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Laboratory of America Holdings (BSP:L1CA34) Cyclically Adjusted PS Ratio : 1.50 (As of Apr. 29, 2024)


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What is Laboratory of America Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Laboratory of America Holdings's current share price is R$254.54. Laboratory of America Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$169.15. Laboratory of America Holdings's Cyclically Adjusted PS Ratio for today is 1.50.

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

BSP:L1CA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.89   Max: 2.52
Current: 1.47

During the past years, Laboratory of America Holdings's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 1.08. And the median was 1.89.

BSP:L1CA34's Cyclically Adjusted PS Ratio is ranked better than
66.18% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.235 vs BSP:L1CA34: 1.47

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.

Laboratory of America Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was R$46.691. 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 R$169.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Laboratory of America Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Laboratory of America Holdings'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.

Laboratory of America Holdings Cyclically Adjusted PS Ratio Chart

Laboratory of America Holdings 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 1.70 1.84 2.47 1.65 1.71

Laboratory of America Holdings 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 1.55 1.60 1.52 1.71 1.62

Competitive Comparison of Laboratory of America Holdings's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, Laboratory of America Holdings'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.


Laboratory of America Holdings's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Laboratory of America Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Laboratory of America Holdings's Cyclically Adjusted PS Ratio falls into.



Laboratory of America Holdings 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.

Laboratory of America Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=254.54/169.15
=1.50

* 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.

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

For example, Laboratory of America Holdings'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)
=46.691/129.4194*129.4194
=46.691

Current CPI (Mar. 2024) = 129.4194.

Laboratory of America Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.822 100.560 12.641
201409 10.485 100.428 13.512
201412 11.604 99.070 15.159
201503 15.014 99.621 19.505
201506 17.221 100.684 22.136
201509 21.975 100.392 28.329
201512 21.606 99.792 28.021
201603 21.091 100.470 27.168
201606 19.984 101.688 25.434
201609 18.721 101.861 23.786
201612 18.754 101.863 23.827
201703 18.094 102.862 22.766
201706 20.085 103.349 25.152
201709 19.796 104.136 24.602
201712 21.761 104.011 27.077
201803 22.581 105.290 27.756
201806 26.235 106.317 31.936
201809 28.318 106.507 34.410
201812 26.768 105.998 32.683
201903 26.935 107.251 32.503
201906 28.115 108.070 33.669
201909 30.681 108.329 36.654
201912 30.924 108.420 36.914
202003 35.488 108.902 42.174
202006 36.760 108.767 43.740
202009 53.616 109.815 63.188
202012 58.745 109.897 69.181
202103 59.519 111.754 68.927
202106 49.167 114.631 55.510
202109 55.217 115.734 61.746
202112 15.727 117.630 17.303
202203 51.612 121.301 55.066
202206 39.807 125.017 41.209
202209 41.434 125.227 42.821
202212 43.070 125.222 44.514
202303 55.274 127.348 56.173
202306 41.313 128.729 41.535
202309 43.381 129.860 43.234
202312 43.458 129.419 43.458
202403 46.691 129.419 46.691

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.


Laboratory of America Holdings  (BSP:L1CA34) 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.


Laboratory of America Holdings Cyclically Adjusted PS Ratio Related Terms

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


Laboratory of America Holdings (BSP:L1CA34) Business Description

Traded in Other Exchanges
Address
358 South Main Street, Burlington, NC, USA, 27215
Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.

Laboratory of America Holdings (BSP:L1CA34) Headlines

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