ZUMZ (Zumiez) Cyclically Adjusted PS Ratio: 0.38 (As of Aug. 04, 2026) — 49% Below Median

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ZUMZ Zumiez Inc ZUMZ
74 GF Score
Price $19.94
GF Value $22.50
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zumiez Cyclically Adjusted PS Ratio?

Zumiez ZUMZ -2.59% 74 Cyclically Adjusted PS Ratio is 0.38 as of Aug. 04, 2026, which is 49% below its 10-year median of 0.74. GuruFocus rates ZUMZ with a GF Score™ of 74/100 and a GF Value™ of $22.50 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 793 Retail - Cyclical companies, Zumiez ranks better than 58.26% on this metric.

As of today (2026-08-04), Zumiez's current share price is $19.94. Zumiez's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $52.22. Zumiez's Cyclically Adjusted PS Ratio for today is 0.38.

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

ZUMZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.74   Max: 1.46
Current: 0.39

During the past years, Zumiez's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 0.24. And the median was 0.74.

ZUMZ's Cyclically Adjusted PS Ratio is ranked better than
58.26% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs ZUMZ: 0.39

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.

Zumiez's adjusted revenue per share data for the three months ended in Apr. 2026 was $11.931. 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 $52.22 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zumiez  (NAS:ZUMZ) 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.


Zumiez Cyclically Adjusted PS Ratio Related Terms


Zumiez Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zumiez'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.

Zumiez Cyclically Adjusted PS Ratio Chart

Zumiez Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.60 0.37 0.33 0.48

Zumiez Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.24 0.28 0.43 0.48 0.47

ZUMZ vs LE, JILL, CURV: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Zumiez'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.


Zumiez Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


ZUMZ
74GF Score
Zumiez Inc ZUMZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zumiez 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.94/52.22
=0.38

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=11.931/333.0200*333.0200
=11.931

Current CPI (Apr. 2026) = 333.0200.

Zumiez Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 7.214 240.628 9.984
201610 8.992 241.729 12.388
201701 10.679 242.839 14.645
201704 7.370 244.524 10.037
201707 7.787 244.786 10.594
201710 9.908 246.663 13.377
201801 12.341 247.867 16.581
201804 8.308 250.546 11.043
201807 8.693 252.006 11.488
201810 9.849 252.885 12.970
201901 12.092 251.712 15.998
201904 8.399 255.548 10.945
201907 8.992 256.571 11.671
201910 10.329 257.346 13.366
202001 12.792 257.971 16.513
202004 5.502 256.389 7.146
202007 9.965 259.101 12.808
202010 10.744 260.388 13.741
202101 12.861 261.582 16.373
202104 10.869 267.054 13.554
202107 10.474 273.003 12.777
202110 11.753 276.589 14.151
202201 15.479 281.148 18.335
202204 11.298 289.109 13.014
202207 11.421 296.276 12.837
202210 12.344 298.012 13.794
202301 14.557 299.170 16.204
202304 9.527 303.363 10.458
202307 10.069 305.691 10.969
202310 11.194 307.671 12.116
202401 14.583 308.417 15.746
202404 9.113 313.548 9.679
202407 10.899 314.540 11.539
202410 11.783 315.664 12.431
202501 15.121 317.671 15.852
202504 10.176 320.795 10.564
202507 12.832 323.048 13.228
202510 14.360 0.000
202601 16.196 325.252 16.583
202604 11.931 333.020 11.931

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 0.38 mean?
Zumiez (ZUMZ) has a Cyclically Adjusted PS Ratio of 0.38 as of Aug. 04, 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 Zumiez and its competitors. This is 49% below median its historical median of 0.74. Over the past decade, Zumiez's Cyclically Adjusted PS Ratio has ranged from 0.24 to 1.46. According to the industry distribution chart, Zumiez ranks #331 out of 793 companies in the Retail - Cyclical industry, placing it in the top 41.7%.
Is Zumiez's Cyclically Adjusted PS Ratio too high?
Zumiez's current Cyclically Adjusted PS Ratio of 0.38 is 49% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.46. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Zumiez's value of 0.38 is 22.4% below this industry median. Based on the distribution chart, Zumiez ranks #331 out of 793 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Zumiez has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zumiez's Cyclically Adjusted PS Ratio compare to LE and JILL?
According to the Retail - Cyclical industry distribution chart, Zumiez ranks #331 out of 793 companies for Cyclically Adjusted PS Ratio. This puts Zumiez in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Zumiez's value of 0.38 is 22.4% below this benchmark. Historically, Zumiez's own Cyclically Adjusted PS Ratio has ranged from 0.24 to 1.46 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.49, Zumiez 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 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. Zumiez's current Cyclically Adjusted PS Ratio of 0.38 is 22.4% 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 Zumiez and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zumiez's current Cyclically Adjusted PS Ratio is 0.38, which is 49% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zumiez stock overvalued right now?
Based on GuruFocus' analysis, Zumiez (ZUMZ) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.50, compared to a current price of $19.94 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.38, which is 49% below median its 10-year median of 0.74 and 22.4% below the Retail - Cyclical industry median of 0.49. Zumiez's overall GF Score™ is 74/100 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 Zumiez (ZUMZ), the current Cyclically Adjusted PS Ratio is 0.38 as of Aug. 04, 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 Zumiez (ZUMZ) Overvalued in 2026?

Based on GuruFocus' analysis, Zumiez stock appears to be undervalued. The current stock price of $19.94 is trading 11.4% below its estimated GF Value™ of $22.50. GuruFocus considers Zumiez to be Modestly Undervalued.

Key valuation signals for ZUMZ:

  • Cyclically Adjusted PS Ratio: 0.38 (49% below median its 10-year median of 0.74)
  • GF Value™: $22.50 vs. price of $19.94 (11.4% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 22.4% below the Retail - Cyclical median (#331 of 793)

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


Zumiez Business Description

Other Exchanges ZM3:Germany
Address 4001 204th Street South West, Lynnwood, WA, USA, 98036
Zumiez Inc is a United States-based specialty retailer engaged in the sale of apparel, footwear, accessories, and hard goods. The company provides merchandise with cultural elements coming from fashion, music, art, action sports, streetwear, and other lifestyles. The company operates under the brands Zumiez, Fast Times, and Blue Tomato, and through both physical stores and websites. The majority of the company's stores are located in the U.S., with the rest in Canada, Australia, and Europe. The U.S. market contributes to the majority of the company's revenue.
74GF Score

Get the complete analysis for ZUMZ

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

$19.94
Price
$22.50
GF Value