GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Investment AB Latour (FRA:18LB) » Definitions » Cyclically Adjusted PS Ratio

Investment AB Latour (FRA:18LB) Cyclically Adjusted PS Ratio : 10.94 (As of Jun. 19, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Investment AB Latour Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Investment AB Latour's current share price is €25.60. Investment AB Latour's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.34. Investment AB Latour's Cyclically Adjusted PS Ratio for today is 10.94.

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

FRA:18LB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.21   Med: 10.17   Max: 20.92
Current: 10.81

During the past years, Investment AB Latour's highest Cyclically Adjusted PS Ratio was 20.92. The lowest was 7.21. And the median was 10.17.

FRA:18LB's Cyclically Adjusted PS Ratio is ranked worse than
66.74% of 878 companies
in the Asset Management industry
Industry Median: 7.635 vs FRA:18LB: 10.81

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.

Investment AB Latour's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.844. 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 €2.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investment AB Latour Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Cyclically Adjusted PS Ratio Chart

Investment AB Latour 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 10.43 12.63 20.52 8.75 10.03

Investment AB Latour 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 9.03 8.75 7.65 10.03 10.50

Competitive Comparison of Investment AB Latour's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Investment AB Latour'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.


Investment AB Latour's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment AB Latour's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Investment AB Latour 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.

Investment AB Latour's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.60/2.34
=10.94

* 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.

Investment AB Latour's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Investment AB Latour'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)
=0.844/132.2054*132.2054
=0.844

Current CPI (Mar. 2024) = 132.2054.

Investment AB Latour Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.334 100.432 0.440
201409 0.268 100.161 0.354
201412 0.284 100.225 0.375
201503 0.284 99.950 0.376
201506 0.303 99.995 0.401
201509 0.293 100.228 0.386
201512 0.579 100.276 0.763
201603 0.305 100.751 0.400
201606 0.364 101.019 0.476
201609 0.331 101.138 0.433
201612 0.374 102.022 0.485
201703 0.371 102.022 0.481
201706 0.406 102.752 0.522
201709 0.396 103.279 0.507
201712 0.426 103.793 0.543
201803 0.397 103.962 0.505
201806 0.459 104.875 0.579
201809 0.434 105.679 0.543
201812 0.501 105.912 0.625
201903 0.473 105.886 0.591
201906 0.523 106.742 0.648
201909 0.487 107.214 0.601
201912 0.574 107.766 0.704
202003 0.527 106.563 0.654
202006 0.536 107.498 0.659
202009 0.552 107.635 0.678
202012 0.621 108.296 0.758
202103 0.611 108.360 0.745
202106 0.743 108.928 0.902
202109 0.680 110.338 0.815
202112 0.808 112.486 0.950
202203 0.743 114.825 0.855
202206 0.817 118.384 0.912
202209 0.812 122.296 0.878
202212 0.907 126.365 0.949
202303 0.885 127.042 0.921
202306 0.882 129.407 0.901
202309 0.805 130.224 0.817
202312 0.900 131.912 0.902
202403 0.844 132.205 0.844

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.


Investment AB Latour  (FRA:18LB) 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.


Investment AB Latour Cyclically Adjusted PS Ratio Related Terms

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


Investment AB Latour (FRA:18LB) Business Description

Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

Investment AB Latour (FRA:18LB) Headlines

No Headlines