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Dividend 15 Split II (Dividend 15 Split II) Cyclically Adjusted PS Ratio : 3.37 (As of May. 26, 2024)


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What is Dividend 15 Split II Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Dividend 15 Split II's current share price is $3.40. Dividend 15 Split II's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 was $1.01. Dividend 15 Split II's Cyclically Adjusted PS Ratio for today is 3.37.

The historical rank and industry rank for Dividend 15 Split II's Cyclically Adjusted PS Ratio or its related term are showing as below:

DVDDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 4.3   Max: 7.62
Current: 5.33

During the past 13 years, Dividend 15 Split II's highest Cyclically Adjusted PS Ratio was 7.62. The lowest was 1.61. And the median was 4.30.

DVDDF's Cyclically Adjusted PS Ratio is ranked better than
62.03% of 869 companies
in the Asset Management industry
Industry Median: 7.56 vs DVDDF: 5.33

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.

Dividend 15 Split II's adjusted revenue per share data of for the fiscal year that ended in Nov23 was $-0.173. 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 $1.01 for the trailing ten years ended in Nov23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dividend 15 Split II Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dividend 15 Split II'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.

Dividend 15 Split II Cyclically Adjusted PS Ratio Chart

Dividend 15 Split II Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.85 2.57 4.37 3.50 3.51

Dividend 15 Split II Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
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 - 4.37 - 3.50 3.51

Competitive Comparison of Dividend 15 Split II's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Dividend 15 Split II'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.


Dividend 15 Split II's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split II's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split II's Cyclically Adjusted PS Ratio falls into.



Dividend 15 Split II 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.

Dividend 15 Split II's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.40/1.01
=3.37

* 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.

Dividend 15 Split II's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 is calculated as:

For example, Dividend 15 Split II's adjusted Revenue per Share data for the fiscal year that ended in Nov23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov23 (Change)*Current CPI (Nov23)
=-0.173/125.4675*125.4675
=-0.173

Current CPI (Nov23) = 125.4675.

Dividend 15 Split II Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 1.726 99.078 2.186
201511 -0.557 100.421 -0.696
201611 1.312 101.607 1.620
201711 1.238 103.740 1.497
201811 -0.303 105.478 -0.360
201911 1.574 107.769 1.832
202011 -0.801 108.796 -0.924
202111 2.237 113.932 2.463
202211 0.243 121.675 0.251
202311 -0.173 125.468 -0.173

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.


Dividend 15 Split II  (OTCPK:DVDDF) 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.


Dividend 15 Split II Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Dividend 15 Split II's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dividend 15 Split II (Dividend 15 Split II) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp II is a Canadian-based mutual fund corporation. The company invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. Its investment objective for preferred shareholders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share.

Dividend 15 Split II (Dividend 15 Split II) Headlines

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