. The company operates in the United States and other countries, with the majority of revenue coming from the United States.
60GF Score

Get the complete analysis for STU:8SO

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

€13.52
Price
€13.04
GF Value