GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Park Lawn Corp (OTCPK:PRRWF) » Definitions » Cyclically Adjusted PS Ratio

Park Lawn (Park Lawn) Cyclically Adjusted PS Ratio : 2.55 (As of Jun. 09, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Park Lawn Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Park Lawn's current share price is $19.00. Park Lawn's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.46. Park Lawn's Cyclically Adjusted PS Ratio for today is 2.55.

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

PRRWF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.58   Med: 3.99   Max: 5.43
Current: 2.56

During the past years, Park Lawn's highest Cyclically Adjusted PS Ratio was 5.43. The lowest was 1.58. And the median was 3.99.

PRRWF's Cyclically Adjusted PS Ratio is ranked worse than
67.8% of 59 companies
in the Personal Services industry
Industry Median: 0.99 vs PRRWF: 2.56

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.

Park Lawn's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.124. 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 $7.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Park Lawn Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Park Lawn'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.

Park Lawn Cyclically Adjusted PS Ratio Chart

Park Lawn 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 4.56 4.07 5.34 2.91 2.00

Park Lawn 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 3.03 2.58 1.92 2.00 1.65

Competitive Comparison of Park Lawn's Cyclically Adjusted PS Ratio

For the Personal Services subindustry, Park Lawn'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.


Park Lawn's Cyclically Adjusted PS Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Park Lawn's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Park Lawn 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.

Park Lawn's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.00/7.46
=2.55

* 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.

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

For example, Park Lawn'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)
=2.124/126.2576*126.2576
=2.124

Current CPI (Mar. 2024) = 126.2576.

Park Lawn Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.217 99.473 1.545
201409 0.949 99.394 1.205
201412 0.975 98.367 1.251
201503 0.961 99.789 1.216
201506 0.938 100.500 1.178
201509 0.953 100.421 1.198
201512 0.724 99.947 0.915
201603 1.341 101.054 1.675
201606 1.779 102.002 2.202
201609 1.606 101.765 1.993
201612 1.437 101.449 1.788
201703 1.237 102.634 1.522
201706 1.334 103.029 1.635
201709 1.147 103.345 1.401
201712 1.253 103.345 1.531
201803 1.322 105.004 1.590
201806 1.463 105.557 1.750
201809 1.401 105.636 1.674
201812 1.359 105.399 1.628
201903 1.545 106.979 1.823
201906 1.404 107.690 1.646
201909 1.596 107.611 1.873
201912 1.792 107.769 2.099
202003 1.652 107.927 1.933
202006 1.966 108.401 2.290
202009 2.003 108.164 2.338
202012 2.481 108.559 2.885
202103 2.302 110.298 2.635
202106 2.327 111.720 2.630
202109 2.290 112.905 2.561
202112 2.242 113.774 2.488
202203 2.362 117.646 2.535
202206 2.147 120.806 2.244
202209 2.273 120.648 2.379
202212 2.482 120.964 2.591
202303 2.476 122.702 2.548
202306 2.421 124.203 2.461
202309 2.448 125.230 2.468
202312 2.458 125.072 2.481
202403 2.124 126.258 2.124

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.


Park Lawn  (OTCPK:PRRWF) 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.


Park Lawn Cyclically Adjusted PS Ratio Related Terms

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


Park Lawn (Park Lawn) Business Description

Traded in Other Exchanges
Address
2 St. Clair Avenue West, Suite 705, Toronto, ON, CAN, M4T 2T5
Park Lawn Corp provides goods and services associated with the disposition and memorialization of remains in Canada and the United States. It owns and operates cemeteries, crematoriums, and funeral homes, and funeral services business. The entity generates revenue from the sale of cemetery property interment rights, cemetery services and merchandise sales, and funeral services and merchandise sales. It operates in the United States and Canada, of which key revenue is generated from the United States.