Forus (XSGO:FORUS) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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.

XSGO:FORUS Forus SA XSGO:FORUS
82 GF Score
Price CLP1,983.40
GF Value CLP2,114.25
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Forus Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Forus  (XSGO:FORUS) 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.


Forus Cyclically Adjusted PS Ratio Related Terms


Forus Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Forus'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.

Forus Cyclically Adjusted PS Ratio Chart

Forus 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 1.05 0.99 1.30 1.31 1.69

Forus Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 1.57 1.63 1.67 1.63 1.38

XSGO:FORUS vs TJX, ROST, BURL: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Forus'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.


Forus Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


XSGO:FORUS
82GF Score
Forus SA XSGO:FORUS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forus 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=446.414/162.5100*162.5100
=446.414

Current CPI (Jun. 2026) = 162.5100.

Forus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 215.718 104.521 335.401
201612 238.945 104.532 371.476
201703 237.384 105.752 364.790
201706 273.030 105.730 419.654
201709 222.090 106.035 340.376
201712 238.451 106.907 362.471
201803 235.333 107.670 355.198
201806 263.827 108.421 395.444
201809 219.676 109.369 326.413
201812 239.546 109.653 355.018
201903 217.522 110.339 320.372
201906 256.004 111.352 373.618
201909 223.429 111.821 324.711
201912 222.149 112.943 319.643
202003 187.694 114.468 266.468
202006 88.089 114.283 125.262
202009 177.315 115.275 249.972
202012 260.525 116.299 364.044
202103 191.100 117.770 263.698
202106 273.325 118.630 374.424
202109 301.734 121.431 403.809
202112 373.980 124.634 487.632
202203 270.328 128.850 340.946
202206 343.842 133.448 418.722
202209 266.587 138.101 313.706
202212 338.171 140.574 390.941
202303 298.380 143.145 338.745
202306 338.408 143.538 383.138
202309 281.689 145.172 315.332
202312 344.943 146.109 383.664
202403 322.695 148.551 353.019
202406 427.554 149.592 464.475
202409 309.472 151.212 332.594
202412 394.932 152.774 420.099
202503 365.664 155.783 381.454
202506 431.947 155.754 450.683
202509 332.507 157.870 342.280
202512 431.997 158.040 444.216
202603 367.247 160.190 372.566
202606 446.414 162.510 446.414

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 Forus (XSGO:FORUS) Overvalued in 2026?

Based on GuruFocus' analysis, Forus stock appears to be undervalued. The current stock price of CLP1,983.40 is trading 6.2% below its estimated GF Value™ of CLP2,114.25. GuruFocus considers Forus to be Fairly Valued.

Key valuation signals for XSGO:FORUS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: CLP2,114.25 vs. price of CLP1,983.40 (6.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Forus Business Description

Address Avenida Departmental N 01053, La Florida, Santiago, CHL
Forus SA is a retail company. It produces, imports, designs, markets and distributes products of footwear, apparel, and accessories. The firm sells domestic and international brands such as Hush Puppies, Sorel, Columbia, Cat, Merrell, Azalea, Nine west, Brooks, Calpany, etc. The company operates in Chile, Columbia, Peru, Uruguay. It generates a majority of the sales from Chile.
82GF Score

Get the complete analysis for XSGO:FORUS

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

CLP1,983.40
Price
CLP2,114.25
GF Value