LPP (FRA:1RY) Cyclically Adjusted PS Ratio: 2.23 (As of Jul. 19, 2026) — Near Median

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FRA:1RY LPP SA FRA:1RY
99 GF Score
Price €4,548.00
GF Value €4,820.57
! 1 Warning Sign
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What is LPP Cyclically Adjusted PS Ratio?

LPP FRA:1RY 99 Cyclically Adjusted PS Ratio is 2.23 as of Jul. 19, 2026, which is 8% below its 10-year median of 2.43. GuruFocus rates FRA:1RY with a GF Score™ of 99/100 and a GF Value™ of €4,820.57. The stock has 1 warning sign investors should review. Among 885 Manufacturing - Apparel & Accessories companies, LPP ranks worse than 83.16% on this metric.

As of today (2026-07-19), LPP's current share price is €4548.00. LPP's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €2,039.68. LPP's Cyclically Adjusted PS Ratio for today is 2.23.

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

FRA:1RY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.43   Max: 4.73
Current: 2.27

During the past years, LPP's highest Cyclically Adjusted PS Ratio was 4.73. The lowest was 1.57. And the median was 2.43.

FRA:1RY's Cyclically Adjusted PS Ratio is ranked worse than
83.16% of 885 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.63 vs FRA:1RY: 2.27

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.

LPP's adjusted revenue per share data for the three months ended in Apr. 2026 was €673.840. 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 €2,039.68 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LPP  (FRA:1RY) 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.


LPP Cyclically Adjusted PS Ratio Related Terms


LPP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for LPP'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.

LPP Cyclically Adjusted PS Ratio Chart

LPP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 3.83 1.83 2.44 2.21

LPP 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 2.00 2.11 2.20 2.30 2.48

FRA:1RY vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, LPP'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.


LPP Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LPP's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:1RY
99GF Score
LPP SA FRA:1RY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LPP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4548.00/2039.68
=2.23

* 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.

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

For example, LPP'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)
=673.84/163.3900*163.3900
=673.840

Current CPI (Apr. 2026) = 163.3900.

LPP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 187.949 99.552 308.471
201609 186.912 99.064 308.281
201612 232.749 100.366 378.901
201703 171.079 101.018 276.710
201706 213.113 101.180 344.143
201709 226.032 101.343 364.419
201712 267.798 102.564 426.616
201803 197.052 102.564 313.914
201806 255.439 103.378 403.724
201809 254.718 103.378 402.584
201812 295.690 103.785 465.508
201903 227.891 104.274 357.091
201906 275.777 105.983 425.155
201909 292.629 105.983 451.136
202001 0.000 108.099 0.000
202004 146.883 108.995 220.187
202007 265.354 109.158 397.189
202010 304.786 109.402 455.194
202101 258.471 110.948 380.642
202104 225.731 113.553 324.801
202107 371.429 114.449 530.263
202110 389.287 116.891 544.147
202201 422.236 121.368 568.432
202204 377.300 127.554 483.302
202207 539.457 132.357 665.943
202210 542.713 137.973 642.690
202301 502.351 142.613 575.538
202304 448.602 147.009 498.591
202307 563.684 146.683 627.887
202310 535.673 146.520 597.349
202401 595.816 148.311 656.394
202404 530.541 150.672 575.325
202407 616.665 153.114 658.053
202410 641.823 153.928 681.278
202501 697.970 156.207 730.066
202504 610.381 157.672 632.517
202507 683.938 157.998 707.281
202510 755.816 158.160 780.809
202601 792.517 161.810 800.256
202604 673.840 163.390 673.840

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 2.23 mean?
LPP (FRA:1RY) has a Cyclically Adjusted PS Ratio of 2.23 as of Jul. 19, 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 LPP and its competitors. This is near median its historical median of 2.43. Over the past decade, LPP's Cyclically Adjusted PS Ratio has ranged from 1.57 to 4.73. According to the industry distribution chart, LPP ranks #736 out of 885 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.2%.
Is LPP's Cyclically Adjusted PS Ratio too high?
LPP's current Cyclically Adjusted PS Ratio of 2.23 is near median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 4.73. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.63. LPP's value of 2.23 is 254% above this industry median. Based on the distribution chart, LPP ranks #736 out of 885 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, LPP has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does LPP's Cyclically Adjusted PS Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, LPP ranks #736 out of 885 companies for Cyclically Adjusted PS Ratio. This places LPP in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.63. LPP's value of 2.23 is 254% above this benchmark. Historically, LPP's own Cyclically Adjusted PS Ratio has ranged from 1.57 to 4.73 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 0.63, LPP 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.63, based on 885 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. LPP's current Cyclically Adjusted PS Ratio of 2.23 is 254% 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 LPP and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LPP's current Cyclically Adjusted PS Ratio is 2.23, which is near median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LPP stock overvalued right now?
LPP (FRA:1RY) has a current Cyclically Adjusted PS Ratio of 2.23. The stock's GF Value™ is €4,820.57, compared to a current price of €4,548.00 — trading 5.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.23, which is near median its 10-year median of 2.43 and 254% above the Manufacturing - Apparel & Accessories industry median of 0.63. LPP's overall GF Score™ is 99/100 with 1 warning sign 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 LPP (FRA:1RY), the current Cyclically Adjusted PS Ratio is 2.23 as of Jul. 19, 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 LPP (FRA:1RY) Overvalued in 2026?

Based on GuruFocus' analysis, LPP stock appears to be undervalued. The current stock price of €4,548.00 is trading 5.7% below its estimated GF Value™ of €4,820.57.

Key valuation signals for FRA:1RY:

  • Cyclically Adjusted PS Ratio: 2.23 (near median its 10-year median of 2.43)
  • GF Value™: €4,820.57 vs. price of €4,548.00 (5.7% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 254% above the Manufacturing - Apparel & Accessories median (#736 of 885)

No single metric tells the full story. See the FRA:1RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LPP Business Description

Other Exchanges LPP:Poland
Address ul. Lakowa 39/44, Gdansk, POL, 80-769
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.
99GF Score

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

€4,548.00
Price
€4,820.57
GF Value