VRG (WAR:VRG) Cyclically Adjusted PS Ratio: 0.81 (As of Jul. 14, 2026) — 13% Above Median

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WAR:VRG VRG SA WAR:VRG
92 GF Score
Price zł5.12
GF Value zł4.30
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is VRG Cyclically Adjusted PS Ratio?

VRG WAR:VRG -2.29% 92 Cyclically Adjusted PS Ratio is 0.81 as of Jul. 14, 2026, which is 13% above its 10-year median of 0.72. GuruFocus rates WAR:VRG with a GF Score™ of 92/100 and a GF Value™ of zł4.30 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 881 Manufacturing - Apparel & Accessories companies, VRG ranks worse than 58% on this metric.

As of today (2026-07-14), VRG's current share price is zł5.12. VRG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł6.29. VRG's Cyclically Adjusted PS Ratio for today is 0.81.

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

WAR:VRG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.72   Max: 1.04
Current: 0.83

During the past years, VRG's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.56. And the median was 0.72.

WAR:VRG's Cyclically Adjusted PS Ratio is ranked worse than
58% of 881 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs WAR:VRG: 0.83

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.

VRG's adjusted revenue per share data for the three months ended in Mar. 2026 was zł1.520. 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 zł6.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


VRG  (WAR:VRG) 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.


VRG Cyclically Adjusted PS Ratio Related Terms


VRG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VRG'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.

VRG Cyclically Adjusted PS Ratio Chart

VRG 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 0.95 0.70 0.65 0.56 0.77

VRG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.62 0.63 0.81 0.77 0.74

WAR:VRG vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, VRG'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.


VRG Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VRG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:VRG
92GF Score
VRG SA WAR:VRG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VRG 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.12/6.29
=0.81

* 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.

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

For example, VRG's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.52/163.0700*163.0700
=1.520

Current CPI (Mar. 2026) = 163.0700.

VRG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.859 99.552 1.407
201609 0.754 99.064 1.241
201612 1.039 100.366 1.688
201703 0.751 101.018 1.212
201706 0.950 101.180 1.531
201709 0.868 101.343 1.397
201712 1.231 102.564 1.957
201803 0.886 102.564 1.409
201806 1.066 103.378 1.682
201809 0.957 103.378 1.510
201812 1.428 103.785 2.244
201903 0.888 104.274 1.389
201906 1.119 105.983 1.722
201909 1.040 105.983 1.600
201912 1.377 107.123 2.096
202003 0.818 109.076 1.223
202006 0.724 109.402 1.079
202009 1.033 109.320 1.541
202012 0.961 109.565 1.430
202103 0.741 112.658 1.073
202106 1.010 113.960 1.445
202109 1.294 115.588 1.826
202112 1.444 119.088 1.977
202203 0.837 125.031 1.092
202206 1.450 131.705 1.795
202209 1.356 135.531 1.632
202212 1.566 139.113 1.836
202303 1.139 145.950 1.273
202306 1.423 147.009 1.578
202309 1.267 146.113 1.414
202312 1.707 147.741 1.884
202403 1.256 149.044 1.374
202406 1.453 150.997 1.569
202409 1.228 153.439 1.305
202412 2.007 154.660 2.116
202503 1.464 157.021 1.520
202506 1.610 157.509 1.667
202509 1.395 158.000 1.440
202512 2.099 158.320 2.162
202603 1.520 163.070 1.520

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 0.81 mean?
VRG (WAR:VRG) has a Cyclically Adjusted PS Ratio of 0.81 as of Jul. 14, 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 VRG and its competitors. This is 13% above median its historical median of 0.72. Over the past decade, VRG's Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.04. According to the industry distribution chart, VRG ranks #511 out of 881 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58%.
Is VRG's Cyclically Adjusted PS Ratio too high?
VRG's current Cyclically Adjusted PS Ratio of 0.81 is 13% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.04. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. VRG's value of 0.81 is 24.6% above this industry median. Based on the distribution chart, VRG ranks #511 out of 881 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, VRG has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VRG's Cyclically Adjusted PS Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VRG ranks #511 out of 881 companies for Cyclically Adjusted PS Ratio. This places VRG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. VRG's value of 0.81 is 24.6% above this benchmark. Historically, VRG's own Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.04 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.65, VRG 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 881 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. VRG's current Cyclically Adjusted PS Ratio of 0.81 is 24.6% 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 VRG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VRG's current Cyclically Adjusted PS Ratio is 0.81, which is 13% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VRG stock overvalued right now?
Based on GuruFocus' analysis, VRG (WAR:VRG) is currently considered Modestly Overvalued. The stock's GF Value™ is zł4.30, compared to a current price of zł5.12 — trading 19.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is 13% above median its 10-year median of 0.72 and 24.6% above the Manufacturing - Apparel & Accessories industry median of 0.65. VRG's overall GF Score™ is 92/100 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 VRG (WAR:VRG), the current Cyclically Adjusted PS Ratio is 0.81 as of Jul. 14, 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 VRG (WAR:VRG) Overvalued in 2026?

Based on GuruFocus' analysis, VRG stock appears to be overvalued. The current stock price of zł5.12 is trading 19.1% above its estimated GF Value™ of zł4.30. GuruFocus considers VRG to be Modestly Overvalued.

Key valuation signals for WAR:VRG:

  • Cyclically Adjusted PS Ratio: 0.81 (13% above median its 10-year median of 0.72)
  • GF Value™: zł4.30 vs. price of zł5.12 (19.1% above fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 24.6% above the Manufacturing - Apparel & Accessories median (#511 of 881)

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


VRG Business Description

Other Exchanges 1NL:Germany
Address 10 Pilotow Street, Cracow, POL, 31-462
VRG SA is a Poland-based holding that specializes in the design, manufacture, and distribution of men's clothing and accessories. The company's operating segment includes Apparel and Jewellery. It generates maximum revenue from the Apparel segment. Geographically, it derives a majority of revenue from Poland. The company's brands include Vistula, Vistula Red, Lantier, Vesari, Wolczanka, Lambert, and other brand names.
92GF Score

Get the complete analysis for WAR:VRG

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

zł5.12
Price
zł4.30
GF Value