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BlackRock Throgmorton Trust (LSE:THRG) Cyclically Adjusted Revenue per Share : £0.47 (As of Nov. 2023)


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What is BlackRock Throgmorton Trust Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

BlackRock Throgmorton Trust's adjusted revenue per share data for the fiscal year that ended in Nov. 2023 was £-0.150. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is £0.47 for the trailing ten years ended in Nov. 2023.

During the past 12 months, BlackRock Throgmorton Trust's average Cyclically Adjusted Revenue Growth Rate was -20.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of BlackRock Throgmorton Trust was 26.70% per year. The lowest was -7.30% per year. And the median was 9.40% per year.

As of today (2024-05-23), BlackRock Throgmorton Trust's current stock price is £ 6.26. BlackRock Throgmorton Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov. 2023 was £0.47. BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio of today is 13.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BlackRock Throgmorton Trust was 17.53. The lowest was 6.02. And the median was 10.46.


BlackRock Throgmorton Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BlackRock Throgmorton Trust's Cyclically Adjusted Revenue per Share 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.

BlackRock Throgmorton Trust Cyclically Adjusted Revenue per Share Chart

BlackRock Throgmorton Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.59 0.85 0.59 0.47

BlackRock Throgmorton 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 Revenue per Share 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 0.85 - 0.59 - 0.47

Competitive Comparison of BlackRock Throgmorton Trust's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, BlackRock Throgmorton 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.


BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio falls into.



BlackRock Throgmorton Trust Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, BlackRock Throgmorton Trust's adjusted Revenue per Share data for the fiscal year that ended in Nov. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.15/130.0000*130.0000
=-0.150

Current CPI (Nov. 2023) = 130.0000.

BlackRock Throgmorton Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 -0.024 99.900 -0.031
201511 0.749 100.300 0.971
201611 0.284 101.800 0.363
201711 1.393 104.700 1.730
201811 -0.133 106.900 -0.162
201911 1.259 108.500 1.508
202011 0.631 109.100 0.752
202111 2.383 114.100 2.715
202211 -2.883 124.800 -3.003
202311 -0.150 130.000 -0.150

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


BlackRock Throgmorton Trust  (LSE:THRG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.26/0.47
=13.32

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BlackRock Throgmorton Trust was 17.53. The lowest was 6.02. And the median was 10.46.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


BlackRock Throgmorton Trust Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of BlackRock Throgmorton Trust's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Throgmorton Trust (LSE:THRG) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Throgmorton Trust PLC is an investment trust engaged in the business of portfolio investment. Its products are unit trusts, exchange-traded funds, investment trusts, and charities. The company follows a business model of externally managed investment trust. The company performs through the traditional long-only portfolio and long and short portfolio comprising contracts for difference.

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