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Largo (LGO) Cyclically Adjusted PS Ratio : 0.63 (As of Jun. 06, 2024)


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What is Largo Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Largo's current share price is $2.03. Largo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.20. Largo's Cyclically Adjusted PS Ratio for today is 0.63.

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

LGO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 2.84   Max: 11.75
Current: 0.67

During the past years, Largo's highest Cyclically Adjusted PS Ratio was 11.75. The lowest was 0.47. And the median was 2.84.

LGO's Cyclically Adjusted PS Ratio is ranked better than
70.67% of 583 companies
in the Metals & Mining industry
Industry Median: 1.26 vs LGO: 0.67

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.

Largo's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.659. 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 $3.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Largo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Largo'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.

Largo Cyclically Adjusted PS Ratio Chart

Largo 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 2.52 3.76 3.04 1.76 0.71

Largo 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 1.65 1.30 0.89 0.71 0.52

Competitive Comparison of Largo's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Largo'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.


Largo's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Largo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Largo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.03/3.2
=0.63

* 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.

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

For example, Largo'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)
=0.659/126.2576*126.2576
=0.659

Current CPI (Mar. 2024) = 126.2576.

Largo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.269 99.947 0.340
201603 0.261 101.054 0.326
201606 0.355 102.002 0.439
201609 0.380 101.765 0.471
201612 0.533 101.449 0.663
201703 0.484 102.634 0.595
201706 0.599 103.029 0.734
201709 0.811 103.345 0.991
201712 0.779 103.345 0.952
201803 1.145 105.004 1.377
201806 1.240 105.557 1.483
201809 1.785 105.636 2.133
201812 1.754 105.399 2.101
201903 0.629 106.979 0.742
201906 0.413 107.690 0.484
201909 0.453 107.611 0.531
201912 0.473 107.769 0.554
202003 0.671 107.927 0.785
202006 0.148 108.401 0.172
202009 0.436 108.164 0.509
202012 0.551 108.559 0.641
202103 0.629 110.298 0.720
202106 0.826 111.720 0.933
202109 0.820 112.905 0.917
202112 0.769 113.774 0.853
202203 0.659 117.646 0.707
202206 1.302 120.806 1.361
202209 0.845 120.648 0.884
202212 0.742 120.964 0.774
202303 0.897 122.702 0.923
202306 0.829 124.203 0.843
202309 0.687 125.230 0.693
202312 0.690 125.072 0.697
202403 0.659 126.258 0.659

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.


Largo  (NAS:LGO) 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.


Largo Cyclically Adjusted PS Ratio Related Terms

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


Largo (LGO) Business Description

Industry
Traded in Other Exchanges
Address
55 University Avenue, Suite 1105, Toronto, ON, CAN, M5J 2H7
Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.

Largo (LGO) Headlines

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