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LGIH (LGI Homes) Cyclically Adjusted PS Ratio : 1.22 (As of Dec. 11, 2024)


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What is LGI Homes Cyclically Adjusted PS Ratio?

As of today (2024-12-11), LGI Homes's current share price is $104.51. LGI Homes's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $85.80. LGI Homes's Cyclically Adjusted PS Ratio for today is 1.22.

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

LGIH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.51   Max: 2.66
Current: 1.23

During the past years, LGI Homes's highest Cyclically Adjusted PS Ratio was 2.66. The lowest was 1.02. And the median was 1.51.

LGIH's Cyclically Adjusted PS Ratio is ranked worse than
71.43% of 70 companies
in the Homebuilding & Construction industry
Industry Median: 0.665 vs LGIH: 1.23

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.

LGI Homes's adjusted revenue per share data for the three months ended in Sep. 2024 was $27.644. 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 $85.80 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LGI Homes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LGI Homes'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.

LGI Homes Cyclically Adjusted PS Ratio Chart

LGI Homes 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 - - 2.66 1.37 1.70

LGI Homes Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.30 1.70 1.44 1.07 1.38

Competitive Comparison of LGI Homes's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, LGI Homes'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.


LGI Homes's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LGI Homes 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.

LGI Homes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.51/85.8
=1.22

* 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.

LGI Homes's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, LGI Homes's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=27.644/133.0289*133.0289
=27.644

Current CPI (Sep. 2024) = 133.0289.

LGI Homes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.884 99.070 6.558
201503 5.069 99.621 6.769
201506 7.475 100.684 9.876
201509 8.561 100.392 11.344
201512 8.047 99.792 10.727
201603 7.940 100.470 10.513
201606 10.365 101.688 13.560
201609 9.540 101.861 12.459
201612 10.237 101.863 13.369
201703 7.149 102.862 9.246
201706 13.947 103.349 17.952
201709 15.214 104.136 19.435
201712 15.886 104.011 20.318
201803 11.264 105.290 14.232
201806 16.793 106.317 21.012
201809 15.278 106.507 19.083
201812 16.582 105.998 20.811
201903 11.464 107.251 14.219
201906 18.213 108.070 22.419
201909 18.928 108.329 23.244
201912 23.534 108.420 28.876
202003 17.768 108.902 21.705
202006 19.147 108.767 23.418
202009 21.151 109.815 25.622
202012 35.141 109.897 42.538
202103 27.991 111.754 33.320
202106 31.582 114.631 36.651
202109 30.277 115.734 34.801
202112 32.637 117.630 36.910
202203 22.570 121.301 24.752
202206 30.450 125.017 32.401
202209 23.292 125.227 24.743
202212 20.770 125.222 22.065
202303 20.625 127.348 21.545
202306 27.332 128.729 28.245
202309 26.122 129.860 26.760
202312 25.883 129.419 26.605
202403 16.509 131.776 16.666
202406 25.526 132.554 25.617
202409 27.644 133.029 27.644

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.


LGI Homes  (NAS:LGIH) 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.


LGI Homes Cyclically Adjusted PS Ratio Related Terms

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


LGI Homes Business Description

Traded in Other Exchanges
Address
1450 Lake Robbins Drive, Suite 430, The Woodlands, TX, USA, 77380
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring. They have seven operating segments ( Central, Midwest, Southeast, Mid-Atlantic, Northwest, West and Florida divisions) that it aggregates into five qualifying reportable segment. Majority of the revenue is generated from Central division segment.
Executives
Eric Thomas Lipar director, 10 percent owner, officer: Chief Executive Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Michael Larry Snider officer: See Remarks 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Scott James Garber officer: General Counsel and Secretary 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX 77380
Charles Michael Merdian director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Steven Randal Smith director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Ryan Edone director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS X1 77380
Maria Renna Sharpe director 11 EDWARDS COURT, MT. KISCO NY 10549
Rachel Lyons Eaton officer: Chief Marketing Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Jack Anthony Lipar officer: See Remarks 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Shailee Parikh director 27 N. ABERDEEN ST., UNIT 4S, CHICAGO IL 60607
Duncan S Gage director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Robert Karnig Vahradian director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Bryan Christopher Sansbury director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Laura Marie Miller director 320 QUIET WATER LANE, ATLANTA GA 30350
Margaret Mary Britton officer: Chief Administrative Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380