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Calculus VCT (LSE:CLC) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)


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What is Calculus VCT Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Calculus VCT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Calculus VCT'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.

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Calculus VCT Cyclically Adjusted PS Ratio Chart

Calculus VCT Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PS Ratio
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Calculus VCT Semi-Annual Data
Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Feb23
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Competitive Comparison of Calculus VCT's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Calculus VCT'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.


Calculus VCT's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Calculus VCT's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Calculus VCT 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.

Calculus VCT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb23 is calculated as:

For example, Calculus VCT's adjusted Revenue per Share data for the fiscal year that ended in Feb23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb23 (Change)*Current CPI (Feb23)
=0.019/126.0000*126.0000
=0.019

Current CPI (Feb23) = 126.0000.

Calculus VCT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201402 0.016 99.100 0.020
201502 0.014 99.500 0.018
201602 -0.057 100.100 -0.072
201702 -0.011 102.400 -0.014
201802 -0.002 104.900 -0.002
201902 -0.057 106.800 -0.067
202002 -0.015 108.600 -0.017
202102 0.019 109.400 0.022
202202 0.055 115.400 0.060
202302 0.019 126.000 0.019

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.


Calculus VCT  (LSE:CLC) 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.


Calculus VCT Cyclically Adjusted PS Ratio Related Terms

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Calculus VCT (LSE:CLC) Business Description

Traded in Other Exchanges
N/A
Address
12 Conduit Street, London, GBR, W1S 2XH
Calculus VCT PLC is a part of the financial services sector in the United Kingdom. The company operates as a venture capital trust with a focus on the investment business. Its investment objective is to invest primarily in a diverse portfolio of United Kingdom growth companies whether unquoted or traded on AIM. The company invests in a portfolio of venture capital investments that will provide investment returns sufficient to allow the company to maximize annual dividends with the goal of capital growth over the medium to long term.

Calculus VCT (LSE:CLC) Headlines

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