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Livestock Improvement (NZSE:LIC) Cyclically Adjusted PS Ratio : 0.60 (As of Jun. 11, 2024)


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What is Livestock Improvement Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Livestock Improvement's current share price is NZ$1.22. Livestock Improvement's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May22 was NZ$2.05. Livestock Improvement's Cyclically Adjusted PS Ratio for today is 0.60.

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

NZSE:LIC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.5   Max: 1.47
Current: 0.6

During the past 13 years, Livestock Improvement's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.34. And the median was 0.50.

NZSE:LIC's Cyclically Adjusted PS Ratio is ranked better than
58.21% of 1388 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs NZSE:LIC: 0.60

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.

Livestock Improvement's adjusted revenue per share data of for the fiscal year that ended in May22 was NZ$1.849. 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 NZ$2.05 for the trailing ten years ended in May22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Livestock Improvement Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Livestock Improvement'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.

Livestock Improvement Cyclically Adjusted PS Ratio Chart

Livestock Improvement Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.51 0.38 0.63 0.79

Livestock Improvement Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
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 0.63 - 0.79 - -

Competitive Comparison of Livestock Improvement's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Livestock Improvement'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.


Livestock Improvement's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Livestock Improvement's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Livestock Improvement 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.

Livestock Improvement's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.22/2.05
=0.60

* 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.

Livestock Improvement's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May22 is calculated as:

For example, Livestock Improvement's adjusted Revenue per Share data for the fiscal year that ended in May22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May22 (Change)*Current CPI (May22)
=1.849/118.6897*118.6897
=1.849

Current CPI (May22) = 118.6897.

Livestock Improvement Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201305 1.639 98.061 1.984
201405 1.756 99.646 2.092
201505 1.934 100.063 2.294
201605 1.736 100.480 2.051
201705 1.686 102.231 1.957
201805 2.105 103.764 2.408
201905 1.779 105.502 2.001
202005 1.784 107.035 1.978
202105 1.749 110.614 1.877
202205 1.849 118.690 1.849

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.


Livestock Improvement  (NZSE:LIC) 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.


Livestock Improvement Cyclically Adjusted PS Ratio Related Terms

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Livestock Improvement (NZSE:LIC) Business Description

Traded in Other Exchanges
N/A
Address
605 Ruakura Road, Newstead, Hamilton, NTL, NZL, 3286
Livestock Improvement Corp Ltd is an agri-tech and herd improvement company. The company's operating segments include NZ market genetics; Herd testing; Farm software and Diagnostics. It generates maximum revenue from the NZ market genetics segment. The NZ market genetics segment provides bovine genetic breeding material and related services, predominately to dairy farmers. Geographically, it derives a majority of revenue from New Zealand.

Livestock Improvement (NZSE:LIC) Headlines

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