TTSH (Tile Shop Holdings) Cyclically Adjusted PS Ratio: 0.33 (As of Aug. 10, 2026) — 57% Below Median

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TTSH Tile Shop Holdings Inc TTSH
54 GF Score
Price $2.85
GF Value $5.96
Valuation Possible Value Trap
! 5 Warning Signs
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What is Tile Shop Holdings Cyclically Adjusted PS Ratio?

Tile Shop Holdings TTSH -3.39% 54 Cyclically Adjusted PS Ratio is 0.33 as of Aug. 10, 2026, which is 57% below its 10-year median of 0.76. GuruFocus rates TTSH with a GF Score™ of 54/100 and a GF Value™ of $5.96 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 804 Retail - Cyclical companies, Tile Shop Holdings ranks better than 62.81% on this metric.

As of today (2026-08-10), Tile Shop Holdings's current share price is $2.85. Tile Shop Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was $8.51. Tile Shop Holdings's Cyclically Adjusted PS Ratio for today is 0.33.

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

TTSH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.76   Max: 1.31
Current: 0.35

During the past years, Tile Shop Holdings's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.33. And the median was 0.76.

TTSH's Cyclically Adjusted PS Ratio is ranked better than
62.81% of 804 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs TTSH: 0.35

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.

Tile Shop Holdings's adjusted revenue per share data for the three months ended in Dec. 2025 was $1.797. 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 $8.51 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tile Shop Holdings  (OTCPK:TTSH) 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.


Tile Shop Holdings Cyclically Adjusted PS Ratio Related Terms


Tile Shop Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tile Shop Holdings'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.

Tile Shop Holdings Cyclically Adjusted PS Ratio Chart

Tile Shop Holdings 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 1.04 0.59 0.93 0.84 0.41

Tile Shop Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 0.84 0.77 0.75 0.71 0.41

TTSH vs LIVE, HVT, HD: Cyclically Adjusted PS Ratio Comparison

For the Home Improvement Retail subindustry, Tile Shop Holdings'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.


Tile Shop Holdings Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tile Shop Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TTSH
54GF Score
Tile Shop Holdings Inc TTSH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tile Shop Holdings 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.

Tile Shop Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.85/8.51
=0.33

* 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.

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

For example, Tile Shop Holdings'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)
=1.797/324.0540*324.0540
=1.797

Current CPI (Dec. 2025) = 324.0540.

Tile Shop Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1.640 238.132 2.232
201606 1.623 241.018 2.182
201609 1.513 241.428 2.031
201612 1.471 241.432 1.974
201703 1.767 243.801 2.349
201706 1.713 244.955 2.266
201709 1.622 246.819 2.130
201712 1.515 246.524 1.991
201803 1.756 249.554 2.280
201806 1.786 251.989 2.297
201809 1.707 252.439 2.191
201812 1.609 251.233 2.075
201903 1.670 254.202 2.129
201906 1.743 256.143 2.205
201909 1.727 256.759 2.180
201912 1.578 256.974 1.990
202003 1.892 258.115 2.375
202006 1.357 257.797 1.706
202009 1.608 260.280 2.002
202012 1.588 260.474 1.976
202103 1.804 264.877 2.207
202106 1.874 271.696 2.235
202109 1.795 274.310 2.121
202112 1.764 278.802 2.050
202203 2.003 287.504 2.258
202206 2.099 296.311 2.296
202209 1.916 296.808 2.092
202212 1.999 296.797 2.183
202303 2.345 301.836 2.518
202306 2.265 305.109 2.406
202309 2.106 307.789 2.217
202312 1.928 306.746 2.037
202403 2.098 312.332 2.177
202406 2.088 314.175 2.154
202409 1.925 315.301 1.978
202412 1.803 315.605 1.851
202503 2.003 319.799 2.030
202506 2.011 322.561 2.020
202509 1.889 324.800 1.885
202512 1.797 324.054 1.797

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 0.33 mean?
Tile Shop Holdings (TTSH) has a Cyclically Adjusted PS Ratio of 0.33 as of Aug. 10, 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 Tile Shop Holdings and its competitors. This is 57% below median its historical median of 0.76. Over the past decade, Tile Shop Holdings' Cyclically Adjusted PS Ratio has ranged from 0.33 to 1.31. According to the industry distribution chart, Tile Shop Holdings ranks #299 out of 804 companies in the Retail - Cyclical industry, placing it in the top 37.2%.
Is Tile Shop Holdings' Cyclically Adjusted PS Ratio too high?
Tile Shop Holdings' current Cyclically Adjusted PS Ratio of 0.33 is 57% below median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.31. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Tile Shop Holdings' value of 0.33 is 34% below this industry median. Based on the distribution chart, Tile Shop Holdings ranks #299 out of 804 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Tile Shop Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tile Shop Holdings' Cyclically Adjusted PS Ratio compare to LIVE and HVT?
According to the Retail - Cyclical industry distribution chart, Tile Shop Holdings ranks #299 out of 804 companies for Cyclically Adjusted PS Ratio. This puts Tile Shop Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Tile Shop Holdings' value of 0.33 is 34% below this benchmark. Historically, Tile Shop Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.33 to 1.31 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.50, Tile Shop Holdings 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 804 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. Tile Shop Holdings's current Cyclically Adjusted PS Ratio of 0.33 is 34% 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 Tile Shop Holdings and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tile Shop Holdings's current Cyclically Adjusted PS Ratio is 0.33, which is 57% below median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tile Shop Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tile Shop Holdings (TTSH) is currently considered Possible Value Trap. The stock's GF Value™ is $5.96, compared to a current price of $2.85 — trading 52.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.33, which is 57% below median its 10-year median of 0.76 and 34% below the Retail - Cyclical industry median of 0.50. Tile Shop Holdings' overall GF Score™ is 54/100 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 Tile Shop Holdings (TTSH), the current Cyclically Adjusted PS Ratio is 0.33 as of Aug. 10, 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 Tile Shop Holdings (TTSH) Overvalued in 2026?

Based on GuruFocus' analysis, Tile Shop Holdings stock appears to be undervalued. The current stock price of $2.85 is trading 52.2% below its estimated GF Value™ of $5.96. GuruFocus considers Tile Shop Holdings to be Possible Value Trap.

Key valuation signals for TTSH:

  • Cyclically Adjusted PS Ratio: 0.33 (57% below median its 10-year median of 0.76)
  • GF Value™: $5.96 vs. price of $2.85 (52.2% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 34% below the Retail - Cyclical median (#299 of 804)

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


Tile Shop Holdings Business Description

Address 14000 Carlson Parkway, Plymouth, MN, USA, 55441
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The company earns majority of their revenue in the United States.
54GF Score

Get the complete analysis for TTSH

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

$2.85
Price
$5.96
GF Value