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Albion Venture Capital Trust (LSE:AAVC) Cyclically Adjusted PS Ratio : 7.20 (As of May. 15, 2024)


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What is Albion Venture Capital Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Albion Venture Capital Trust's current share price is £0.432. Albion Venture Capital Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was £0.06. Albion Venture Capital Trust's Cyclically Adjusted PS Ratio for today is 7.20.

The historical rank and industry rank for Albion Venture Capital Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:AAVC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.2   Med: 13.7   Max: 33.75
Current: 7.32

During the past 13 years, Albion Venture Capital Trust's highest Cyclically Adjusted PS Ratio was 33.75. The lowest was 7.20. And the median was 13.70.

LSE:AAVC's Cyclically Adjusted PS Ratio is ranked better than
50.68% of 876 companies
in the Asset Management industry
Industry Median: 7.425 vs LSE:AAVC: 7.32

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.

Albion Venture Capital Trust's adjusted revenue per share data of for the fiscal year that ended in Mar23 was £0.005. 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 £0.06 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Albion Venture Capital Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Albion Venture Capital Trust'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.

Albion Venture Capital Trust Cyclically Adjusted PS Ratio Chart

Albion Venture Capital Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.81 14.97 13.39 8.60 8.06

Albion Venture Capital Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 8.60 - 8.06 -

Competitive Comparison of Albion Venture Capital Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Albion Venture Capital Trust'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.


Albion Venture Capital Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Albion Venture Capital Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Albion Venture Capital Trust's Cyclically Adjusted PS Ratio falls into.



Albion Venture Capital Trust 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.

Albion Venture Capital Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.432/0.06
=7.20

* 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.

Albion Venture Capital Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Albion Venture Capital Trust's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.005/126.8000*126.8000
=0.005

Current CPI (Mar23) = 126.8000.

Albion Venture Capital Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.026 99.300 0.033
201503 0.058 99.600 0.074
201603 0.062 100.400 0.078
201703 0.092 102.700 0.114
201803 0.060 105.100 0.072
201903 0.085 107.000 0.101
202003 -0.036 108.600 -0.042
202103 0.076 109.700 0.088
202203 0.062 116.500 0.067
202303 0.005 126.800 0.005

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.


Albion Venture Capital Trust  (LSE:AAVC) 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.


Albion Venture Capital Trust Cyclically Adjusted PS Ratio Related Terms

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Albion Venture Capital Trust (LSE:AAVC) Business Description

Traded in Other Exchanges
N/A
Address
1 Benjamin Street, London, GBR, EC1M 5QL
Albion Venture Capital Trust PLC is a UK-based venture capital trust. The principal activity of the company is to select and hold a portfolio of investments in unquoted securities. Its investment objectives are to manage the risk normally associated with investments in smaller unquoted companies while maintaining an attractive yield, by allowing investors to participate in a balanced portfolio of asset-backed businesses. The firm invests in various sectors, including healthcare, renewable energy, education, Business services, Growth and technology, Cash and cash equivalents, and Hotels. Its investments are normally structured as a mixture of equity and loan stock. Loan stock represents the majority of the finance provided and is secured on the assets of the portfolio company.

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