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L E Lundbergforetagen AB (LTS:0GWB) Cyclically Adjusted PS Ratio : 4.91 (As of May. 18, 2024)


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What is L E Lundbergforetagen AB Cyclically Adjusted PS Ratio?

As of today (2024-05-18), L E Lundbergforetagen AB's current share price is kr569.50. L E Lundbergforetagen AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was kr116.07. L E Lundbergforetagen AB's Cyclically Adjusted PS Ratio for today is 4.91.

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

LTS:0GWB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.8   Med: 4.22   Max: 6.7
Current: 4.92

During the past years, L E Lundbergforetagen AB's highest Cyclically Adjusted PS Ratio was 6.70. The lowest was 2.80. And the median was 4.22.

LTS:0GWB's Cyclically Adjusted PS Ratio is ranked better than
63.7% of 876 companies
in the Asset Management industry
Industry Median: 7.425 vs LTS:0GWB: 4.92

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.

L E Lundbergforetagen AB's adjusted revenue per share data for the three months ended in Dec. 2023 was kr34.752. 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 kr116.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


L E Lundbergforetagen AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for L E Lundbergforetagen AB'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.

L E Lundbergforetagen AB Cyclically Adjusted PS Ratio Chart

L E Lundbergforetagen AB 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 4.40 4.76 5.27 4.03 4.74

L E Lundbergforetagen AB 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 4.03 4.21 4.04 3.99 4.74

Competitive Comparison of L E Lundbergforetagen AB's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, L E Lundbergforetagen AB'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.


L E Lundbergforetagen AB's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L E Lundbergforetagen AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where L E Lundbergforetagen AB's Cyclically Adjusted PS Ratio falls into.



L E Lundbergforetagen AB 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.

L E Lundbergforetagen AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=569.50/116.07
=4.91

* 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.

L E Lundbergforetagen AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, L E Lundbergforetagen AB'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)
=34.752/131.9118*131.9118
=34.752

Current CPI (Dec. 2023) = 131.9118.

L E Lundbergforetagen AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 20.909 99.788 27.640
201406 20.988 100.432 27.567
201409 18.993 100.161 25.014
201412 23.641 100.225 31.115
201503 21.728 99.950 28.676
201506 22.565 99.995 29.767
201509 19.383 100.228 25.510
201512 23.003 100.276 30.260
201603 19.745 100.751 25.852
201606 20.164 101.019 26.330
201609 18.790 101.138 24.507
201612 25.343 102.022 32.768
201703 22.002 102.022 28.448
201706 21.767 102.752 27.944
201709 19.060 103.279 24.344
201712 23.911 103.793 30.389
201803 21.460 103.962 27.229
201806 21.467 104.875 27.001
201809 19.245 105.679 24.022
201812 24.423 105.912 30.419
201903 22.641 105.886 28.206
201906 23.271 106.742 28.758
201909 20.744 107.214 25.523
201912 26.129 107.766 31.983
202003 21.823 106.563 27.014
202006 18.948 107.498 23.251
202009 18.370 107.635 22.513
202012 26.193 108.296 31.905
202103 25.131 108.360 30.593
202106 26.220 108.928 31.753
202109 23.870 110.338 28.537
202112 30.371 112.486 35.616
202203 29.747 114.825 34.174
202206 30.185 118.384 33.634
202209 27.767 122.296 29.950
202212 38.933 126.365 40.642
202303 32.519 127.042 33.766
202306 29.127 129.407 29.691
202309 26.815 130.224 27.163
202312 34.752 131.912 34.752

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.


L E Lundbergforetagen AB  (LTS:0GWB) 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.


L E Lundbergforetagen AB Cyclically Adjusted PS Ratio Related Terms

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


L E Lundbergforetagen AB (LTS:0GWB) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

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