REF (Reformation) EV-to-Revenue: 2.41 (As of Sep. 18, 2026) — Near Median

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REF Reformation Inc REF
16 GF Score
Price $14.63
! 4 Warning Signs
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What is Reformation EV-to-Revenue?

Reformation REF -4.44% 16 EV-to-Revenue is 2.41 as of Sep. 18, 2026, which is 5% above its 10-year median of 2.29. GuruFocus rates REF with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 1,127 Retail - Cyclical companies, Reformation ranks worse than 90.59% on this metric.

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Reformation's enterprise value is $1,223.0 Mil. Reformation's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was $507.1 Mil. Therefore, Reformation's EV-to-Revenue for today is 2.41.

The historical rank and industry rank for Reformation's EV-to-Revenue or its related term are showing as below:

REF' s EV-to-Revenue Range Over the Past 10 Years
Min: 2.14   Med: 2.29   Max: 2.43
Current: 4.57

During the past 3 years, the highest EV-to-Revenue of Reformation was 2.43. The lowest was 2.14. And the median was 2.29.

REF's EV-to-Revenue is ranked worse than
90.59% of 1127 companies
in the Retail - Cyclical industry
Industry Median: 0.83 vs REF: 4.57

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2026-09-18), Reformation's stock price is $14.63. Reformation's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $8.58. Therefore, Reformation's PS Ratio for today is 1.70.


Reformation  (NYSE:REF) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Reformation's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=14.63/8.584
=1.70

Reformation's share price for today is $14.63.
Reformation's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.58.

* 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.


Reformation EV-to-Revenue Related Terms


Reformation EV-to-Revenue Historical Data

* Premium members only.

The historical data trend for Reformation's EV-to-Revenue 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.

Reformation EV-to-Revenue Chart

Reformation Annual Data
Trend Dec23 Dec24 Dec25
EV-to-Revenue
0.00 0.00 0.00

Reformation Quarterly Data
Mar25 Jun25 Mar26 Jun26
EV-to-Revenue 0.00 0.00 0.00 0.00

REF vs CTRN, CRI, SFIX: EV-to-Revenue Comparison

For the Apparel Retail subindustry, Reformation's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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.


Reformation EV-to-Revenue vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Reformation's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Reformation's EV-to-Revenue falls into.


REF
16GF Score
Reformation Inc REF
EV-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reformation EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Reformation's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1222.977/507.104
=2.41

Reformation's current Enterprise Value is $1,223.0 Mil.
Reformation's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $507.1 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-Revenue →
What does a EV-to-Revenue of 2.41 mean?
Reformation (REF) has a EV-to-Revenue of 2.41 as of Sep. 18, 2026. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on Reformation and its competitors. This is near median its historical median of 2.29. Over the past decade, Reformation's EV-to-Revenue has ranged from 2.14 to 2.43. According to the industry distribution chart, Reformation ranks #1021 out of 1127 companies in the Retail - Cyclical industry, placing it in the top 90.6%.
Is Reformation's EV-to-Revenue too high?
Reformation's current EV-to-Revenue of 2.41 is near median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 2.43. The Retail - Cyclical industry median EV-to-Revenue is 0.83. Reformation's value of 2.41 is 190.4% above this industry median. Based on the distribution chart, Reformation ranks #1021 out of 1127 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Reformation has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Reformation's EV-to-Revenue compare to CTRN and CRI?
According to the Retail - Cyclical industry distribution chart, Reformation ranks #1021 out of 1127 companies for EV-to-Revenue. This places Reformation in the lower half of its industry. The industry median EV-to-Revenue is 0.83. Reformation's value of 2.41 is 190.4% above this benchmark. Historically, Reformation's own EV-to-Revenue has ranged from 2.14 to 2.43 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 0.83, Reformation has consistently been above 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 EV-to-Revenue for a Retail - Cyclical company?
The median EV-to-Revenue among Retail - Cyclical companies is 0.83, based on 1,127 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-Revenue significantly above this median, while those in the bottom quartile fall well below. However, EV-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reformation's current EV-to-Revenue of 2.41 is 190.4% above 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 EV-to-Revenue mean?
A high EV-to-Revenue can signal that a stock is expensive relative to its fundamentals. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on Reformation and its competitors. For the Retail - Cyclical industry, the median EV-to-Revenue is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reformation's current EV-to-Revenue is 2.41, which is near median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reformation stock overvalued right now?
Reformation (REF) has a current EV-to-Revenue of 2.41. The current EV-to-Revenue is 2.41, which is near median its 10-year median of 2.29 and 190.4% above the Retail - Cyclical industry median of 0.83. Reformation's overall GF Score™ is 16/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-Revenue calculated?
EV-to-Revenue is calculated from a company's financial statements. For Reformation (REF), the current EV-to-Revenue is 2.41 as of Sep. 18, 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.

Reformation Business Description

Address 5801 S. 2nd Street, Vernon, CA, USA, 90058
Reformation Inc sells apparel and accessories through its website, company-owned retail stores, wholesale channels, and other distribution channels in the United States and internationally. Its product portfolio includes dresses, bottoms, tops, sweaters, and accessories. The company focuses on womenswear and sources materials and products through its supply chain operations. The majority of the company's revenue was derived from the sale of its apparel and accessories, including clothing, shoes, and bags, through e-commerce and retail. Geographically, the maximum revenue is generated from the United States.
16GF Score

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EV-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.63
Price