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Foresight 2 VCT (LSE:FTNI) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Foresight 2 VCT Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Foresight 2 VCT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Foresight 2 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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Foresight 2 VCT Cyclically Adjusted PS Ratio Chart

Foresight 2 VCT Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Cyclically Adjusted PS Ratio
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Foresight 2 VCT Semi-Annual Data
Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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Competitive Comparison of Foresight 2 VCT's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Foresight 2 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.


Foresight 2 VCT's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight 2 VCT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Foresight 2 VCT's Cyclically Adjusted PS Ratio falls into.



Foresight 2 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.

Foresight 2 VCT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep14 is calculated as:

For example, Foresight 2 VCT's adjusted Revenue per Share data for the fiscal year that ended in Sep14 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep14 (Change)*Current CPI (Sep14)
=0.014/100.0000*100.0000
=0.014

Current CPI (Sep14) = 100.0000.

Foresight 2 VCT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200509 0.000 79.900 0.000
200609 0.000 81.900 0.000
200709 0.000 83.500 0.000
200809 0.000 87.500 0.000
200909 0.000 88.300 0.000
201009 0.000 90.400 0.000
201109 0.000 94.500 0.000
201209 0.000 96.400 0.000
201309 0.012 98.700 0.012
201409 0.014 100.000 0.014

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.


Foresight 2 VCT  (LSE:FTNI) 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.


Foresight 2 VCT Cyclically Adjusted PS Ratio Related Terms

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Foresight 2 VCT (LSE:FTNI) Business Description

Traded in Other Exchanges
N/A
Address
The Shard 32, 32 London Bridge Street, London, Kent, GBR, SE1 9SG
Foresight 2 VCT PLC is a venture capital company. The Company's investment objective is to provide private investors with attractive returns by investing in range of securities including ordinary and preference shares, loan stock as well as cash. Foresight Group is the manager of the Company and provides investment management and other administrative services.

Foresight 2 VCT (LSE:FTNI) Headlines

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