Halfords Group (LSE:HFD) Cyclically Adjusted PS Ratio: 0.30 (As of Jul. 15, 2026) — 12% Below Median

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LSE:HFD Halfords Group PLC LSE:HFD
70 GF Score
Price £2.37
GF Value £1.59
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Halfords Group Cyclically Adjusted PS Ratio?

Halfords Group LSE:HFD -0.42% 70 Cyclically Adjusted PS Ratio is 0.30 as of Jul. 15, 2026, which is 12% below its 10-year median of 0.34. GuruFocus rates LSE:HFD with a GF Score™ of 70/100 and a GF Value™ of £1.59 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 793 Retail - Cyclical companies, Halfords Group ranks better than 67.97% on this metric.

As of today (2026-07-15), Halfords Group's current share price is £2.365. Halfords Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was £7.78. Halfords Group's Cyclically Adjusted PS Ratio for today is 0.30.

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

LSE:HFD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.34   Max: 0.83
Current: 0.3

During the past 13 years, Halfords Group's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.12. And the median was 0.34.

LSE:HFD's Cyclically Adjusted PS Ratio is ranked better than
67.97% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs LSE:HFD: 0.30

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.

Halfords Group's adjusted revenue per share data of for the fiscal year that ended in Mar26 was £8.000. 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 £7.78 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Halfords Group  (LSE:HFD) 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.


Halfords Group Cyclically Adjusted PS Ratio Related Terms


Halfords Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Halfords 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.

Halfords Group Cyclically Adjusted PS Ratio Chart

Halfords 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 0.40 0.26 0.22 0.17 0.17

Halfords Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.22 0.00 0.17 0.00 0.17

LSE:HFD vs CASY, WSM, DKS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Halfords 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.


Halfords Group Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


LSE:HFD
70GF Score
Halfords Group PLC LSE:HFD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Halfords 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.

Halfords Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.365/7.78
=0.30

* 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.

Halfords Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Halfords Group's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=8/140.8000*140.8000
=8.000

Current CPI (Mar26) = 140.8000.

Halfords Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 5.556 102.700 7.617
201803 5.716 105.100 7.658
201903 5.716 107.000 7.522
202003 5.767 108.600 7.477
202103 6.398 109.700 8.212
202203 6.469 116.500 7.818
202303 6.916 126.800 7.680
202403 7.510 131.600 8.035
202503 7.543 136.100 7.803
202603 8.000 140.800 8.000

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 0.30 mean?
Halfords Group (LSE:HFD) has a Cyclically Adjusted PS Ratio of 0.30 as of Jul. 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 Halfords Group and its competitors. This is 12% below median its historical median of 0.34. Over the past decade, Halfords Group's Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.83. According to the industry distribution chart, Halfords Group ranks #254 out of 793 companies in the Retail - Cyclical industry, placing it in the top 32%.
Is Halfords Group's Cyclically Adjusted PS Ratio too high?
Halfords Group's current Cyclically Adjusted PS Ratio of 0.30 is 12% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.83. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Halfords Group's value of 0.30 is 38.8% below this industry median. Based on the distribution chart, Halfords Group ranks #254 out of 793 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Halfords 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 Halfords Group's Cyclically Adjusted PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Halfords Group ranks #254 out of 793 companies for Cyclically Adjusted PS Ratio. This puts Halfords Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Halfords Group's value of 0.30 is 38.8% below this benchmark. Historically, Halfords Group's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.83 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.49, Halfords 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 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. Halfords Group's current Cyclically Adjusted PS Ratio of 0.30 is 38.8% 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 Halfords Group 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. Halfords Group's current Cyclically Adjusted PS Ratio is 0.30, which is 12% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halfords Group stock overvalued right now?
Based on GuruFocus' analysis, Halfords Group (LSE:HFD) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.59, compared to a current price of £2.37 — trading 48.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.30, which is 12% below median its 10-year median of 0.34 and 38.8% below the Retail - Cyclical industry median of 0.49. Halfords 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 Halfords Group (LSE:HFD), the current Cyclically Adjusted PS Ratio is 0.30 as of Jul. 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 Halfords Group (LSE:HFD) Overvalued in 2026?

Based on GuruFocus' analysis, Halfords Group stock appears to be overvalued. The current stock price of £2.37 is trading 48.7% above its estimated GF Value™ of £1.59. GuruFocus considers Halfords Group to be Significantly Overvalued.

Key valuation signals for LSE:HFD:

  • Cyclically Adjusted PS Ratio: 0.30 (12% below median its 10-year median of 0.34)
  • GF Value™: £1.59 vs. price of £2.37 (48.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 38.8% below the Retail - Cyclical median (#254 of 793)

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


Halfords Group Business Description

Other Exchanges HFDl:UKHDK:Germany
Address Icknield Street Drive, Washford West, Redditch, Worcestershire, GBR, B98 0DE
Halfords Group PLC is a retailer of automotive and cycling products. The company also provides vehicle servicing, maintenance, and repairs through garages and mobile vans. It is also engaged in the provision of software as a service. The company operates retail stores and auto centers in the United Kingdom and Ireland, and it participates in online retail as well. The business is divided into two segments: Retail and Autocentres. The Retail segment which derives maximum revenue, operates retail outlets for its automotive, leisure, and cycling products. The Autocentres segment operates centers for car servicing and repair in the U.K. Halfords' key cycling brands include Apollo, Carrera, and Boardman, but the company offers third-party bike brands as well.
70GF Score

Get the complete analysis for LSE:HFD

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

£2.37
Price
£1.59
GF Value