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Investor Centre (ASX:ICU) Cyclically Adjusted PS Ratio : (As of Jun. 18, 2024)


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What is Investor Centre Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Investor Centre Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Investor Centre'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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Investor Centre Cyclically Adjusted PS Ratio Chart

Investor Centre Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
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Investor Centre Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Investor Centre's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Investor Centre'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.


Investor Centre's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Investor Centre's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Investor Centre's Cyclically Adjusted PS Ratio falls into.



Investor Centre 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.

Investor Centre's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Investor Centre's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0/124.1700*124.1700
=0.000

Current CPI (Jun23) = 124.1700.

Investor Centre Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 -0.041 98.352 -0.052
201506 -0.045 99.838 -0.056
201606 -0.095 100.859 -0.117
201706 0.006 102.809 0.007
201806 0.000 104.945 0.000
201906 0.005 106.617 0.006
202006 0.004 106.246 0.005
202106 0.005 110.332 0.006
202206 -0.011 117.112 -0.012
202306 0.000 124.170 0.000

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.


Investor Centre  (ASX:ICU) 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.


Investor Centre Cyclically Adjusted PS Ratio Related Terms

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Investor Centre (ASX:ICU) Business Description

Traded in Other Exchanges
N/A
Address
10 Eagle Street, Level 19, Brisbane, QLD, AUS, 4000
Investor Centre Ltd through its subsidiary provides financial services. The company is engaged in a diversified financial services business which provides financial services to private wholesale and institutional and corporate clients. Its primary source of continuing revenue is the provision of licensing to Corporate Authorised Representatives (CAR's) who act as Introducing Brokers (IB's) for broker platforms and master brokers.

Investor Centre (ASX:ICU) Headlines

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