Leon's Furniture (TSX:LNF) Cyclically Adjusted PS Ratio: 0.65 (As of Jul. 16, 2026) — 17% Below Median

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TSX:LNF Leon's Furniture Ltd TSX:LNF
78 GF Score
Price C$23.64
GF Value C$25.37
Valuation Fairly Valued
! 3 Warning Signs
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What is Leon's Furniture Cyclically Adjusted PS Ratio?

Leon's Furniture TSX:LNF +0.51% 78 Cyclically Adjusted PS Ratio is 0.65 as of Jul. 16, 2026, which is 17% below its 10-year median of 0.78. GuruFocus rates TSX:LNF with a GF Score™ of 78/100 and a GF Value™ of C$25.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 794 Retail - Cyclical companies, Leon's Furniture ranks worse than 56.3% on this metric.

As of today (2026-07-16), Leon's Furniture's current share price is C$23.64. Leon's Furniture's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$36.16. Leon's Furniture's Cyclically Adjusted PS Ratio for today is 0.65.

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

TSX:LNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.78   Max: 1.19
Current: 0.65

During the past years, Leon's Furniture's highest Cyclically Adjusted PS Ratio was 1.19. The lowest was 0.50. And the median was 0.78.

TSX:LNF's Cyclically Adjusted PS Ratio is ranked worse than
56.3% of 794 companies
in the Retail - Cyclical industry
Industry Median: 0.495 vs TSX:LNF: 0.65

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.

Leon's Furniture's adjusted revenue per share data for the three months ended in Mar. 2026 was C$8.071. 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 C$36.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leon's Furniture  (TSX:LNF) 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.


Leon's Furniture Cyclically Adjusted PS Ratio Related Terms


Leon's Furniture Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Leon's Furniture'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.

Leon's Furniture Cyclically Adjusted PS Ratio Chart

Leon's Furniture 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 0.92 0.55 0.55 0.75 0.78

Leon's Furniture 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 0.68 0.79 0.81 0.78 0.72

TSX:LNF vs CASY, WSM, DKS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Leon's Furniture'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.


Leon's Furniture Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


TSX:LNF
78GF Score
Leon's Furniture Ltd TSX:LNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leon's Furniture 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.

Leon's Furniture's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.64/36.16
=0.65

* 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.

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

For example, Leon's Furniture'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)
=8.071/132.2623*132.2623
=8.071

Current CPI (Mar. 2026) = 132.2623.

Leon's Furniture Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.208 102.002 8.050
201609 6.937 101.765 9.016
201612 7.090 101.449 9.244
201703 5.837 102.634 7.522
201706 6.500 103.029 8.344
201709 7.183 103.345 9.193
201712 7.200 103.345 9.215
201803 6.041 105.004 7.609
201806 6.599 105.557 8.269
201809 7.153 105.636 8.956
201812 7.259 105.399 9.109
201903 5.960 106.979 7.369
201906 6.696 107.690 8.224
201909 7.183 107.611 8.828
201912 7.442 107.769 9.133
202003 6.001 107.927 7.354
202006 5.099 108.401 6.221
202009 7.746 108.164 9.472
202012 8.369 108.559 10.196
202103 7.109 110.298 8.525
202106 7.367 111.720 8.722
202109 8.716 112.905 10.210
202112 8.626 113.774 10.028
202203 7.980 117.646 8.971
202206 9.510 120.806 10.412
202209 9.738 120.648 10.675
202212 9.716 120.964 10.624
202303 7.471 122.702 8.053
202306 8.651 124.203 9.212
202309 9.630 125.230 10.171
202312 9.997 125.072 10.572
202403 8.191 126.258 8.581
202406 8.998 127.522 9.332
202409 9.497 127.285 9.868
202412 9.712 127.364 10.086
202503 8.442 129.181 8.643
202506 9.384 129.892 9.555
202509 9.872 130.287 10.022
202512 9.755 130.366 9.897
202603 8.071 132.262 8.071

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 0.65 mean?
Leon's Furniture (TSX:LNF) has a Cyclically Adjusted PS Ratio of 0.65 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 Leon's Furniture and its competitors. This is 17% below median its historical median of 0.78. Over the past decade, Leon's Furniture's Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.19. According to the industry distribution chart, Leon's Furniture ranks #447 out of 794 companies in the Retail - Cyclical industry, placing it in the top 56.3%.
Is Leon's Furniture's Cyclically Adjusted PS Ratio too high?
Leon's Furniture's current Cyclically Adjusted PS Ratio of 0.65 is 17% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.19. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Leon's Furniture's value of 0.65 is 31.3% above this industry median. Based on the distribution chart, Leon's Furniture ranks #447 out of 794 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Leon's Furniture has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leon's Furniture's Cyclically Adjusted PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Leon's Furniture ranks #447 out of 794 companies for Cyclically Adjusted PS Ratio. This places Leon's Furniture in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Leon's Furniture's value of 0.65 is 31.3% above this benchmark. Historically, Leon's Furniture's own Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.19 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.50, Leon's Furniture 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. Leon's Furniture's current Cyclically Adjusted PS Ratio of 0.65 is 31.3% 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 Leon's Furniture 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. Leon's Furniture's current Cyclically Adjusted PS Ratio is 0.65, which is 17% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leon's Furniture stock overvalued right now?
Based on GuruFocus' analysis, Leon's Furniture (TSX:LNF) is currently considered Fairly Valued. The stock's GF Value™ is C$25.37, compared to a current price of C$23.64 — trading 6.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.65, which is 17% below median its 10-year median of 0.78 and 31.3% above the Retail - Cyclical industry median of 0.50. Leon's Furniture's overall GF Score™ is 78/100 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 Leon's Furniture (TSX:LNF), the current Cyclically Adjusted PS Ratio is 0.65 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 Leon's Furniture (TSX:LNF) Overvalued in 2026?

Based on GuruFocus' analysis, Leon's Furniture stock appears to be undervalued. The current stock price of C$23.64 is trading 6.8% below its estimated GF Value™ of C$25.37. GuruFocus considers Leon's Furniture to be Fairly Valued.

Key valuation signals for TSX:LNF:

  • Cyclically Adjusted PS Ratio: 0.65 (17% below median its 10-year median of 0.78)
  • GF Value™: C$25.37 vs. price of C$23.64 (6.8% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 31.3% above the Retail - Cyclical median (#447 of 794)

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


Leon's Furniture Business Description

Other Exchanges LEFUF:USA74W:Germany
Address 45 Gordon Mackay Road, Toronto, ON, CAN, M9N 3X3
Leon's Furniture Ltd operates a network of home furniture, appliances, electronics, and mattress stores in Canada. Its retail banners include: Leon's; The Brick; Brick Outlet and The Brick Mattress Store, The Brick's Midnorthern Appliance, and Appliance Canada. The group's customers mainly include retail consumers, builders, developers, hotels, and property management companies. Additionally, it operates six e-commerce sites: leons.ca, thebrick.com, furniture.ca, midnorthern.com, transglobalservices.com, and applicancecanada.com. The group has two operating segments, Leon's and The Brick, which are aggregated into a single reportable segment. It generates maximum revenue from the sale of goods at stores, followed by income from franchise operations, the sale of extended warranties, etc.
78GF Score

Get the complete analysis for TSX:LNF

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

C$23.64
Price
C$25.37
GF Value