Lamar Advertising Co (BSP:L1AM34) Cyclically Adjusted PS Ratio: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:L1AM34 Lamar Advertising Co BSP:L1AM34
85 GF Score
Price R$45.15
GF Value R$35.30
! 9 Warning Signs
View Full Analysis

What is Lamar Advertising Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lamar Advertising Co  (BSP:L1AM34) 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.


Lamar Advertising Co Cyclically Adjusted PS Ratio Related Terms


Lamar Advertising Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lamar Advertising 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.

Lamar Advertising Co Cyclically Adjusted PS Ratio Chart

Lamar Advertising Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.10 5.08 5.44 5.94 5.93

Lamar Advertising Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.47 5.76 5.74 5.93 5.81

BSP:L1AM34 vs WY, SBAC, GLPI: Cyclically Adjusted PS Ratio Comparison

For the REIT - Specialty subindustry, Lamar Advertising 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.


Lamar Advertising Co Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Lamar Advertising Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:L1AM34
85GF Score
Lamar Advertising Co BSP:L1AM34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lamar Advertising 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.

Lamar Advertising Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Lamar Advertising Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=27.218/330.2130*330.2130
=27.218

Current CPI (Mar. 2026) = 330.2130.

Lamar Advertising Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.575 241.018 18.599
201609 12.879 241.428 17.615
201612 13.252 241.432 18.125
201703 11.037 243.801 14.949
201706 13.292 244.955 17.918
201709 12.701 246.819 16.992
201712 13.335 246.524 17.862
201803 11.991 249.554 15.867
201806 16.017 251.989 20.989
201809 17.324 252.439 22.661
201812 16.661 251.233 21.899
201903 14.778 254.202 19.197
201906 17.264 256.143 22.256
201909 18.761 256.759 24.128
201912 18.867 256.974 24.244
202003 19.693 258.115 25.194
202006 17.883 257.797 22.906
202009 20.659 260.280 26.210
202012 21.822 260.474 27.665
202103 20.664 264.877 25.761
202106 22.086 271.696 26.843
202109 24.827 274.310 29.887
202112 27.553 278.802 32.634
202203 22.122 287.504 25.408
202206 25.713 296.311 28.655
202209 27.196 296.808 30.257
202212 27.609 296.797 30.717
202303 24.077 301.836 26.341
202306 25.724 305.109 27.841
202309 26.239 307.789 28.151
202312 26.659 306.746 28.698
202403 24.214 312.332 25.600
202406 29.675 314.175 31.190
202409 30.444 315.301 31.884
202412 34.463 315.605 36.058
202503 28.311 319.799 29.233
202506 31.605 322.561 32.355
202509 30.997 324.800 31.514
202512 32.071 324.054 32.681
202603 27.218 330.213 27.218

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.

Is Lamar Advertising Co (BSP:L1AM34) Overvalued in 2026?

Based on GuruFocus' analysis, Lamar Advertising Co stock appears to be overvalued. The current stock price of R$45.15 is trading 27.9% above its estimated GF Value™ of R$35.30.

Key valuation signals for BSP:L1AM34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$35.30 vs. price of R$45.15 (27.9% above fair value)
  • GF Score™: 85/100 with 9 warning signs

No single metric tells the full story. See the BSP:L1AM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lamar Advertising Co Business Description

Industry Real EstateREITs
Other Exchanges LAMR:USA6LA:Germany
Address 5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808
Lamar Advertising Co is an outdoor advertising company that operates as a real estate investment trust. It is engaged in the outdoor advertising business, operating outdoor advertising displays and logo signs mainly near highway exits, delivering brand-name information on available gas, food, lodging, and camping services. Included in the company's logo sign business are tourism signing contracts. It also provides transit advertising services in airport terminals, on bus shelters, benches, and buses. The company manages its operations through three operating segments: Billboard, which generates maximum revenue, Logo, and Transit Advertising. Geographically, it operates in the United States and Canada.
85GF Score

Get the complete analysis for BSP:L1AM34

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$45.15
Price
R$35.30
GF Value