Lennox International (MIL:1LII) Cyclically Adjusted PS Ratio: 3.82 (As of Jul. 21, 2026) — 18% Above Median

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MIL:1LII Lennox International Inc MIL:1LII
93 GF Score
Price €493.20
GF Value €501.24
! 3 Warning Signs
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What is Lennox International Cyclically Adjusted PS Ratio?

Lennox International MIL:1LII 93 Cyclically Adjusted PS Ratio is 3.82 as of Jul. 21, 2026, which is 18% above its 10-year median of 3.25. GuruFocus rates MIL:1LII with a GF Score™ of 93/100 and a GF Value™ of €501.24. The stock has 3 warning signs investors should review. Among 1,356 Construction companies, Lennox International ranks worse than 90.04% on this metric.

As of today (2026-07-21), Lennox International's current share price is €493.20. Lennox International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €129.07. Lennox International's Cyclically Adjusted PS Ratio for today is 3.82.

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

MIL:1LII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.9   Med: 3.25   Max: 5.43
Current: 3.94

During the past years, Lennox International's highest Cyclically Adjusted PS Ratio was 5.43. The lowest was 1.90. And the median was 3.25.

MIL:1LII's Cyclically Adjusted PS Ratio is ranked worse than
90.04% of 1356 companies
in the Construction industry
Industry Median: 0.7 vs MIL:1LII: 3.94

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.

Lennox International's adjusted revenue per share data for the three months ended in Mar. 2026 was €28.053. 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 €129.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lennox International  (MIL:1LII) 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.


Lennox International Cyclically Adjusted PS Ratio Related Terms


Lennox International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lennox International'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.

Lennox International Cyclically Adjusted PS Ratio Chart

Lennox International 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 3.45 2.26 3.89 4.90 3.68

Lennox International 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 4.42 4.44 4.03 3.68 3.43

MIL:1LII vs MAIR, MAS, CSL: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, Lennox International'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.


Lennox International Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Lennox International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:1LII
93GF Score
Lennox International Inc MIL:1LII
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lennox International 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.

Lennox International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=493.20/129.07
=3.82

* 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.

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

For example, Lennox International'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)
=28.053/330.2130*330.2130
=28.053

Current CPI (Mar. 2026) = 330.2130.

Lennox International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 20.569 241.018 28.181
201609 20.593 241.428 28.166
201612 19.598 241.432 26.805
201703 17.054 243.801 23.099
201706 22.864 244.955 30.822
201709 20.823 246.819 27.859
201712 17.729 246.524 23.748
201803 16.081 249.554 21.279
201806 24.480 251.989 32.079
201809 21.692 252.439 28.375
201812 18.307 251.233 24.062
201903 17.442 254.202 22.657
201906 24.625 256.143 31.746
201909 24.048 256.759 30.928
201912 20.371 256.974 26.177
202003 16.926 258.115 21.654
202006 21.768 257.797 27.883
202009 23.205 260.280 29.440
202012 19.464 260.474 24.675
202103 20.461 264.877 25.508
202106 27.278 271.696 33.153
202109 24.349 274.310 29.311
202112 23.140 278.802 27.407
202203 25.210 287.504 28.955
202206 36.205 296.311 40.347
202209 35.418 296.808 39.404
202212 29.086 296.797 32.361
202303 27.532 301.836 30.120
202306 36.593 305.109 39.604
202309 35.861 307.789 38.474
202312 29.415 306.746 31.665
202403 26.909 312.332 28.450
202406 37.656 314.175 39.578
202409 37.704 315.301 39.487
202412 35.879 315.605 37.540
202503 27.791 319.799 28.696
202506 36.656 322.561 37.526
202509 34.535 324.800 35.111
202512 29.075 324.054 29.628
202603 28.053 330.213 28.053

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 3.82 mean?
Lennox International (MIL:1LII) has a Cyclically Adjusted PS Ratio of 3.82 as of Jul. 21, 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 Lennox International and its competitors. This is 18% above median its historical median of 3.25. Over the past decade, Lennox International's Cyclically Adjusted PS Ratio has ranged from 1.90 to 5.43. According to the industry distribution chart, Lennox International ranks #1221 out of 1356 companies in the Construction industry, placing it in the top 90%.
Is Lennox International's Cyclically Adjusted PS Ratio too high?
Lennox International's current Cyclically Adjusted PS Ratio of 3.82 is 18% above median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 5.43. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Lennox International's value of 3.82 is 445.7% above this industry median. Based on the distribution chart, Lennox International ranks #1221 out of 1356 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lennox International has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Lennox International's Cyclically Adjusted PS Ratio compare to MAIR and MAS?
According to the Construction industry distribution chart, Lennox International ranks #1221 out of 1356 companies for Cyclically Adjusted PS Ratio. This places Lennox International in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Lennox International's value of 3.82 is 445.7% above this benchmark. Historically, Lennox International's own Cyclically Adjusted PS Ratio has ranged from 1.90 to 5.43 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 0.70, Lennox International 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,356 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. Lennox International's current Cyclically Adjusted PS Ratio of 3.82 is 445.7% 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 Lennox International and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennox International's current Cyclically Adjusted PS Ratio is 3.82, which is 18% above median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lennox International stock overvalued right now?
Lennox International (MIL:1LII) has a current Cyclically Adjusted PS Ratio of 3.82. The stock's GF Value™ is €501.24, compared to a current price of €493.20 — trading 1.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.82, which is 18% above median its 10-year median of 3.25 and 445.7% above the Construction industry median of 0.70. Lennox International's overall GF Score™ is 93/100 with 3 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 Lennox International (MIL:1LII), the current Cyclically Adjusted PS Ratio is 3.82 as of Jul. 21, 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 Lennox International (MIL:1LII) Overvalued in 2026?

Based on GuruFocus' analysis, Lennox International stock appears to be undervalued. The current stock price of €493.20 is trading 1.6% below its estimated GF Value™ of €501.24.

Key valuation signals for MIL:1LII:

  • Cyclically Adjusted PS Ratio: 3.82 (18% above median its 10-year median of 3.25)
  • GF Value™: €501.24 vs. price of €493.20 (1.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 445.7% above the Construction median (#1221 of 1356)

No single metric tells the full story. See the MIL:1LII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lennox International Business Description

Other Exchanges LII:USALXI:Germany
Address 2140 Lake Park Boulevard, Richardson, TX, USA, 75080
Lennox International manufacturers and distributes heating, ventilating, air conditioning, and refrigeration products for the North American replacement (75% of sales) and new construction (25% of sales) markets. Residential HVAC (home comfort solutions) accounts for 67% of sales and commercial HVAC (building climate solutions) accounts for the remaining 33% of sales. Lennox's commercial exposure is what its peers refer to as residential and light commercial, and lacks the scale and complexity of what is referred to as an applied solution. The company goes to market with multiple brands, but Lennox is its flagship HVAC brand.
93GF Score

Get the complete analysis for MIL:1LII

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

€493.20
Price
€501.24
GF Value