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Linamar (STU:LNR) Cyclically Adjusted PS Ratio : 0.58 (As of Jun. 04, 2024)


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What is Linamar Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Linamar's current share price is €47.80. Linamar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €82.43. Linamar's Cyclically Adjusted PS Ratio for today is 0.58.

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

STU:LNR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.85   Max: 1.94
Current: 0.58

During the past years, Linamar's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.35. And the median was 0.85.

STU:LNR's Cyclically Adjusted PS Ratio is ranked better than
53.84% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 0.68 vs STU:LNR: 0.58

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.

Linamar's adjusted revenue per share data for the three months ended in Mar. 2024 was €30.054. 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 €82.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Linamar Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Linamar'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.

Linamar Cyclically Adjusted PS Ratio Chart

Linamar 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 0.62 0.80 0.80 0.58 0.54

Linamar 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 0.59 0.62 0.56 0.54 0.59

Competitive Comparison of Linamar's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Linamar'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.


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

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

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



Linamar 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.80/82.43
=0.58

* 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.

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

For example, Linamar'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)
=30.054/126.2576*126.2576
=30.054

Current CPI (Mar. 2024) = 126.2576.

Linamar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.469 99.473 14.557
201409 10.963 99.394 13.926
201412 10.712 98.367 13.749
201503 14.236 99.789 18.012
201506 15.020 100.500 18.869
201509 13.040 100.421 16.395
201512 12.665 99.947 15.999
201603 15.651 101.054 19.555
201606 17.375 102.002 21.507
201609 15.055 101.765 18.678
201612 14.812 101.449 18.434
201703 17.535 102.634 21.571
201706 17.890 103.029 21.923
201709 15.994 103.345 19.540
201712 15.736 103.345 19.225
201803 17.970 105.004 21.607
201806 21.271 105.557 25.442
201809 18.249 105.636 21.811
201812 17.161 105.399 20.557
201903 19.752 106.979 23.311
201906 21.094 107.690 24.731
201909 18.219 107.611 21.376
201912 16.876 107.769 19.771
202003 15.361 107.927 17.970
202006 9.257 108.401 10.782
202009 16.077 108.164 18.766
202012 16.780 108.559 19.516
202103 18.150 110.298 20.776
202106 16.353 111.720 18.481
202109 16.830 112.905 18.820
202112 16.163 113.774 17.936
202203 19.469 117.646 20.894
202206 22.563 120.806 23.581
202209 25.039 120.648 26.203
202212 23.118 120.964 24.130
202303 25.415 122.702 26.151
202306 28.772 124.203 29.248
202309 27.345 125.230 27.569
202312 27.251 125.072 27.509
202403 30.054 126.258 30.054

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.


Linamar  (STU:LNR) 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.


Linamar Cyclically Adjusted PS Ratio Related Terms

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


Linamar (STU:LNR) Business Description

Traded in Other Exchanges
Address
287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5
Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.

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