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Park Lawn (TSX:PLC) Cyclically Adjusted PS Ratio : 1.72 (As of May. 18, 2024)


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What is Park Lawn Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Park Lawn's current share price is C$17.40. Park Lawn's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$10.14. Park Lawn's Cyclically Adjusted PS Ratio for today is 1.72.

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

TSX:PLC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.58   Med: 3.99   Max: 5.43
Current: 1.72

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.

TSX:PLC's Cyclically Adjusted PS Ratio is ranked worse than
70% of 60 companies
in the Personal Services industry
Industry Median: 1.06 vs TSX:PLC: 1.72

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 C$2.875. 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 C$10.14 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
=17.40/10.14
=1.72

* 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)
=2.875/126.2576*126.2576
=2.875

Current CPI (Mar. 2024) = 126.2576.

Park Lawn Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.318 99.473 1.673
201409 1.045 99.394 1.327
201412 1.124 98.367 1.443
201503 1.213 99.789 1.535
201506 1.160 100.500 1.457
201509 1.264 100.421 1.589
201512 0.992 99.947 1.253
201603 1.773 101.054 2.215
201606 2.294 102.002 2.840
201609 2.105 101.765 2.612
201612 1.916 101.449 2.385
201703 1.655 102.634 2.036
201706 1.773 103.029 2.173
201709 1.409 103.345 1.721
201712 1.600 103.345 1.955
201803 1.710 105.004 2.056
201806 1.920 105.557 2.297
201809 1.827 105.636 2.184
201812 1.826 105.399 2.187
201903 2.065 106.979 2.437
201906 1.865 107.690 2.187
201909 2.114 107.611 2.480
201912 2.360 107.769 2.765
202003 2.306 107.927 2.698
202006 2.665 108.401 3.104
202009 2.650 108.164 3.093
202012 3.178 108.559 3.696
202103 2.894 110.298 3.313
202106 2.844 111.720 3.214
202109 2.901 112.905 3.244
202112 2.870 113.774 3.185
202203 2.990 117.646 3.209
202206 2.749 120.806 2.873
202209 3.032 120.648 3.173
202212 3.372 120.964 3.520
202303 3.388 122.702 3.486
202306 3.217 124.203 3.270
202309 3.312 125.230 3.339
202312 3.298 125.072 3.329
202403 2.875 126.258 2.875

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  (TSX:PLC) 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 (TSX:PLC) 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.
Executives
Deborah Wallis Robinson Director

Park Lawn (TSX:PLC) Headlines