GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » LAIQON AG (XTER:LQAG) » Definitions » Cyclically Adjusted PS Ratio

LAIQON AG (XTER:LQAG) Cyclically Adjusted PS Ratio : 3.27 (As of Jun. 09, 2024)


View and export this data going back to 2005. Start your Free Trial

What is LAIQON AG Cyclically Adjusted PS Ratio?

As of today (2024-06-09), LAIQON AG's current share price is €5.00. LAIQON AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €1.53. LAIQON AG's Cyclically Adjusted PS Ratio for today is 3.27.

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

XTER:LQAG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 2.07   Max: 10.82
Current: 3.27

During the past 13 years, LAIQON AG's highest Cyclically Adjusted PS Ratio was 10.82. The lowest was 0.11. And the median was 2.07.

XTER:LQAG's Cyclically Adjusted PS Ratio is ranked better than
72% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs XTER:LQAG: 3.27

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.

LAIQON AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €1.759. 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 €1.53 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


LAIQON AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LAIQON AG'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.

LAIQON AG Cyclically Adjusted PS Ratio Chart

LAIQON AG 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 2.81 4.06 10.76 5.27 4.32

LAIQON AG 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 10.76 - 5.27 - 4.32

Competitive Comparison of LAIQON AG's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, LAIQON AG'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.


LAIQON AG's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, LAIQON AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LAIQON AG 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.

LAIQON AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.00/1.53
=3.27

* 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.

LAIQON AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, LAIQON AG'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)
=1.759/123.7729*123.7729
=1.759

Current CPI (Dec23) = 123.7729.

LAIQON AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.370 99.543 1.703
201512 1.243 99.717 1.543
201612 1.030 101.217 1.260
201712 0.811 102.617 0.978
201812 0.820 104.217 0.974
201912 0.806 105.818 0.943
202012 2.083 105.518 2.443
202112 1.960 110.384 2.198
202212 1.418 119.345 1.471
202312 1.759 123.773 1.759

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.


LAIQON AG  (XTER:LQAG) 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.


LAIQON AG Cyclically Adjusted PS Ratio Related Terms

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


LAIQON AG (XTER:LQAG) Business Description

Traded in Other Exchanges
Address
An der Alster 42, Hamburg, DEU, 20099
LAIQON AG along with its subsidiaries develops, markets, and manages investments in real assets for institutional and retail investors. The business of the company operates in three business segments namely Lloyd Fonds positioned as a special provider of non-benchmarked equity, fixed-income and mixed funds with a clear focus on active alpha strategies. The LLOYD WEALTH business segment is committed to proactive holistic 360° implementation of the individual goals of high net-worth individuals by means of personal asset management. The LLOYD DIGITAL business segment offers digital and risk-optimized investment solutions for retail and institutional investors.
Executives
Achim Plate Board of Directors

LAIQON AG (XTER:LQAG) Headlines

No Headlines