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Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Cyclically Adjusted PS Ratio : (As of May. 07, 2024)


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What is Ladenburg Thalmann Financial Services Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ladenburg Thalmann Financial Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ladenburg Thalmann Financial 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.

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Ladenburg Thalmann Financial Services Cyclically Adjusted PS Ratio Chart

Ladenburg Thalmann Financial Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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Ladenburg Thalmann Financial Services Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Ladenburg Thalmann Financial Services's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Ladenburg Thalmann Financial 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.


Ladenburg Thalmann Financial Services's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ladenburg Thalmann Financial Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ladenburg Thalmann Financial 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.

Ladenburg Thalmann Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2019 is calculated as:

For example, Ladenburg Thalmann Financial Services's adjusted Revenue per Share data for the three months ended in Dec. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=2.661/108.4201*108.4201
=2.661

Current CPI (Dec. 2019) = 108.4201.

Ladenburg Thalmann Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201003 0.256 91.821 0.302
201006 0.273 91.962 0.322
201009 0.263 92.162 0.309
201012 0.313 92.474 0.367
201103 0.303 94.283 0.348
201106 0.318 95.235 0.362
201109 0.263 95.727 0.298
201112 0.531 95.213 0.605
201203 0.842 96.783 0.943
201206 0.890 96.819 0.997
201209 0.871 97.633 0.967
201212 0.938 96.871 1.050
201303 0.994 98.209 1.097
201306 1.057 98.518 1.163
201309 1.103 98.790 1.211
201312 1.172 98.326 1.292
201403 1.047 99.695 1.139
201406 1.215 100.560 1.310
201409 1.063 100.428 1.148
201412 1.260 99.070 1.379
201503 1.507 99.621 1.640
201506 1.606 100.684 1.729
201509 1.538 100.392 1.661
201512 1.623 99.792 1.763
201603 1.466 100.470 1.582
201606 1.493 101.688 1.592
201609 1.515 101.861 1.613
201612 1.573 101.863 1.674
201703 1.510 102.862 1.592
201706 1.620 103.349 1.699
201709 1.671 104.136 1.740
201712 1.766 104.011 1.841
201803 1.681 105.290 1.731
201806 1.705 106.317 1.739
201809 1.674 106.507 1.704
201812 1.875 105.998 1.918
201903 2.341 107.251 2.367
201906 2.535 108.070 2.543
201909 2.531 108.329 2.533
201912 2.661 108.420 2.661

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.


Ladenburg Thalmann Financial Services  (AMEX:LTS) 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.


Ladenburg Thalmann Financial Services Cyclically Adjusted PS Ratio Related Terms

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Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, 12th Floor, Miami, FL, USA, 33137
Ladenburg Thalmann Financial Services Inc is a United States-based company that provides diversified financial services. The company conducts operations through a number of subsidiaries, with three operating segments. The independent brokerage and advisory services segment consists of broker-dealer and investment advisory services, along with wealth-management services. The Ladenburg segment comprises investment banking, sales and trading and asset management services, and investment activities. The insurance brokerage segment comprises wholesale insurance brokerage activities. The company generates the majority of revenue from the independent brokerage and advisory services segment. Its business is concentrated in the United States.
Executives
Howard M Lorber other: Former Director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Henry C Beinstein other: Former Director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Richard M Krasno other: Former Director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Brett Kaufman officer: Senior Vice President and CFO 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Glenn C Davis other: Former Director 4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Michael Liebowitz other: Former Director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen other: Former Director and Officer 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Mark Zeitchick other: Former Director and Officer GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Brian S Genson other: Former Director
Jacqueline M Simkin other: Former Director 801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Adam Scott Malamed other: Former Director and Officer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello other: Former Officer 520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Frost Phillip Md Et Al other: Former 10% Owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Frost Nevada Investments Trust other: Former 10% Owner 4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137