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Edinburgh Investment Trust (The) (LSE:EDIN) Cyclically Adjusted PS Ratio : 16.11 (As of Jun. 04, 2024)


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What is Edinburgh Investment Trust (The) Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Edinburgh Investment Trust (The)'s current share price is £7.41. Edinburgh Investment Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was £0.46. Edinburgh Investment Trust (The)'s Cyclically Adjusted PS Ratio for today is 16.11.

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

LSE:EDIN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.19   Med: 12.26   Max: 16.28
Current: 16.28

During the past 13 years, Edinburgh Investment Trust (The)'s highest Cyclically Adjusted PS Ratio was 16.28. The lowest was 5.19. And the median was 12.26.

LSE:EDIN's Cyclically Adjusted PS Ratio is ranked worse than
83.66% of 869 companies
in the Asset Management industry
Industry Median: 7.64 vs LSE:EDIN: 16.28

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.

Edinburgh Investment Trust (The)'s adjusted revenue per share data of for the fiscal year that ended in Mar24 was £0.834. 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 £0.46 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edinburgh Investment Trust (The) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Edinburgh Investment Trust (The)'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.

Edinburgh Investment Trust (The) Cyclically Adjusted PS Ratio Chart

Edinburgh Investment Trust (The) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.10 12.44 12.41 14.71 15.14

Edinburgh Investment Trust (The) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 12.41 - 14.71 - 15.14

Competitive Comparison of Edinburgh Investment Trust (The)'s Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Edinburgh Investment Trust (The)'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.


Edinburgh Investment Trust (The)'s Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Edinburgh Investment Trust (The)'s Cyclically Adjusted PS Ratio falls into.



Edinburgh Investment Trust (The) 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.

Edinburgh Investment Trust (The)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.41/0.46
=16.11

* 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.

Edinburgh Investment Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Edinburgh Investment Trust (The)'s adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.834/131.6000*131.6000
=0.834

Current CPI (Mar24) = 131.6000.

Edinburgh Investment Trust (The) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.007 99.600 1.331
201603 0.317 100.400 0.416
201703 0.990 102.700 1.269
201803 -0.419 105.100 -0.525
201903 0.204 107.000 0.251
202003 -1.788 108.600 -2.167
202103 1.618 109.700 1.941
202203 0.830 116.500 0.938
202303 0.262 126.800 0.272
202403 0.834 131.600 0.834

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.


Edinburgh Investment Trust (The)  (LSE:EDIN) 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.


Edinburgh Investment Trust (The) Cyclically Adjusted PS Ratio Related Terms

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


Edinburgh Investment Trust (The) (LSE:EDIN) Business Description

Traded in Other Exchanges
Address
9 Haymarket Square, First Floor, Edinburgh, GBR, EH3 8RY
Edinburgh Investment Trust (The) PLC is an investment trust whose investment objective is to invest in UK securities. The company business consists of investing the pooled funds of its shareholders, according to a specified investment objective and policy, with the mission of spreading investment risk and generating a return for shareholders with the long-term objective of achieving an increase of the net asset value per share in excess of the growth in the FTSE All-Share Index and growth in dividends per share in excess of the rate of UK inflation.

Edinburgh Investment Trust (The) (LSE:EDIN) Headlines

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