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LMS Capital (LSE:LMS) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is LMS Capital Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LMS Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LMS Capital'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.

LMS Capital Cyclically Adjusted PS Ratio Chart

LMS Capital 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 9.04 11.97 54.56 29.09 1,011.73

LMS Capital 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 54.56 - 29.09 - 1,011.73

Competitive Comparison of LMS Capital's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, LMS Capital'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.


LMS Capital's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



LMS Capital 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.

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

For example, LMS Capital'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)
=-0.019/130.5000*130.5000
=-0.019

Current CPI (Dec23) = 130.5000.

LMS Capital Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.088 99.900 0.115
201512 0.033 100.400 0.043
201612 -0.156 102.200 -0.199
201712 0.094 105.000 0.117
201812 -0.038 107.100 -0.046
201912 -0.030 108.500 -0.036
202012 -0.021 109.400 -0.025
202112 0.046 114.700 0.052
202212 0.001 125.300 0.001
202312 -0.019 130.500 -0.019

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.


LMS Capital  (LSE:LMS) 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.


LMS Capital Cyclically Adjusted PS Ratio Related Terms

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LMS Capital (LSE:LMS) Business Description

Traded in Other Exchanges
Address
3 Bromley Place, London, GBR, W1T 6DB
LMS Capital PLC is a United Kingdom-based investment firm that provides funding to small to medium-sized public and private businesses. Its investment objective is to achieve total returns over the medium to longer-term, principally through capital gains and supplemented with the generation of longer-term income yield. The company focuses on established, profitable, and cash-generative companies. Its investment portfolio consists of publicly quoted and private company investments in the United States and invests in various sectors, which include technology, property, energy, and consumer.

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