SPWH (Sportsman's Warehouse Holdings) Cyclically Adjusted Revenue per Share: $32.99 (As of Apr. 2026)


SPWH Sportsman's Warehouse Holdings Inc SPWH
49 GF Score
Price $1.28
GF Value $2.64
Valuation Possible Value Trap
! 7 Warning Signs
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What is Sportsman's Warehouse Holdings Cyclically Adjusted Revenue per Share?

Sportsman's Warehouse Holdings SPWH -1.92% 49 Cyclically Adjusted Revenue per Share is $32.99 as of Apr. 2026. GuruFocus rates SPWH with a GF Score™ of 49/100 and a GF Value™ of $2.64 (Possible Value Trap). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Sportsman's Warehouse Holdings's adjusted revenue per share for the three months ended in Apr. 2026 was $6.606. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $32.99 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Sportsman's Warehouse Holdings's average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Sportsman's Warehouse Holdings was 6.80% per year. The lowest was 6.80% per year. And the median was 6.80% per year.

As of today (2026-07-02), Sportsman's Warehouse Holdings's current stock price is $1.275. Sportsman's Warehouse Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $32.99. Sportsman's Warehouse Holdings's Cyclically Adjusted PS Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sportsman's Warehouse Holdings was 0.43. The lowest was 0.03. And the median was 0.11.


Sportsman's Warehouse Holdings  (NAS:SPWH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Sportsman's Warehouse Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.275/32.99
=0.04

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sportsman's Warehouse Holdings was 0.43. The lowest was 0.03. And the median was 0.11.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Sportsman's Warehouse Holdings Cyclically Adjusted Revenue per Share Related Terms


Sportsman's Warehouse Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Sportsman's Warehouse Holdings's Cyclically Adjusted Revenue per Share 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.

Sportsman's Warehouse Holdings Cyclically Adjusted Revenue per Share Chart

Sportsman's Warehouse Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 26.35 28.58 30.48 32.07

Sportsman's Warehouse Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted Revenue per Share 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 30.98 31.43 31.83 32.07 32.99

SPWH vs NPT, ABLV, PTLE: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Retail subindustry, Sportsman's Warehouse Holdings'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.


Sportsman's Warehouse Holdings Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


SPWH
49GF Score
Sportsman's Warehouse Holdings Inc SPWH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sportsman's Warehouse Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Sportsman's Warehouse Holdings'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)
=6.606/333.0200*333.0200
=6.606

Current CPI (Apr. 2026) = 333.0200.

Sportsman's Warehouse Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 4.467 240.628 6.182
201610 5.103 241.729 7.030
201701 5.203 242.839 7.135
201704 3.711 244.524 5.054
201707 4.497 244.786 6.118
201710 5.119 246.663 6.911
201801 5.709 247.867 7.670
201804 4.214 250.546 5.601
201807 4.736 252.006 6.259
201810 5.177 252.885 6.818
201901 5.630 251.712 7.449
201904 4.047 255.548 5.274
201907 4.907 256.571 6.369
201910 5.566 257.346 7.203
202001 5.814 257.971 7.505
202004 5.697 256.389 7.400
202007 8.587 259.101 11.037
202010 8.667 260.388 11.085
202101 9.751 261.582 12.414
202104 7.346 267.054 9.161
202107 8.091 273.003 9.870
202110 8.995 276.589 10.830
202201 9.301 281.148 11.017
202204 6.999 289.109 8.062
202207 8.319 296.276 9.351
202210 9.300 298.012 10.392
202301 10.018 299.170 11.152
202304 7.113 303.363 7.808
202307 8.254 305.691 8.992
202310 9.108 307.671 9.858
202401 9.889 308.417 10.678
202404 6.501 313.548 6.905
202407 7.648 314.540 8.097
202410 8.563 315.664 9.034
202501 8.947 317.671 9.379
202504 6.531 320.795 6.780
202507 7.658 323.048 7.894
202510 8.462 0.000
202601 8.683 325.252 8.890
202604 6.606 333.020 6.606

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $32.99 mean?
Sportsman's Warehouse Holdings (SPWH) has a Cyclically Adjusted Revenue per Share of $32.99 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sportsman's Warehouse Holdings and its competitors.
Is Sportsman's Warehouse Holdings' Cyclically Adjusted Revenue per Share too high?
Sportsman's Warehouse Holdings' current Cyclically Adjusted Revenue per Share is $32.99. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' Cyclically Adjusted Revenue per Share compare to NPT and ABLV?
Sportsman's Warehouse Holdings' Cyclically Adjusted Revenue per Share of $32.99 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sportsman's Warehouse Holdings and its competitors. Sportsman's Warehouse Holdings's current Cyclically Adjusted Revenue per Share is $32.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportsman's Warehouse Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings (SPWH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.64, compared to a current price of $1.28 — trading 51.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $32.99. Sportsman's Warehouse Holdings' overall GF Score™ is 49/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Sportsman's Warehouse Holdings (SPWH), the current Cyclically Adjusted Revenue per Share is $32.99 as of Apr. 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 Sportsman's Warehouse Holdings (SPWH) Overvalued in 2026?

Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued. The current stock price of $1.28 is trading 51.7% below its estimated GF Value™ of $2.64. GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.

Key valuation signals for SPWH:

  • Cyclically Adjusted Revenue per Share: $32.99
  • GF Value™: $2.64 vs. price of $1.28 (51.7% below fair value)
  • GF Score™: 49/100 with 7 warning signs

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


Sportsman's Warehouse Holdings Business Description

Other Exchanges 0A8T:UK06S:Germany
Address 1475 West 9000 South, Suite A, West Jordan, UT, USA, 84088
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others. The company also offers an e-commerce experience, extensive in-store events and educational programming.
49GF Score

Get the complete analysis for SPWH

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

$1.28
Price
$2.64
GF Value