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Brompton Lifeco Split (TSX:LCS) Cyclically Adjusted PS Ratio : 4.82 (As of Apr. 28, 2024)


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What is Brompton Lifeco Split Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Brompton Lifeco Split's current share price is C$6.36. Brompton Lifeco Split's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was C$1.32. Brompton Lifeco Split's Cyclically Adjusted PS Ratio for today is 4.82.

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

TSX:LCS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 4.66   Max: 7
Current: 4.84

During the past 13 years, Brompton Lifeco Split's highest Cyclically Adjusted PS Ratio was 7.00. The lowest was 1.16. And the median was 4.66.

TSX:LCS's Cyclically Adjusted PS Ratio is ranked better than
64.5% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs TSX:LCS: 4.84

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.

Brompton Lifeco Split's adjusted revenue per share data of for the fiscal year that ended in Dec23 was C$3.680. 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 C$1.32 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brompton Lifeco Split Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brompton Lifeco Split'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.

Brompton Lifeco Split Cyclically Adjusted PS Ratio Chart

Brompton Lifeco Split 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 4.63 3.57 3.58 2.71 4.86

Brompton Lifeco Split 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 3.58 - 2.71 - 4.86

Competitive Comparison of Brompton Lifeco Split's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Brompton Lifeco Split'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.


Brompton Lifeco Split's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Brompton Lifeco Split 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.

Brompton Lifeco Split's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.36/1.32
=4.82

* 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.

Brompton Lifeco Split's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Brompton Lifeco Split'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)
=3.68/125.4675*125.4675
=3.680

Current CPI (Dec23) = 125.4675.

Brompton Lifeco Split Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.961 98.367 1.226
201512 0.438 99.947 0.550
201612 2.413 101.449 2.984
201712 1.363 103.345 1.655
201812 -2.985 105.399 -3.553
201912 5.028 107.769 5.854
202012 -2.400 108.559 -2.774
202112 3.721 113.774 4.103
202212 -0.551 120.964 -0.572
202312 3.680 125.468 3.680

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.


Brompton Lifeco Split  (TSX:LCS) 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.


Brompton Lifeco Split Cyclically Adjusted PS Ratio Related Terms

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


Brompton Lifeco Split (TSX:LCS) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brompton Lifeco Split Corp is a mutual fund corporation based in Canada. It invests in a portfolio comprised of common shares of major publicly traded Canadian life insurance companies. The Fund's objectives in managing its capital are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price to the holders of the shares on the maturity date, the terms of which may be extended for periods of up to five years as determined by the Board of Directors, and to provide holders of Class A shares with regular monthly cash distributions targeted to be $0.075 per share and the opportunity for growth in Net Asset Value per share.

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