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Lacroix Group (FRA:51M) Cyclically Adjusted PS Ratio : 0.19 (As of Jun. 09, 2024)


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What is Lacroix Group Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Lacroix Group's current share price is €24.80. Lacroix Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was €132.26. Lacroix Group's Cyclically Adjusted PS Ratio for today is 0.19.

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

FRA:51M' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.23   Max: 0.44
Current: 0.19

During the past 13 years, Lacroix Group's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.17. And the median was 0.23.

FRA:51M's Cyclically Adjusted PS Ratio is ranked better than
89.35% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs FRA:51M: 0.19

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.

Lacroix Group's adjusted revenue per share data of for the fiscal year that ended in Dec22 was €150.780. 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 €132.26 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lacroix Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lacroix Group'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.

Lacroix Group Cyclically Adjusted PS Ratio Chart

Lacroix Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.20 0.20 0.36 0.20

Lacroix Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.36 - 0.20 - -

Competitive Comparison of Lacroix Group's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Lacroix Group'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.


Lacroix Group's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lacroix Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lacroix Group 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.

Lacroix Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.80/132.26
=0.19

* 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.

Lacroix Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Lacroix Group's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=150.78/114.1600*114.1600
=150.780

Current CPI (Dec22) = 114.1600.

Lacroix Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201309 88.055 99.630 100.897
201409 96.022 99.920 109.706
201509 105.970 99.950 121.036
201609 117.821 100.340 134.049
201709 119.431 101.330 134.553
201809 126.873 103.560 139.859
201909 131.045 104.500 143.159
202009 153.685 104.550 167.811
202112 123.449 107.850 130.672
202212 150.780 114.160 150.780

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.


Lacroix Group  (FRA:51M) 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.


Lacroix Group Cyclically Adjusted PS Ratio Related Terms

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


Lacroix Group (FRA:51M) Business Description

Industry
Traded in Other Exchanges
Address
8, impasse du Bourrelier, B.P. 30 004, Saint Herblain cedex, FRA, 44801
Lacroix Group is engaged in the design and production of consumer electronic equipment, in particular in the automotive, home automation, aeronautical, industrial and health sectors.

Lacroix Group (FRA:51M) Headlines

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