Evolus (STU:EVL) Cyclically Adjusted PS Ratio: 2.18 (As of Aug. 11, 2026) — 12% Above Median

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STU:EVL Evolus Inc STU:EVL
74 GF Score
Price €6.49
GF Value €11.41
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Evolus Cyclically Adjusted PS Ratio?

Evolus STU:EVL -1.43% 74 Cyclically Adjusted PS Ratio is 2.18 as of Aug. 11, 2026, which is 12% above its 10-year median of 1.94. GuruFocus rates STU:EVL with a GF Score™ of 74/100 and a GF Value™ of €11.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 749 Drug Manufacturers companies, Evolus ranks worse than 53.81% on this metric.

As of today (2026-08-11), Evolus's current share price is €6.488. Evolus's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.97. Evolus's Cyclically Adjusted PS Ratio for today is 2.18.

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

STU:EVL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.69   Med: 1.94   Max: 2.23
Current: 2.23

During the past years, Evolus's highest Cyclically Adjusted PS Ratio was 2.23. The lowest was 1.69. And the median was 1.94.

STU:EVL's Cyclically Adjusted PS Ratio is ranked worse than
53.81% of 749 companies
in the Drug Manufacturers industry
Industry Median: 2.03 vs STU:EVL: 2.23

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.

Evolus's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.107. 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 €2.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolus  (STU:EVL) 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.


Evolus Cyclically Adjusted PS Ratio Related Terms


Evolus Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Evolus'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.

Evolus Cyclically Adjusted PS Ratio Chart

Evolus 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 0.00 0.00 0.00 0.00 0.00

Evolus 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 0.00 0.00 0.00 0.00 2.04

STU:EVL vs EBS, ELTP, AKBA: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Evolus'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.


Evolus Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Evolus's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:EVL
74GF Score
Evolus Inc STU:EVL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolus 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.

Evolus's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.488/2.97
=2.18

* 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.

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

For example, Evolus'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)
=1.107/333.9520*333.9520
=1.107

Current CPI (Jun. 2026) = 333.9520.

Evolus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.075 256.143 0.098
201909 0.435 256.759 0.566
201912 0.569 256.974 0.739
202003 0.282 258.115 0.365
202006 0.205 257.797 0.266
202009 0.444 260.280 0.570
202012 0.501 260.474 0.642
202103 0.250 264.877 0.315
202106 0.423 271.696 0.520
202109 0.412 274.310 0.502
202112 0.551 278.802 0.660
202203 0.552 287.504 0.641
202206 0.627 296.311 0.707
202209 0.609 296.808 0.685
202212 0.732 296.797 0.824
202303 0.690 301.836 0.763
202306 0.800 305.109 0.876
202309 0.822 307.789 0.892
202312 0.977 306.746 1.064
202403 0.928 312.332 0.992
202406 0.991 314.175 1.053
202409 0.872 315.301 0.924
202412 1.190 315.605 1.259
202503 0.995 319.799 1.039
202506 0.932 322.561 0.965
202509 0.908 324.800 0.934
202512 1.188 324.054 1.224
202603 0.971 330.213 0.982
202606 1.107 333.952 1.107

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 2.18 mean?
Evolus (STU:EVL) has a Cyclically Adjusted PS Ratio of 2.18 as of Aug. 11, 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 Evolus and its competitors. This is 12% above median its historical median of 1.94. Over the past decade, Evolus' Cyclically Adjusted PS Ratio has ranged from 1.69 to 2.23. According to the industry distribution chart, Evolus ranks #403 out of 749 companies in the Drug Manufacturers industry, placing it in the top 53.8%.
Is Evolus' Cyclically Adjusted PS Ratio too high?
Evolus' current Cyclically Adjusted PS Ratio of 2.18 is 12% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 2.23. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.03. Evolus' value of 2.18 is 7.4% above this industry median. Based on the distribution chart, Evolus ranks #403 out of 749 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Evolus has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Evolus' Cyclically Adjusted PS Ratio compare to EBS and ELTP?
According to the Drug Manufacturers industry distribution chart, Evolus ranks #403 out of 749 companies for Cyclically Adjusted PS Ratio. This places Evolus in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.03. Evolus' value of 2.18 is 7.4% above this benchmark. Historically, Evolus' own Cyclically Adjusted PS Ratio has ranged from 1.69 to 2.23 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 2.03, Evolus 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.03, based on 749 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. Evolus's current Cyclically Adjusted PS Ratio of 2.18 is 7.4% 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 Evolus and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolus's current Cyclically Adjusted PS Ratio is 2.18, which is 12% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolus stock overvalued right now?
Based on GuruFocus' analysis, Evolus (STU:EVL) is currently considered Possible Value Trap. The stock's GF Value™ is €11.41, compared to a current price of €6.49 — trading 43.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.18, which is 12% above median its 10-year median of 1.94 and 7.4% above the Drug Manufacturers industry median of 2.03. Evolus' overall GF Score™ is 74/100 with 6 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 Evolus (STU:EVL), the current Cyclically Adjusted PS Ratio is 2.18 as of Aug. 11, 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 Evolus (STU:EVL) Overvalued in 2026?

Based on GuruFocus' analysis, Evolus stock appears to be undervalued. The current stock price of €6.49 is trading 43.1% below its estimated GF Value™ of €11.41. GuruFocus considers Evolus to be Possible Value Trap.

Key valuation signals for STU:EVL:

  • Cyclically Adjusted PS Ratio: 2.18 (12% above median its 10-year median of 1.94)
  • GF Value™: €11.41 vs. price of €6.49 (43.1% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 7.4% above the Drug Manufacturers median (#403 of 749)

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


Evolus Business Description

Other Exchanges EOLS:USA
Address 520 Newport Center Drive, Suite 1200, Newport Beach, CA, USA, 92660
Evolus Inc is a performance beauty company offering medical aesthetic products in the cash-pay aesthetic market. The company's commercially available products represent two product categories within medical aesthetics: injectable neurotoxins and injectable hyaluronic acid (HA) gels. Its commercial products are: Jeuveau, a proprietary 900-kilodalton, purified botulinum toxin type A formulation indicated for the temporary improvement in the appearance of moderate to severe frown lines, in adults; and Evolysse, a collection of injectable HA gels that utilizes first-generation cold technology. The line includes several products, including mid face, nasolabial folds, lips, and eyes. Geographically, the company currently has operations in the United States, Canada, Europe, and Australia.
74GF Score

Get the complete analysis for STU:EVL

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

€6.49
Price
€11.41
GF Value