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Liquidity Services (Liquidity Services) Cyclically Adjusted PS Ratio : 1.58 (As of Apr. 27, 2024)


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What is Liquidity Services Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Liquidity Services's current share price is $17.42. Liquidity Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.02. Liquidity Services's Cyclically Adjusted PS Ratio for today is 1.58.

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

LQDT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.7   Max: 2.3
Current: 1.56

During the past years, Liquidity Services's highest Cyclically Adjusted PS Ratio was 2.30. The lowest was 0.25. And the median was 0.70.

LQDT's Cyclically Adjusted PS Ratio is ranked worse than
82.05% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs LQDT: 1.56

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.

Liquidity Services's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.233. 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 $11.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liquidity Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Liquidity Services'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.

Liquidity Services Cyclically Adjusted PS Ratio Chart

Liquidity Services Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.62 1.80 1.36 1.56

Liquidity Services 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 1.20 1.13 1.44 1.56 1.56

Competitive Comparison of Liquidity Services's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, Liquidity Services'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.


Liquidity Services's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Liquidity Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Liquidity Services 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.

Liquidity Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.42/11.02
=1.58

* 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.

Liquidity Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Liquidity Services'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)
=2.233/129.4194*129.4194
=2.233

Current CPI (Dec. 2023) = 129.4194.

Liquidity Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.970 99.695 5.154
201406 4.104 100.560 5.282
201409 3.960 100.428 5.103
201412 4.182 99.070 5.463
201503 3.433 99.621 4.460
201506 2.990 100.684 3.843
201509 2.641 100.392 3.405
201512 2.160 99.792 2.801
201603 2.840 100.470 3.658
201606 2.772 101.688 3.528
201609 2.554 101.861 3.245
201612 2.265 101.863 2.878
201703 2.307 102.862 2.903
201706 2.081 103.349 2.606
201709 1.948 104.136 2.421
201712 1.918 104.011 2.387
201803 1.880 105.290 2.311
201806 1.575 106.317 1.917
201809 1.625 106.507 1.975
201812 1.648 105.998 2.012
201903 1.722 107.251 2.078
201906 1.715 108.070 2.054
201909 1.766 108.329 2.110
201912 1.476 108.420 1.762
202003 1.571 108.902 1.867
202006 1.411 108.767 1.679
202009 1.664 109.815 1.961
202012 1.597 109.897 1.881
202103 1.738 111.754 2.013
202106 1.966 114.631 2.220
202109 2.005 115.734 2.242
202112 1.913 117.630 2.105
202203 2.008 121.301 2.142
202206 2.112 125.017 2.186
202209 2.290 125.227 2.367
202212 2.194 125.222 2.268
202303 2.536 127.348 2.577
202306 2.563 128.729 2.577
202309 2.521 129.860 2.512
202312 2.233 129.419 2.233

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.


Liquidity Services  (NAS:LQDT) 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.


Liquidity Services Cyclically Adjusted PS Ratio Related Terms

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


Liquidity Services (Liquidity Services) Business Description

Traded in Other Exchanges
Address
6931 Arlington Road, Suite 460, Bethesda, MD, USA, 20814
Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.
Executives
Steven Weiskircher officer: SVP & CTO 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Angrick William P Iii director, 10 percent owner, officer: Chairman of the Board and CEO C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Novelette Murray officer: Chief Human Resources Officer 6931 ARLINGTON ROAD SUITE 200, BETHESDA MD 20814
John Daunt officer: EVP & COO C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
George H Ellis director 2911 TURTLE CREEK BOULEVARD, SUITE 1100, DALLAS TX 75219
Jorge Celaya officer: EVP & Chief Financial Officer 1920 L STREET NW, 6TH FLOOR, WASHINGTON DC 20036
Katharin S Dyer director 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Thierno Amath Fall director 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Jaime Mateus-tique director, 10 percent owner, officer: President and Chief Op Officer 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Mark A Shaffer officer: VP, Gen. Counsel & Secretary C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Edward Kolodzieski director C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Nicholas Rozdilsky officer: Vice President, Marketing C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Beatriz V Infante director 4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Sam Guzman officer: VP & Chief Accounting Officer C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Michael Lutz officer: VP, Human Resources C/O 6931 ARLINGTON ROAD, BETHESDA MD 20814