LOW (Lowe's) Cyclically Adjusted PS Ratio: 1.53 (As of Aug. 05, 2026) — 17% Below Median

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LOW Lowe's Companies Inc LOW
84 GF Score
Price $219.94
GF Value $251.24
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lowe's Cyclically Adjusted PS Ratio?

Lowe's LOW +0.85% 84 Cyclically Adjusted PS Ratio is 1.53 as of Aug. 05, 2026, which is 17% below its 10-year median of 1.85. GuruFocus rates LOW with a GF Score™ of 84/100 and a GF Value™ of $251.24 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 794 Retail - Cyclical companies, Lowe's ranks worse than 78.34% on this metric.

As of today (2026-08-05), Lowe's's current share price is $219.94. Lowe's's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $143.49. Lowe's's Cyclically Adjusted PS Ratio for today is 1.53.

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

LOW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.85   Max: 3
Current: 1.48

During the past years, Lowe's's highest Cyclically Adjusted PS Ratio was 3.00. The lowest was 0.99. And the median was 1.85.

LOW's Cyclically Adjusted PS Ratio is ranked worse than
78.34% of 794 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs LOW: 1.48

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.

Lowe's's adjusted revenue per share data for the three months ended in Apr. 2026 was $41.211. 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 $143.49 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lowe's  (NYSE:LOW) 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.


Lowe's Cyclically Adjusted PS Ratio Related Terms


Lowe's Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lowe's'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.

Lowe's Cyclically Adjusted PS Ratio Chart

Lowe's Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 1.96 1.81 2.02 1.93

Lowe's Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.70 1.67 1.74 1.93 1.66

LOW vs FND, HVT, TTSH: Cyclically Adjusted PS Ratio Comparison

For the Home Improvement Retail subindustry, Lowe's'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.


Lowe's Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LOW
84GF Score
Lowe's Companies Inc LOW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lowe's 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=219.94/143.49
=1.53

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=41.211/333.0200*333.0200
=41.211

Current CPI (Apr. 2026) = 333.0200.

Lowe's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 20.633 240.628 28.555
201610 18.008 241.729 24.809
201701 18.184 242.839 24.937
201704 19.650 244.524 26.762
201707 23.153 244.786 31.499
201710 20.156 246.663 27.213
201801 18.713 247.867 25.142
201804 21.017 250.546 27.935
201807 25.661 252.006 33.910
201810 21.580 252.885 28.418
201901 19.559 251.712 25.877
201904 22.260 255.548 29.008
201907 26.878 256.571 34.887
201910 22.582 257.346 29.222
202001 21.005 257.971 27.116
202004 26.025 256.389 33.803
202007 36.258 259.101 46.602
202010 29.588 260.388 37.841
202101 27.522 261.582 35.038
202104 33.919 267.054 42.297
202107 38.996 273.003 47.569
202110 33.214 276.589 39.990
202201 31.197 281.148 36.953
202204 35.739 289.109 41.167
202207 42.998 296.276 48.331
202210 37.869 298.012 42.318
202301 37.191 299.170 41.399
202304 37.432 303.363 41.091
202307 42.660 305.691 46.474
202310 35.478 307.671 38.401
202401 32.351 308.417 34.932
202404 37.350 313.548 39.670
202407 41.379 314.540 43.810
202410 35.636 315.664 37.595
202501 32.839 317.671 34.426
202504 37.375 320.795 38.799
202507 42.784 323.048 44.105
202510 37.166 0.000
202601 36.759 325.252 37.637
202604 41.211 333.020 41.211

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 1.53 mean?
Lowe's (LOW) has a Cyclically Adjusted PS Ratio of 1.53 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 Lowe's and its competitors. This is 17% below median its historical median of 1.85. Over the past decade, Lowe's' Cyclically Adjusted PS Ratio has ranged from 0.99 to 3.00. According to the industry distribution chart, Lowe's ranks #622 out of 794 companies in the Retail - Cyclical industry, placing it in the top 78.3%.
Is Lowe's' Cyclically Adjusted PS Ratio too high?
Lowe's' current Cyclically Adjusted PS Ratio of 1.53 is 17% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 3.00. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Lowe's' value of 1.53 is 212.2% above this industry median. Based on the distribution chart, Lowe's ranks #622 out of 794 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Lowe's has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lowe's' Cyclically Adjusted PS Ratio compare to FND and HVT?
According to the Retail - Cyclical industry distribution chart, Lowe's ranks #622 out of 794 companies for Cyclically Adjusted PS Ratio. This places Lowe's in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Lowe's' value of 1.53 is 212.2% above this benchmark. Historically, Lowe's' own Cyclically Adjusted PS Ratio has ranged from 0.99 to 3.00 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 0.49, Lowe's 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 794 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. Lowe's's current Cyclically Adjusted PS Ratio of 1.53 is 212.2% 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 Lowe's and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lowe's's current Cyclically Adjusted PS Ratio is 1.53, which is 17% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lowe's stock overvalued right now?
Based on GuruFocus' analysis, Lowe's (LOW) is currently considered Modestly Undervalued. The stock's GF Value™ is $251.24, compared to a current price of $219.94 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.53, which is 17% below median its 10-year median of 1.85 and 212.2% above the Retail - Cyclical industry median of 0.49. Lowe's' overall GF Score™ is 84/100 with 2 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 Lowe's (LOW), the current Cyclically Adjusted PS Ratio is 1.53 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 Lowe's (LOW) Overvalued in 2026?

Based on GuruFocus' analysis, Lowe's stock appears to be undervalued. The current stock price of $219.94 is trading 12.5% below its estimated GF Value™ of $251.24. GuruFocus considers Lowe's to be Modestly Undervalued.

Key valuation signals for LOW:

  • Cyclically Adjusted PS Ratio: 1.53 (17% below median its 10-year median of 1.85)
  • GF Value™: $251.24 vs. price of $219.94 (12.5% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 212.2% above the Retail - Cyclical median (#622 of 794)

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


Lowe's Business Description

Address 1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer globally, with 1,759 stores in the US, after the 2023 divestiture of its Canadian locations. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two-thirds of products sold. Lowe's primarily targets retail do-it-yourself (around 70% of sales) and do-it-for-me customers, but has expanded its professional business clients to 30% from less than 20% in the past seven years (set to expand further with the acquisition of FBM). We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.
84GF 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.

$219.94
Price
$251.24
GF Value