LECNF (Leclanche) Cyclically Adjusted PS Ratio: 0.76 (As of Jul. 09, 2026) — Near Median


LECNF Leclanche SA LECNF
32 GF Score
Price $1.05
GF Value $2.61
! 5 Warning Signs
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What is Leclanche Cyclically Adjusted PS Ratio?

Leclanche LECNF 32 Cyclically Adjusted PS Ratio is 0.76 as of Jul. 09, 2026, which is 4% above its 10-year median of 0.73. GuruFocus rates LECNF with a GF Score™ of 32/100 and a GF Value™ of $2.61. The stock has 5 warning signs investors should review. Among 2,298 Industrial Products companies, Leclanche ranks better than 88.99% on this metric.

As of today (2026-07-09), Leclanche's current share price is $1.05. Leclanche's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was $1.39. Leclanche's Cyclically Adjusted PS Ratio for today is 0.76.

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

LECNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.73   Max: 2.03
Current: 0.32

During the past 13 years, Leclanche's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 0.16. And the median was 0.73.

LECNF's Cyclically Adjusted PS Ratio is ranked better than
88.99% of 2298 companies
in the Industrial Products industry
Industry Median: 1.89 vs LECNF: 0.32

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.

Leclanche's adjusted revenue per share data of for the fiscal year that ended in Dec24 was $0.028. 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 $1.39 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leclanche  (GREY:LECNF) 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.


Leclanche Cyclically Adjusted PS Ratio Related Terms


Leclanche Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Leclanche'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.

Leclanche Cyclically Adjusted PS Ratio Chart

Leclanche Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.91 1.12 1.56 0.77

Leclanche Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 1.56 0.00 0.77 0.00

LECNF vs VRT, BE, HUBB: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Leclanche'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.


Leclanche Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leclanche's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LECNF
32GF Score
Leclanche SA LECNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Leclanche 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.05/1.39
=0.76

* 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.

Leclanche's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Leclanche's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.028/107.1281*107.1281
=0.028

Current CPI (Dec24) = 107.1281.

Leclanche Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.610 99.386 0.658
201612 0.645 99.380 0.695
201712 0.215 100.213 0.230
201812 0.614 100.906 0.652
201912 0.119 101.063 0.126
202012 0.129 100.241 0.138
202112 0.068 101.776 0.072
202212 0.055 104.666 0.056
202312 0.038 106.461 0.038
202412 0.028 107.128 0.028

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 0.76 mean?
Leclanche (LECNF) has a Cyclically Adjusted PS Ratio of 0.76 as of Jul. 09, 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 Leclanche and its competitors. This is near median its historical median of 0.73. Over the past decade, Leclanche's Cyclically Adjusted PS Ratio has ranged from 0.16 to 2.03. According to the industry distribution chart, Leclanche ranks #253 out of 2298 companies in the Industrial Products industry, placing it in the top 11%.
Is Leclanche's Cyclically Adjusted PS Ratio too high?
Leclanche's current Cyclically Adjusted PS Ratio of 0.76 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 2.03. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.89. Leclanche's value of 0.76 is 59.8% below this industry median. Based on the distribution chart, Leclanche ranks #253 out of 2298 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Leclanche has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Leclanche's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Leclanche ranks #253 out of 2298 companies for Cyclically Adjusted PS Ratio. This places Leclanche in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.89. Leclanche's value of 0.76 is 59.8% below this benchmark. Historically, Leclanche's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 2.03 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.89, Leclanche has consistently been below 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.89, based on 2,298 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. Leclanche's current Cyclically Adjusted PS Ratio of 0.76 is 59.8% below 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 Leclanche and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leclanche's current Cyclically Adjusted PS Ratio is 0.76, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leclanche stock overvalued right now?
Leclanche (LECNF) has a current Cyclically Adjusted PS Ratio of 0.76. The stock's GF Value™ is $2.61, compared to a current price of $1.05 — trading 59.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.76, which is near median its 10-year median of 0.73 and 59.8% below the Industrial Products industry median of 1.89. Leclanche's overall GF Score™ is 32/100 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 Leclanche (LECNF), the current Cyclically Adjusted PS Ratio is 0.76 as of Jul. 09, 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 Leclanche (LECNF) Overvalued in 2026?

Based on GuruFocus' analysis, Leclanche stock appears to be undervalued. The current stock price of $1.05 is trading 59.8% below its estimated GF Value™ of $2.61.

Key valuation signals for LECNF:

  • Cyclically Adjusted PS Ratio: 0.76 (near median its 10-year median of 0.73)
  • GF Value™: $2.61 vs. price of $1.05 (59.8% below fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 59.8% below the Industrial Products median (#253 of 2298)

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


Leclanche Business Description

Address Avenue des Sports 42, Yverdon-les-Bains, CHE, CH-1401
Leclanche SA is a Switzerland-based company. It operates through three segments. Stationery Business, which is the key revenue driver, sells customized systems to both electricity generation markets and transmission and distribution markets. E-Mobility Business Unisells customized systems in mass marine, road, and rail transportation. Specialty Battery Business develops and delivers both turn-key customized solutions and off-the-shelf solutions incorporating battery storage and/or charging solutions utilizing both in-house and third-party technologies for civil, military, medical, and industrial machinery markets. Geographically, it exports its products to the Netherlands, Canada, the USA, Switzerland, Norway, Netherlands, Canada, France, Germany, and others.
32GF Score

Get the complete analysis for LECNF

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

$1.05
Price
$2.61
GF Value