Sleep Number (FRA:SL2) Cyclically Adjusted PS Ratio: 0.00 (As of Jul. 16, 2026)

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FRA:SL2 Sleep Number Corp FRA:SL2
53 GF Score
Price €0.13
GF Value €47.02
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Sleep Number Cyclically Adjusted PS Ratio?

Sleep Number FRA:SL2 53 Cyclically Adjusted PS Ratio is 0.00 as of Jul. 16, 2026. GuruFocus rates FRA:SL2 with a GF Score™ of 53/100 and a GF Value™ of €47.02 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Sleep Number ranks worse than 295857.69% on this metric.

As of today (2026-07-16), Sleep Number's current share price is €0.13. Sleep Number's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €73.21. Sleep Number's Cyclically Adjusted PS Ratio for today is 0.00.

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

During the past years, Sleep Number's highest Cyclically Adjusted PS Ratio was 4.28. The lowest was 0.01. And the median was 1.31.

FRA:SL2's Cyclically Adjusted PS Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Sleep Number's adjusted revenue per share data for the three months ended in Mar. 2026 was €12.001. 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 €73.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sleep Number  (FRA:SL2) 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.


Sleep Number Cyclically Adjusted PS Ratio Related Terms


Sleep Number Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sleep Number'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.

Sleep Number Cyclically Adjusted PS Ratio Chart

Sleep Number Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 0.49 0.24 0.23 0.12

Sleep Number 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 0.09 0.10 0.10 0.12 0.02

FRA:SL2 vs LBRA, LUVU, SN: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sleep Number'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.


Sleep Number Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

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

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


FRA:SL2
53GF Score
Sleep Number Corp FRA:SL2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sleep Number 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.

Sleep Number's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.13/73.21
=0.00

* 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.

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

For example, Sleep Number'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)
=12.001/330.2130*330.2130
=12.001

Current CPI (Mar. 2026) = 330.2130.

Sleep Number Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.238 241.018 7.176
201609 7.074 241.428 9.675
201612 6.550 241.432 8.959
201703 8.426 243.801 11.412
201706 6.073 244.955 8.187
201709 8.137 246.819 10.886
201712 7.549 246.524 10.112
201803 8.010 249.554 10.599
201806 7.350 251.989 9.632
201809 10.145 252.439 13.271
201812 10.829 251.233 14.233
201903 11.891 254.202 15.447
201906 10.318 256.143 13.302
201909 14.468 256.759 18.607
201912 13.525 256.974 17.380
202003 14.864 258.115 19.016
202006 9.062 257.797 11.608
202009 15.749 260.280 19.980
202012 16.653 260.474 21.112
202103 17.983 264.877 22.419
202106 15.955 271.696 19.391
202109 22.463 274.310 27.041
202112 18.282 278.802 21.653
202203 20.289 287.504 23.303
202206 22.869 296.311 25.486
202209 24.187 296.808 26.909
202212 20.845 296.797 23.192
202303 21.776 301.836 23.823
202306 18.819 305.109 20.367
202309 19.702 307.789 21.137
202312 17.521 306.746 18.861
202403 19.231 312.332 20.332
202406 16.778 314.175 17.634
202409 16.976 315.301 17.779
202412 15.881 315.605 16.616
202503 16.021 319.799 16.543
202506 12.414 322.561 12.708
202509 12.721 324.800 12.933
202512 12.922 324.054 13.168
202603 12.001 330.213 12.001

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 0.00 mean?
Sleep Number (FRA:SL2) has a Cyclically Adjusted PS Ratio of 0.00 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 Sleep Number and its competitors. Over the past decade, Sleep Number's Cyclically Adjusted PS Ratio has ranged from 0.01 to 4.28. According to the industry distribution chart, Sleep Number ranks #999999 out of 338 companies in the Furnishings, Fixtures & Appliances industry.
Is Sleep Number's Cyclically Adjusted PS Ratio too high?
Sleep Number's current Cyclically Adjusted PS Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 4.28. Based on the distribution chart, Sleep Number ranks #999999 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Sleep Number has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sleep Number's Cyclically Adjusted PS Ratio compare to LBRA and LUVU?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sleep Number ranks #999999 out of 338 companies for Cyclically Adjusted PS Ratio. This places Sleep Number in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. Historically, Sleep Number's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 4.28 over the past decade. 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 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. 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 Sleep Number 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. Sleep Number's current Cyclically Adjusted PS Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sleep Number stock overvalued right now?
Based on GuruFocus' analysis, Sleep Number (FRA:SL2) is currently considered Possible Value Trap. The stock's GF Value™ is €47.02, compared to a current price of €0.13 — trading 99.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.00. Sleep Number's overall GF Score™ is 53/100 with 8 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 Sleep Number (FRA:SL2), the current Cyclically Adjusted PS Ratio is 0.00 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 Sleep Number (FRA:SL2) Overvalued in 2026?

Based on GuruFocus' analysis, Sleep Number stock appears to be undervalued. The current stock price of €0.13 is trading 99.7% below its estimated GF Value™ of €47.02. GuruFocus considers Sleep Number to be Possible Value Trap.

Key valuation signals for FRA:SL2:

  • Cyclically Adjusted PS Ratio: 0.00
  • GF Value™: €47.02 vs. price of €0.13 (99.7% below fair value)
  • GF Score™: 53/100 with 8 warning signs

No single metric tells the full story. See the FRA:SL2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sleep Number Business Description

Other Exchanges SNBR:USA
Address 1001 Third Avenue South, Minneapolis, MN, USA, 55404
Sleep Number Corp is a designer, manufacturer, marketer, and retailer, which allows it to offer consumers high-quality, individualized sleep solutions and services. It also offers FlextFit adjustable bases, and Sleep Number pillows, sheets, and other bedding products. The company generates revenue by marketing its innovations directly to new and existing customers and selling products through its Stores, Online, Phone, Chat (Total Retail), and Other. It focuses on personalized sleep wellness, with mattresses designed to evolve with each sleeper to help them feel and perform well, featuring adjustable firmness, pressure-relieving support, and temperature-balancing comfort built into every mattress. Its products include mattresses, bundles, bedding, pillows, and furniture.
53GF Score

Get the complete analysis for FRA:SL2

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

€0.13
Price
€47.02
GF Value