LNVGF (Lenovo Group) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LNVGF Lenovo Group Ltd LNVGF
68 GF Score
Price $4.80
GF Value $1.98
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Lenovo Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lenovo Group  (OTCPK:LNVGF) 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.


Lenovo Group Cyclically Adjusted PS Ratio Related Terms


Lenovo Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lenovo Group'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.

Lenovo Group Cyclically Adjusted PS Ratio Chart

Lenovo Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.23 0.25 0.29 0.22

Lenovo Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.25 0.32 0.24 0.22 0.58

LNVGF vs DELL, ANET, SNDK: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Lenovo Group'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.


Lenovo Group Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Lenovo Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LNVGF
68GF Score
Lenovo Group Ltd LNVGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lenovo Group 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.

Lenovo Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.231/121.3631*121.3631
=2.231

Current CPI (Jun. 2026) = 121.3631.

Lenovo Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.017 102.565 1.203
201612 1.107 103.225 1.302
201703 0.862 103.335 1.012
201706 0.914 103.664 1.070
201709 1.067 103.994 1.245
201712 1.133 104.984 1.310
201803 0.885 105.973 1.014
201806 1.005 106.193 1.149
201809 1.114 106.852 1.265
201812 1.155 107.622 1.302
201903 0.941 108.172 1.056
201906 0.968 109.601 1.072
201909 1.043 110.260 1.148
201912 1.098 110.700 1.204
202003 0.729 110.920 0.798
202006 1.062 110.590 1.165
202009 1.130 107.512 1.276
202012 1.318 109.711 1.458
202103 1.298 111.579 1.412
202106 1.258 111.360 1.371
202109 1.361 109.051 1.515
202112 1.529 112.349 1.652
202203 1.314 113.558 1.404
202206 1.296 113.448 1.386
202209 1.304 113.778 1.391
202212 1.168 114.548 1.237
202303 0.950 115.427 0.999
202306 0.990 115.647 1.039
202309 1.103 116.087 1.153
202312 1.204 117.296 1.246
202403 1.062 117.735 1.095
202406 1.179 117.296 1.220
202409 1.357 118.615 1.388
202412 1.435 118.945 1.464
202503 0.761 119.384 0.774
202506 1.277 119.055 1.302
202509 1.376 119.934 1.392
202512 1.491 120.704 1.499
202603 1.481 121.473 1.480
202606 2.231 121.363 2.231

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.

Is Lenovo Group (LNVGF) Overvalued in 2026?

Based on GuruFocus' analysis, Lenovo Group stock appears to be overvalued. The current stock price of $4.80 is trading 142.4% above its estimated GF Value™ of $1.98. GuruFocus considers Lenovo Group to be Significantly Overvalued.

Key valuation signals for LNVGF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $1.98 vs. price of $4.80 (142.4% above fair value)
  • GF Score™: 68/100 with 9 warning signs

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


Lenovo Group Business Description

Address 979 King\'s Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 23% of overall sales in fiscal 2025, from 6% in 2015.
68GF Score

Get the complete analysis for LNVGF

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

$4.80
Price
$1.98
GF Value