Unilever Ghana (XGHA:UNIL) Cyclically Adjusted PS Ratio: 2.82 (As of Jul. 20, 2026) — 49% Above 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.

XGHA:UNIL Unilever Ghana PLC XGHA:UNIL
93 GF Score
Price GHS29.50
GF Value GHS10.67
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Unilever Ghana Cyclically Adjusted PS Ratio?

Unilever Ghana XGHA:UNIL 93 Cyclically Adjusted PS Ratio is 2.82 as of Jul. 20, 2026, which is 49% above its 10-year median of 1.89. GuruFocus rates XGHA:UNIL with a GF Score™ of 93/100 and a GF Value™ of GHS10.67 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Unilever Ghana ranks worse than 85.57% on this metric.

As of today (2026-07-20), Unilever Ghana's current share price is GHS29.50. Unilever Ghana's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was GHS10.45. Unilever Ghana's Cyclically Adjusted PS Ratio for today is 2.82.

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

XGHA:UNIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.89   Med: 1.89   Max: 2.82
Current: 2.82

During the past 10 years, Unilever Ghana's highest Cyclically Adjusted PS Ratio was 2.82. The lowest was 1.89. And the median was 1.89.

XGHA:UNIL's Cyclically Adjusted PS Ratio is ranked worse than
85.57% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs XGHA:UNIL: 2.82

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.

Unilever Ghana's adjusted revenue per share data of for the fiscal year that ended in Dec25 was GHS16.630. 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 GHS10.45 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unilever Ghana  (XGHA:UNIL) 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.


Unilever Ghana Cyclically Adjusted PS Ratio Related Terms


Unilever Ghana Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Unilever Ghana'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.

Unilever Ghana Cyclically Adjusted PS Ratio Chart

Unilever Ghana Annual Data
Trend Dec08 Dec09 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 1.89

Unilever Ghana 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 0.00 0.00 0.00 1.89 0.00

XGHA:UNIL vs PG, CL, KVUE: Cyclically Adjusted PS Ratio Comparison

For the Household & Personal Products subindustry, Unilever Ghana'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.


Unilever Ghana Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


XGHA:UNIL
93GF Score
Unilever Ghana PLC XGHA:UNIL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unilever Ghana 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.

Unilever Ghana's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.50/10.45
=2.82

* 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.

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

For example, Unilever Ghana'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)
=16.63/324.0540*324.0540
=16.630

Current CPI (Dec25) = 324.0540.

Unilever Ghana Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200812 2.651 210.228 4.086
200912 2.710 215.949 4.067
201812 10.114 251.233 13.046
201912 5.333 256.974 6.725
202012 6.784 260.474 8.440
202112 8.431 278.802 9.799
202212 10.104 296.797 11.032
202312 14.538 306.746 15.358
202412 14.893 315.605 15.292
202512 16.630 324.054 16.630

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 2.82 mean?
Unilever Ghana (XGHA:UNIL) has a Cyclically Adjusted PS Ratio of 2.82 as of Jul. 20, 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 Unilever Ghana and its competitors. This is 49% above median its historical median of 1.89. Over the past decade, Unilever Ghana's Cyclically Adjusted PS Ratio has ranged from 1.89 to 2.82. According to the industry distribution chart, Unilever Ghana ranks #1239 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 85.6%.
Is Unilever Ghana's Cyclically Adjusted PS Ratio too high?
Unilever Ghana's current Cyclically Adjusted PS Ratio of 2.82 is 49% above median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 2.82. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Unilever Ghana's value of 2.82 is 266.2% above this industry median. Based on the distribution chart, Unilever Ghana ranks #1239 out of 1448 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Unilever Ghana has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unilever Ghana's Cyclically Adjusted PS Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Unilever Ghana ranks #1239 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Unilever Ghana in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Unilever Ghana's value of 2.82 is 266.2% above this benchmark. Historically, Unilever Ghana's own Cyclically Adjusted PS Ratio has ranged from 1.89 to 2.82 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 0.77, Unilever Ghana 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,448 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. Unilever Ghana's current Cyclically Adjusted PS Ratio of 2.82 is 266.2% 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 Unilever Ghana 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. Unilever Ghana's current Cyclically Adjusted PS Ratio is 2.82, which is 49% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilever Ghana stock overvalued right now?
Based on GuruFocus' analysis, Unilever Ghana (XGHA:UNIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS10.67, compared to a current price of GHS29.50 — trading 176.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.82, which is 49% above median its 10-year median of 1.89 and 266.2% above the Consumer Packaged Goods industry median of 0.77. Unilever Ghana's overall GF Score™ is 93/100 with 3 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 Unilever Ghana (XGHA:UNIL), the current Cyclically Adjusted PS Ratio is 2.82 as of Jul. 20, 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 Unilever Ghana (XGHA:UNIL) Overvalued in 2026?

Based on GuruFocus' analysis, Unilever Ghana stock appears to be overvalued. The current stock price of GHS29.50 is trading 176.5% above its estimated GF Value™ of GHS10.67. GuruFocus considers Unilever Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:UNIL:

  • Cyclically Adjusted PS Ratio: 2.82 (49% above median its 10-year median of 1.89)
  • GF Value™: GHS10.67 vs. price of GHS29.50 (176.5% above fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 266.2% above the Consumer Packaged Goods median (#1239 of 1448)

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


Unilever Ghana Business Description

Address Tema Factory, Plot No. Ind/A/2/3A-4, P O Box 721, Tema, GHA
Unilever Ghana PLC is engaged in manufacturing and selling consumer goods. The company offers personal care products, food products and home care products.
93GF Score

Get the complete analysis for XGHA:UNIL

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

GHS29.50
Price
GHS10.67
GF Value