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Lendlease Group (Lendlease Group) Cyclically Adjusted PS Ratio : 0.24 (As of Apr. 30, 2024)


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What is Lendlease Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Lendlease Group's current share price is $4.20. Lendlease Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $17.57. Lendlease Group's Cyclically Adjusted PS Ratio for today is 0.24.

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

LLESY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.46   Max: 0.77
Current: 0.24

During the past 13 years, Lendlease Group's highest Cyclically Adjusted PS Ratio was 0.77. The lowest was 0.23. And the median was 0.46.

LLESY's Cyclically Adjusted PS Ratio is ranked better than
88.4% of 1362 companies
in the Real Estate industry
Industry Median: 1.715 vs LLESY: 0.24

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.

Lendlease Group's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $10.051. 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 $17.57 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lendlease Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lendlease Group'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.

Lendlease Group Cyclically Adjusted PS Ratio Chart

Lendlease Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.48 0.44 0.34 0.29

Lendlease Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.34 - 0.29 -

Competitive Comparison of Lendlease Group's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Lendlease 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.


Lendlease Group's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lendlease Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lendlease Group 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.

Lendlease Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.20/17.57
=0.24

* 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.

Lendlease Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Lendlease Group's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=10.051/124.1700*124.1700
=10.051

Current CPI (Jun23) = 124.1700.

Lendlease Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.907 98.352 30.183
201506 18.548 99.838 23.069
201606 20.131 100.859 24.784
201706 22.366 102.809 27.013
201806 21.322 104.945 25.228
201906 20.377 106.617 23.732
202006 13.447 106.246 15.716
202106 10.937 110.332 12.309
202206 9.077 117.112 9.624
202306 10.051 124.170 10.051

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.


Lendlease Group  (OTCPK:LLESY) 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.


Lendlease Group Cyclically Adjusted PS Ratio Related Terms

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


Lendlease Group (Lendlease Group) Business Description

Traded in Other Exchanges
Address
Level 14, Tower Three, 300 Barangaroo Avenue, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000
Lendlease's business comprises three segments: development, investments, and construction. Development accounted for more than half of EBITDA in 2020, and the future pipeline is so large it cannot be funded from its own balance sheet. The group is selling stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also reducing its exposure to retirement living.