Lululemon Athletica (LTS:0JVT) Cyclically Adjusted PS Ratio: 2.09 (As of Jul. 17, 2026) — 81% Below Median

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LTS:0JVT Lululemon Athletica Inc LTS:0JVT
78 GF Score
Price $118.69
GF Value $358.73
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Lululemon Athletica Cyclically Adjusted PS Ratio?

Lululemon Athletica LTS:0JVT +1.51% 78 Cyclically Adjusted PS Ratio is 2.09 as of Jul. 17, 2026, which is 81% below its 10-year median of 11.06. GuruFocus rates LTS:0JVT with a GF Score™ of 78/100 and a GF Value™ of $358.73 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 794 Retail - Cyclical companies, Lululemon Athletica ranks worse than 84.51% on this metric.

As of today (2026-07-17), Lululemon Athletica's current share price is $118.69. Lululemon Athletica's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $56.72. Lululemon Athletica's Cyclically Adjusted PS Ratio for today is 2.09.

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

LTS:0JVT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.98   Med: 11.06   Max: 22.23
Current: 2.11

During the past years, Lululemon Athletica's highest Cyclically Adjusted PS Ratio was 22.23. The lowest was 1.98. And the median was 11.06.

LTS:0JVT's Cyclically Adjusted PS Ratio is ranked worse than
84.51% of 794 companies
in the Retail - Cyclical industry
Industry Median: 0.495 vs LTS:0JVT: 2.11

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.

Lululemon Athletica's adjusted revenue per share data for the three months ended in Apr. 2026 was $21.402. 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 $56.72 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lululemon Athletica  (LTS:0JVT) 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.


Lululemon Athletica Cyclically Adjusted PS Ratio Related Terms


Lululemon Athletica Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lululemon Athletica'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.

Lululemon Athletica Cyclically Adjusted PS Ratio Chart

Lululemon Athletica 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 13.93 10.04 12.06 9.15 3.24

Lululemon Athletica 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 5.71 4.04 3.32 3.24 2.44

LTS:0JVT vs GAP, VSXY, BURL: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Lululemon Athletica'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.


Lululemon Athletica Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


LTS:0JVT
78GF Score
Lululemon Athletica Inc LTS:0JVT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lululemon Athletica 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.

Lululemon Athletica's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=118.69/56.72
=2.09

* 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.

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

For example, Lululemon Athletica'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)
=21.402/132.7364*132.7364
=21.402

Current CPI (Apr. 2026) = 132.7364.

Lululemon Athletica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 3.749 101.844 4.886
201610 3.967 102.002 5.162
201701 5.756 102.318 7.467
201704 3.793 103.029 4.887
201707 4.263 103.029 5.492
201710 4.566 103.424 5.860
201801 6.843 104.056 8.729
201804 4.780 105.320 6.024
201807 5.378 106.110 6.728
201810 5.618 105.952 7.038
201901 8.821 105.557 11.092
201904 5.957 107.453 7.359
201907 6.754 108.243 8.282
201910 7.004 107.927 8.614
202001 10.676 108.085 13.111
202004 4.984 107.216 6.170
202007 6.903 108.401 8.453
202010 8.535 108.638 10.428
202101 13.207 109.192 16.055
202104 9.363 110.851 11.212
202107 11.117 112.431 13.125
202110 11.141 113.695 13.007
202201 16.440 114.801 19.008
202204 12.552 118.357 14.077
202207 14.607 120.964 16.029
202210 14.527 121.517 15.868
202301 21.689 121.596 23.676
202304 15.678 123.571 16.841
202307 17.359 124.914 18.446
202310 17.388 125.310 18.419
202401 25.320 125.072 26.872
202404 17.484 126.890 18.290
202407 18.990 128.075 19.681
202410 19.516 127.838 20.264
202501 29.667 127.443 30.899
202504 19.618 129.102 20.170
202507 21.100 130.290 21.496
202510 21.644 130.603 21.998
202601 31.066 130.366 31.631
202604 21.402 132.736 21.402

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 2.09 mean?
Lululemon Athletica (LTS:0JVT) has a Cyclically Adjusted PS Ratio of 2.09 as of Jul. 17, 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 Lululemon Athletica and its competitors. This is 81% below median its historical median of 11.06. Over the past decade, Lululemon Athletica's Cyclically Adjusted PS Ratio has ranged from 1.98 to 22.23. According to the industry distribution chart, Lululemon Athletica ranks #671 out of 794 companies in the Retail - Cyclical industry, placing it in the top 84.5%.
Is Lululemon Athletica's Cyclically Adjusted PS Ratio too high?
Lululemon Athletica's current Cyclically Adjusted PS Ratio of 2.09 is 81% below median its 10-year median of 11.06. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 22.23. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Lululemon Athletica's value of 2.09 is 322.2% above this industry median. Based on the distribution chart, Lululemon Athletica ranks #671 out of 794 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Lululemon Athletica has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lululemon Athletica's Cyclically Adjusted PS Ratio compare to GAP and VSXY?
According to the Retail - Cyclical industry distribution chart, Lululemon Athletica ranks #671 out of 794 companies for Cyclically Adjusted PS Ratio. This places Lululemon Athletica in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Lululemon Athletica's value of 2.09 is 322.2% above this benchmark. Historically, Lululemon Athletica's own Cyclically Adjusted PS Ratio has ranged from 1.98 to 22.23 over the past decade. While the company's 10-year median is 11.06 vs. the industry median of 0.50, Lululemon Athletica 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 0.50, 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. Lululemon Athletica's current Cyclically Adjusted PS Ratio of 2.09 is 322.2% 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 Lululemon Athletica and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lululemon Athletica's current Cyclically Adjusted PS Ratio is 2.09, which is 81% below median its own 10-year median of 11.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lululemon Athletica stock overvalued right now?
Based on GuruFocus' analysis, Lululemon Athletica (LTS:0JVT) is currently considered Significantly Undervalued. The stock's GF Value™ is $358.73, compared to a current price of $118.69 — trading 66.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.09, which is 81% below median its 10-year median of 11.06 and 322.2% above the Retail - Cyclical industry median of 0.50. Lululemon Athletica's overall GF Score™ is 78/100 with 1 warning sign 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 Lululemon Athletica (LTS:0JVT), the current Cyclically Adjusted PS Ratio is 2.09 as of Jul. 17, 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 Lululemon Athletica (LTS:0JVT) Overvalued in 2026?

Based on GuruFocus' analysis, Lululemon Athletica stock appears to be undervalued. The current stock price of $118.69 is trading 66.9% below its estimated GF Value™ of $358.73. GuruFocus considers Lululemon Athletica to be Significantly Undervalued.

Key valuation signals for LTS:0JVT:

  • Cyclically Adjusted PS Ratio: 2.09 (81% below median its 10-year median of 11.06)
  • GF Value™: $358.73 vs. price of $118.69 (66.9% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 322.2% above the Retail - Cyclical median (#671 of 794)

No single metric tells the full story. See the LTS:0JVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lululemon Athletica Business Description

Address 1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. The company offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. Lululemon also sells fitness accessories, such as bags, yoga mats, and equipment. It sells its products through digital channels, a small number of wholesale partners, more than 800 company-owned stores in about two dozen countries in North America, Asia, and Western Europe, and about 45 franchised locations in the Middle East and Europe. The company was founded in 1998 and is based in Vancouver, Canada.
78GF Score

Get the complete analysis for LTS:0JVT

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

$118.69
Price
$358.73
GF Value