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Dunedin Enterprise Investment Trust (LSE:DNE) Cyclically Adjusted PS Ratio : 9.13 (As of May. 28, 2024)


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What is Dunedin Enterprise Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Dunedin Enterprise Investment Trust's current share price is £4.93. Dunedin Enterprise Investment Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.54. Dunedin Enterprise Investment Trust's Cyclically Adjusted PS Ratio for today is 9.13.

The historical rank and industry rank for Dunedin Enterprise Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:DNE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.63   Med: 11.21   Max: 27.19
Current: 9.1

During the past 13 years, Dunedin Enterprise Investment Trust's highest Cyclically Adjusted PS Ratio was 27.19. The lowest was 5.63. And the median was 11.21.

LSE:DNE's Cyclically Adjusted PS Ratio is ranked worse than
57% of 872 companies
in the Asset Management industry
Industry Median: 7.605 vs LSE:DNE: 9.10

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.

Dunedin Enterprise Investment Trust's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.296. 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 £0.54 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dunedin Enterprise Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dunedin Enterprise Investment 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.

Dunedin Enterprise Investment Trust Cyclically Adjusted PS Ratio Chart

Dunedin Enterprise Investment Trust 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 9.11 12.35 12.15 10.37 9.42

Dunedin Enterprise Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 12.15 - 10.37 - 9.42

Competitive Comparison of Dunedin Enterprise Investment Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Dunedin Enterprise Investment 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.


Dunedin Enterprise Investment Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Dunedin Enterprise Investment Trust's Cyclically Adjusted PS Ratio falls into.



Dunedin Enterprise Investment 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.

Dunedin Enterprise Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.93/0.54
=9.13

* 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.

Dunedin Enterprise Investment Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dunedin Enterprise Investment Trust's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.296/130.5000*130.5000
=0.296

Current CPI (Dec23) = 130.5000.

Dunedin Enterprise Investment Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 -0.014 99.900 -0.018
201512 0.012 100.400 0.016
201612 0.172 102.200 0.220
201712 1.198 105.000 1.489
201812 0.321 107.100 0.391
201912 0.607 108.500 0.730
202012 -0.266 109.400 -0.317
202112 1.603 114.700 1.824
202212 0.756 125.300 0.787
202312 0.296 130.500 0.296

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.


Dunedin Enterprise Investment Trust  (LSE:DNE) 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.


Dunedin Enterprise Investment Trust Cyclically Adjusted PS Ratio Related Terms

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


Dunedin Enterprise Investment Trust (LSE:DNE) Business Description

Traded in Other Exchanges
Address
3 Distillery Lane, Easter Dalry House, Edinburgh, GBR, EH11 2BD
Dunedin Enterprise Investment Trust PLC is a United Kingdom-based investment trust. Its core offering is equity finance. The company aims at achieving a return on equity over a long-term period by investing principally in private equity funds. Its investment portfolio includes automotive, consumer products and services, financial services, industrials, and support services. It invests predominantly in the United Kingdom and on a minor scale in other European countries.

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