Flexsteel Industries (FRA:FX3) Cyclically Adjusted PS Ratio: 0.92 (As of Jul. 19, 2026) — 96% Above Median

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FRA:FX3 Flexsteel Industries Inc FRA:FX3
50 GF Score
Price €63.00
GF Value €32.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Flexsteel Industries Cyclically Adjusted PS Ratio?

Flexsteel Industries FRA:FX3 +0.80% 50 Cyclically Adjusted PS Ratio is 0.92 as of Jul. 19, 2026, which is 96% above its 10-year median of 0.47. GuruFocus rates FRA:FX3 with a GF Score™ of 50/100 and a GF Value™ of €32.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Flexsteel Industries ranks worse than 58.88% on this metric.

As of today (2026-07-19), Flexsteel Industries's current share price is €63.00. Flexsteel Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €68.31. Flexsteel Industries's Cyclically Adjusted PS Ratio for today is 0.92.

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

FRA:FX3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.47   Max: 1.04
Current: 0.91

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.

FRA:FX3's Cyclically Adjusted PS Ratio is ranked worse than
58.88% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.675 vs FRA:FX3: 0.91

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 €17.582. 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 €68.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flexsteel Industries  (FRA:FX3) 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

FRA:FX3 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.


FRA:FX3
50GF Score
Flexsteel Industries Inc FRA:FX3
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
=63.00/68.31
=0.92

* 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)
=17.582/330.2130*330.2130
=17.582

Current CPI (Mar. 2026) = 330.2130.

Flexsteel Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.104 241.018 19.324
201609 12.738 241.428 17.422
201612 14.213 241.432 19.440
201703 14.252 243.801 19.303
201706 13.183 244.955 17.771
201709 12.667 246.819 16.947
201712 13.775 246.524 18.451
201803 12.974 249.554 17.167
201806 12.271 251.989 16.080
201809 12.279 252.439 16.062
201812 13.140 251.233 17.271
201903 12.508 254.202 16.248
201906 11.220 256.143 14.465
201909 11.125 256.759 14.308
201912 11.663 256.974 14.987
202003 11.228 258.115 14.364
202006 7.231 257.797 9.262
202009 11.298 260.280 14.334
202012 13.063 260.474 16.560
202103 13.681 264.877 17.056
202106 15.656 271.696 19.028
202109 16.507 274.310 19.871
202112 18.763 278.802 22.223
202203 19.632 287.504 22.548
202206 21.472 296.311 23.929
202209 17.677 296.808 19.667
202212 16.468 296.797 18.322
202303 17.286 301.836 18.911
202306 18.572 305.109 20.100
202309 16.492 307.789 17.694
202312 17.242 306.746 18.561
202403 18.106 312.332 19.143
202406 17.611 314.175 18.510
202409 16.806 315.301 17.601
202412 18.560 315.605 19.419
202503 20.001 319.799 20.652
202506 16.572 322.561 16.965
202509 16.809 324.800 17.089
202512 17.927 324.054 18.268
202603 17.582 330.213 17.582

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 0.92 mean?
Flexsteel Industries (FRA:FX3) has a Cyclically Adjusted PS Ratio of 0.92 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 Flexsteel Industries and its competitors. This is 96% 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 #199 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 58.9%.
Is Flexsteel Industries' Cyclically Adjusted PS Ratio too high?
Flexsteel Industries' current Cyclically Adjusted PS Ratio of 0.92 is 96% 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 0.68. Flexsteel Industries' value of 0.92 is 36.3% above this industry median. Based on the distribution chart, Flexsteel Industries ranks #199 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Flexsteel Industries has a GF Score™ of 50/100 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 #199 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 0.68. Flexsteel Industries' value of 0.92 is 36.3% 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 0.68, 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 0.68, 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 0.92 is 36.3% 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 0.68 — 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 0.92, which is 96% 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 (FRA:FX3) is currently considered Significantly Overvalued. The stock's GF Value™ is €32.80, compared to a current price of €63.00 — trading 92.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.92, which is 96% above median its 10-year median of 0.47 and 36.3% above the Furnishings, Fixtures & Appliances industry median of 0.68. Flexsteel Industries' overall GF Score™ is 50/100 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 (FRA:FX3), the current Cyclically Adjusted PS Ratio is 0.92 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 Flexsteel Industries (FRA:FX3) Overvalued in 2026?

Based on GuruFocus' analysis, Flexsteel Industries stock appears to be overvalued. The current stock price of €63.00 is trading 92.1% above its estimated GF Value™ of €32.80. GuruFocus considers Flexsteel Industries to be Significantly Overvalued.

Key valuation signals for FRA:FX3:

  • Cyclically Adjusted PS Ratio: 0.92 (96% above median its 10-year median of 0.47)
  • GF Value™: €32.80 vs. price of €63.00 (92.1% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 36.3% above the Furnishings, Fixtures & Appliances median (#199 of 338)

No single metric tells the full story. See the FRA:FX3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flexsteel Industries Business Description

Other Exchanges FLXS:USA
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.
50GF Score

Get the complete analysis for FRA:FX3

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

€63.00
Price
€32.80
GF Value