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CVC Property Fund (ASX:CJT) Cyclically Adjusted PS Ratio : (As of May. 31, 2024)


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What is CVC Property Fund Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CVC Property Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CVC Property 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.

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CVC Property Fund Cyclically Adjusted PS Ratio Chart

CVC Property Fund Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cyclically Adjusted PS Ratio
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CVC Property Fund Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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Competitive Comparison of CVC Property Fund's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, CVC Property 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.


CVC Property Fund's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CVC Property Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CVC Property 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.

CVC Property Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun14 is calculated as:

For example, CVC Property Fund's adjusted Revenue per Share data for the fiscal year that ended in Jun14 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun14 (Change)*Current CPI (Jun14)
=0.005/98.3515*98.3515
=0.005

Current CPI (Jun14) = 98.3515.

CVC Property Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200506 0.043 76.712 0.055
200606 0.000 79.777 0.000
200706 0.004 81.449 0.005
200806 0.013 85.071 0.015
200906 0.017 86.278 0.019
201006 0.029 88.971 0.032
201106 0.009 92.129 0.010
201206 0.007 93.244 0.007
201306 0.005 95.473 0.005
201406 0.005 98.352 0.005

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.


CVC Property Fund  (ASX:CJT) 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.


CVC Property Fund Cyclically Adjusted PS Ratio Related Terms

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CVC Property Fund (ASX:CJT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
CVC Property Fund (CJT, formerly Taragon Property Fund) is a listed registered managed investment scheme domiciled in Australia.

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