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Lanka Milk Foods (CWE) (COL:LMF.N0000) Cyclically Adjusted PS Ratio : 1.44 (As of May. 26, 2024)


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What is Lanka Milk Foods (CWE) Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Lanka Milk Foods (CWE)'s current share price is රු31.60. Lanka Milk Foods (CWE)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was රු22.02. Lanka Milk Foods (CWE)'s Cyclically Adjusted PS Ratio for today is 1.44.

The historical rank and industry rank for Lanka Milk Foods (CWE)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

COL:LMF.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.81   Max: 1.69
Current: 1.43

During the past years, Lanka Milk Foods (CWE)'s highest Cyclically Adjusted PS Ratio was 1.69. The lowest was 0.56. And the median was 0.81.

COL:LMF.N0000's Cyclically Adjusted PS Ratio is ranked worse than
67.1% of 1377 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs COL:LMF.N0000: 1.43

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.

Lanka Milk Foods (CWE)'s adjusted revenue per share data for the three months ended in Dec. 2023 was රු10.668. 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 රු22.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lanka Milk Foods (CWE) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lanka Milk Foods (CWE)'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.

Lanka Milk Foods (CWE) Cyclically Adjusted PS Ratio Chart

Lanka Milk Foods (CWE) 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 - - - 0.78 0.72

Lanka Milk Foods (CWE) 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 0.65 0.72 0.67 0.79 1.04

Competitive Comparison of Lanka Milk Foods (CWE)'s Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Lanka Milk Foods (CWE)'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.


Lanka Milk Foods (CWE)'s Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lanka Milk Foods (CWE)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lanka Milk Foods (CWE)'s Cyclically Adjusted PS Ratio falls into.



Lanka Milk Foods (CWE) 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.

Lanka Milk Foods (CWE)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.60/22.02
=1.44

* 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.

Lanka Milk Foods (CWE)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lanka Milk Foods (CWE)'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)
=10.668/129.4194*129.4194
=10.668

Current CPI (Dec. 2023) = 129.4194.

Lanka Milk Foods (CWE) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.183 99.695 2.834
201406 2.180 100.560 2.806
201409 2.559 100.428 3.298
201412 2.785 99.070 3.638
201503 2.350 99.621 3.053
201506 3.502 100.684 4.501
201509 2.955 100.392 3.809
201512 3.264 99.792 4.233
201603 2.754 100.470 3.548
201606 3.492 101.688 4.444
201609 3.864 101.861 4.909
201612 4.029 101.863 5.119
201703 2.763 102.862 3.476
201706 3.019 103.349 3.781
201709 3.852 104.136 4.787
201712 3.448 104.011 4.290
201803 2.864 105.290 3.520
201806 3.252 106.317 3.959
201809 3.621 106.507 4.400
201812 3.633 105.998 4.436
201903 2.556 107.251 3.084
201906 3.962 108.070 4.745
201909 4.323 108.329 5.165
201912 4.196 108.420 5.009
202003 4.286 108.902 5.094
202006 4.810 108.767 5.723
202009 4.917 109.815 5.795
202012 4.822 109.897 5.679
202103 4.444 111.754 5.146
202106 5.789 114.631 6.536
202109 5.622 115.734 6.287
202112 6.190 117.630 6.810
202203 6.823 121.301 7.280
202206 7.851 125.017 8.127
202209 9.439 125.227 9.755
202212 9.509 125.222 9.828
202303 8.656 127.348 8.797
202306 10.847 128.729 10.905
202309 10.927 129.860 10.890
202312 10.668 129.419 10.668

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.


Lanka Milk Foods (CWE)  (COL:LMF.N0000) 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.


Lanka Milk Foods (CWE) Cyclically Adjusted PS Ratio Related Terms

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


Lanka Milk Foods (CWE) (COL:LMF.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 579/1, Welisara, Ragama, LKA
Lanka Milk Foods (CWE) PLC is engaged in the business of importing, packing, manufacturing, marketing, and distributing milk allied products. The company's operating segment includes Powdered Milk; Liquid Milk and Others, Agriculture and Trading. It generates maximum revenue from the Liquid Milk and Others segment. The Liquid Milk and Others segment includes the operating chain of packing and selling of UHT products, Daily, Ambewela Farm Fresh Milk, and fruit juice.

Lanka Milk Foods (CWE) (COL:LMF.N0000) Headlines

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