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LYTS (LSI Industries) Cyclically Adjusted PB Ratio : 3.02 (As of Dec. 12, 2024)


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What is LSI Industries Cyclically Adjusted PB Ratio?

As of today (2024-12-12), LSI Industries's current share price is $20.41. LSI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $6.76. LSI Industries's Cyclically Adjusted PB Ratio for today is 3.02.

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

LYTS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.26   Max: 3.05
Current: 2.97

During the past years, LSI Industries's highest Cyclically Adjusted PB Ratio was 3.05. The lowest was 0.41. And the median was 1.26.

LYTS's Cyclically Adjusted PB Ratio is ranked worse than
66.43% of 1689 companies
in the Hardware industry
Industry Median: 1.92 vs LYTS: 2.97

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

LSI Industries's adjusted book value per share data for the three months ended in Sep. 2024 was $7.088. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $6.76 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LSI Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LSI Industries's Cyclically Adjusted PB 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.

LSI Industries Cyclically Adjusted PB Ratio Chart

LSI Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.26 0.93 1.89 2.14

LSI Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB 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 2.38 2.13 2.25 2.14 2.39

Competitive Comparison of LSI Industries's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, LSI Industries's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


LSI Industries's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LSI Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where LSI Industries's Cyclically Adjusted PB Ratio falls into.



LSI Industries Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

LSI Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.41/6.76
=3.02

* 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.

LSI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, LSI Industries's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=7.088/133.0289*133.0289
=7.088

Current CPI (Sep. 2024) = 133.0289.

LSI Industries Quarterly Data

Book Value per Share CPI Adj_Book
201412 5.836 99.070 7.836
201503 5.837 99.621 7.794
201506 5.860 100.684 7.743
201509 6.071 100.392 8.045
201512 6.210 99.792 8.278
201603 6.202 100.470 8.212
201606 6.225 101.688 8.144
201609 6.276 101.861 8.196
201612 6.307 101.863 8.237
201703 6.289 102.862 8.133
201706 6.295 103.349 8.103
201709 5.655 104.136 7.224
201712 5.568 104.011 7.121
201803 5.535 105.290 6.993
201806 5.431 106.317 6.796
201809 5.468 106.507 6.830
201812 4.807 105.998 6.033
201903 4.643 107.251 5.759
201906 4.619 108.070 5.686
201909 4.728 108.329 5.806
201912 4.743 108.420 5.820
202003 4.767 108.902 5.823
202006 4.782 108.767 5.849
202009 4.838 109.815 5.861
202012 4.899 109.897 5.930
202103 4.948 111.754 5.890
202106 4.946 114.631 5.740
202109 5.087 115.734 5.847
202112 5.215 117.630 5.898
202203 5.350 121.301 5.867
202206 5.542 125.017 5.897
202209 5.534 125.227 5.879
202212 5.737 125.222 6.095
202303 5.917 127.348 6.181
202306 6.242 128.729 6.451
202309 6.460 129.860 6.618
202312 6.639 129.419 6.824
202403 6.816 131.776 6.881
202406 6.993 132.554 7.018
202409 7.088 133.029 7.088

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


LSI Industries  (NAS:LYTS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


LSI Industries Cyclically Adjusted PB Ratio Related Terms

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


LSI Industries Business Description

Industry
Traded in Other Exchanges
Address
10000 Alliance Road, Cincinnati, OH, USA, 45242
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Lighting segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays and custom display elements.
Executives
James Anthony Clark officer: CEO and President 10000 ALLIANCE ROAD, CINCINNATI OH 45242
James E Galeese officer: Executive VP; CFO LSI INDUSTRIES INC., 10000 ALLIANCE RD, CINCINNATI OH 45242
Thomas A Caneris officer: Sr. VP, HR and General Counsel 1901 CAMPUS PLACE, LOUISVILLE KY 40299
Jeffery S. Bastian officer: Chief Accounting Officer C/O LSI INDUSTRIES, 10000 ALLIANCE RD., CINCINNATI OH 45242
Michael A. Prachar officer: Chief Marketing Officer 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Ronald D Brown director 2090 FLORENCE AVENUE, CINCINNATI OH 45206
Amy Hanson director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Chantel E Lenard director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Robert P. Beech director 9938 ZIG ZAG ROAD, CINCINNATI OH 45242
Marshall Ernest W Jr director 1000 EATON BLVD, CLEVELAND OH 44122
Steve A. Brunker officer: CIO 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Sylvia M. Astrop officer: SVP Global Sourcing 10000 ALLIANCE ROAD, CINCINNATI OH 45242
John K Morgan director 1310 SEABOARD INDUSTRIAL BLVD, ATLANTA GA 30318
Michael C Beck officer: Sr Vice President - Operations 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Crawford C. Lipsey officer: Interim President and COO 10000 ALLIANCE ROAD, CINCINNATI OH 45242