GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » LY Corp (OTCPK:YAHOY) » Definitions » Cyclically Adjusted PS Ratio

LY (YAHOY) Cyclically Adjusted PS Ratio : 1.84 (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is LY Cyclically Adjusted PS Ratio?

As of today (2024-04-27), LY's current share price is $4.79. LY's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.61. LY's Cyclically Adjusted PS Ratio for today is 1.84.

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

YAHOY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 3.82   Max: 7.42
Current: 2.01

During the past years, LY's highest Cyclically Adjusted PS Ratio was 7.42. The lowest was 1.87. And the median was 3.82.

YAHOY's Cyclically Adjusted PS Ratio is ranked worse than
85.77% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.475 vs YAHOY: 2.01

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.

LY's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.876. 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 $2.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LY Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LY'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.

LY Cyclically Adjusted PS Ratio Chart

LY Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 3.02 4.16 3.60 2.20

LY Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.01 2.20 1.98 2.30 2.69

Competitive Comparison of LY's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, LY'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.


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

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

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



LY 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.79/2.61
=1.84

* 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.

LY's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, LY's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.876/106.8000*106.8000
=0.876

Current CPI (Dec. 2023) = 106.8000.

LY Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.369 95.700 0.412
201406 0.344 98.000 0.375
201409 0.338 98.500 0.366
201412 0.317 97.900 0.346
201503 0.343 97.900 0.374
201506 0.314 98.400 0.341
201509 0.404 98.500 0.438
201512 0.567 98.100 0.617
201603 0.643 97.900 0.701
201606 0.681 98.100 0.741
201609 0.709 98.000 0.773
201612 0.670 98.400 0.727
201703 0.693 98.100 0.754
201706 0.674 98.500 0.731
201709 0.683 98.800 0.738
201712 0.718 99.400 0.771
201803 0.790 99.200 0.851
201806 0.740 99.200 0.797
201809 0.758 99.900 0.810
201812 0.851 99.700 0.912
201903 0.874 99.700 0.936
201906 0.871 99.800 0.932
201909 0.959 100.100 1.023
201912 1.060 100.500 1.126
202003 1.144 100.300 1.218
202006 1.069 99.900 1.143
202009 1.127 99.900 1.205
202012 1.281 99.300 1.378
202103 0.804 99.900 0.860
202106 0.889 99.500 0.954
202109 0.896 100.100 0.956
202112 0.942 100.100 1.005
202203 0.908 101.100 0.959
202206 0.776 101.800 0.814
202209 0.734 103.100 0.760
202212 0.895 104.100 0.918
202303 0.864 104.400 0.884
202306 0.810 105.200 0.822
202309 0.794 106.200 0.798
202312 0.876 106.800 0.876

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.


LY  (OTCPK:YAHOY) 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.


LY Cyclically Adjusted PS Ratio Related Terms

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


LY (YAHOY) Business Description

Address
Tokyo Kioicho Kioi Tower, 1-3 Kioicho Chiyoda Ward, Tokyo Garden Terrace, Tokyo, JPN, 102 - 8282
LY Corp's portal site, Yahoo Japan, was one of the first internet services in Japan, and it has maintained its market-leading position in terms of monthly active user numbers and page views. In addition, the company offers a variety of internet services, including e-commerce, online travel, and online video. In October 2013, the firm began a new e-commerce strategy of waiving store tenant fees and sales royalty fees on its Yahoo Shopping service to compete with Rakuten and Amazon Japan. The company acquired Zozo in 2019 and integrates Line in 2021.

LY (YAHOY) Headlines

From GuruFocus

Matthews Japan Fund 2nd Quarter Commentary

By Holly LaFon Holly LaFon 08-02-2019

Matthews Japan Fund Comments on Yahoo Japan

By Holly LaFon Holly LaFon 08-06-2019

Charles de Vaulx's IVA Funds 2020 Semi-Annual Report

By Sydnee Gatewood Sydnee Gatewood 06-01-2020