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Lindsay (Lindsay) Cyclically Adjusted PS Ratio : 1.93 (As of Apr. 27, 2024)


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What is Lindsay Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Lindsay's current share price is $116.24. Lindsay's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $60.26. Lindsay's Cyclically Adjusted PS Ratio for today is 1.93.

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

LNN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.09   Max: 3.37
Current: 1.93

During the past years, Lindsay's highest Cyclically Adjusted PS Ratio was 3.37. The lowest was 1.63. And the median was 2.09.

LNN's Cyclically Adjusted PS Ratio is ranked worse than
76.02% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.98 vs LNN: 1.93

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.

Lindsay's adjusted revenue per share data for the three months ended in Feb. 2024 was $13.682. 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 $60.26 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindsay Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lindsay'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.

Lindsay Cyclically Adjusted PS Ratio Chart

Lindsay Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 2.00 3.09 2.71 2.05

Lindsay Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.51 1.96 2.05 1.97 1.98

Competitive Comparison of Lindsay's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Lindsay'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.


Lindsay's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lindsay 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=116.24/60.26
=1.93

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=13.682/129.4194*129.4194
=13.682

Current CPI (Feb. 2024) = 129.4194.

Lindsay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 13.185 100.373 17.001
201408 11.573 100.352 14.925
201411 10.986 99.635 14.270
201502 11.750 99.032 15.355
201505 13.712 100.333 17.687
201508 10.818 100.548 13.924
201511 10.774 100.135 13.925
201602 10.937 100.040 14.149
201605 13.168 101.355 16.814
201608 12.463 101.617 15.873
201611 10.350 101.829 13.154
201702 11.629 102.779 14.643
201705 14.155 103.256 17.742
201708 12.296 103.587 15.362
201711 11.595 104.072 14.419
201802 12.108 105.052 14.917
201805 15.723 106.148 19.170
201808 11.415 106.383 13.887
201811 10.360 106.338 12.609
201902 10.123 106.649 12.284
201905 11.194 108.048 13.408
201908 9.417 108.245 11.259
201911 10.103 108.519 12.049
202002 10.481 109.139 12.429
202005 11.318 108.175 13.541
202008 11.800 109.662 13.926
202011 9.964 109.793 11.745
202102 13.075 110.968 15.249
202105 14.677 113.576 16.724
202108 13.919 115.421 15.607
202111 15.069 117.269 16.630
202202 18.171 119.703 19.646
202205 19.441 123.323 20.402
202208 17.191 124.958 17.805
202211 15.909 125.607 16.392
202302 15.027 126.928 15.322
202305 14.889 128.314 15.017
202308 15.113 129.538 15.099
202311 14.591 129.548 14.577
202402 13.682 129.419 13.682

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.


Lindsay  (NYSE:LNN) 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.


Lindsay Cyclically Adjusted PS Ratio Related Terms

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


Lindsay (Lindsay) Business Description

Traded in Other Exchanges
Address
18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
Lindsay Corp provides various proprietary water management and road infrastructure products and services. It has operations categorized into two main reporting segments: Irrigation, and Infrastructure. The company generates maximum revenue from the Irrigation segment. Its Irrigation segment includes manufacturing and marketing center pivot, lateral move, and hose reel irrigation systems, as well as various technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of its revenue from the United States.
Executives
Si Pablo Di director 18135 BURKE ST., SUITE 100, OMAHA NE 68022
James Scott Marion officer: President - Infrastructure Div 2222 NORTH 111TH ST, OMAHA NE 68164
Michael Nahl director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Ibrahim Gokcen director 18135 BURKE ST., SUITE 100, OMAHA NE 68022
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Gustavo E Oberto officer: President - Irrigation 18135 BURKE ST., SUITE 100, OMAHA NE 68022
Michael D Walter director ONE CONAGRA DRIVE, OMAHA NE 68102
Randy A Wood officer: Pres - Agricultural Irrigation 2222 N 111TH STREET, OMAHA NE 68164
Mary A Lindsey director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Bill Welsh director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Madere Consuelo E. director 800 N. LINDBERGH BLVD., ST. LOUIS MO 63167
David B Downing officer: Vice President & CFO 2707 N. 108TH ST., SUITE 102, OMAHA NE 68164
Timothy L Hassinger director, officer: President and CEO 2222 NORTH 111TH ST, OMAHA NE 68164
Rick Parod officer: President & CEO 2707 N 108TH STREET STE102, OMAHA NE 68164
Brian L Ketcham officer: Vice President and CFO 2222 N 111TH STREET, OMAHA NE 68164