Lamar Advertising Co (FRA:6LA) Cyclically Adjusted PS Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:6LA Lamar Advertising Co FRA:6LA
85 GF Score
Price €137.00
GF Value €111.69
! 9 Warning Signs
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What is Lamar Advertising Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lamar Advertising Co  (FRA:6LA) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.76 5.74 5.93 5.81 0.00

FRA:6LA 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.


FRA:6LA
85GF Score
Lamar Advertising Co FRA:6LA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.269/333.9520*333.9520
=5.269

Current CPI (Jun. 2026) = 333.9520.

Lamar Advertising Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.527 241.428 4.879
201612 3.746 241.432 5.182
201703 3.300 243.801 4.520
201706 3.590 244.955 4.894
201709 3.402 246.819 4.603
201712 3.420 246.524 4.633
201803 2.966 249.554 3.969
201806 3.636 251.989 4.819
201809 3.614 252.439 4.781
201812 3.771 251.233 5.013
201903 3.405 254.202 4.473
201906 3.963 256.143 5.167
201909 4.135 256.759 5.378
201912 4.137 256.974 5.376
202003 3.648 258.115 4.720
202006 3.061 257.797 3.965
202009 3.248 260.280 4.167
202012 3.487 260.474 4.471
202103 3.080 264.877 3.883
202106 3.645 271.696 4.480
202109 3.998 274.310 4.867
202112 4.312 278.802 5.165
202203 4.036 287.504 4.688
202206 4.819 296.311 5.431
202209 5.238 296.808 5.894
202212 4.969 296.797 5.591
202303 4.317 301.836 4.776
202306 4.892 305.109 5.354
202309 4.978 307.789 5.401
202312 4.989 306.746 5.431
202403 4.474 312.332 4.784
202406 5.118 314.175 5.440
202409 4.953 315.301 5.246
202412 5.394 315.605 5.708
202503 4.548 319.799 4.749
202506 4.941 322.561 5.115
202509 4.924 324.800 5.063
202512 5.020 324.054 5.173
202603 4.502 330.213 4.553
202606 5.269 333.952 5.269

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 (FRA:6LA) Overvalued in 2026?

Based on GuruFocus' analysis, Lamar Advertising Co stock appears to be overvalued. The current stock price of €137.00 is trading 22.7% above its estimated GF Value™ of €111.69.

Key valuation signals for FRA:6LA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €111.69 vs. price of €137.00 (22.7% above fair value)
  • GF Score™: 85/100 with 9 warning signs

No single metric tells the full story. See the FRA:6LA 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 FRA:6LA

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

€137.00
Price
€111.69
GF Value