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LOW (Lowe's) Cyclically Adjusted PS Ratio : 1.73 (As of Jul. 03, 2025)


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What is Lowe's Cyclically Adjusted PS Ratio?

As of today (2025-07-03), Lowe's's current share price is $227.88. Lowe's's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 was $131.56. Lowe's's Cyclically Adjusted PS Ratio for today is 1.73.

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

LOW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.81   Max: 3
Current: 1.72

During the past years, Lowe's's highest Cyclically Adjusted PS Ratio was 3.00. The lowest was 0.99. And the median was 1.81.

LOW's Cyclically Adjusted PS Ratio is ranked worse than
78.41% of 690 companies
in the Retail - Cyclical industry
Industry Median: 0.595 vs LOW: 1.72

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.

Lowe's's adjusted revenue per share data for the three months ended in Apr. 2025 was $37.375. 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 $131.56 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lowe's Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lowe's'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.

* Premium members only.

Lowe's Cyclically Adjusted PS Ratio Chart

Lowe's Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 2.62 1.96 1.81 2.02

Lowe's Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 1.87 1.98 2.07 2.02 1.70

Competitive Comparison of Lowe's's Cyclically Adjusted PS Ratio

For the Home Improvement Retail subindustry, Lowe's'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.


Lowe's's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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


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Lowe's 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=227.88/131.56
=1.73

* 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.

Lowe's's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Lowe's's adjusted Revenue per Share data for the three months ended in Apr. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=37.375/135.3468*135.3468
=37.375

Current CPI (Apr. 2025) = 135.3468.

Lowe's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201507 18.594 100.691 24.994
201510 15.592 100.346 21.030
201601 14.561 99.957 19.716
201604 16.945 100.947 22.719
201607 20.633 101.524 27.507
201610 18.008 101.988 23.898
201701 18.184 102.456 24.021
201704 19.650 103.167 25.779
201707 23.153 103.278 30.342
201710 20.156 104.070 26.214
201801 18.713 104.578 24.219
201804 21.017 105.708 26.910
201807 25.661 106.324 32.666
201810 21.580 106.695 27.375
201901 19.559 106.200 24.927
201904 22.260 107.818 27.943
201907 26.878 108.250 33.606
201910 22.582 108.577 28.150
202001 21.005 108.841 26.120
202004 26.025 108.173 32.563
202007 36.258 109.318 44.891
202010 29.588 109.861 36.452
202101 27.522 110.364 33.752
202104 33.919 112.673 40.745
202107 38.996 115.183 45.823
202110 33.214 116.696 38.522
202201 31.197 118.619 35.596
202204 35.739 121.978 39.656
202207 42.998 125.002 46.556
202210 37.869 125.734 40.764
202301 37.191 126.223 39.879
202304 37.432 127.992 39.583
202307 42.660 128.974 44.768
202310 35.478 129.810 36.991
202401 32.399 130.124 33.699
202404 37.350 132.289 38.213
202407 41.379 132.708 42.202
202410 35.636 133.182 36.215
202501 32.897 134.029 33.220
202504 37.375 135.347 37.375

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.


Lowe's  (NYSE:LOW) 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.


Lowe's Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Lowe's's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lowe's Business Description

Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer in the world, operating 1,750 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's primarily targets retail do-it-yourself (around 70% of sales) and do-it-for-me customers, but has expanded its commercial and professional business clients to 30% from less than 20% in the past six years. We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.
Executives
Quonta D Vance officer: EVP, Pro & Home Services 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Joseph Michael Mcfarland officer: EVP, Stores 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Seemantini Godbole officer: EVP, Chief Information Officer 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Griggs Dan Clayton Jr officer: Vice President, CAO 1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Brandon J Sink officer: EVP, Chief Financial Officer 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Janice Dupre Little officer: EVP Human Resources 1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Donald Frieson officer: EVP, Supply Chain 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
William P Boltz officer: EVP, Merchandising 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Juliette Williams Pryor officer: EVP, CLO & Corp. Sec. 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Ross W Mccanless officer: SR VP Gen Counsel & Secretary
Scott H Baxter director 400 NORTH ELM STREET, GREENSBORO NC 27401
Taylor Colleen director C/O BILL.COM HOLDINGS, INC., 1800 EMBARCADERO ROAD, PALO ALTO CA 94303
Stone West Mary E director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Daniel J Heinrich director CLOROX CO, 1221 BROADWAY, OAKLAND CA 94612
David H Batchelder director 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117