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Layne Christensen Co (Layne Christensen Co) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Layne Christensen Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Layne Christensen Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Layne Christensen 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.

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Layne Christensen Co Cyclically Adjusted PS Ratio Chart

Layne Christensen Co Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Cyclically Adjusted PS Ratio
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Layne Christensen Co Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
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Competitive Comparison of Layne Christensen Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Layne Christensen 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.


Layne Christensen Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Layne Christensen Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Layne Christensen Co's Cyclically Adjusted PS Ratio falls into.



Layne Christensen 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.

Layne Christensen Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2018 is calculated as:

For example, Layne Christensen Co's adjusted Revenue per Share data for the three months ended in Apr. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2018 (Change)*Current CPI (Apr. 2018)
=5.414/105.7080*105.7080
=5.414

Current CPI (Apr. 2018) = 105.7080.

Layne Christensen Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200807 13.872 92.805 15.801
200810 13.599 91.375 15.732
200901 11.890 89.084 14.109
200904 10.561 89.968 12.409
200907 11.246 90.859 13.084
200910 11.162 91.207 12.937
201001 11.515 91.423 13.314
201004 11.807 91.980 13.569
201007 12.975 91.981 14.911
201010 13.807 92.277 15.817
201101 12.482 92.914 14.201
201104 13.583 94.890 15.132
201107 14.718 95.319 16.322
201110 14.783 95.529 16.358
201201 13.624 95.632 15.059
201204 13.716 97.075 14.936
201207 14.788 96.661 16.172
201210 14.225 97.595 15.407
201301 8.863 97.158 9.643
201304 11.587 98.107 12.485
201307 11.304 98.557 12.124
201310 10.293 98.536 11.042
201401 7.322 98.692 7.843
201404 8.887 100.023 9.392
201407 9.379 100.520 9.863
201410 10.141 100.176 10.701
201501 9.103 98.604 9.759
201504 8.876 99.824 9.399
201507 8.930 100.691 9.375
201510 8.768 100.346 9.236
201601 -0.286 99.957 -0.302
201604 6.102 100.947 6.390
201607 6.247 101.524 6.504
201610 6.092 101.988 6.314
201701 5.047 102.456 5.207
201704 5.603 103.167 5.741
201707 6.353 103.278 6.502
201710 6.409 104.070 6.510
201801 5.551 104.578 5.611
201804 5.414 105.708 5.414

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.


Layne Christensen Co  (NAS:LAYN) 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.


Layne Christensen Co Cyclically Adjusted PS Ratio Related Terms

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Layne Christensen Co (Layne Christensen Co) Business Description

Traded in Other Exchanges
N/A
Address
Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.
Executives
Nesser John T Iii director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
J Michael Anderson officer: Senior Vice President and CFO
Brown David A B director
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Nelson Obus director
Wynnefield Small Cap Value Offshore Fund Ltd other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes other: Affiliate
Andrew B Schmitt director 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205
Donald K Miller director
Wynnefield Capital, Inc. Profit Sharing Plan director, 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123