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Legrand (Legrand) Cyclically Adjusted PS Ratio : 3.76 (As of Jun. 06, 2024)


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What is Legrand Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Legrand's current share price is $21.48. Legrand's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.72. Legrand's Cyclically Adjusted PS Ratio for today is 3.76.

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

LGRDY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.65   Med: 3.58   Max: 4.83
Current: 3.68

During the past years, Legrand's highest Cyclically Adjusted PS Ratio was 4.83. The lowest was 2.65. And the median was 3.58.

LGRDY's Cyclically Adjusted PS Ratio is ranked worse than
79.88% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs LGRDY: 3.68

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.

Legrand's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.672. 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 $5.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Legrand Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Legrand'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.

Legrand Cyclically Adjusted PS Ratio Chart

Legrand 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 3.76 3.65 4.80 3.13 3.63

Legrand 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 3.40 3.60 3.41 3.63 3.71

Competitive Comparison of Legrand's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Legrand'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.


Legrand's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Legrand's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Legrand 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.

Legrand's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.48/5.72
=3.76

* 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.

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

For example, Legrand'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)
=1.672/119.4700*119.4700
=1.672

Current CPI (Mar. 2024) = 119.4700.

Legrand Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.167 100.180 1.392
201409 1.056 99.920 1.263
201412 1.078 99.860 1.290
201503 0.938 100.170 1.119
201506 1.050 100.440 1.249
201509 0.967 99.950 1.156
201512 1.012 100.040 1.209
201603 0.986 100.020 1.178
201606 1.063 100.630 1.262
201609 1.060 100.340 1.262
201612 1.034 100.650 1.227
201703 1.051 101.170 1.241
201706 1.129 101.320 1.331
201709 1.167 101.330 1.376
201712 1.351 101.850 1.585
201803 1.322 102.750 1.537
201806 1.336 103.370 1.544
201809 1.259 103.560 1.452
201812 1.324 103.470 1.529
201903 1.303 103.890 1.498
201906 1.404 104.580 1.604
201909 1.362 104.500 1.557
201912 1.433 104.980 1.631
202003 1.243 104.590 1.420
202006 1.101 104.790 1.255
202009 1.455 104.550 1.663
202012 1.454 104.960 1.655
202103 1.481 105.750 1.673
202106 1.594 106.340 1.791
202109 1.504 106.810 1.682
202112 1.538 107.850 1.704
202203 1.616 110.490 1.747
202206 1.669 112.550 1.772
202209 1.524 112.740 1.615
202212 1.729 114.160 1.809
202303 1.716 116.790 1.755
202306 1.735 117.650 1.762
202309 1.613 118.260 1.630
202312 1.738 118.390 1.754
202403 1.672 119.470 1.672

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.


Legrand  (OTCPK:LGRDY) 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.


Legrand Cyclically Adjusted PS Ratio Related Terms

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


Legrand (Legrand) Business Description

Address
128, Avenue de Lattre de Tassigny, Cedex, Limoges, FRA, 87045
Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and nonresidential (40%) buildings. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors, including Rexel and Sonepar. North America and Europe each account for 40% of group sales.