Essilorluxottica (XBUL:ESL) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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XBUL:ESL Essilorluxottica XBUL:ESL
85 GF Score
Price €169.05
GF Value €231.65
! 3 Warning Signs
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What is Essilorluxottica Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essilorluxottica  (XBUL:ESL) 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.


Essilorluxottica Cyclically Adjusted PS Ratio Related Terms


Essilorluxottica Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Essilorluxottica'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.

Essilorluxottica Cyclically Adjusted PS Ratio Chart

Essilorluxottica 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 5.30 4.21 4.08 4.94 5.35

Essilorluxottica Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 4.94 0.00 5.35 0.00

XBUL:ESL vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Essilorluxottica'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.


Essilorluxottica Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Essilorluxottica's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XBUL:ESL
85GF Score
Essilorluxottica XBUL:ESL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essilorluxottica 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.

Essilorluxottica's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Essilorluxottica's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=61.315/120.9000*120.9000
=61.315

Current CPI (Dec25) = 120.9000.

Essilorluxottica Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 32.458 100.650 38.988
201712 41.620 101.850 49.405
201812 40.695 103.470 47.550
201912 39.421 104.980 45.399
202012 32.868 104.960 37.860
202112 44.493 107.850 49.877
202212 54.961 114.160 58.206
202312 56.337 118.390 57.531
202412 57.624 119.950 58.080
202512 61.315 120.900 61.315

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.

Is Essilorluxottica (XBUL:ESL) Overvalued in 2026?

Based on GuruFocus' analysis, Essilorluxottica stock appears to be undervalued. The current stock price of €169.05 is trading 27% below its estimated GF Value™ of €231.65.

Key valuation signals for XBUL:ESL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €231.65 vs. price of €169.05 (27% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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


Essilorluxottica Business Description

Address 147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220
EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest competitor and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 37% of sales in Europe, 45% in North America, and the rest in Asia and Latin America.
85GF Score

Get the complete analysis for XBUL:ESL

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

€169.05
Price
€231.65
GF Value