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CT Global Managed Portfolio Trust (LSE:CMPG) Cyclically Adjusted PS Ratio : 12.70 (As of Jun. 06, 2024)


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What is CT Global Managed Portfolio Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-06), CT Global Managed Portfolio Trust's current share price is £2.54. CT Global Managed Portfolio Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May23 was £0.20. CT Global Managed Portfolio Trust's Cyclically Adjusted PS Ratio for today is 12.70.

The historical rank and industry rank for CT Global Managed Portfolio Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:CMPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.25   Med: 9.68   Max: 11.63
Current: 11.05

During the past 13 years, CT Global Managed Portfolio Trust's highest Cyclically Adjusted PS Ratio was 11.63. The lowest was 5.25. And the median was 9.68.

LSE:CMPG's Cyclically Adjusted PS Ratio is ranked worse than
67.97% of 871 companies
in the Asset Management industry
Industry Median: 7.67 vs LSE:CMPG: 11.05

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.

CT Global Managed Portfolio Trust's adjusted revenue per share data of for the fiscal year that ended in May23 was £-0.113. 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 £0.20 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CT Global Managed Portfolio Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CT Global Managed Portfolio 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.

CT Global Managed Portfolio Trust Cyclically Adjusted PS Ratio Chart

CT Global Managed Portfolio Trust Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 8.60 10.32 8.82 11.24

CT Global Managed Portfolio Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 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 - 8.82 - 11.24 -

Competitive Comparison of CT Global Managed Portfolio Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, CT Global Managed Portfolio 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.


CT Global Managed Portfolio Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CT Global Managed Portfolio Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CT Global Managed Portfolio Trust's Cyclically Adjusted PS Ratio falls into.



CT Global Managed Portfolio 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.

CT Global Managed Portfolio Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.54/0.2
=12.70

* 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.

CT Global Managed Portfolio Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May23 is calculated as:

For example, CT Global Managed Portfolio Trust's adjusted Revenue per Share data for the fiscal year that ended in May23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May23 (Change)*Current CPI (May23)
=-0.113/129.1000*129.1000
=-0.113

Current CPI (May23) = 129.1000.

CT Global Managed Portfolio Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.097 99.600 0.126
201505 0.153 100.100 0.197
201605 -0.059 100.800 -0.076
201705 0.330 103.500 0.412
201805 0.120 105.900 0.146
201905 0.019 107.900 0.023
202005 -0.037 108.600 -0.044
202105 0.485 111.000 0.564
202205 -0.147 119.700 -0.159
202305 -0.113 129.100 -0.113

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.


CT Global Managed Portfolio Trust  (LSE:CMPG) 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.


CT Global Managed Portfolio Trust Cyclically Adjusted PS Ratio Related Terms

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


CT Global Managed Portfolio Trust (LSE:CMPG) Business Description

Traded in Other Exchanges
Address
Quartermile 4, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT Global Managed Portfolio Trust PLC closed-end investment company. The company's investment objectives are to provide investors with access to a broad spread of investment companies, covering a variety of geographies, sectors, and investment managers, with the objective of providing both income and growth, while spreading investment risk. The Company has two classes of shares with two separate investment Portfolios, the Income shares where the investment focus is to provide an attractive level of income, together with some capital growth, and the Growth shares, where the investment focus is to achieve capital growth.

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