Lowe's (FRA:LWE) Cyclically Adjusted PS Ratio: 1.29 (As of Sep. 17, 2026) — 30% Below Median

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FRA:LWE Lowe's Companies Inc FRA:LWE
82 GF Score
Price €168.10
GF Value €218.39
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Lowe's Cyclically Adjusted PS Ratio?

Lowe's FRA:LWE -1.41% 82 Cyclically Adjusted PS Ratio is 1.29 as of Sep. 17, 2026, which is 30% below its 10-year median of 1.85. GuruFocus rates FRA:LWE with a GF Score™ of 82/100 and a GF Value™ of €218.39 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 801 Retail - Cyclical companies, Lowe's ranks worse than 75.66% on this metric.

As of today (2026-09-17), Lowe's's current share price is €168.10. Lowe's's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 was €130.12. Lowe's's Cyclically Adjusted PS Ratio for today is 1.29.

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

FRA:LWE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.85   Max: 3
Current: 1.35

During the past years, Lowe's's highest Cyclically Adjusted PS Ratio was 3.00. The lowest was 0.99. And the median was 1.85.

FRA:LWE's Cyclically Adjusted PS Ratio is ranked worse than
75.66% of 801 companies
in the Retail - Cyclical industry
Industry Median: 0.51 vs FRA:LWE: 1.35

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.

Lowe's's adjusted revenue per share data for the three months ended in Jul. 2026 was €40.186. 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 €130.12 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lowe's  (FRA:LWE) 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.


Lowe's Cyclically Adjusted PS Ratio Related Terms


Lowe's Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lowe's'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.

Lowe's Cyclically Adjusted PS Ratio Chart

Lowe's Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 2.01 1.90 2.21 1.80

Lowe's Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 1.64 1.69 1.78 1.54 1.40

FRA:LWE vs FND, HVT, TTSH: Cyclically Adjusted PS Ratio Comparison

For the Home Improvement Retail subindustry, Lowe's'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.


Lowe's Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:LWE
82GF Score
Lowe's Companies Inc FRA:LWE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lowe's 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=168.10/130.122
=1.29

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=40.186/333.9180*333.9180
=40.186

Current CPI (Jul. 2026) = 333.9180.

Lowe's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 16.154 241.729 22.315
201701 17.062 242.839 23.461
201704 18.387 244.524 25.109
201707 20.562 244.786 28.049
201710 17.047 246.663 23.077
201801 15.679 247.867 21.122
201804 17.062 250.546 22.740
201807 21.888 252.006 29.002
201810 18.661 252.885 24.641
201901 17.156 251.712 22.759
201904 19.705 255.548 25.748
201907 23.936 256.571 31.152
201910 20.410 257.346 26.483
202001 18.920 257.971 24.490
202004 23.782 256.389 30.973
202007 32.325 259.101 41.659
202010 25.086 260.388 32.170
202101 22.951 261.582 29.298
202104 28.306 267.054 35.393
202107 32.483 273.003 39.731
202110 28.262 276.589 34.120
202201 27.832 281.148 33.056
202204 32.336 289.109 37.348
202207 41.171 296.276 46.402
202210 38.026 298.012 42.608
202301 35.331 299.170 39.435
202304 34.698 303.363 38.193
202307 39.089 305.691 42.698
202310 33.094 307.671 35.917
202401 29.768 308.417 32.229
202404 34.605 313.548 36.853
202407 38.285 314.540 40.644
202410 32.394 315.664 34.267
202501 31.427 317.671 33.034
202504 34.601 320.795 36.016
202507 37.220 323.048 38.472
202510 31.848 0.000
202601 31.443 325.252 32.281
202604 35.248 333.020 35.343
202607 40.186 333.918 40.186

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 1.29 mean?
Lowe's (FRA:LWE) has a Cyclically Adjusted PS Ratio of 1.29 as of Sep. 17, 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 Lowe's and its competitors. This is 30% below median its historical median of 1.85. Over the past decade, Lowe's' Cyclically Adjusted PS Ratio has ranged from 0.99 to 3.00. According to the industry distribution chart, Lowe's ranks #606 out of 801 companies in the Retail - Cyclical industry, placing it in the top 75.7%.
Is Lowe's' Cyclically Adjusted PS Ratio too high?
Lowe's' current Cyclically Adjusted PS Ratio of 1.29 is 30% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 3.00. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. Lowe's' value of 1.29 is 152.9% above this industry median. Based on the distribution chart, Lowe's ranks #606 out of 801 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Lowe's has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lowe's' Cyclically Adjusted PS Ratio compare to FND and HVT?
According to the Retail - Cyclical industry distribution chart, Lowe's ranks #606 out of 801 companies for Cyclically Adjusted PS Ratio. This places Lowe's in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. Lowe's' value of 1.29 is 152.9% above this benchmark. Historically, Lowe's' own Cyclically Adjusted PS Ratio has ranged from 0.99 to 3.00 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 0.51, Lowe's 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.51, based on 801 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. Lowe's's current Cyclically Adjusted PS Ratio of 1.29 is 152.9% 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 Lowe's and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lowe's's current Cyclically Adjusted PS Ratio is 1.29, which is 30% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lowe's stock overvalued right now?
Based on GuruFocus' analysis, Lowe's (FRA:LWE) is currently considered Modestly Undervalued. The stock's GF Value™ is €218.39, compared to a current price of €168.10 — trading 23% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.29, which is 30% below median its 10-year median of 1.85 and 152.9% above the Retail - Cyclical industry median of 0.51. Lowe's' overall GF Score™ is 82/100 with 2 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 Lowe's (FRA:LWE), the current Cyclically Adjusted PS Ratio is 1.29 as of Sep. 17, 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 Lowe's (FRA:LWE) Overvalued in 2026?

Based on GuruFocus' analysis, Lowe's stock appears to be undervalued. The current stock price of €168.10 is trading 23% below its estimated GF Value™ of €218.39. GuruFocus considers Lowe's to be Modestly Undervalued.

Key valuation signals for FRA:LWE:

  • Cyclically Adjusted PS Ratio: 1.29 (30% below median its 10-year median of 1.85)
  • GF Value™: €218.39 vs. price of €168.10 (23% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 152.9% above the Retail - Cyclical median (#606 of 801)

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


Lowe's Business Description

Address 1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer globally, with 1,759 stores in the US, after the 2023 divestiture of its Canadian locations. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two-thirds of products sold. Lowe's primarily targets retail do-it-yourself (around 70% of sales) and do-it-for-me customers, but has expanded its professional business clients to 30% from less than 20% in the past seven years (set to expand further with the acquisition of FBM). We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.
82GF Score

Get the complete analysis for FRA:LWE

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

€168.10
Price
€218.39
GF Value