FLXS (Flexsteel Industries) Cyclically Adjusted PS Ratio: 0.93 (As of Jul. 16, 2026) — 98% Above Median

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FLXS Flexsteel Industries Inc FLXS
63 GF Score
Price $74.68
GF Value $38.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Flexsteel Industries Cyclically Adjusted PS Ratio?

Flexsteel Industries FLXS +3.38% 63 Cyclically Adjusted PS Ratio is 0.93 as of Jul. 16, 2026, which is 98% above its 10-year median of 0.47. GuruFocus rates FLXS with a GF Score™ of 63/100 and a GF Value™ of $38.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Flexsteel Industries ranks worse than 59.17% on this metric.

As of today (2026-07-16), Flexsteel Industries's current share price is $74.6827. Flexsteel Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $79.94. Flexsteel Industries's Cyclically Adjusted PS Ratio for today is 0.93.

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

FLXS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.47   Max: 1.04
Current: 0.9

During the past years, Flexsteel Industries's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.14. And the median was 0.47.

FLXS's Cyclically Adjusted PS Ratio is ranked worse than
59.17% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.7 vs FLXS: 0.90

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.

Flexsteel Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was $20.326. 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 $79.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flexsteel Industries  (NAS:FLXS) 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.


Flexsteel Industries Cyclically Adjusted PS Ratio Related Terms


Flexsteel Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Flexsteel Industries'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.

Flexsteel Industries Cyclically Adjusted PS Ratio Chart

Flexsteel Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.25 0.26 0.40 0.46

Flexsteel Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.47 0.46 0.59 0.50 0.56

FLXS vs HBB, LOVE, COOK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries'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.


Flexsteel Industries Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FLXS
63GF Score
Flexsteel Industries Inc FLXS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flexsteel Industries 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.

Flexsteel Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.6827/79.94
=0.93

* 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.

Flexsteel Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=20.326/330.2130*330.2130
=20.326

Current CPI (Mar. 2026) = 330.2130.

Flexsteel Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 15.847 241.018 21.712
201609 14.296 241.428 19.553
201612 14.992 241.432 20.505
201703 15.242 243.801 20.644
201706 14.813 244.955 19.969
201709 15.098 246.819 20.199
201712 16.302 246.524 21.836
201803 15.998 249.554 21.169
201806 14.336 251.989 18.786
201809 14.327 252.439 18.741
201812 14.949 251.233 19.649
201903 14.134 254.202 18.360
201906 12.678 256.143 16.344
201909 12.253 256.759 15.758
201912 12.959 256.974 16.652
202003 12.407 258.115 15.873
202006 8.143 257.797 10.430
202009 13.308 260.280 16.884
202012 15.891 260.474 20.146
202103 16.287 264.877 20.304
202106 18.863 271.696 22.926
202109 19.420 274.310 23.378
202112 21.201 278.802 25.110
202203 21.621 287.504 24.833
202206 22.697 296.311 25.294
202209 17.502 296.808 19.472
202212 17.445 296.797 19.409
202303 18.507 301.836 20.247
202306 20.122 305.109 21.778
202309 17.601 307.789 18.883
202312 18.803 306.746 20.241
202403 19.680 312.332 20.807
202406 18.957 314.175 19.925
202409 18.653 315.301 19.535
202412 19.434 315.605 20.334
202503 21.622 319.799 22.326
202506 19.115 322.561 19.568
202509 19.728 324.800 20.057
202512 20.992 324.054 21.391
202603 20.326 330.213 20.326

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 0.93 mean?
Flexsteel Industries (FLXS) has a Cyclically Adjusted PS Ratio of 0.93 as of Jul. 16, 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 Flexsteel Industries and its competitors. This is 98% above median its historical median of 0.47. Over the past decade, Flexsteel Industries' Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.04. According to the industry distribution chart, Flexsteel Industries ranks #200 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 59.2%.
Is Flexsteel Industries' Cyclically Adjusted PS Ratio too high?
Flexsteel Industries' current Cyclically Adjusted PS Ratio of 0.93 is 98% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.04. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.70. Flexsteel Industries' value of 0.93 is 32.9% above this industry median. Based on the distribution chart, Flexsteel Industries ranks #200 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Flexsteel Industries has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flexsteel Industries' Cyclically Adjusted PS Ratio compare to HBB and LOVE?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Flexsteel Industries ranks #200 out of 338 companies for Cyclically Adjusted PS Ratio. This places Flexsteel Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Flexsteel Industries' value of 0.93 is 32.9% above this benchmark. Historically, Flexsteel Industries' own Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.04 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.70, Flexsteel Industries 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 Cyclically Adjusted PS Ratio for a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.70, based on 338 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. Flexsteel Industries's current Cyclically Adjusted PS Ratio of 0.93 is 32.9% 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 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 Flexsteel Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexsteel Industries's current Cyclically Adjusted PS Ratio is 0.93, which is 98% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexsteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Flexsteel Industries (FLXS) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.00, compared to a current price of $74.68 — trading 96.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is 98% above median its 10-year median of 0.47 and 32.9% above the Furnishings, Fixtures & Appliances industry median of 0.70. Flexsteel Industries' overall GF Score™ is 63/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Flexsteel Industries (FLXS), the current Cyclically Adjusted PS Ratio is 0.93 as of Jul. 16, 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 Flexsteel Industries (FLXS) Overvalued in 2026?

Based on GuruFocus' analysis, Flexsteel Industries stock appears to be overvalued. The current stock price of $74.68 is trading 96.5% above its estimated GF Value™ of $38.00. GuruFocus considers Flexsteel Industries to be Significantly Overvalued.

Key valuation signals for FLXS:

  • Cyclically Adjusted PS Ratio: 0.93 (98% above median its 10-year median of 0.47)
  • GF Value™: $38.00 vs. price of $74.68 (96.5% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 32.9% above the Furnishings, Fixtures & Appliances median (#200 of 338)

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


Flexsteel Industries Business Description

Other Exchanges FX3:Germany
Address 385 Bell Street, Dubuque, IA, USA, 52001-0877
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. Its product offerings include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential markets.
63GF Score

Get the complete analysis for FLXS

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

$74.68
Price
$38.00
GF Value