Tandem Group (LSE:TND) Cyclically Adjusted PS Ratio: 0.24 (As of Aug. 28, 2026) — Near Median

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LSE:TND Tandem Group PLC LSE:TND
56 GF Score
Price £1.80
GF Value £1.98
Valuation Fairly Valued
! 5 Warning Signs
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What is Tandem Group Cyclically Adjusted PS Ratio?

Tandem Group LSE:TND 56 Cyclically Adjusted PS Ratio is 0.24 as of Aug. 28, 2026, which is 4% above its 10-year median of 0.23. GuruFocus rates LSE:TND with a GF Score™ of 56/100 and a GF Value™ of £1.98 (Fairly Valued). The stock has 5 warning signs investors should review. Among 669 Travel & Leisure companies, Tandem Group ranks better than 88.94% on this metric.

As of today (2026-08-28), Tandem Group's current share price is £1.80. Tandem Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was £7.57. Tandem Group's Cyclically Adjusted PS Ratio for today is 0.24.

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

LSE:TND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.23   Max: 0.93
Current: 0.25

During the past 13 years, Tandem Group's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.14. And the median was 0.23.

LSE:TND's Cyclically Adjusted PS Ratio is ranked better than
88.94% of 669 companies
in the Travel & Leisure industry
Industry Median: 1.32 vs LSE:TND: 0.25

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.

Tandem Group's adjusted revenue per share data of for the fiscal year that ended in Dec25 was £4.736. 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 £7.57 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tandem Group  (LSE:TND) 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.


Tandem Group Cyclically Adjusted PS Ratio Related Terms


Tandem Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tandem 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.

Tandem Group Cyclically Adjusted PS Ratio Chart

Tandem Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.32 0.18 0.21 0.23

Tandem Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.18 0.00 0.21 0.00 0.23

LSE:TND vs AS, HAS, LTH: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, Tandem 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.


Tandem Group Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tandem Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LSE:TND
56GF Score
Tandem Group PLC LSE:TND
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tandem 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.80/7.57
=0.24

* 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.

Tandem Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tandem Group's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.736/139.9000*139.9000
=4.736

Current CPI (Dec25) = 139.9000.

Tandem Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 7.764 102.200 10.628
201712 7.360 105.000 9.806
201812 6.437 107.100 8.408
201912 7.557 108.500 9.744
202012 6.933 109.400 8.866
202112 7.499 114.700 9.147
202212 4.873 125.300 5.441
202312 4.035 130.500 4.326
202412 4.487 135.100 4.646
202512 4.736 139.900 4.736

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 0.24 mean?
Tandem Group (LSE:TND) has a Cyclically Adjusted PS Ratio of 0.24 as of Aug. 28, 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 Tandem Group and its competitors. This is near median its historical median of 0.23. Over the past decade, Tandem Group's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.93. According to the industry distribution chart, Tandem Group ranks #74 out of 669 companies in the Travel & Leisure industry, placing it in the top 11.1%.
Is Tandem Group's Cyclically Adjusted PS Ratio too high?
Tandem Group's current Cyclically Adjusted PS Ratio of 0.24 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.93. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.32. Tandem Group's value of 0.24 is 81.8% below this industry median. Based on the distribution chart, Tandem Group ranks #74 out of 669 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Tandem Group has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tandem Group's Cyclically Adjusted PS Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tandem Group ranks #74 out of 669 companies for Cyclically Adjusted PS Ratio. This places Tandem Group in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.32. Tandem Group's value of 0.24 is 81.8% below this benchmark. Historically, Tandem Group's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.93 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.32, Tandem 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.32, based on 669 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. Tandem Group's current Cyclically Adjusted PS Ratio of 0.24 is 81.8% 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 Tandem Group and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandem Group's current Cyclically Adjusted PS Ratio is 0.24, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandem Group stock overvalued right now?
Based on GuruFocus' analysis, Tandem Group (LSE:TND) is currently considered Fairly Valued. The stock's GF Value™ is £1.98, compared to a current price of £1.80 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is near median its 10-year median of 0.23 and 81.8% below the Travel & Leisure industry median of 1.32. Tandem Group's overall GF Score™ is 56/100 with 5 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 Tandem Group (LSE:TND), the current Cyclically Adjusted PS Ratio is 0.24 as of Aug. 28, 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 Tandem Group (LSE:TND) Overvalued in 2026?

Based on GuruFocus' analysis, Tandem Group stock appears to be undervalued. The current stock price of £1.80 is trading 9.1% below its estimated GF Value™ of £1.98. GuruFocus considers Tandem Group to be Fairly Valued.

Key valuation signals for LSE:TND:

  • Cyclically Adjusted PS Ratio: 0.24 (near median its 10-year median of 0.23)
  • GF Value™: £1.98 vs. price of £1.80 (9.1% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 81.8% below the Travel & Leisure median (#74 of 669)

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


Tandem Group Business Description

Address 35 Tameside Drive, Castle Bromwich, Birmingham, GBR, B35 7AG
Tandem Group PLC is a designer, developer, distributor, and retailer of sports, leisure, and mobility products. Its products include bicycles and accessories, football training equipment, garden and camping, homewares and household appliances, mobility, outdoor play, snooker, pool and table sports, wheeled toys, and golf equipment, which are sold under various brands including Boss, Exile, Scorpion, Carpzone, Kickmaster, Windbar, Airwave, Disney, Shopkins, and Trolls. It has four segments: Toys, Sports & Leisure, Bicycles, including electric, Golf, and Home & Garden. The majority of its revenue comes from the Toys, Sports & Leisure segment. Geographically, the company generates maximum revenue from the United Kingdom, followed by Europe and the Rest of the World.
56GF Score

Get the complete analysis for LSE:TND

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

£1.80
Price
£1.98
GF Value