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LGI Homes (LGI Homes) Cyclically Adjusted Revenue per Share : $80.97 (As of Mar. 2024)


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What is LGI Homes Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2024 was $16.509. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $80.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LGI Homes's average Cyclically Adjusted Revenue Growth Rate was 14.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-22), LGI Homes's current stock price is $100.14. LGI Homes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $80.97. LGI Homes's Cyclically Adjusted PS Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LGI Homes was 2.66. The lowest was 1.15. And the median was 1.57.


LGI Homes Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for LGI Homes's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

LGI Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 58.15 67.78 78.37

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 Revenue per Share 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 70.61 73.46 76.46 78.37 80.97

Competitive Comparison of LGI Homes's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=16.509/131.7762*131.7762
=16.509

Current CPI (Mar. 2024) = 131.7762.

LGI Homes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.099 100.560 6.682
201409 4.430 100.428 5.813
201412 4.884 99.070 6.496
201503 5.069 99.621 6.705
201506 7.475 100.684 9.783
201509 8.561 100.392 11.237
201512 8.047 99.792 10.626
201603 7.940 100.470 10.414
201606 10.365 101.688 13.432
201609 9.540 101.861 12.342
201612 10.237 101.863 13.243
201703 7.149 102.862 9.159
201706 13.947 103.349 17.783
201709 15.214 104.136 19.252
201712 15.886 104.011 20.127
201803 11.264 105.290 14.098
201806 16.793 106.317 20.814
201809 15.278 106.507 18.903
201812 16.582 105.998 20.615
201903 11.464 107.251 14.086
201906 18.213 108.070 22.208
201909 18.928 108.329 23.025
201912 23.534 108.420 28.604
202003 17.768 108.902 21.500
202006 19.147 108.767 23.197
202009 21.151 109.815 25.381
202012 35.141 109.897 42.137
202103 27.991 111.754 33.006
202106 31.582 114.631 36.306
202109 30.277 115.734 34.474
202112 32.637 117.630 36.562
202203 22.570 121.301 24.519
202206 30.450 125.017 32.096
202209 23.292 125.227 24.510
202212 20.770 125.222 21.857
202303 20.625 127.348 21.342
202306 27.332 128.729 27.979
202309 26.122 129.860 26.508
202312 25.883 129.419 26.354
202403 16.509 131.776 16.509

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


LGI Homes  (NAS:LGIH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=100.14/80.97
=1.24

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LGI Homes was 2.66. The lowest was 1.15. And the median was 1.57.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


LGI Homes Cyclically Adjusted Revenue per Share Related Terms

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


LGI Homes (LGI Homes) 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.
Executives
Steven Randal Smith director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Michael Larry Snider officer: See Remarks 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Eric Thomas Lipar director, 10 percent owner, officer: Chief Executive Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Scott James Garber officer: General Counsel and Secretary 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX 77380
Ryan Edone director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS X1 77380
Maria Renna Sharpe director 11 EDWARDS COURT, MT. KISCO NY 10549
Charles Michael Merdian director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Rachel Lyons Eaton officer: Chief Marketing Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Jack Anthony Lipar officer: See Remarks 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Shailee Parikh director 27 N. ABERDEEN ST., UNIT 4S, CHICAGO IL 60607
Duncan S Gage director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Robert Karnig Vahradian director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Bryan Christopher Sansbury director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Laura Marie Miller director 320 QUIET WATER LANE, ATLANTA GA 30350
Margaret Mary Britton officer: Chief Administrative Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380