Lena Lighting (WAR:LEN) Cyclically Adjusted PS Ratio: 0.29 (As of Jul. 27, 2026) — 50% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:LEN Lena Lighting SA WAR:LEN
73 GF Score
Price zł2.20
GF Value zł2.90
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Lena Lighting Cyclically Adjusted PS Ratio?

Lena Lighting WAR:LEN +0.92% 73 Cyclically Adjusted PS Ratio is 0.29 as of Jul. 27, 2026, which is 50% below its 10-year median of 0.58. GuruFocus rates WAR:LEN with a GF Score™ of 73/100 and a GF Value™ of zł2.90 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,301 Industrial Products companies, Lena Lighting ranks better than 90.13% on this metric.

As of today (2026-07-27), Lena Lighting's current share price is zł2.20. Lena Lighting's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł7.64. Lena Lighting's Cyclically Adjusted PS Ratio for today is 0.29.

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

WAR:LEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.58   Max: 1.03
Current: 0.29

During the past years, Lena Lighting's highest Cyclically Adjusted PS Ratio was 1.03. The lowest was 0.28. And the median was 0.58.

WAR:LEN's Cyclically Adjusted PS Ratio is ranked better than
90.13% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs WAR:LEN: 0.29

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.

Lena Lighting's adjusted revenue per share data for the three months ended in Mar. 2026 was zł1.337. 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 zł7.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lena Lighting  (WAR:LEN) 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.


Lena Lighting Cyclically Adjusted PS Ratio Related Terms


Lena Lighting Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lena Lighting'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.

Lena Lighting Cyclically Adjusted PS Ratio Chart

Lena Lighting 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 0.78 0.56 0.49 0.37 0.35

Lena Lighting 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 0.40 0.36 0.39 0.35 0.30

WAR:LEN vs VRT, BE, HUBB: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Lena Lighting'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.


Lena Lighting Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lena Lighting's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:LEN
73GF Score
Lena Lighting SA WAR:LEN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lena Lighting 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.

Lena Lighting's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.20/7.64
=0.29

* 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.

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

For example, Lena Lighting'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)
=1.337/163.0700*163.0700
=1.337

Current CPI (Mar. 2026) = 163.0700.

Lena Lighting Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.193 99.552 1.954
201609 1.354 99.064 2.229
201612 1.515 100.366 2.461
201703 1.238 101.018 1.998
201706 1.152 101.180 1.857
201709 1.456 101.343 2.343
201712 1.667 102.564 2.650
201803 1.264 102.564 2.010
201806 1.208 103.378 1.906
201809 1.325 103.378 2.090
201812 1.441 103.785 2.264
201903 1.179 104.274 1.844
201906 1.130 105.983 1.739
201909 1.241 105.983 1.909
201912 1.209 107.123 1.840
202003 1.153 109.076 1.724
202006 0.992 109.402 1.479
202009 1.281 109.320 1.911
202012 1.835 109.565 2.731
202103 1.456 112.658 2.108
202106 1.245 113.960 1.782
202109 1.358 115.588 1.916
202112 1.908 119.088 2.613
202203 1.632 125.031 2.129
202206 1.638 131.705 2.028
202209 1.661 135.531 1.999
202212 2.014 139.113 2.361
202303 1.657 145.950 1.851
202306 1.567 147.009 1.738
202309 1.633 146.113 1.823
202312 1.842 147.741 2.033
202403 1.343 149.044 1.469
202406 1.265 150.997 1.366
202409 1.318 153.439 1.401
202412 1.578 154.660 1.664
202503 1.325 157.021 1.376
202506 1.484 157.509 1.536
202509 1.383 158.000 1.427
202512 1.505 158.320 1.550
202603 1.337 163.070 1.337

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 0.29 mean?
Lena Lighting (WAR:LEN) has a Cyclically Adjusted PS Ratio of 0.29 as of Jul. 27, 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 Lena Lighting and its competitors. This is 50% below median its historical median of 0.58. Over the past decade, Lena Lighting's Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.03. According to the industry distribution chart, Lena Lighting ranks #227 out of 2301 companies in the Industrial Products industry, placing it in the top 9.9%.
Is Lena Lighting's Cyclically Adjusted PS Ratio too high?
Lena Lighting's current Cyclically Adjusted PS Ratio of 0.29 is 50% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.03. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Lena Lighting's value of 0.29 is 83% below this industry median. Based on the distribution chart, Lena Lighting ranks #227 out of 2301 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Lena Lighting has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lena Lighting's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Lena Lighting ranks #227 out of 2301 companies for Cyclically Adjusted PS Ratio. This places Lena Lighting in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.71. Lena Lighting's value of 0.29 is 83% below this benchmark. Historically, Lena Lighting's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.03 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.71, Lena Lighting 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,301 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. Lena Lighting's current Cyclically Adjusted PS Ratio of 0.29 is 83% 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 Lena Lighting and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lena Lighting's current Cyclically Adjusted PS Ratio is 0.29, which is 50% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lena Lighting stock overvalued right now?
Based on GuruFocus' analysis, Lena Lighting (WAR:LEN) is currently considered Modestly Undervalued. The stock's GF Value™ is zł2.90, compared to a current price of zł2.20 — trading 24.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.29, which is 50% below median its 10-year median of 0.58 and 83% below the Industrial Products industry median of 1.71. Lena Lighting's overall GF Score™ is 73/100 with 7 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 Lena Lighting (WAR:LEN), the current Cyclically Adjusted PS Ratio is 0.29 as of Jul. 27, 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 Lena Lighting (WAR:LEN) Overvalued in 2026?

Based on GuruFocus' analysis, Lena Lighting stock appears to be undervalued. The current stock price of zł2.20 is trading 24.1% below its estimated GF Value™ of zł2.90. GuruFocus considers Lena Lighting to be Modestly Undervalued.

Key valuation signals for WAR:LEN:

  • Cyclically Adjusted PS Ratio: 0.29 (50% below median its 10-year median of 0.58)
  • GF Value™: zł2.90 vs. price of zł2.20 (24.1% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 83% below the Industrial Products median (#227 of 2301)

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


Lena Lighting Business Description

Address ul. Kornicka 52, Sroda Wielkopolska, POL, 63-000
Lena Lighting SA is a Poland based producer of professional, investment light fittings. Its products include surface-mounted wall and ceiling fitting for use with fluorescent tubes; one-sided and double-sided evacuation lighting fittings.
73GF Score

Get the complete analysis for WAR:LEN

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

zł2.20
Price
zł2.90
GF Value