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LKQ (BSP:L1KQ34) Cyclically Adjusted PS Ratio : 1.22 (As of May. 25, 2024)


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What is LKQ Cyclically Adjusted PS Ratio?

As of today (2024-05-25), LKQ's current share price is R$245.95. LKQ's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$200.91. LKQ's Cyclically Adjusted PS Ratio for today is 1.22.

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

BSP:L1KQ34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.71   Max: 4.32
Current: 0.98

During the past years, LKQ's highest Cyclically Adjusted PS Ratio was 4.32. The lowest was 0.66. And the median was 1.71.

BSP:L1KQ34's Cyclically Adjusted PS Ratio is ranked worse than
59.1% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BSP:L1KQ34: 0.98

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.

LKQ's adjusted revenue per share data for the three months ended in Mar. 2024 was R$68.884. 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 R$200.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LKQ Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LKQ'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.

LKQ Cyclically Adjusted PS Ratio Chart

LKQ 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 1.45 1.27 1.82 1.41 1.13

LKQ 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 1.44 1.44 1.19 1.13 1.22

Competitive Comparison of LKQ's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, LKQ'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.


LKQ's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LKQ's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LKQ 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=245.95/200.91
=1.22

* 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.

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

For example, LKQ'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)
=68.884/131.7762*131.7762
=68.884

Current CPI (Mar. 2024) = 131.7762.

LKQ Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.496 100.560 16.375
201409 13.140 100.428 17.242
201412 14.511 99.070 19.302
201503 18.154 99.621 24.014
201506 18.615 100.684 24.364
201509 23.234 100.392 30.497
201512 22.036 99.792 29.099
201603 22.981 100.470 30.142
201606 25.471 101.688 33.008
201609 23.162 101.861 29.964
201612 23.257 101.863 30.087
201703 23.613 102.862 30.250
201706 26.100 103.349 33.279
201709 24.854 104.136 31.451
201712 26.158 104.011 33.141
201803 28.654 105.290 35.862
201806 36.397 106.317 45.113
201809 40.165 106.507 49.694
201812 36.607 105.998 45.510
201903 37.679 107.251 46.295
201906 40.049 108.070 48.834
201909 42.107 108.329 51.221
201912 40.206 108.420 48.867
202003 47.801 108.902 57.842
202006 44.796 108.767 54.272
202009 54.036 109.815 64.842
202012 49.906 109.897 59.842
202103 58.818 111.754 69.356
202106 57.290 114.631 65.859
202109 59.020 115.734 67.201
202112 61.955 117.630 69.406
202203 58.093 121.301 63.110
202206 59.739 125.017 62.969
202209 59.272 125.227 62.372
202212 58.649 125.222 61.719
202303 65.015 127.348 67.276
202306 62.400 128.729 63.877
202309 65.653 129.860 66.622
202312 63.937 129.419 65.101
202403 68.884 131.776 68.884

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.


LKQ  (BSP:L1KQ34) 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.


LKQ Cyclically Adjusted PS Ratio Related Terms

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


LKQ (BSP:L1KQ34) Business Description

Traded in Other Exchanges
Address
500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661
LKQ is a Global distributor of non-OEM automotive parts. Initially formed in 1998 as a consolidator of auto salvage operations in the United States, it has since greatly expanded its scope to include distribution of new mechanical and collision parts, specialty auto equipment, and remanufactured and recycled parts in both Europe and North America. It still maintains its auto salvage business and owns over 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ purchases over 300,000 salvage automobiles annually that are used to extract parts for resale. Globally, the company maintains approximately 1,700 facilities.

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