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Legrand (XPAR:LR) Cyclically Adjusted PS Ratio : 3.82 (As of May. 20, 2024)


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What is Legrand Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Legrand's current share price is €101.10. Legrand's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €26.48. Legrand's Cyclically Adjusted PS Ratio for today is 3.82.

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

XPAR:LR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.65   Med: 3.58   Max: 4.83
Current: 3.82

During the past years, Legrand's highest Cyclically Adjusted PS Ratio was 4.83. The lowest was 2.65. And the median was 3.58.

XPAR:LR's Cyclically Adjusted PS Ratio is ranked worse than
79.87% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs XPAR:LR: 3.82

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.

Legrand's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.689. 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 €26.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Legrand Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Legrand'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.

Legrand Cyclically Adjusted PS Ratio Chart

Legrand 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 3.76 3.65 4.80 3.13 3.63

Legrand Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.40 3.60 3.41 3.63 3.71

Competitive Comparison of Legrand's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Legrand'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.


Legrand's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Legrand's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Legrand 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.

Legrand's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.10/26.48
=3.82

* 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.

Legrand's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Legrand's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.689/119.4700*119.4700
=7.689

Current CPI (Mar. 2024) = 119.4700.

Legrand Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.294 100.180 5.121
201409 4.097 99.920 4.899
201412 4.372 99.860 5.231
201503 4.333 100.170 5.168
201506 4.679 100.440 5.566
201509 4.310 99.950 5.152
201512 4.644 100.040 5.546
201603 4.426 100.020 5.287
201606 4.732 100.630 5.618
201609 4.721 100.340 5.621
201612 4.900 100.650 5.816
201703 4.912 101.170 5.801
201706 5.023 101.320 5.923
201709 4.897 101.330 5.774
201712 5.707 101.850 6.694
201803 5.359 102.750 6.231
201806 5.720 103.370 6.611
201809 5.396 103.560 6.225
201812 5.818 103.470 6.718
201903 5.764 103.890 6.628
201906 6.214 104.580 7.099
201909 6.185 104.500 7.071
201912 6.450 104.980 7.340
202003 5.624 104.590 6.424
202006 4.890 104.790 5.575
202009 6.177 104.550 7.059
202012 5.977 104.960 6.803
202103 6.219 105.750 7.026
202106 6.613 106.340 7.430
202109 6.393 106.810 7.151
202112 6.807 107.850 7.540
202203 7.338 110.490 7.934
202206 7.894 112.550 8.379
202209 7.694 112.740 8.153
202212 8.159 114.160 8.539
202303 8.013 116.790 8.197
202306 8.005 117.650 8.129
202309 7.555 118.260 7.632
202312 7.967 118.390 8.040
202403 7.689 119.470 7.689

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.


Legrand  (XPAR:LR) 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.


Legrand Cyclically Adjusted PS Ratio Related Terms

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


Legrand (XPAR:LR) Business Description

Industry
Address
128, Avenue de Lattre de Tassigny, Cedex, Limoges, FRA, 87045
Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and nonresidential (40%) buildings. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors, including Rexel and Sonepar. North America and Europe each account for 40% of group sales.

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