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.
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.
Tandy Leather FactoryTLF +0.76%51 Shiller PE Ratio is 9.78 as of Sep. 09, 2026, which is 14% below its 10-year median of 11.43. GuruFocus rates TLF with a GF Score™ of 51/100 and a GF Value™ of $4.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 585 Retail - Cyclical companies, Tandy Leather Factory ranks better than 77.44% on this metric.
The historical rank and industry rank for Tandy Leather Factory's Shiller PE Ratio or its related term are showing as below:
TLF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.25 Med: 11.43 Max: 19.5
Current: 9.93
During the past years, Tandy Leather Factory's highest Shiller PE Ratio was 19.50. The lowest was 6.25. And the median was 11.43.
TLF's Shiller PE Ratio is ranked better than 77.44% of 585
companies
in the Retail - Cyclical industry
Industry Median: 17.58
vs TLF: 9.93
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.
Tandy Leather Factory's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.27 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tandy Leather Factory (NAS:TLF) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Tandy Leather Factory Shiller PE Ratio Related Terms
Tandy Leather Factory Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Tandy Leather Factory's Shiller PE 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.
TLF vs RECT, AETN, BWTL: Shiller PE Ratio Comparison
For the Specialty Retail subindustry, Tandy Leather Factory's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.
Tandy Leather Factory Shiller PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tandy Leather Factory's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Tandy Leather Factory's Shiller PE Ratio falls into.
Tandy Leather Factory Shiller PE Ratio Calculation
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our E10.
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.
Tandy Leather Factory (TLF) has a Shiller PE Ratio of 9.78 as of Sep. 09, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Tandy Leather Factory and its competitors. This is 14% below median its historical median of 11.43. Over the past decade, Tandy Leather Factory's Shiller PE Ratio has ranged from 6.25 to 19.50. According to the industry distribution chart, Tandy Leather Factory ranks #132 out of 585 companies in the Retail - Cyclical industry, placing it in the top 22.6%.
Is Tandy Leather Factory's Shiller PE Ratio too high?
Tandy Leather Factory's current Shiller PE Ratio of 9.78 is 14% below median its 10-year median of 11.43. Over the past 10 years, this metric has ranged from a low of 6.25 to a high of 19.50. The Retail - Cyclical industry median Shiller PE Ratio is 17.58. Tandy Leather Factory's value of 9.78 is 44.4% below this industry median. Based on the distribution chart, Tandy Leather Factory ranks #132 out of 585 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tandy Leather Factory has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tandy Leather Factory's Shiller PE Ratio compare to RECT and AETN?
According to the Retail - Cyclical industry distribution chart, Tandy Leather Factory ranks #132 out of 585 companies for Shiller PE Ratio. This places Tandy Leather Factory in the top 23% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 17.58. Tandy Leather Factory's value of 9.78 is 44.4% below this benchmark. Historically, Tandy Leather Factory's own Shiller PE Ratio has ranged from 6.25 to 19.50 over the past decade. While the company's 10-year median is 11.43 vs. the industry median of 17.58, Tandy Leather Factory 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 Shiller PE Ratio for a Retail - Cyclical company?
The median Shiller PE Ratio among Retail - Cyclical companies is 17.58, based on 585 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tandy Leather Factory's current Shiller PE Ratio of 9.78 is 44.4% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Tandy Leather Factory and its competitors. For the Retail - Cyclical industry, the median Shiller PE Ratio is 17.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandy Leather Factory's current Shiller PE Ratio is 9.78, which is 14% below median its own 10-year median of 11.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandy Leather Factory stock overvalued right now?
Based on GuruFocus' analysis, Tandy Leather Factory (TLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $4.23, compared to a current price of $2.64 — trading 37.6% below its estimated fair value. The current Shiller PE Ratio is 9.78, which is 14% below median its 10-year median of 11.43 and 44.4% below the Retail - Cyclical industry median of 17.58. Tandy Leather Factory's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Tandy Leather Factory (TLF), the current Shiller PE Ratio is 9.78 as of Sep. 09, 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 Tandy Leather Factory (TLF) Overvalued in 2026?
Based on GuruFocus' analysis, Tandy Leather Factory stock appears to be undervalued.
The current stock price of $2.64 is trading 37.6% below its estimated GF Value™ of $4.23.
GuruFocus considers Tandy Leather Factory to be Significantly Undervalued.
Key valuation signals for TLF:
Shiller PE Ratio: 9.78 (14% below median its 10-year median of 11.43)
GF Value™: $4.23 vs. price of $2.64 (37.6% below fair value)
Industry Position: 44.4% below the Retail - Cyclical median (#132 of 585)
No single metric tells the full story. See the TLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tandy Leather Factory Inc is a specialty retailers of leather and leathercraft-related items. Its primary line of business is the sale of leather, leather crafts, and related supplies. Its broad line of leather and related products includes leather, leatherworking tools, leather dyes and finishes, and do-it-yourself kits. Its products include Leather, tools, Hardware, Supplies, Kits, Books and Patterns, and Gift cards. The company sells its products primarily through company-owned stores and through orders generated from its global websites, and through direct account representatives in its commercial division. Geographically the company operates within the United States, and Canada. it generates the highest revenue from the United States.
51GF Score
Get the complete analysis for TLF
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TLF has been successfully added to your 
