La-Z-Boy (FRA:LAZ) Cyclically Adjusted PS Ratio: 0.82 (As of Aug. 13, 2026) — 13% Below Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:LAZ La-Z-Boy Inc FRA:LAZ
77 GF Score
Price €35.60
GF Value €33.77
Valuation Fairly Valued
! 9 Warning Signs
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What is La-Z-Boy Cyclically Adjusted PS Ratio?

La-Z-Boy FRA:LAZ -0.56% 77 Cyclically Adjusted PS Ratio is 0.82 as of Aug. 13, 2026, which is 13% below its 10-year median of 0.94. GuruFocus rates FRA:LAZ with a GF Score™ of 77/100 and a GF Value™ of €33.77 (Fairly Valued). The stock has 9 warning signs investors should review. Among 335 Furnishings, Fixtures & Appliances companies, La-Z-Boy ranks worse than 56.12% on this metric.

As of today (2026-08-13), La-Z-Boy's current share price is €35.60. La-Z-Boy's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €43.41. La-Z-Boy's Cyclically Adjusted PS Ratio for today is 0.82.

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

FRA:LAZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.94   Max: 1.42
Current: 0.81

During the past years, La-Z-Boy's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.55. And the median was 0.94.

FRA:LAZ's Cyclically Adjusted PS Ratio is ranked worse than
56.12% of 335 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.69 vs FRA:LAZ: 0.81

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.

La-Z-Boy's adjusted revenue per share data for the three months ended in Apr. 2026 was €11.954. 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 €43.41 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


La-Z-Boy  (FRA:LAZ) 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.


La-Z-Boy Cyclically Adjusted PS Ratio Related Terms


La-Z-Boy Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for La-Z-Boy'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.

La-Z-Boy Cyclically Adjusted PS Ratio Chart

La-Z-Boy Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.67 0.72 0.82 0.68

La-Z-Boy 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 0.82 0.74 0.64 0.74 0.68

FRA:LAZ vs LEG, MLKN, TILE: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy'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.


La-Z-Boy Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where La-Z-Boy's Cyclically Adjusted PS Ratio falls into.


FRA:LAZ
77GF Score
La-Z-Boy Inc FRA:LAZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

La-Z-Boy 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.

La-Z-Boy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.60/43.41
=0.82

* 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.

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

For example, La-Z-Boy'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)
=11.954/333.0200*333.0200
=11.954

Current CPI (Apr. 2026) = 333.0200.

La-Z-Boy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 6.219 240.628 8.607
201610 6.906 241.729 9.514
201701 7.423 242.839 10.180
201704 7.813 244.524 10.641
201707 6.338 244.786 8.623
201710 6.928 246.663 9.354
201801 7.102 247.867 9.542
201804 7.197 250.546 9.566
201807 6.982 252.006 9.227
201810 8.088 252.885 10.651
201901 8.698 251.712 11.508
201904 8.468 255.548 11.035
201907 7.829 256.571 10.162
201910 8.624 257.346 11.160
202001 9.204 257.971 11.882
202004 7.291 256.389 9.470
202007 5.403 259.101 6.944
202010 8.425 260.388 10.775
202101 8.245 261.582 10.497
202104 9.390 267.054 11.709
202107 9.778 273.003 11.928
202110 11.175 276.589 13.455
202201 11.492 281.148 13.612
202204 14.655 289.109 16.881
202207 13.764 296.276 15.471
202210 14.369 298.012 16.057
202301 12.321 299.170 13.715
202304 11.733 303.363 12.880
202307 10.048 305.691 10.946
202310 11.159 307.671 12.078
202401 10.635 308.417 11.483
202404 11.973 313.548 12.717
202407 10.734 314.540 11.365
202410 11.347 315.664 11.971
202501 11.972 317.671 12.550
202504 12.028 320.795 12.486
202507 10.183 323.048 10.497
202510 10.844 0.000
202601 11.110 325.252 11.375
202604 11.954 333.020 11.954

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 0.82 mean?
La-Z-Boy (FRA:LAZ) has a Cyclically Adjusted PS Ratio of 0.82 as of Aug. 13, 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 La-Z-Boy and its competitors. This is 13% below median its historical median of 0.94. Over the past decade, La-Z-Boy's Cyclically Adjusted PS Ratio has ranged from 0.55 to 1.42. According to the industry distribution chart, La-Z-Boy ranks #188 out of 335 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 56.1%.
Is La-Z-Boy's Cyclically Adjusted PS Ratio too high?
La-Z-Boy's current Cyclically Adjusted PS Ratio of 0.82 is 13% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.42. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.69. La-Z-Boy's value of 0.82 is 18.8% above this industry median. Based on the distribution chart, La-Z-Boy ranks #188 out of 335 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, La-Z-Boy has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does La-Z-Boy's Cyclically Adjusted PS Ratio compare to LEG and MLKN?
According to the Furnishings, Fixtures & Appliances industry distribution chart, La-Z-Boy ranks #188 out of 335 companies for Cyclically Adjusted PS Ratio. This places La-Z-Boy in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. La-Z-Boy's value of 0.82 is 18.8% above this benchmark. Historically, La-Z-Boy's own Cyclically Adjusted PS Ratio has ranged from 0.55 to 1.42 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.69, La-Z-Boy 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 0.69, based on 335 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. La-Z-Boy's current Cyclically Adjusted PS Ratio of 0.82 is 18.8% 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 La-Z-Boy and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. La-Z-Boy's current Cyclically Adjusted PS Ratio is 0.82, which is 13% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is La-Z-Boy stock overvalued right now?
Based on GuruFocus' analysis, La-Z-Boy (FRA:LAZ) is currently considered Fairly Valued. The stock's GF Value™ is €33.77, compared to a current price of €35.60 — trading 5.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 13% below median its 10-year median of 0.94 and 18.8% above the Furnishings, Fixtures & Appliances industry median of 0.69. La-Z-Boy's overall GF Score™ is 77/100 with 9 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 La-Z-Boy (FRA:LAZ), the current Cyclically Adjusted PS Ratio is 0.82 as of Aug. 13, 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 La-Z-Boy (FRA:LAZ) Overvalued in 2026?

Based on GuruFocus' analysis, La-Z-Boy stock appears to be overvalued. The current stock price of €35.60 is trading 5.4% above its estimated GF Value™ of €33.77. GuruFocus considers La-Z-Boy to be Fairly Valued.

Key valuation signals for FRA:LAZ:

  • Cyclically Adjusted PS Ratio: 0.82 (13% below median its 10-year median of 0.94)
  • GF Value™: €33.77 vs. price of €35.60 (5.4% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 18.8% above the Furnishings, Fixtures & Appliances median (#188 of 335)

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


La-Z-Boy Business Description

Other Exchanges LZB:USA
Address One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
La-Z-Boy Inc is a world'wide producer of reclining chairs and one of the manufacturers/distributors of residential furniture in the United States. It manufacture, market, import, export, distribute and retail upholstery furniture products. In addition, it import, distribute and retail accessories and casegoods (wood) furniture products. Its reportable operating segments include the Retail segment and the Wholesale segment. Its Retail segment mainly sells upholstered furniture. Wholesale segment manufactures and imports upholstered and casegoods (wood) furniture and sells directly. The company generates majority of revenue from Wholesale segment which manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, etc.
77GF Score

Get the complete analysis for FRA:LAZ

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

€35.60
Price
€33.77
GF Value