LNVGY (Lenovo Group) Cyclically Adjusted PS Ratio: 0.65 (As of Aug. 05, 2026) — 195% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

LNVGY Lenovo Group Ltd LNVGY
70 GF Score
Price $66.48
GF Value $30.96
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Lenovo Group Cyclically Adjusted PS Ratio?

Lenovo Group LNVGY +3.70% 70 Cyclically Adjusted PS Ratio is 0.65 as of Aug. 05, 2026, which is 195% above its 10-year median of 0.22. GuruFocus rates LNVGY with a GF Score™ of 70/100 and a GF Value™ of $30.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,974 Hardware companies, Lenovo Group ranks better than 69.76% on this metric.

As of today (2026-08-05), Lenovo Group's current share price is $66.48. Lenovo Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $102.78. Lenovo Group's Cyclically Adjusted PS Ratio for today is 0.65.

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

LNVGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.22   Max: 0.63
Current: 0.61

During the past years, Lenovo Group's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.12. And the median was 0.22.

LNVGY's Cyclically Adjusted PS Ratio is ranked better than
69.76% of 1974 companies
in the Hardware industry
Industry Median: 1.335 vs LNVGY: 0.61

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.

Lenovo Group's adjusted revenue per share data for the three months ended in Mar. 2026 was $29.308. 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 $102.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lenovo Group  (OTCPK:LNVGY) 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 0.24 0.28 0.23

Lenovo Group 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 0.28 0.25 0.30 0.24 0.23

LNVGY 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.


LNVGY
70GF Score
Lenovo Group Ltd LNVGY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.48/102.78
=0.65

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

For example, Lenovo Group'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)
=29.308/121.4731*121.4731
=29.308

Current CPI (Mar. 2026) = 121.4731.

Lenovo Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 18.179 101.686 21.717
201609 20.332 102.565 24.080
201612 22.131 103.225 26.043
201703 17.471 103.335 20.538
201706 18.285 103.664 21.426
201709 21.349 103.994 24.937
201712 22.658 104.984 26.217
201803 17.951 105.973 20.577
201806 20.098 106.193 22.990
201809 22.285 106.852 25.334
201812 23.099 107.622 26.072
201903 19.007 108.172 21.344
201906 19.352 109.601 21.448
201909 20.856 110.260 22.977
201912 21.951 110.700 24.087
202003 16.663 110.920 18.248
202006 21.248 110.590 23.339
202009 22.605 107.512 25.540
202012 26.363 109.711 29.190
202103 22.196 111.579 24.164
202106 25.162 111.360 27.447
202109 27.214 109.051 30.314
202112 30.584 112.349 33.068
202203 26.149 113.558 27.972
202206 25.922 113.448 27.756
202209 26.088 113.778 27.852
202212 23.364 114.548 24.777
202303 20.023 115.427 21.072
202306 19.797 115.647 20.794
202309 22.069 116.087 23.093
202312 24.078 117.296 24.936
202403 21.291 117.735 21.967
202406 23.589 117.296 24.429
202409 27.134 118.615 27.788
202412 28.695 118.945 29.305
202503 24.991 119.384 25.428
202506 25.539 119.055 26.058
202509 27.510 119.934 27.863
202512 35.800 120.704 36.028
202603 29.308 121.473 29.308

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 0.65 mean?
Lenovo Group (LNVGY) has a Cyclically Adjusted PS Ratio of 0.65 as of Aug. 05, 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 Lenovo Group and its competitors. This is 195% above median its historical median of 0.22. Over the past decade, Lenovo Group's Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.63. According to the industry distribution chart, Lenovo Group ranks #597 out of 1974 companies in the Hardware industry, placing it in the top 30.2%.
Is Lenovo Group's Cyclically Adjusted PS Ratio too high?
Lenovo Group's current Cyclically Adjusted PS Ratio of 0.65 is 195% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.63. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Lenovo Group's value of 0.65 is 51.3% below this industry median. Based on the distribution chart, Lenovo Group ranks #597 out of 1974 companies in the Hardware industry, which is above the industry midpoint. Overall, Lenovo Group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lenovo Group's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Lenovo Group ranks #597 out of 1974 companies for Cyclically Adjusted PS Ratio. This puts Lenovo Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Lenovo Group's value of 0.65 is 51.3% below this benchmark. Historically, Lenovo Group's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.63 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 1.34, Lenovo Group 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,974 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. Lenovo Group's current Cyclically Adjusted PS Ratio of 0.65 is 51.3% 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 Lenovo Group and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lenovo Group's current Cyclically Adjusted PS Ratio is 0.65, which is 195% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenovo Group stock overvalued right now?
Based on GuruFocus' analysis, Lenovo Group (LNVGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $30.96, compared to a current price of $66.48 — trading 114.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.65, which is 195% above median its 10-year median of 0.22 and 51.3% below the Hardware industry median of 1.34. Lenovo Group's overall GF Score™ is 70/100 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 Lenovo Group (LNVGY), the current Cyclically Adjusted PS Ratio is 0.65 as of Aug. 05, 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 Lenovo Group (LNVGY) Overvalued in 2026?

Based on GuruFocus' analysis, Lenovo Group stock appears to be overvalued. The current stock price of $66.48 is trading 114.7% above its estimated GF Value™ of $30.96. GuruFocus considers Lenovo Group to be Significantly Overvalued.

Key valuation signals for LNVGY:

  • Cyclically Adjusted PS Ratio: 0.65 (195% above median its 10-year median of 0.22)
  • GF Value™: $30.96 vs. price of $66.48 (114.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 51.3% below the Hardware median (#597 of 1974)

No single metric tells the full story. See the LNVGY 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.
70GF Score

Get the complete analysis for LNVGY

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

$66.48
Price
$30.96
GF Value