Lucara Diamond (FRA:LKT) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

FRA:LKT Lucara Diamond Corp FRA:LKT
53 GF Score
Price €0.10
GF Value €0.12
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Lucara Diamond Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lucara Diamond  (FRA:LKT) 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.


Lucara Diamond Cyclically Adjusted PS Ratio Related Terms


Lucara Diamond Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lucara Diamond'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.

Lucara Diamond Cyclically Adjusted PS Ratio Chart

Lucara Diamond 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 0.86 0.64 0.47 0.51 0.22

Lucara Diamond 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 0.26 0.23 0.22 0.33 0.21

FRA:LKT vs HL: Cyclically Adjusted PS Ratio Comparison

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.


Lucara Diamond Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lucara Diamond's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:LKT
53GF Score
Lucara Diamond Corp FRA:LKT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lucara Diamond 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.

Lucara Diamond's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Lucara Diamond'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)
=0.03/133.5265*133.5265
=0.030

Current CPI (Jun. 2026) = 133.5265.

Lucara Diamond Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.089 101.765 0.117
201612 0.160 101.449 0.211
201703 0.064 102.634 0.083
201706 0.188 103.029 0.244
201709 0.173 103.345 0.224
201712 0.082 103.345 0.106
201803 0.053 105.004 0.067
201806 0.136 105.557 0.172
201809 0.099 105.636 0.125
201812 0.090 105.399 0.114
201903 0.108 106.979 0.135
201906 0.095 107.690 0.118
201909 0.103 107.611 0.128
201912 0.127 107.769 0.157
202003 0.078 107.927 0.097
202006 0.017 108.401 0.021
202009 0.089 108.164 0.110
202012 0.090 108.559 0.111
202103 0.110 110.298 0.133
202106 0.095 111.720 0.114
202109 0.137 112.905 0.162
202112 0.112 113.774 0.131
202203 0.132 117.646 0.150
202206 0.106 120.806 0.117
202209 0.107 120.648 0.118
202212 0.092 120.964 0.102
202303 0.086 122.702 0.094
202306 0.076 124.203 0.082
202309 0.111 125.230 0.118
202312 0.074 125.072 0.079
202403 0.080 126.258 0.085
202406 0.082 127.522 0.086
202409 0.088 127.285 0.092
202412 0.163 127.364 0.171
202503 0.064 129.181 0.066
202506 0.082 129.892 0.084
202509 0.093 130.287 0.095
202512 0.065 130.366 0.067
202603 0.016 132.262 0.016
202606 0.030 133.527 0.030

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 Lucara Diamond (FRA:LKT) Overvalued in 2026?

Based on GuruFocus' analysis, Lucara Diamond stock appears to be undervalued. The current stock price of €0.10 is trading 12.8% below its estimated GF Value™ of €0.12. GuruFocus considers Lucara Diamond to be Modestly Undervalued.

Key valuation signals for FRA:LKT:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.12 vs. price of €0.10 (12.8% below fair value)
  • GF Score™: 53/100 with 7 warning signs

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


Lucara Diamond Business Description

Address 1055 Dunsmuir Street, P.O Box 49225, 2800, Four Bentall Centre, Vancouver, BC, CAN, V7X 1L2
Lucara Diamond Corp is a diamond mining company focused on the development and operation of its Karowe Mine located in Botswana. The company has one operating segment: Karowe Mine, from which it derives revenue.
53GF Score

Get the complete analysis for FRA:LKT

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

€0.10
Price
€0.12
GF Value