Lenovo Group (FRA:LHL) Cyclically Adjusted Revenue per Share: €4.30 (As of Mar. 2026)

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FRA:LHL Lenovo Group Ltd FRA:LHL
72 GF Score
Price €2.44
GF Value €1.29
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lenovo Group Cyclically Adjusted Revenue per Share?

Lenovo Group FRA:LHL -2.40% 72 Cyclically Adjusted Revenue per Share is €4.30 as of Mar. 2026. GuruFocus rates FRA:LHL with a GF Score™ of 72/100 and a GF Value™ of €1.29 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Lenovo Group's adjusted revenue per share for the three months ended in Mar. 2026 was €1.268. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €4.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lenovo Group's average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Lenovo Group was 14.50% per year. The lowest was 2.10% per year. And the median was 6.60% per year.

As of today (2026-07-31), Lenovo Group's current stock price is €2.44. Lenovo Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.30. Lenovo Group's Cyclically Adjusted PS Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lenovo Group was 0.63. The lowest was 0.12. And the median was 0.22.


Lenovo Group  (FRA:LHL) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Lenovo Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.44/4.30
=0.57

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lenovo Group was 0.63. The lowest was 0.12. And the median was 0.22.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Lenovo Group Cyclically Adjusted Revenue per Share Related Terms


Lenovo Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Lenovo Group's Cyclically Adjusted Revenue per Share 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.

Lenovo Group Cyclically Adjusted Revenue per Share Chart

Lenovo Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 4.30 4.35 4.54 4.30

Lenovo Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 4.54 4.15 4.18 4.26 4.30

FRA:LHL vs DELL, ANET, SNDK: Cyclically Adjusted Revenue per Share Comparison

For the Computer Hardware subindustry, Lenovo Group'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.


Lenovo Group Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Lenovo Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:LHL
72GF Score
Lenovo Group Ltd FRA:LHL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lenovo Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Lenovo Group'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)
=1.268/121.4731*121.4731
=1.268

Current CPI (Mar. 2026) = 121.4731.

Lenovo Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.809 101.686 0.966
201609 0.906 102.565 1.073
201612 1.049 103.225 1.234
201703 0.817 103.335 0.960
201706 0.814 103.664 0.954
201709 0.896 103.994 1.047
201712 0.957 104.984 1.107
201803 0.728 105.973 0.834
201806 0.860 106.193 0.984
201809 0.955 106.852 1.086
201812 1.015 107.622 1.146
201903 0.841 108.172 0.944
201906 0.856 109.601 0.949
201909 0.947 110.260 1.043
201912 0.988 110.700 1.084
202003 0.754 110.920 0.826
202006 0.943 110.590 1.036
202009 0.960 107.512 1.085
202012 1.084 109.711 1.200
202103 0.932 111.579 1.015
202106 1.044 111.360 1.139
202109 1.157 109.051 1.289
202112 1.353 112.349 1.463
202203 1.187 113.558 1.270
202206 1.226 113.448 1.313
202209 1.317 113.778 1.406
202212 1.103 114.548 1.170
202303 0.935 115.427 0.984
202306 0.914 115.647 0.960
202309 1.034 116.087 1.082
202312 1.104 117.296 1.143
202403 0.979 117.735 1.010
202406 1.096 117.296 1.135
202409 1.222 118.615 1.251
202412 1.370 118.945 1.399
202503 1.156 119.384 1.176
202506 1.107 119.055 1.129
202509 1.172 119.934 1.187
202512 1.529 120.704 1.539
202603 1.268 121.473 1.268

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €4.30 mean?
Lenovo Group (FRA:LHL) has a Cyclically Adjusted Revenue per Share of €4.30 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Lenovo Group and its competitors.
Is Lenovo Group's Cyclically Adjusted Revenue per Share too high?
Lenovo Group's current Cyclically Adjusted Revenue per Share is €4.30. Overall, Lenovo Group has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lenovo Group's Cyclically Adjusted Revenue per Share compare to DELL and ANET?
Lenovo Group's Cyclically Adjusted Revenue per Share of €4.30 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Lenovo Group and its competitors. Lenovo Group's current Cyclically Adjusted Revenue per Share is €4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenovo Group stock overvalued right now?
Based on GuruFocus' analysis, Lenovo Group (FRA:LHL) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.29, compared to a current price of €2.44 — trading 89.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.30. Lenovo Group's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Lenovo Group (FRA:LHL), the current Cyclically Adjusted Revenue per Share is €4.30 as of Mar. 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 Lenovo Group (FRA:LHL) Overvalued in 2026?

Based on GuruFocus' analysis, Lenovo Group stock appears to be overvalued. The current stock price of €2.44 is trading 89.1% above its estimated GF Value™ of €1.29. GuruFocus considers Lenovo Group to be Significantly Overvalued.

Key valuation signals for FRA:LHL:

  • Cyclically Adjusted Revenue per Share: €4.30
  • GF Value™: €1.29 vs. price of €2.44 (89.1% above fair value)
  • GF Score™: 72/100 with 4 warning signs

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


Lenovo Group Business Description

Address 979 King\'s Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 23% of overall sales in fiscal 2025, from 6% in 2015.
72GF Score

Get the complete analysis for FRA:LHL

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

€2.44
Price
€1.29
GF Value