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Leggett & Platt (Leggett & Platt) Cyclically Adjusted PS Ratio : 0.48 (As of Apr. 27, 2024)


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What is Leggett & Platt Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Leggett & Platt's current share price is $17.99. Leggett & Platt's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $37.34. Leggett & Platt's Cyclically Adjusted PS Ratio for today is 0.48.

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

LEG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.44   Max: 2.1
Current: 0.48

During the past years, Leggett & Platt's highest Cyclically Adjusted PS Ratio was 2.10. The lowest was 0.47. And the median was 1.44.

LEG's Cyclically Adjusted PS Ratio is ranked better than
64.63% of 311 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.81 vs LEG: 0.48

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.

Leggett & Platt's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.163. 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 $37.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leggett & Platt Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Leggett & Platt'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.

Leggett & Platt Cyclically Adjusted PS Ratio Chart

Leggett & Platt 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 1.74 1.47 1.25 0.90 0.70

Leggett & Platt 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 0.90 0.87 0.80 0.68 0.70

Competitive Comparison of Leggett & Platt's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt'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.


Leggett & Platt's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Leggett & Platt 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.

Leggett & Platt's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.99/37.34
=0.48

* 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.

Leggett & Platt's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Leggett & Platt'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)
=8.163/129.4194*129.4194
=8.163

Current CPI (Dec. 2023) = 129.4194.

Leggett & Platt Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.080 99.695 7.893
201406 6.681 100.560 8.598
201409 6.999 100.428 9.019
201412 6.657 99.070 8.696
201503 6.719 99.621 8.729
201506 6.955 100.684 8.940
201509 7.081 100.392 9.128
201512 6.652 99.792 8.627
201603 6.646 100.470 8.561
201606 6.844 101.688 8.710
201609 6.807 101.861 8.649
201612 6.483 101.863 8.237
201703 6.954 102.862 8.749
201706 7.200 103.349 9.016
201709 7.375 104.136 9.166
201712 7.202 104.011 8.961
201803 7.548 105.290 9.278
201806 8.167 106.317 9.942
201809 8.103 106.507 9.846
201812 7.776 105.998 9.494
201903 8.556 107.251 10.325
201906 8.973 108.070 10.746
201909 9.153 108.329 10.935
201912 8.418 108.420 10.048
202003 7.710 108.902 9.163
202006 6.228 108.767 7.411
202009 8.873 109.815 10.457
202012 8.678 109.897 10.220
202103 8.444 111.754 9.779
202106 9.281 114.631 10.478
202109 9.636 115.734 10.775
202112 9.751 117.630 10.728
202203 9.659 121.301 10.305
202206 9.760 125.017 10.104
202209 9.511 125.227 9.829
202212 8.780 125.222 9.074
202303 8.904 127.348 9.049
202306 8.940 128.729 8.988
202309 8.592 129.860 8.563
202312 8.163 129.419 8.163

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.


Leggett & Platt  (NYSE:LEG) 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.


Leggett & Platt Cyclically Adjusted PS Ratio Related Terms

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


Leggett & Platt (Leggett & Platt) Business Description

Traded in Other Exchanges
Address
No. 1 Leggett Road, Carthage, MO, USA, 64836
Leggett & Platt Inc designs and produces engineered components and products found in most homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring and Textile Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture and work furniture, flooring underlayment, adjustable beds, and various other products.
Executives
Ryan Michael Kleiboeker officer: SVP-Chief Strategic Plan. Off. NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Phoebe A Wood director PO BOX 1080, LOUISVILLE KY 40201
Scott S Douglas officer: SVP-Gen. Counsel and Secretary NO 1 LEGGETT ROAD, CARTHAGE MO 64836
Karl G Glassman director, officer: Executive Vice President LEGGETT & PLATT, INCORPORATED, NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Angela Barbee director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Benjamin Michael Burns officer: SVP-Business Support Services NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
James Tyson Hagale officer: SVP, Pres. - Bedding Products NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Christina Ptasinski officer: SVP - Chief HR Officer NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
J Mitchell Dolloff director, officer: President and COO NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Steven K Henderson officer: Executive Vice President NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Tammy M Trent officer: SVP - Chief Accounting Officer NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Jeffrey L. Tate officer: Executive Vice President - CFO 2211 H.H. DOW WAY, MIDLAND MI 48674
Susan R Mccoy officer: SVP - Investor Relations NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Judy C Odom director 2140 MERRITT DRIVE, GARLAND TX 75401
Maryelizabeth R Campbell director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836

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