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Schroderome Growth Fund (LSE:SCF) Cyclically Adjusted PS Ratio : 14.50 (As of Jun. 09, 2024)


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What is Schroderome Growth Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Schroderome Growth Fund's current share price is £2.90. Schroderome Growth Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was £0.20. Schroderome Growth Fund's Cyclically Adjusted PS Ratio for today is 14.50.

The historical rank and industry rank for Schroderome Growth Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:SCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.58   Med: 12.69   Max: 17.64
Current: 14.32

During the past 13 years, Schroderome Growth Fund's highest Cyclically Adjusted PS Ratio was 17.64. The lowest was 7.58. And the median was 12.69.

LSE:SCF's Cyclically Adjusted PS Ratio is ranked worse than
79.66% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs LSE:SCF: 14.32

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.

Schroderome Growth Fund's adjusted revenue per share data of for the fiscal year that ended in Aug23 was £0.123. 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 Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schroderome Growth Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Schroderome Growth Fund'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.

Schroderome Growth Fund Cyclically Adjusted PS Ratio Chart

Schroderome Growth Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.02 12.87 12.29 11.90 13.21

Schroderome Growth Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 11.90 - 13.21 -

Competitive Comparison of Schroderome Growth Fund's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Schroderome Growth Fund'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.


Schroderome Growth Fund's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Schroderome Growth Fund's Cyclically Adjusted PS Ratio falls into.



Schroderome Growth Fund 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.

Schroderome Growth Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.90/0.2
=14.50

* 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.

Schroderome Growth Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Schroderome Growth Fund's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=0.123/129.4000*129.4000
=0.123

Current CPI (Aug23) = 129.4000.

Schroderome Growth Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201408 0.355 99.900 0.460
201508 0.096 100.300 0.124
201608 0.230 101.200 0.294
201708 0.406 104.000 0.505
201808 0.130 106.500 0.158
201908 -0.055 108.300 -0.066
202008 -0.377 108.800 -0.448
202108 0.830 112.100 0.958
202208 -0.078 121.800 -0.083
202308 0.123 129.400 0.123

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.


Schroderome Growth Fund  (LSE:SCF) 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.


Schroderome Growth Fund Cyclically Adjusted PS Ratio Related Terms

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


Schroderome Growth Fund (LSE:SCF) Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder Income Growth Fund PLC is an investment trust engaged in the business of asset management. It manages assets of institutional and retail investors, financial institutions, and high net worth individuals. The company's objective is to provide growth of income by investing mainly in above average yielding UK equities, fixed income, multi-asset, alternatives and real estate asset classes. It invests across the markets with a focus on building a diversified portfolio within a risk-controlled framework and also consists of research, portfolio construction, and review/sell discipline stages.

Schroderome Growth Fund (LSE:SCF) Headlines

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