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LG Display Co (WBO:LGA) Cyclically Adjusted PS Ratio : 0.13 (As of May. 25, 2024)


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What is LG Display Co Cyclically Adjusted PS Ratio?

As of today (2024-05-25), LG Display Co's current share price is €3.38. LG Display Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €26.94. LG Display Co's Cyclically Adjusted PS Ratio for today is 0.13.

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

WBO:LGA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.28   Max: 0.58
Current: 0.13

During the past years, LG Display Co's highest Cyclically Adjusted PS Ratio was 0.58. The lowest was 0.12. And the median was 0.28.

WBO:LGA's Cyclically Adjusted PS Ratio is ranked better than
93.7% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs WBO:LGA: 0.13

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.

LG Display Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.721. 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 €26.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LG Display Co'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.

LG Display Co Cyclically Adjusted PS Ratio Chart

LG Display Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.23 0.29 0.15 0.15

LG Display Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.19 0.19 0.15 0.15 0.14

Competitive Comparison of LG Display Co's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, LG Display Co'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.


LG Display Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



LG Display Co 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.

LG Display Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.38/26.94
=0.13

* 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.

LG Display Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, LG Display Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.721/118.8477*118.8477
=4.721

Current CPI (Mar. 2024) = 118.8477.

LG Display Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.811 99.353 6.951
201409 6.597 99.608 7.871
201412 8.254 99.098 9.899
201503 7.843 99.720 9.347
201506 7.222 100.050 8.579
201509 7.244 100.110 8.600
201512 7.912 100.220 9.383
201603 6.123 100.560 7.237
201606 6.016 100.790 7.094
201609 7.271 101.460 8.517
201612 8.554 101.560 10.010
201703 7.834 102.850 9.053
201706 7.018 102.610 8.129
201709 6.955 103.490 7.987
201712 7.480 102.990 8.632
201803 5.787 104.100 6.607
201806 5.904 104.130 6.738
201809 6.282 105.650 7.067
201812 7.319 104.350 8.336
201903 6.185 104.490 7.035
201906 5.430 104.880 6.153
201909 5.955 105.200 6.728
201912 6.618 105.120 7.482
202003 4.721 105.540 5.316
202006 5.252 104.870 5.952
202009 6.538 106.200 7.317
202012 7.574 105.765 8.511
202103 6.881 107.357 7.617
202106 6.928 107.579 7.654
202109 6.318 108.759 6.904
202112 8.856 109.676 9.597
202203 6.475 111.806 6.883
202206 4.994 114.083 5.203
202209 5.980 114.831 6.189
202212 7.168 115.200 7.395
202303 4.141 116.550 4.223
202306 4.535 117.140 4.601
202309 4.521 119.111 4.511
202312 6.994 118.848 6.994
202403 4.721 118.848 4.721

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.


LG Display Co  (WBO:LGA) 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.


LG Display Co Cyclically Adjusted PS Ratio Related Terms

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


LG Display Co (WBO:LGA) Business Description

Industry
Traded in Other Exchanges
Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.

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