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Ledyard Financial Group (Ledyard Financial Group) Cyclically Adjusted PS Ratio : 1.37 (As of Jun. 08, 2024)


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What is Ledyard Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Ledyard Financial Group's current share price is $14.06. Ledyard Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $10.26. Ledyard Financial Group's Cyclically Adjusted PS Ratio for today is 1.37.

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

LFGP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 1.48   Max: 1.68
Current: 1.37

During the past years, Ledyard Financial Group's highest Cyclically Adjusted PS Ratio was 1.68. The lowest was 1.30. And the median was 1.48.

LFGP's Cyclically Adjusted PS Ratio is ranked better than
78.19% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs LFGP: 1.37

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.

Ledyard Financial Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.400. 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 $10.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ledyard Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ledyard Financial Group'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.

Ledyard Financial Group Cyclically Adjusted PS Ratio Chart

Ledyard Financial Group 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 - - - - 1.67

Ledyard Financial Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 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 - - 1.40 1.67 1.49

Competitive Comparison of Ledyard Financial Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Ledyard Financial Group'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.


Ledyard Financial Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ledyard Financial Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ledyard Financial Group's Cyclically Adjusted PS Ratio falls into.



Ledyard Financial Group 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.

Ledyard Financial Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.06/10.26
=1.37

* 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.

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

For example, Ledyard Financial Group'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)
=2.4/131.7762*131.7762
=2.400

Current CPI (Mar. 2024) = 131.7762.

Ledyard Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 1.647 98.209 2.210
201306 1.680 98.518 2.247
201312 0.000 98.326 0.000
201403 1.745 99.695 2.307
201406 1.839 100.560 2.410
201409 1.846 100.428 2.422
201412 1.807 99.070 2.404
201503 1.841 99.621 2.435
201506 1.828 100.684 2.393
201509 1.814 100.392 2.381
201512 1.779 99.792 2.349
201603 1.839 100.470 2.412
201606 1.885 101.688 2.443
201609 1.877 101.861 2.428
201612 1.960 101.863 2.536
201703 1.904 102.862 2.439
201706 2.049 103.349 2.613
201709 2.045 104.136 2.588
201712 2.070 104.011 2.623
201803 2.103 105.290 2.632
201806 2.218 106.317 2.749
201809 2.212 106.507 2.737
201812 2.247 105.998 2.793
201903 2.178 107.251 2.676
201906 2.335 108.070 2.847
201909 2.290 108.329 2.786
201912 2.194 108.420 2.667
202003 2.253 108.902 2.726
202006 2.589 108.767 3.137
202009 2.591 109.815 3.109
202012 2.603 109.897 3.121
202112 0.000 117.630 0.000
202206 2.511 125.017 2.647
202209 2.403 125.227 2.529
202212 0.000 125.222 0.000
202303 2.505 127.348 2.592
202306 2.382 128.729 2.438
202309 2.251 129.860 2.284
202312 2.367 129.419 2.410
202403 2.400 131.776 2.400

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.


Ledyard Financial Group  (OTCPK:LFGP) 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.


Ledyard Financial Group Cyclically Adjusted PS Ratio Related Terms

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


Ledyard Financial Group (Ledyard Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
2 Maple Street, Hanover, NH, USA, 03755
Ledyard Financial Group Inc is a bank holding company. The company, through its subsidiary, operates in two segments: banking and wealth advisory services. The Banking segment consists of lending to commercial and consumer customers, as well as deposit-gathering activities. The Wealth advisory services include financial planning services, investment management services, personal tax services, trustee services, and estate planning. All of its revenues come from the Banking segment.

Ledyard Financial Group (Ledyard Financial Group) Headlines

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