Flowers Foods (STU:FWF) Cyclically Adjusted PS Ratio: 0.24 (As of Sep. 16, 2026) — 79% Below Median

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:FWF Flowers Foods Inc STU:FWF
54 GF Score
Price €5.41
GF Value €16.81
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Flowers Foods Cyclically Adjusted PS Ratio?

Flowers Foods STU:FWF +2.40% 54 Cyclically Adjusted PS Ratio is 0.24 as of Sep. 16, 2026, which is 79% below its 10-year median of 1.17. GuruFocus rates STU:FWF with a GF Score™ of 54/100 and a GF Value™ of €16.81 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,455 Consumer Packaged Goods companies, Flowers Foods ranks better than 82.2% on this metric.

As of today (2026-09-16), Flowers Foods's current share price is €5.406. Flowers Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €22.20. Flowers Foods's Cyclically Adjusted PS Ratio for today is 0.24.

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

STU:FWF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.17   Max: 1.4
Current: 0.24

During the past years, Flowers Foods's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.24. And the median was 1.17.

STU:FWF's Cyclically Adjusted PS Ratio is ranked better than
82.2% of 1455 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs STU:FWF: 0.24

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.

Flowers Foods's adjusted revenue per share data for the three months ended in Dec. 2025 was €5.016. 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 €22.20 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flowers Foods  (STU:FWF) 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.


Flowers Foods Cyclically Adjusted PS Ratio Related Terms


Flowers Foods Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Flowers 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.

Flowers Foods Cyclically Adjusted PS Ratio Chart

Flowers Foods 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 1.38 1.38 0.99 0.91 0.41

Flowers Foods Quarterly Data
Sep16 Dec16 Sep17 Dec17 Sep18 Dec18 Sep19 Dec19 Sep20 Dec20 Sep21 Dec21 Sep22 Dec22 Sep23 Dec23 Sep24 Dec24 Sep25 Dec25
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 0.98 0.95 0.90 0.49 0.41

STU:FWF vs SENEA, NOMD, JJSF: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Flowers 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.


Flowers Foods Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


STU:FWF
54GF Score
Flowers Foods Inc STU:FWF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flowers 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.

Flowers Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.406/22.198
=0.24

* 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.

Flowers Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Flowers Foods's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=5.016/324.0540*324.0540
=5.016

Current CPI (Dec. 2025) = 324.0540.

Flowers Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200509 1.589 198.800 2.590
200512 1.585 196.800 2.610
200609 1.666 202.900 2.661
200612 1.644 201.800 2.640
200709 1.662 208.490 2.583
200712 1.566 210.036 2.416
200809 1.826 218.783 2.705
200812 2.223 210.228 3.427
200912 1.879 215.949 2.820
201009 2.230 218.439 3.308
201012 2.048 219.179 3.028
201109 2.324 226.889 3.319
201112 2.360 225.672 3.389
201209 2.737 231.407 3.833
201212 2.760 229.601 3.895
201309 3.124 234.149 4.324
201312 2.915 233.049 4.053
201409 3.006 238.031 4.092
201412 3.240 234.812 4.471
201512 3.654 236.525 5.006
201609 3.940 241.428 5.288
201612 3.843 241.432 5.158
201709 3.792 246.819 4.979
201712 3.516 246.524 4.622
201809 3.753 252.439 4.818
201812 3.644 251.233 4.700
201909 4.100 256.759 5.175
201912 3.909 256.974 4.929
202009 3.988 260.280 4.965
202012 4.037 260.474 5.022
202109 4.090 274.310 4.832
202112 4.036 278.802 4.691
202209 5.390 296.808 5.885
202212 4.988 296.797 5.446
202309 5.212 307.789 5.487
202312 4.946 306.746 5.225
202409 5.113 315.301 5.255
202412 4.909 315.605 5.040
202509 4.948 324.800 4.937
202512 5.016 324.054 5.016

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 0.24 mean?
Flowers Foods (STU:FWF) has a Cyclically Adjusted PS Ratio of 0.24 as of Sep. 16, 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 Flowers Foods and its competitors. This is 79% below median its historical median of 1.17. Over the past decade, Flowers Foods' Cyclically Adjusted PS Ratio has ranged from 0.24 to 1.40. According to the industry distribution chart, Flowers Foods ranks #259 out of 1455 companies in the Consumer Packaged Goods industry, placing it in the top 17.8%.
Is Flowers Foods' Cyclically Adjusted PS Ratio too high?
Flowers Foods' current Cyclically Adjusted PS Ratio of 0.24 is 79% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.40. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Flowers Foods' value of 0.24 is 68.8% below this industry median. Based on the distribution chart, Flowers Foods ranks #259 out of 1455 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Flowers Foods has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flowers Foods' Cyclically Adjusted PS Ratio compare to SENEA and NOMD?
According to the Consumer Packaged Goods industry distribution chart, Flowers Foods ranks #259 out of 1455 companies for Cyclically Adjusted PS Ratio. This places Flowers Foods in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.77. Flowers Foods' value of 0.24 is 68.8% below this benchmark. Historically, Flowers Foods' own Cyclically Adjusted PS Ratio has ranged from 0.24 to 1.40 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.77, Flowers Foods has consistently been below 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 1,455 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. Flowers Foods's current Cyclically Adjusted PS Ratio of 0.24 is 68.8% below 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 Flowers 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. Flowers Foods's current Cyclically Adjusted PS Ratio is 0.24, which is 79% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flowers Foods stock overvalued right now?
Based on GuruFocus' analysis, Flowers Foods (STU:FWF) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.81, compared to a current price of €5.41 — trading 67.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is 79% below median its 10-year median of 1.17 and 68.8% below the Consumer Packaged Goods industry median of 0.77. Flowers Foods' overall GF Score™ is 54/100 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 Flowers Foods (STU:FWF), the current Cyclically Adjusted PS Ratio is 0.24 as of Sep. 16, 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 Flowers Foods (STU:FWF) Overvalued in 2026?

Based on GuruFocus' analysis, Flowers Foods stock appears to be undervalued. The current stock price of €5.41 is trading 67.8% below its estimated GF Value™ of €16.81. GuruFocus considers Flowers Foods to be Significantly Undervalued.

Key valuation signals for STU:FWF:

  • Cyclically Adjusted PS Ratio: 0.24 (79% below median its 10-year median of 1.17)
  • GF Value™: €16.81 vs. price of €5.41 (67.8% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 68.8% below the Consumer Packaged Goods median (#259 of 1455)

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


Flowers Foods Business Description

Address 1919 Flowers Circle, Thomasville, GA, USA, 31757
Flowers Foods Inc operates as a producer and marketer of packaged bakery foods in the United States. Its principal products include breads, buns, rolls, snack items (bars, cakes, cookies, and crackers), bagels, English muffins, tortillas, and baking mixes. These products are sold under the brand names Nature's Own, Dave's Killer Bread (DKB), Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. The company derives the majority of its revenue from the sales of its bakery products.
54GF Score

Get the complete analysis for STU:FWF

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

€5.41
Price
€16.81
GF Value