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Jordanian Mutual Funds Management Co (AMM:FUND) Cyclically Adjusted PS Ratio : (As of Jun. 14, 2024)


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What is Jordanian Mutual Funds Management Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jordanian Mutual Funds Management Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jordanian Mutual Funds Management Co'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.

Jordanian Mutual Funds Management Co Cyclically Adjusted PS Ratio Chart

Jordanian Mutual Funds Management Co 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 - - 39.48 20.12 -

Jordanian Mutual Funds Management Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 20.12 22.62 22.30 22.71 -

Competitive Comparison of Jordanian Mutual Funds Management Co's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Jordanian Mutual Funds Management Co'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.


Jordanian Mutual Funds Management Co's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jordanian Mutual Funds Management Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jordanian Mutual Funds Management Co's Cyclically Adjusted PS Ratio falls into.



Jordanian Mutual Funds Management Co 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.

Jordanian Mutual Funds Management Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jordanian Mutual Funds Management Co'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)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

Jordanian Mutual Funds Management Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.051 99.695 0.066
201406 0.049 100.560 0.063
201409 0.027 100.428 0.035
201412 0.023 99.070 0.030
201503 0.028 99.621 0.036
201506 0.046 100.684 0.059
201509 0.105 100.392 0.135
201512 -0.078 99.792 -0.101
201603 0.008 100.470 0.010
201606 0.017 101.688 0.022
201609 0.067 101.861 0.085
201612 0.103 101.863 0.131
201703 -0.034 102.862 -0.043
201706 -0.012 103.349 -0.015
201709 -0.003 104.136 -0.004
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 -0.001 106.317 -0.001
201809 0.000 106.507 0.000
201812 -0.002 105.998 -0.002
201903 0.001 107.251 0.001
201906 0.002 108.070 0.002
201909 0.001 108.329 0.001
201912 -0.007 108.420 -0.008
202003 -0.004 108.902 -0.005
202006 -0.003 108.767 -0.004
202009 0.003 109.815 0.004
202012 0.003 109.897 0.004
202103 -0.002 111.754 -0.002
202106 -0.001 114.631 -0.001
202109 -0.001 115.734 -0.001
202112 -0.016 117.630 -0.018
202203 0.000 121.301 0.000
202206 -0.003 125.017 -0.003
202209 -0.008 125.227 -0.008
202212 -0.050 125.222 -0.052
202303 -0.002 127.348 -0.002
202306 -0.004 128.729 -0.004
202309 -0.001 129.860 -0.001
202312 0.000 129.419 0.000

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.


Jordanian Mutual Funds Management Co  (AMM:FUND) 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.


Jordanian Mutual Funds Management Co Cyclically Adjusted PS Ratio Related Terms

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Jordanian Mutual Funds Management Co (AMM:FUND) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192
Website
Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds.