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Lesaka Technologies (JSE:LSK) Cyclically Adjusted PS Ratio : 0.46 (As of Jun. 16, 2024)


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What is Lesaka Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Lesaka Technologies's current share price is R84.00. Lesaka Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R183.07. Lesaka Technologies's Cyclically Adjusted PS Ratio for today is 0.46.

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

JSE:LSK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.52   Max: 2.26
Current: 0.44

During the past years, Lesaka Technologies's highest Cyclically Adjusted PS Ratio was 2.26. The lowest was 0.23. And the median was 0.52.

JSE:LSK's Cyclically Adjusted PS Ratio is ranked better than
83.61% of 1458 companies
in the Software industry
Industry Median: 1.82 vs JSE:LSK: 0.44

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.

Lesaka Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was R42.706. 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 R183.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lesaka Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lesaka Technologies'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.

Lesaka Technologies Cyclically Adjusted PS Ratio Chart

Lesaka Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.26 0.42 0.47 0.35

Lesaka Technologies 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 0.44 0.35 0.36 0.30 0.36

Competitive Comparison of Lesaka Technologies's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Lesaka Technologies'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.


Lesaka Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Lesaka Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lesaka Technologies 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.

Lesaka Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=84.00/183.07
=0.46

* 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.

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

For example, Lesaka Technologies'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)
=42.706/155.4180*155.4180
=42.706

Current CPI (Mar. 2024) = 155.4180.

Lesaka Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 39.872 95.813 64.677
201409 36.693 96.794 58.917
201412 38.459 96.794 61.752
201503 39.499 98.538 62.300
201506 43.444 100.173 67.403
201509 45.144 101.154 69.362
201512 48.233 101.808 73.632
201603 45.271 104.969 67.029
201606 45.054 106.713 65.617
201609 41.077 107.694 59.280
201612 40.554 109.002 57.823
201703 35.506 111.400 49.536
201706 33.453 112.054 46.399
201709 35.492 112.926 48.847
201712 34.713 113.907 47.364
201803 34.479 115.542 46.379
201806 -0.982 116.959 -1.305
201809 33.157 118.376 43.532
201812 19.719 118.921 25.771
201903 9.403 120.774 12.100
201906 2.987 122.191 3.799
201909 12.695 123.281 16.004
201912 9.909 123.717 12.448
202003 10.311 125.679 12.751
202006 7.504 124.807 9.344
202009 10.480 126.878 12.837
202012 8.537 127.467 10.409
202103 7.619 129.628 9.135
202106 8.369 131.113 9.920
202109 8.917 133.273 10.399
202112 8.765 135.029 10.089
202203 9.294 137.594 10.498
202206 32.410 140.835 35.766
202209 36.603 143.671 39.596
202212 39.061 145.156 41.823
202303 39.781 147.586 41.892
202306 41.439 148.802 43.282
202309 42.319 151.502 43.413
202312 43.960 152.718 44.737
202403 42.706 155.418 42.706

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.


Lesaka Technologies  (JSE:LSK) 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.


Lesaka Technologies Cyclically Adjusted PS Ratio Related Terms

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


Lesaka Technologies (JSE:LSK) Business Description

Traded in Other Exchanges
Address
Corner Jan Smuts Avenue and Bolton Road, President Place, 4th Floor, Rosebank, Johannesburg, GT, ZAF, 2196
Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer. The company operates mainly within South Africa. The Merchant segment that derives majority revenue includes activities related to the provision of goods and services provided to corporate and other juristic entities. It earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Consumer segment includes activities related to the provision of financial services to customers, including bank accounts, loans, and insurance products. The firm charges monthly administration fees for all bank accounts.

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