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LSI Industries (LSI Industries) Cyclically Adjusted PS Ratio : 0.94 (As of Apr. 27, 2024)


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What is LSI Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-27), LSI Industries's current share price is $14.77. LSI Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.72. LSI Industries's Cyclically Adjusted PS Ratio for today is 0.94.

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

LYTS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.58   Max: 1.02
Current: 0.94

During the past years, LSI Industries's highest Cyclically Adjusted PS Ratio was 1.02. The lowest was 0.20. And the median was 0.58.

LYTS's Cyclically Adjusted PS Ratio is ranked better than
51.83% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs LYTS: 0.94

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.

LSI Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.628. 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 $15.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LSI Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LSI Industries'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.

LSI Industries Cyclically Adjusted PS Ratio Chart

LSI Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.49 0.59 0.41 0.80

LSI Industries 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 0.90 0.80 1.00 0.90 -

Competitive Comparison of LSI Industries's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, LSI Industries'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.


LSI Industries's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LSI Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



LSI Industries 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.

LSI Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.77/15.72
=0.94

* 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.

LSI Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, LSI Industries's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.628/129.4194*129.4194
=3.628

Current CPI (Dec. 2023) = 129.4194.

LSI Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.828 99.695 3.671
201406 3.009 100.560 3.873
201409 3.202 100.428 4.126
201412 3.457 99.070 4.516
201503 2.784 99.621 3.617
201506 3.055 100.684 3.927
201509 3.411 100.392 4.397
201512 3.305 99.792 4.286
201603 2.753 100.470 3.546
201606 3.123 101.688 3.975
201609 3.248 101.861 4.127
201612 3.320 101.863 4.218
201703 3.071 102.862 3.864
201706 3.181 103.349 3.983
201709 3.391 104.136 4.214
201712 3.570 104.011 4.442
201803 2.982 105.290 3.665
201806 3.213 106.317 3.911
201809 3.222 106.507 3.915
201812 3.433 105.998 4.192
201903 2.787 107.251 3.363
201906 3.113 108.070 3.728
201909 3.374 108.329 4.031
201912 3.105 108.420 3.706
202003 2.667 108.902 3.169
202006 2.384 108.767 2.837
202009 2.596 109.815 3.059
202012 2.792 109.897 3.288
202103 2.604 111.754 3.016
202106 3.502 114.631 3.954
202109 3.835 115.734 4.288
202112 3.960 117.630 4.357
202203 3.921 121.301 4.183
202206 4.530 125.017 4.690
202209 4.433 125.227 4.581
202212 4.410 125.222 4.558
202303 3.967 127.348 4.032
202306 4.108 128.729 4.130
202309 4.121 129.860 4.107
202312 3.628 129.419 3.628

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.


LSI Industries  (NAS:LYTS) 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.


LSI Industries Cyclically Adjusted PS Ratio Related Terms

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


LSI Industries (LSI Industries) Business Description

Industry
Traded in Other Exchanges
Address
10000 Alliance Road, Cincinnati, OH, USA, 45242
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Lighting segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.
Executives
James E Galeese officer: Executive VP; CFO LSI INDUSTRIES INC., 10000 ALLIANCE RD, CINCINNATI OH 45242
James Anthony Clark officer: CEO and President 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Jeffery S. Bastian officer: Chief Accounting Officer C/O LSI INDUSTRIES, 10000 ALLIANCE RD., CINCINNATI OH 45242
Thomas A Caneris officer: Sr. VP, HR and General Counsel 1901 CAMPUS PLACE, LOUISVILLE KY 40299
Michael A. Prachar officer: Chief Marketing Officer 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Ronald D Brown director 2090 FLORENCE AVENUE, CINCINNATI OH 45206
Amy Hanson director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Chantel E Lenard director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Robert P. Beech director 9938 ZIG ZAG ROAD, CINCINNATI OH 45242
Marshall Ernest W Jr director 1000 EATON BLVD, CLEVELAND OH 44122
Steve A. Brunker officer: CIO 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Sylvia M. Astrop officer: SVP Global Sourcing 10000 ALLIANCE ROAD, CINCINNATI OH 45242
John K Morgan director 1310 SEABOARD INDUSTRIAL BLVD, ATLANTA GA 30318
Michael C Beck officer: Sr Vice President - Operations 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Crawford C. Lipsey officer: Interim President and COO 10000 ALLIANCE ROAD, CINCINNATI OH 45242