Lindsay (STU:LMF) Cyclically Adjusted PS Ratio: 1.83 (As of Jul. 16, 2026) — 10% Below Median

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STU:LMF Lindsay Corp STU:LMF
72 GF Score
Price €101.00
GF Value €108.11
Valuation Fairly Valued
! 3 Warning Signs
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What is Lindsay Cyclically Adjusted PS Ratio?

Lindsay STU:LMF 72 Cyclically Adjusted PS Ratio is 1.83 as of Jul. 16, 2026, which is 10% below its 10-year median of 2.04. GuruFocus rates STU:LMF with a GF Score™ of 72/100 and a GF Value™ of €108.11 (Fairly Valued). The stock has 3 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Lindsay ranks worse than 69.82% on this metric.

As of today (2026-07-16), Lindsay's current share price is €101.00. Lindsay's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €55.34. Lindsay's Cyclically Adjusted PS Ratio for today is 1.83.

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

STU:LMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.04   Max: 3.37
Current: 1.79

During the past years, Lindsay's highest Cyclically Adjusted PS Ratio was 3.37. The lowest was 1.63. And the median was 2.04.

STU:LMF's Cyclically Adjusted PS Ratio is ranked worse than
69.82% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.04 vs STU:LMF: 1.79

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.

Lindsay's adjusted revenue per share data for the three months ended in May. 2026 was €13.308. 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 €55.34 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindsay  (STU:LMF) 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.


Lindsay Cyclically Adjusted PS Ratio Related Terms


Lindsay Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lindsay'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.

Lindsay Cyclically Adjusted PS Ratio Chart

Lindsay Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 2.71 2.05 2.03 2.18

Lindsay Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.23 2.18 1.83 2.13 1.69

STU:LMF vs ASTE, AEBI, HY: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Lindsay'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.


Lindsay Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:LMF
72GF Score
Lindsay Corp STU:LMF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lindsay 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.00/55.34
=1.83

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=13.308/335.1230*335.1230
=13.308

Current CPI (May. 2026) = 335.1230.

Lindsay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 11.117 240.849 15.468
201611 9.594 241.353 13.321
201702 10.919 243.603 15.021
201705 12.811 244.733 17.543
201708 10.415 245.519 14.216
201711 9.879 246.669 13.422
201802 9.807 248.991 13.199
201805 13.302 251.588 17.719
201808 9.885 252.146 13.138
201811 9.117 252.038 12.122
201902 8.918 252.776 11.823
201905 10.008 256.092 13.097
201908 8.466 256.558 11.059
201911 9.143 257.208 11.913
202002 9.611 258.678 12.451
202005 10.379 256.394 13.566
202008 9.971 259.918 12.856
202011 8.429 260.229 10.855
202102 10.813 263.014 13.778
202105 12.079 269.195 15.037
202108 11.831 273.567 14.493
202111 13.201 277.948 15.916
202202 16.009 283.716 18.910
202205 18.391 292.296 21.086
202208 16.967 296.171 19.198
202211 15.607 297.711 17.568
202302 14.035 300.840 15.634
202305 13.698 304.127 15.094
202308 13.858 307.026 15.126
202311 13.482 307.051 14.715
202402 12.684 310.326 13.698
202405 11.674 314.069 12.457
202408 12.894 314.796 13.727
202411 14.366 315.493 15.260
202502 16.462 319.082 17.290
202505 13.751 321.465 14.335
202508 12.072 323.976 12.487
202511 12.598 324.122 13.026
202602 12.724 326.785 13.049
202605 13.308 335.123 13.308

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 1.83 mean?
Lindsay (STU:LMF) has a Cyclically Adjusted PS Ratio of 1.83 as of Jul. 16, 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 Lindsay and its competitors. This is 10% below median its historical median of 2.04. Over the past decade, Lindsay's Cyclically Adjusted PS Ratio has ranged from 1.63 to 3.37. According to the industry distribution chart, Lindsay ranks #118 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 69.8%.
Is Lindsay's Cyclically Adjusted PS Ratio too high?
Lindsay's current Cyclically Adjusted PS Ratio of 1.83 is 10% below median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 3.37. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.04. Lindsay's value of 1.83 is 76% above this industry median. Based on the distribution chart, Lindsay ranks #118 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Lindsay has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lindsay's Cyclically Adjusted PS Ratio compare to ASTE and AEBI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Lindsay ranks #118 out of 169 companies for Cyclically Adjusted PS Ratio. This places Lindsay in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Lindsay's value of 1.83 is 76% above this benchmark. Historically, Lindsay's own Cyclically Adjusted PS Ratio has ranged from 1.63 to 3.37 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.04, Lindsay 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.04, based on 169 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. Lindsay's current Cyclically Adjusted PS Ratio of 1.83 is 76% 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 Lindsay and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindsay's current Cyclically Adjusted PS Ratio is 1.83, which is 10% below median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindsay stock overvalued right now?
Based on GuruFocus' analysis, Lindsay (STU:LMF) is currently considered Fairly Valued. The stock's GF Value™ is €108.11, compared to a current price of €101.00 — trading 6.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.83, which is 10% below median its 10-year median of 2.04 and 76% above the Farm & Heavy Construction Machinery industry median of 1.04. Lindsay's overall GF Score™ is 72/100 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 Lindsay (STU:LMF), the current Cyclically Adjusted PS Ratio is 1.83 as of Jul. 16, 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 Lindsay (STU:LMF) Overvalued in 2026?

Based on GuruFocus' analysis, Lindsay stock appears to be undervalued. The current stock price of €101.00 is trading 6.6% below its estimated GF Value™ of €108.11. GuruFocus considers Lindsay to be Fairly Valued.

Key valuation signals for STU:LMF:

  • Cyclically Adjusted PS Ratio: 1.83 (10% below median its 10-year median of 2.04)
  • GF Value™: €108.11 vs. price of €101.00 (6.6% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 76% above the Farm & Heavy Construction Machinery median (#118 of 169)

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


Lindsay Business Description

Other Exchanges LNN:USALMF:Germany
Address 18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
Lindsay Corp provides proprietary water management and road infrastructure products and services. It manufactures and distributes agricultural irrigation equipment through two segments: Irrigation and Infrastructure. The Irrigation segment makes center pivot, lateral move, and hose reel irrigation systems and parts. The Infrastructure segment produces barriers, crash cushions, road marking and safety equipment, and railroad signals. The majority of revenue is from the Irrigation segment. The company operates in the United States and international markets, with the majority of revenue coming from the United States.
72GF Score

Get the complete analysis for STU:LMF

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

€101.00
Price
€108.11
GF Value