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LKQ (LTS:0JSJ) Cyclically Adjusted PS Ratio : 0.86 (As of Dec. 11, 2024)


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What is LKQ Cyclically Adjusted PS Ratio?

As of today (2024-12-11), LKQ's current share price is $39.22. LKQ's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $45.45. LKQ's Cyclically Adjusted PS Ratio for today is 0.86.

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

LTS:0JSJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.5   Max: 2.89
Current: 0.85

During the past years, LKQ's highest Cyclically Adjusted PS Ratio was 2.89. The lowest was 0.66. And the median was 1.50.

LTS:0JSJ's Cyclically Adjusted PS Ratio is ranked better than
52.96% of 827 companies
in the Vehicles & Parts industry
Industry Median: 0.94 vs LTS:0JSJ: 0.85

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.

LKQ's adjusted revenue per share data for the three months ended in Sep. 2024 was $13.648. 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 $45.45 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LKQ Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LKQ'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.

LKQ Cyclically Adjusted PS Ratio Chart

LKQ 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 1.45 1.27 1.82 1.41 1.13

LKQ 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 1.19 1.13 1.22 0.93 0.88

Competitive Comparison of LKQ's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, LKQ'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.


LKQ's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LKQ's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LKQ 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.22/45.45
=0.86

* 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.

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

For example, LKQ'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)
=13.648/133.0289*133.0289
=13.648

Current CPI (Sep. 2024) = 133.0289.

LKQ Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 5.493 99.070 7.376
201503 5.779 99.621 7.717
201506 5.982 100.684 7.904
201509 5.952 100.392 7.887
201512 5.678 99.792 7.569
201603 6.214 100.470 8.228
201606 7.440 101.688 9.733
201609 7.120 101.861 9.299
201612 6.934 101.863 9.056
201703 7.550 102.862 9.764
201706 7.920 103.349 10.194
201709 7.934 104.136 10.135
201712 7.939 104.011 10.154
201803 8.739 105.290 11.041
201806 9.652 106.317 12.077
201809 9.776 106.507 12.210
201812 9.427 105.998 11.831
201903 9.811 107.251 12.169
201906 10.387 108.070 12.786
201909 10.221 108.329 12.551
201912 9.796 108.420 12.019
202003 9.783 108.902 11.950
202006 8.634 108.767 10.560
202009 10.007 109.815 12.122
202012 9.700 109.897 11.742
202103 10.438 111.754 12.425
202106 11.393 114.631 13.221
202109 11.180 115.734 12.851
202112 10.956 117.630 12.390
202203 11.674 121.301 12.803
202206 11.835 125.017 12.593
202209 11.304 125.227 12.008
202212 11.181 125.222 11.878
202303 12.482 127.348 13.039
202306 12.856 128.729 13.285
202309 13.294 129.860 13.618
202312 13.049 129.419 13.413
202403 13.833 131.776 13.965
202406 13.972 132.554 14.022
202409 13.648 133.029 13.648

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.


LKQ  (LTS:0JSJ) 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.


LKQ Cyclically Adjusted PS Ratio Related Terms

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


LKQ Business Description

Traded in Other Exchanges
Address
500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661
Since forming in 1998 to consolidate the auto salvage business in the United States, LKQ has developed into a leading distributor of aftermarket and recycled auto parts with around 1,700 facilities across North America and Europe. The company primarily sells into the professional channel and offers an assortment of collision and mechanical parts to both body shops and mechanical repair shops. It also continues to operate more than 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ typically purchases around 250,000 salvage vehicles annually that are used to extract vehicle parts for resale.

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