TTSH (Tile Shop Holdings) Cyclically Adjusted Revenue per Share: $8.51 (As of Dec. 2025)

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TTSH Tile Shop Holdings Inc TTSH
54 GF Score
Price $2.85
GF Value $5.96
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Tile Shop Holdings Cyclically Adjusted Revenue per Share?

Tile Shop Holdings TTSH -3.39% 54 Cyclically Adjusted Revenue per Share is $8.51 as of Dec. 2025. GuruFocus rates TTSH with a GF Score™ of 54/100 and a GF Value™ of $5.96 (Possible Value Trap). The stock has 5 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.

Tile Shop Holdings's adjusted revenue per share for the three months ended in Dec. 2025 was $1.797. 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 $8.51 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Tile Shop Holdings's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% 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 Tile Shop Holdings was 8.10% per year. The lowest was 4.70% per year. And the median was 6.60% per year.

As of today (2026-08-10), Tile Shop Holdings's current stock price is $2.85. Tile Shop Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was $8.51. Tile Shop Holdings's Cyclically Adjusted PS Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tile Shop Holdings was 1.31. The lowest was 0.33. And the median was 0.76.


Tile Shop Holdings  (OTCPK:TTSH) 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.

Tile Shop Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.85/8.51
=0.33

* 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 Tile Shop Holdings was 1.31. The lowest was 0.33. And the median was 0.76.


Be Aware

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


Tile Shop Holdings Cyclically Adjusted Revenue per Share Related Terms


Tile Shop Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Tile Shop 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.

Tile Shop Holdings Cyclically Adjusted Revenue per Share Chart

Tile Shop Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.84 7.42 7.94 8.29 8.51

Tile Shop Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 8.29 8.41 8.48 8.54 8.51

TTSH vs LIVE, HVT, HD: Cyclically Adjusted Revenue per Share Comparison

For the Home Improvement Retail subindustry, Tile Shop 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.


Tile Shop Holdings Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


TTSH
54GF Score
Tile Shop Holdings Inc TTSH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tile Shop 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, Tile Shop Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.797/324.0540*324.0540
=1.797

Current CPI (Dec. 2025) = 324.0540.

Tile Shop Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1.640 238.132 2.232
201606 1.623 241.018 2.182
201609 1.513 241.428 2.031
201612 1.471 241.432 1.974
201703 1.767 243.801 2.349
201706 1.713 244.955 2.266
201709 1.622 246.819 2.130
201712 1.515 246.524 1.991
201803 1.756 249.554 2.280
201806 1.786 251.989 2.297
201809 1.707 252.439 2.191
201812 1.609 251.233 2.075
201903 1.670 254.202 2.129
201906 1.743 256.143 2.205
201909 1.727 256.759 2.180
201912 1.578 256.974 1.990
202003 1.892 258.115 2.375
202006 1.357 257.797 1.706
202009 1.608 260.280 2.002
202012 1.588 260.474 1.976
202103 1.804 264.877 2.207
202106 1.874 271.696 2.235
202109 1.795 274.310 2.121
202112 1.764 278.802 2.050
202203 2.003 287.504 2.258
202206 2.099 296.311 2.296
202209 1.916 296.808 2.092
202212 1.999 296.797 2.183
202303 2.345 301.836 2.518
202306 2.265 305.109 2.406
202309 2.106 307.789 2.217
202312 1.928 306.746 2.037
202403 2.098 312.332 2.177
202406 2.088 314.175 2.154
202409 1.925 315.301 1.978
202412 1.803 315.605 1.851
202503 2.003 319.799 2.030
202506 2.011 322.561 2.020
202509 1.889 324.800 1.885
202512 1.797 324.054 1.797

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 $8.51 mean?
Tile Shop Holdings (TTSH) has a Cyclically Adjusted Revenue per Share of $8.51 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tile Shop Holdings and its competitors.
Is Tile Shop Holdings' Cyclically Adjusted Revenue per Share too high?
Tile Shop Holdings' current Cyclically Adjusted Revenue per Share is $8.51. Overall, Tile Shop Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tile Shop Holdings' Cyclically Adjusted Revenue per Share compare to LIVE and HVT?
Tile Shop Holdings' Cyclically Adjusted Revenue per Share of $8.51 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 Tile Shop Holdings and its competitors. Tile Shop Holdings's current Cyclically Adjusted Revenue per Share is $8.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tile Shop Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tile Shop Holdings (TTSH) is currently considered Possible Value Trap. The stock's GF Value™ is $5.96, compared to a current price of $2.85 — trading 52.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $8.51. Tile Shop Holdings' overall GF Score™ is 54/100 with 5 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 Tile Shop Holdings (TTSH), the current Cyclically Adjusted Revenue per Share is $8.51 as of Dec. 2025. 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 Tile Shop Holdings (TTSH) Overvalued in 2026?

Based on GuruFocus' analysis, Tile Shop Holdings stock appears to be undervalued. The current stock price of $2.85 is trading 52.2% below its estimated GF Value™ of $5.96. GuruFocus considers Tile Shop Holdings to be Possible Value Trap.

Key valuation signals for TTSH:

  • Cyclically Adjusted Revenue per Share: $8.51
  • GF Value™: $5.96 vs. price of $2.85 (52.2% below fair value)
  • GF Score™: 54/100 with 5 warning signs

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


Tile Shop Holdings Business Description

Address 14000 Carlson Parkway, Plymouth, MN, USA, 55441
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The company earns majority of their revenue in the United States.
54GF Score

Get the complete analysis for TTSH

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

$2.85
Price
$5.96
GF Value