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LG Display Co (LG Display Co) Cyclically Adjusted PS Ratio : 0.13 (As of May. 14, 2024)


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What is LG Display Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), LG Display Co's current share price is $3.98. LG Display Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $30.89. LG Display Co's Cyclically Adjusted PS Ratio for today is 0.13.

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

LPL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.28   Max: 0.58
Current: 0.14

During the past years, LG Display Co's highest Cyclically Adjusted PS Ratio was 0.58. The lowest was 0.12. And the median was 0.28.

LPL's Cyclically Adjusted PS Ratio is ranked better than
92.96% of 1917 companies
in the Hardware industry
Industry Median: 1.06 vs LPL: 0.14

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.

LG Display Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.627. 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 $30.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LG Display Co'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.

LG Display Co Cyclically Adjusted PS Ratio Chart

LG Display Co 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 0.20 0.23 0.29 0.15 0.15

LG Display Co 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 0.15 0.19 0.19 0.15 0.15

Competitive Comparison of LG Display Co's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, LG Display Co'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.


LG Display Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Display Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LG Display Co 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.

LG Display Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.98/30.89
=0.13

* 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.

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

For example, LG Display Co'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)
=7.627/118.8477*118.8477
=7.627

Current CPI (Dec. 2023) = 118.8477.

LG Display Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.021 99.253 8.407
201406 7.895 99.353 9.444
201409 8.502 99.608 10.144
201412 10.177 99.098 12.205
201503 8.488 99.720 10.116
201506 8.106 100.050 9.629
201509 8.130 100.110 9.652
201512 8.618 100.220 10.220
201603 6.818 100.560 8.058
201606 6.759 100.790 7.970
201609 8.160 101.460 9.558
201612 9.023 101.560 10.559
201703 8.378 102.850 9.681
201706 7.885 102.610 9.133
201709 8.289 103.490 9.519
201712 8.852 102.990 10.215
201803 7.135 104.100 8.146
201806 6.897 104.130 7.872
201809 7.330 105.650 8.246
201812 8.327 104.350 9.484
201903 6.988 104.490 7.948
201906 6.135 104.880 6.952
201909 6.558 105.200 7.409
201912 7.354 105.120 8.314
202003 5.217 105.540 5.875
202006 5.915 104.870 6.703
202009 7.701 106.200 8.618
202012 9.215 105.765 10.355
202103 8.192 107.357 9.069
202106 8.347 107.579 9.221
202109 7.433 108.759 8.122
202112 10.006 109.676 10.843
202203 7.131 111.806 7.580
202206 5.279 114.083 5.499
202209 5.921 114.831 6.128
202212 7.593 115.200 7.833
202303 4.543 116.550 4.633
202306 4.914 117.140 4.986
202309 4.825 119.111 4.814
202312 7.627 118.848 7.627

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.


LG Display Co  (NYSE:LPL) 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.


LG Display Co Cyclically Adjusted PS Ratio Related Terms

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


LG Display Co (LG Display Co) Business Description

Industry
Traded in Other Exchanges
Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.