Cal-Maine Foods (STU:CM2) Cyclically Adjusted PS Ratio: 1.88 (As of Jul. 19, 2026) — 28% Above Median

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STU:CM2 Cal-Maine Foods Inc STU:CM2
83 GF Score
Price €77.04
GF Value €57.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Cal-Maine Foods Cyclically Adjusted PS Ratio?

Cal-Maine Foods STU:CM2 +0.13% 83 Cyclically Adjusted PS Ratio is 1.88 as of Jul. 19, 2026, which is 28% above its 10-year median of 1.47. GuruFocus rates STU:CM2 with a GF Score™ of 83/100 and a GF Value™ of €57.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Cal-Maine Foods ranks worse than 76.04% on this metric.

As of today (2026-07-19), Cal-Maine Foods's current share price is €77.04. Cal-Maine Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was €41.04. Cal-Maine Foods's Cyclically Adjusted PS Ratio for today is 1.88.

The historical rank and industry rank for Cal-Maine Foods's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:CM2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.47   Max: 2.59
Current: 1.82

During the past years, Cal-Maine Foods's highest Cyclically Adjusted PS Ratio was 2.59. The lowest was 1.07. And the median was 1.47.

STU:CM2's Cyclically Adjusted PS Ratio is ranked worse than
76.04% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs STU:CM2: 1.82

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.

Cal-Maine Foods's adjusted revenue per share data for the three months ended in Feb. 2026 was €11.900. 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 €41.04 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cal-Maine Foods  (STU:CM2) 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.


Cal-Maine Foods Cyclically Adjusted PS Ratio Related Terms


Cal-Maine Foods Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cal-Maine Foods'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.

Cal-Maine Foods Cyclically Adjusted PS Ratio Chart

Cal-Maine Foods Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.34 1.19 1.46 2.02

Cal-Maine Foods Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.96 2.02 2.41 1.73 1.79

STU:CM2 vs FDP, AGRO, DOLE: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Cal-Maine Foods'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.


Cal-Maine Foods Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cal-Maine Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cal-Maine Foods's Cyclically Adjusted PS Ratio falls into.


STU:CM2
83GF Score
Cal-Maine Foods Inc STU:CM2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cal-Maine Foods 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.

Cal-Maine Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=77.04/41.04
=1.88

* 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.

Cal-Maine Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Cal-Maine Foods's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=11.9/326.7850*326.7850
=11.900

Current CPI (Feb. 2026) = 326.7850.

Cal-Maine Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 5.536 240.229 7.531
201608 4.434 240.849 6.016
201611 4.871 241.353 6.595
201702 5.945 243.603 7.975
201705 5.114 244.733 6.829
201708 4.606 245.519 6.131
201711 6.367 246.669 8.435
201802 7.282 248.991 9.557
201805 7.730 251.588 10.040
201808 6.079 252.146 7.878
201811 6.456 252.038 8.371
201902 6.970 252.776 9.011
201905 5.148 256.092 6.569
201908 4.475 256.558 5.700
201911 5.819 257.208 7.393
202002 6.522 258.678 8.239
202005 8.489 256.394 10.820
202008 5.101 259.918 6.413
202011 6.040 260.229 7.585
202102 6.103 263.014 7.583
202105 5.914 269.195 7.179
202108 5.654 273.567 6.754
202111 6.822 277.948 8.021
202202 8.579 283.716 9.881
202205 11.728 292.296 13.112
202208 13.312 296.171 14.688
202211 16.103 297.711 17.676
202302 19.075 300.840 20.720
202305 12.973 304.127 13.940
202308 8.624 307.026 9.179
202311 9.894 307.051 10.530
202402 13.333 310.326 14.040
202405 12.122 314.069 12.613
202408 14.567 314.796 15.122
202411 18.364 315.493 19.021
202502 27.792 319.082 28.463
202505 20.111 321.465 20.444
202508 16.366 323.976 16.508
202511 13.819 324.122 13.933
202602 11.900 326.785 11.900

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 1.88 mean?
Cal-Maine Foods (STU:CM2) has a Cyclically Adjusted PS Ratio of 1.88 as of Jul. 19, 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 Cal-Maine Foods and its competitors. This is 28% above median its historical median of 1.47. Over the past decade, Cal-Maine Foods' Cyclically Adjusted PS Ratio has ranged from 1.07 to 2.59. According to the industry distribution chart, Cal-Maine Foods ranks #1101 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 76%.
Is Cal-Maine Foods' Cyclically Adjusted PS Ratio too high?
Cal-Maine Foods' current Cyclically Adjusted PS Ratio of 1.88 is 28% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.59. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Cal-Maine Foods' value of 1.88 is 144.2% above this industry median. Based on the distribution chart, Cal-Maine Foods ranks #1101 out of 1448 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Cal-Maine Foods has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cal-Maine Foods' Cyclically Adjusted PS Ratio compare to FDP and AGRO?
According to the Consumer Packaged Goods industry distribution chart, Cal-Maine Foods ranks #1101 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Cal-Maine Foods in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Cal-Maine Foods' value of 1.88 is 144.2% above this benchmark. Historically, Cal-Maine Foods' own Cyclically Adjusted PS Ratio has ranged from 1.07 to 2.59 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 0.77, Cal-Maine Foods 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,448 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. Cal-Maine Foods's current Cyclically Adjusted PS Ratio of 1.88 is 144.2% 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 Cal-Maine Foods and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cal-Maine Foods's current Cyclically Adjusted PS Ratio is 1.88, which is 28% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cal-Maine Foods stock overvalued right now?
Based on GuruFocus' analysis, Cal-Maine Foods (STU:CM2) is currently considered Significantly Overvalued. The stock's GF Value™ is €57.42, compared to a current price of €77.04 — trading 34.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.88, which is 28% above median its 10-year median of 1.47 and 144.2% above the Consumer Packaged Goods industry median of 0.77. Cal-Maine Foods' overall GF Score™ is 83/100 with 5 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 Cal-Maine Foods (STU:CM2), the current Cyclically Adjusted PS Ratio is 1.88 as of Jul. 19, 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 Cal-Maine Foods (STU:CM2) Overvalued in 2026?

Based on GuruFocus' analysis, Cal-Maine Foods stock appears to be overvalued. The current stock price of €77.04 is trading 34.2% above its estimated GF Value™ of €57.42. GuruFocus considers Cal-Maine Foods to be Significantly Overvalued.

Key valuation signals for STU:CM2:

  • Cyclically Adjusted PS Ratio: 1.88 (28% above median its 10-year median of 1.47)
  • GF Value™: €57.42 vs. price of €77.04 (34.2% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 144.2% above the Consumer Packaged Goods median (#1101 of 1448)

No single metric tells the full story. See the STU:CM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cal-Maine Foods Business Description

Other Exchanges CALM:USA1CALM:Italy
Address 1052 Highland Colony Parkway, Suite 200, Ridgeland, MS, USA, 39157
Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.
83GF Score

Get the complete analysis for STU:CM2

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

€77.04
Price
€57.42
GF Value