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LGI Homes (STU:LG1) Cyclically Adjusted PS Ratio : 1.21 (As of Jun. 04, 2024)


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What is LGI Homes Cyclically Adjusted PS Ratio?

As of today (2024-06-04), LGI Homes's current share price is €89.00. LGI Homes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €73.75. LGI Homes's Cyclically Adjusted PS Ratio for today is 1.21.

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

STU:LG1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.57   Max: 2.66
Current: 1.21

During the past years, LGI Homes's highest Cyclically Adjusted PS Ratio was 2.66. The lowest was 1.15. And the median was 1.57.

STU:LG1's Cyclically Adjusted PS Ratio is ranked worse than
64.1% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 0.88 vs STU:LG1: 1.21

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.

LGI Homes's adjusted revenue per share data for the three months ended in Mar. 2024 was €15.188. 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 €73.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LGI Homes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LGI Homes'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.

LGI Homes Cyclically Adjusted PS Ratio Chart

LGI Homes 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 - - 2.66 1.37 1.70

LGI Homes 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 1.61 1.84 1.30 1.70 1.44

Competitive Comparison of LGI Homes's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, LGI Homes'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.


LGI Homes's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LGI Homes 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.

LGI Homes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=89.00/73.75
=1.21

* 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.

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

For example, LGI Homes'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)
=15.188/131.7762*131.7762
=15.188

Current CPI (Mar. 2024) = 131.7762.

LGI Homes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.753 100.560 4.918
201409 3.438 100.428 4.511
201412 3.961 99.070 5.269
201503 4.684 99.621 6.196
201506 6.660 100.684 8.717
201509 7.628 100.392 10.013
201512 7.387 99.792 9.755
201603 7.130 100.470 9.352
201606 9.225 101.688 11.955
201609 8.500 101.861 10.996
201612 9.705 101.863 12.555
201703 6.684 102.862 8.563
201706 12.413 103.349 15.827
201709 12.765 104.136 16.153
201712 13.424 104.011 17.007
201803 9.135 105.290 11.433
201806 14.375 106.317 17.817
201809 13.093 106.507 16.199
201812 14.576 105.998 18.121
201903 10.146 107.251 12.466
201906 16.119 108.070 19.655
201909 17.187 108.329 20.907
201912 21.181 108.420 25.744
202003 16.080 108.902 19.458
202006 17.002 108.767 20.599
202009 17.957 109.815 21.548
202012 28.886 109.897 34.637
202103 23.512 111.754 27.724
202106 26.213 114.631 30.134
202109 25.736 115.734 29.303
202112 28.884 117.630 32.358
202203 20.493 121.301 22.263
202206 28.806 125.017 30.363
202209 23.525 125.227 24.755
202212 19.607 125.222 20.633
202303 19.263 127.348 19.933
202306 25.227 128.729 25.824
202309 24.476 129.860 24.837
202312 23.735 129.419 24.167
202403 15.188 131.776 15.188

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.


LGI Homes  (STU:LG1) 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.


LGI Homes Cyclically Adjusted PS Ratio Related Terms

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


LGI Homes (STU:LG1) Business Description

Traded in Other Exchanges
Address
1450 Lake Robbins Drive, Suite 430, The Woodlands, TX, USA, 77380
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.

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