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LG Display Co (XKRX:034220) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is LG Display Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LG Display Co'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.

LG Display Co Cyclically Adjusted PS Ratio Chart

LG Display Co 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 0.20 0.23 0.29 0.15 -

LG Display Co 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 0.15 0.19 0.19 0.15 -

Competitive Comparison of LG Display Co's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, LG Display Co'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.


LG Display Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Display Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LG Display Co 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.

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

For example, LG Display Co'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)
=18982.501/118.8477*118.8477
=18,982.501

Current CPI (Dec. 2023) = 118.8477.

LG Display Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 15,032.817 99.253 18,000.622
201406 16,085.660 99.353 19,241.932
201409 17,613.271 99.608 21,015.348
201412 22,442.663 99.098 26,915.365
201503 18,892.518 99.720 22,516.369
201506 18,041.327 100.050 21,430.987
201509 19,258.006 100.110 22,862.548
201512 20,166.126 100.220 23,914.365
201603 16,112.997 100.560 19,043.284
201606 15,752.333 100.790 18,574.547
201609 18,089.252 101.460 21,189.296
201612 21,350.433 101.560 24,984.737
201703 18,999.629 102.850 21,954.907
201706 17,833.968 102.610 20,656.136
201709 18,760.008 103.490 21,543.954
201712 19,171.571 102.990 22,123.479
201803 15,268.130 104.100 17,431.144
201806 15,096.174 104.130 17,229.862
201809 16,417.441 105.650 18,468.293
201812 18,691.945 104.350 21,288.880
201903 15,815.930 104.490 17,989.156
201906 14,402.502 104.880 16,320.597
201909 15,662.311 105.200 17,694.198
201912 17,276.554 105.120 19,532.712
202003 12,709.844 105.540 14,312.448
202006 14,277.700 104.870 16,180.717
202009 18,126.570 106.200 20,285.322
202012 20,157.775 105.765 22,651.124
202103 18,516.979 107.357 20,498.861
202106 18,739.763 107.579 20,702.795
202109 17,435.541 108.759 19,052.861
202112 23,692.537 109.676 25,673.741
202203 17,410.492 111.806 18,507.063
202206 13,485.905 114.083 14,049.171
202209 16,534.616 114.831 17,112.939
202212 19,643.874 115.200 20,265.844
202303 11,867.248 116.550 12,101.244
202306 12,748.375 117.140 12,934.235
202309 12,874.057 119.111 12,845.577
202312 18,982.501 118.848 18,982.501

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.


LG Display Co  (XKRX:034220) 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.


LG Display Co Cyclically Adjusted PS Ratio Related Terms

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


LG Display Co (XKRX:034220) Business Description

Industry
Traded in Other Exchanges
Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.

LG Display Co (XKRX:034220) Headlines

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