ZEUS (Olympic Steel) Cyclically Adjusted PS Ratio: 0.27 (As of Jul. 19, 2026) — 42% Above Median

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ZEUS Olympic Steel Inc ZEUS
58 GF Score
Price $47.86
GF Value $36.41
! 8 Warning Signs
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What is Olympic Steel Cyclically Adjusted PS Ratio?

Olympic Steel ZEUS +0.06% 58 Cyclically Adjusted PS Ratio is 0.27 as of Jul. 19, 2026, which is 42% above its 10-year median of 0.19. GuruFocus rates ZEUS with a GF Score™ of 58/100 and a GF Value™ of $36.41. The stock has 8 warning signs investors should review.

As of today (2026-07-19), Olympic Steel's current share price is $47.86. Olympic Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was $179.55. Olympic Steel's Cyclically Adjusted PS Ratio for today is 0.27.

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

ZEUS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.19   Max: 0.42
Current: 0.27

During the past years, Olympic Steel's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.06. And the median was 0.19.

ZEUS's Cyclically Adjusted PS Ratio is not ranked
in the Steel industry.
Industry Median: 0.45 vs ZEUS: 0.27

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.

Olympic Steel's adjusted revenue per share data for the three months ended in Sep. 2025 was $41.712. 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 $179.55 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olympic Steel  (NAS:ZEUS) 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.


Olympic Steel Cyclically Adjusted PS Ratio Related Terms


Olympic Steel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Olympic Steel'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.

Olympic Steel Cyclically Adjusted PS Ratio Chart

Olympic Steel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.16 0.21 0.39 0.19

Olympic Steel Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.22 0.19 0.18 0.18 0.17

ZEUS vs MSB, NWPX, MTUS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Olympic Steel'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.


Olympic Steel Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Olympic Steel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ZEUS
58GF Score
Olympic Steel Inc ZEUS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Olympic Steel 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.

Olympic Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.86/179.55
=0.27

* 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.

Olympic Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Olympic Steel's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=41.712/324.8000*324.8000
=41.712

Current CPI (Sep. 2025) = 324.8000.

Olympic Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 21.267 236.525 29.204
201603 23.104 238.132 31.513
201606 24.394 241.018 32.874
201609 23.911 241.428 32.168
201612 22.715 241.432 30.559
201703 29.457 243.801 39.244
201706 31.273 244.955 41.467
201709 29.110 246.819 38.307
201712 27.099 246.524 35.703
201803 32.895 249.554 42.814
201806 39.608 251.989 51.053
201809 39.925 252.439 51.369
201812 37.424 251.233 48.383
201903 38.816 254.202 49.596
201906 37.595 256.143 47.672
201909 33.645 256.759 42.561
201912 27.905 256.974 35.270
202003 30.926 258.115 38.916
202006 21.693 257.797 27.331
202009 26.189 260.280 32.681
202012 28.964 260.474 36.117
202103 40.286 264.877 49.400
202106 48.338 271.696 57.786
202109 58.052 274.310 68.737
202112 54.335 278.802 63.299
202203 60.221 287.504 68.033
202206 61.427 296.311 67.333
202209 54.896 296.808 60.073
202212 44.862 296.797 49.095
202303 49.527 301.836 53.295
202306 49.194 305.109 52.369
202309 45.412 307.789 47.922
202312 42.194 306.746 44.677
202403 45.155 312.332 46.958
202406 45.125 314.175 46.651
202409 40.188 315.301 41.399
202412 35.827 315.605 36.871
202503 41.935 319.799 42.591
202506 42.204 322.561 42.497
202509 41.712 324.800 41.712

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 0.27 mean?
Olympic Steel (ZEUS) has a Cyclically Adjusted PS Ratio of 0.27 as of Jul. 19, 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 Olympic Steel and its competitors. This is 42% above median its historical median of 0.19. Over the past decade, Olympic Steel's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.42.
Is Olympic Steel's Cyclically Adjusted PS Ratio too high?
Olympic Steel's current Cyclically Adjusted PS Ratio of 0.27 is 42% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.42. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Olympic Steel's value of 0.27 is 40% below this industry median. Overall, Olympic Steel has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Olympic Steel's Cyclically Adjusted PS Ratio compare to MSB and NWPX?
Olympic Steel's Cyclically Adjusted PS Ratio of 0.27 can be compared against companies in the Steel industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Olympic Steel's value of 0.27 is 40% below this benchmark. Historically, Olympic Steel's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.42 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.45, Olympic Steel 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Olympic Steel's current Cyclically Adjusted PS Ratio of 0.27 is 40% 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 Olympic Steel and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olympic Steel's current Cyclically Adjusted PS Ratio is 0.27, which is 42% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Steel stock overvalued right now?
Olympic Steel (ZEUS) has a current Cyclically Adjusted PS Ratio of 0.27. The stock's GF Value™ is $36.41, compared to a current price of $47.86 — trading 31.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is 42% above median its 10-year median of 0.19 and 40% below the Steel industry median of 0.45. Olympic Steel's overall GF Score™ is 58/100 with 8 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 Olympic Steel (ZEUS), the current Cyclically Adjusted PS Ratio is 0.27 as of Jul. 19, 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 Olympic Steel (ZEUS) Overvalued in 2026?

Based on GuruFocus' analysis, Olympic Steel stock appears to be overvalued. The current stock price of $47.86 is trading 31.4% above its estimated GF Value™ of $36.41.

Key valuation signals for ZEUS:

  • Cyclically Adjusted PS Ratio: 0.27 (42% above median its 10-year median of 0.19)
  • GF Value™: $36.41 vs. price of $47.86 (31.4% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 40% below the Steel median

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


Olympic Steel Business Description

Address 22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
58GF Score

Get the complete analysis for ZEUS

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

$47.86
Price
$36.41
GF Value