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Legacy HousingLEGH +0.79%75 Cyclically Adjusted PS Ratio is 3.42 as of Aug. 15, 2026, which is 40% above its 10-year median of 2.45. GuruFocus rates LEGH with a GF Score™ of 75/100 and a GF Value™ of $25.33 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 70 Homebuilding & Construction companies, Legacy Housing ranks worse than 94.29% on this metric.
The historical rank and industry rank for Legacy Housing's Cyclically Adjusted PS Ratio or its related term are showing as below:
LEGH'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.19 Med: 2.45 Max: 3.42
Current: 3.42
During the past 10 years, Legacy Housing's highest Cyclically Adjusted PS Ratio was 3.42. The lowest was 2.19. And the median was 2.45.
LEGH's Cyclically Adjusted PS Ratio is ranked worse than 94.29% of 70
companies
in the Homebuilding & Construction industry
Industry Median: 0.65
vs LEGH: 3.42
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.
Legacy Housing's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $6.862. 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 $8.58 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Legacy Housing (NAS:LEGH) 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.
Legacy Housing Cyclically Adjusted PS Ratio Related Terms
Legacy Housing Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Legacy Housing'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.
LEGH vs HOV, BZH, VNJA: Cyclically Adjusted PS Ratio Comparison
For the Residential Construction subindustry, Legacy Housing'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.
Legacy Housing Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Legacy Housing's Cyclically Adjusted PS Ratio falls into.
Legacy Housing 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.
Legacy Housing's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 3.42 mean?
Legacy Housing (LEGH) has a Cyclically Adjusted PS Ratio of 3.42 as of Aug. 15, 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 Legacy Housing and its competitors. This is 40% above median its historical median of 2.45. Over the past decade, Legacy Housing's Cyclically Adjusted PS Ratio has ranged from 2.19 to 3.42. According to the industry distribution chart, Legacy Housing ranks #66 out of 70 companies in the Homebuilding & Construction industry, placing it in the top 94.3%.
Is Legacy Housing's Cyclically Adjusted PS Ratio too high?
Legacy Housing's current Cyclically Adjusted PS Ratio of 3.42 is 40% above median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 3.42. The Homebuilding & Construction industry median Cyclically Adjusted PS Ratio is 0.65. Legacy Housing's value of 3.42 is 426.2% above this industry median. Based on the distribution chart, Legacy Housing ranks #66 out of 70 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Legacy Housing has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Legacy Housing's Cyclically Adjusted PS Ratio compare to HOV and BZH?
According to the Homebuilding & Construction industry distribution chart, Legacy Housing ranks #66 out of 70 companies for Cyclically Adjusted PS Ratio. This places Legacy Housing in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Legacy Housing's value of 3.42 is 426.2% above this benchmark. Historically, Legacy Housing's own Cyclically Adjusted PS Ratio has ranged from 2.19 to 3.42 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 0.65, Legacy Housing 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 Homebuilding & Construction company?
The median Cyclically Adjusted PS Ratio among Homebuilding & Construction companies is 0.65, based on 70 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. Legacy Housing's current Cyclically Adjusted PS Ratio of 3.42 is 426.2% 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 Legacy Housing and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Housing's current Cyclically Adjusted PS Ratio is 3.42, which is 40% above median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Housing stock overvalued right now?
Based on GuruFocus' analysis, Legacy Housing (LEGH) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.33, compared to a current price of $29.34 — trading 15.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.42, which is 40% above median its 10-year median of 2.45 and 426.2% above the Homebuilding & Construction industry median of 0.65. Legacy Housing's overall GF Score™ is 75/100 with 6 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 Legacy Housing (LEGH), the current Cyclically Adjusted PS Ratio is 3.42 as of Aug. 15, 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 Legacy Housing (LEGH) Overvalued in 2026?
Based on GuruFocus' analysis, Legacy Housing stock appears to be overvalued.
The current stock price of $29.34 is trading 15.8% above its estimated GF Value™ of $25.33.
GuruFocus considers Legacy Housing to be Modestly Overvalued.
Key valuation signals for LEGH:
Cyclically Adjusted PS Ratio: 3.42 (40% above median its 10-year median of 2.45)
GF Value™: $25.33 vs. price of $29.34 (15.8% above fair value)
Industry Position: 426.2% above the Homebuilding & Construction median (#66 of 70)
No single metric tells the full story. See the LEGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legacy Housing Corp builds, sells, and finances manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores, and are also sold directly to manufactured home communities. The Company manufactures and provides for the transport of manufactured homes, provides wholesale financing to dealers and mobile home parks, provides retail financing to consumers, and is involved in financing and developing new manufactured home communities. The Company manufactures its mobile homes at plants in Fort Worth, Texas; Commerce, Texas; and Eatonton, Georgia. The Company also sells homes directly to consumers, through its own retail stores, and to dealers and mobile home parks.
75GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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