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Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Cyclically Adjusted PS Ratio : 0.41 (As of Apr. 29, 2024)


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What is Lee & Man Paper Manufacturing Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Lee & Man Paper Manufacturing's current share price is $3.09. Lee & Man Paper Manufacturing's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $7.57. Lee & Man Paper Manufacturing's Cyclically Adjusted PS Ratio for today is 0.41.

The historical rank and industry rank for Lee & Man Paper Manufacturing's Cyclically Adjusted PS Ratio or its related term are showing as below:

LMPMY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.55   Max: 3.18
Current: 0.38

During the past 13 years, Lee & Man Paper Manufacturing's highest Cyclically Adjusted PS Ratio was 3.18. The lowest was 0.36. And the median was 1.55.

LMPMY's Cyclically Adjusted PS Ratio is ranked better than
64.23% of 246 companies
in the Forest Products industry
Industry Median: 0.59 vs LMPMY: 0.38

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.

Lee & Man Paper Manufacturing's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $7.409. 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 $7.57 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lee & Man Paper Manufacturing Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Cyclically Adjusted PS Ratio Chart

Lee & Man Paper Manufacturing 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 1.24 1.27 1.00 0.59 0.38

Lee & Man Paper Manufacturing Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.00 - 0.59 - 0.38

Competitive Comparison of Lee & Man Paper Manufacturing's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.


Lee & Man Paper Manufacturing's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Cyclically Adjusted PS Ratio falls into.



Lee & Man Paper Manufacturing 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.

Lee & Man Paper Manufacturing's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.09/7.57
=0.41

* 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.

Lee & Man Paper Manufacturing's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Lee & Man Paper Manufacturing's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.409/117.2957*117.2957
=7.409

Current CPI (Dec23) = 117.2957.

Lee & Man Paper Manufacturing Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.711 99.707 5.542
201512 4.915 102.015 5.651
201612 5.173 103.225 5.878
201712 7.314 104.984 8.172
201812 9.277 107.622 10.111
201912 7.949 110.700 8.423
202012 7.670 109.711 8.200
202112 9.581 112.349 10.003
202212 8.680 114.548 8.888
202312 7.409 117.296 7.409

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.


Lee & Man Paper Manufacturing  (OTCPK:LMPMY) 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.


Lee & Man Paper Manufacturing Cyclically Adjusted PS Ratio Related Terms

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Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Business Description

Traded in Other Exchanges
Address
169 Electric Road, 39/F, Lee & Man Commercial Center, North Point, Hong Kong, HKG
Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. The People's Republic of China accounts for the majority of the revenue.

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