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LCI Industries (LCI Industries) Cyclically Adjusted PS Ratio : 0.83 (As of Apr. 30, 2024)


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What is LCI Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-30), LCI Industries's current share price is $103.98. LCI Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $125.19. LCI Industries's Cyclically Adjusted PS Ratio for today is 0.83.

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

LCII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.59   Max: 2.91
Current: 0.86

During the past years, LCI Industries's highest Cyclically Adjusted PS Ratio was 2.91. The lowest was 0.84. And the median was 1.59.

LCII's Cyclically Adjusted PS Ratio is ranked worse than
56.22% of 989 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs LCII: 0.86

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.

LCI Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was $32.808. 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 $125.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LCI Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LCI Industries'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.

LCI Industries Cyclically Adjusted PS Ratio Chart

LCI Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.81 1.72 0.82 1.00

LCI Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.82 0.94 1.05 0.95 1.00

Competitive Comparison of LCI Industries's Cyclically Adjusted PS Ratio

For the Recreational Vehicles subindustry, LCI Industries'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.


LCI Industries's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LCI Industries 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.

LCI Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=103.98/125.19
=0.83

* 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.

LCI Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, LCI Industries's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=32.808/129.4194*129.4194
=32.808

Current CPI (Dec. 2023) = 129.4194.

LCI Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.798 99.695 15.316
201406 13.240 100.560 17.040
201409 12.109 100.428 15.605
201412 11.841 99.070 15.468
201503 14.729 99.621 19.135
201506 14.710 100.684 18.908
201509 13.988 100.392 18.033
201512 13.500 99.792 17.508
201603 17.052 100.470 21.965
201606 17.693 101.688 22.518
201609 16.455 101.861 20.907
201612 16.061 101.863 20.406
201703 19.732 102.862 24.826
201706 21.635 103.349 27.093
201709 21.792 104.136 27.083
201712 21.453 104.011 26.694
201803 25.545 105.290 31.399
201806 26.890 106.317 32.733
201809 23.692 106.507 28.789
201812 21.189 105.998 25.871
201903 23.754 107.251 28.664
201906 25.071 108.070 30.024
201909 23.303 108.329 27.840
201912 22.370 108.420 26.703
202003 26.237 108.902 31.180
202006 20.848 108.767 24.806
202009 32.700 109.815 38.538
202012 30.875 109.897 36.360
202103 39.497 111.754 45.740
202106 43.085 114.631 48.643
202109 45.848 115.734 51.269
202112 47.408 117.630 52.160
202203 64.592 121.301 68.915
202206 60.199 125.017 62.319
202209 44.222 125.227 45.703
202212 35.078 125.222 36.254
202303 38.481 127.348 39.107
202306 39.888 128.729 40.102
202309 37.614 129.860 37.487
202312 32.808 129.419 32.808

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.


LCI Industries  (NYSE:LCII) 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.


LCI Industries Cyclically Adjusted PS Ratio Related Terms

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


LCI Industries (LCI Industries) Business Description

Traded in Other Exchanges
Address
3501 County Road 6 East, Elkhart, IN, USA, 46514
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.
Executives
Brendan Deely director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Linda Kristine Myers director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Stephanie K. Mains director C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Lillian Etzkorn officer: EVP & CFO 1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Eileen S Pruitt officer: Deputy CHRO C/O LCI INDUSTRIES, 3501 COUNTRY ROAD 6 EAST, ELKHART IN 46514
Nick C Fletcher officer: CHIEF HUMAN RESOURCES OFFICER 3305 HIDDEN SPRINGS LANE, PROSPECT KY 40059
James Gero director C/O ORTHOFIX INTERNATIONAL, 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Kieran M O'sullivan director 2375 CABOT DRIVE, LISLE IL 60532
Jamie Schnur officer: Chief Administrative Officer C/O LIPPERT COMPONENTS, 2703 COLLEGE AVENUE, GOSHEN IN 46526
Jason Lippert director, officer: Chief Executive Officer C/O LIPPERT COMPONENTS INC, 2375 TAMIAMI TRAIL NORTH STE 11, NAPLES FL 34103
Ryan Richard Smith officer: Group President - N.A. C/O LCI INDUSTRIES, 3501 COUNTY ROAD 6 EAST, ELKHART IN 46514
David A Reed director TEXAS INDUSTRIES INC, 1341 W MOCKINGBIRD LN, DALLAS TX 75247
Ronald Fenech director 419 WEST PIKE STREET, JACKSON CENTER OH 45334
John A. Sirpilla director C/O LCI INDUSTRIES, 3501, ELKHART IN 46514
Scott T Mereness officer: President C/O LIPPERT COMPONENTS, INC., 2766 COLLEGE AVENUE, GOSHEN IN 46528