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Esterad Investment Co BSC (BAH:ESTERAD) Cyclically Adjusted PS Ratio : 12.00 (As of Jun. 24, 2024)


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What is Esterad Investment Co BSC Cyclically Adjusted PS Ratio?

As of today (2024-06-24), Esterad Investment Co BSC's current share price is BHD0.24. Esterad Investment Co BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was BHD0.02. Esterad Investment Co BSC's Cyclically Adjusted PS Ratio for today is 12.00.

The historical rank and industry rank for Esterad Investment Co BSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

BAH:ESTERAD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.52   Med: 6.43   Max: 12
Current: 10.92

During the past years, Esterad Investment Co BSC's highest Cyclically Adjusted PS Ratio was 12.00. The lowest was 4.52. And the median was 6.43.

BAH:ESTERAD's Cyclically Adjusted PS Ratio is ranked worse than
66.63% of 878 companies
in the Asset Management industry
Industry Median: 7.64 vs BAH:ESTERAD: 10.92

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.

Esterad Investment Co BSC's adjusted revenue per share data for the three months ended in Mar. 2024 was BHD0.010. 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 BHD0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Esterad Investment Co BSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Esterad Investment Co BSC'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.

Esterad Investment Co BSC Cyclically Adjusted PS Ratio Chart

Esterad Investment Co BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.56 4.80 6.91

Esterad Investment Co BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.90 5.44 6.56 6.91 9.53

Competitive Comparison of Esterad Investment Co BSC's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Esterad Investment Co BSC'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.


Esterad Investment Co BSC's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Esterad Investment Co BSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Esterad Investment Co BSC's Cyclically Adjusted PS Ratio falls into.



Esterad Investment Co BSC 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.

Esterad Investment Co BSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.24/0.02
=12.00

* 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.

Esterad Investment Co BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Esterad Investment Co BSC's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.01/131.7762*131.7762
=0.010

Current CPI (Mar. 2024) = 131.7762.

Esterad Investment Co BSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.003 100.560 0.004
201409 0.007 100.428 0.009
201412 -0.003 99.070 -0.004
201503 0.008 99.621 0.011
201506 0.003 100.684 0.004
201509 0.002 100.392 0.003
201512 0.000 99.792 0.000
201603 0.006 100.470 0.008
201606 0.002 101.688 0.003
201609 0.004 101.861 0.005
201612 0.001 101.863 0.001
201703 0.006 102.862 0.008
201706 0.002 103.349 0.003
201709 0.003 104.136 0.004
201712 0.003 104.011 0.004
201803 0.005 105.290 0.006
201806 0.000 106.317 0.000
201809 0.005 106.507 0.006
201812 0.000 105.998 0.000
201903 0.007 107.251 0.009
201906 0.004 108.070 0.005
201909 0.004 108.329 0.005
201912 0.009 108.420 0.011
202003 0.003 108.902 0.004
202006 0.002 108.767 0.002
202009 0.003 109.815 0.004
202012 0.003 109.897 0.004
202103 0.005 111.754 0.006
202106 0.006 114.631 0.007
202109 0.005 115.734 0.006
202112 0.007 117.630 0.008
202203 0.005 121.301 0.005
202206 0.004 125.017 0.004
202209 0.005 125.227 0.005
202212 0.010 125.222 0.011
202303 0.005 127.348 0.005
202306 0.007 128.729 0.007
202309 0.008 129.860 0.008
202312 0.005 129.419 0.005
202403 0.010 131.776 0.010

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.


Esterad Investment Co BSC  (BAH:ESTERAD) 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.


Esterad Investment Co BSC Cyclically Adjusted PS Ratio Related Terms

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


Esterad Investment Co BSC (BAH:ESTERAD) Business Description

Traded in Other Exchanges
N/A
Address
GBCORP Tower, 3rd Floor, P.O. Box 1080, Manama, BHR
Esterad Investment Co BSC is a Bahrain company operating in the financial sector. The principal activity of the company is to invest in public and private equities, fixed income, real estate, and other asset classes in both local and international markets. It owns four key portfolio investment models including a strategic equity portfolio, fixed income portfolio, properties & income-producing assets, and a trading portfolio. The company generates the majority of its revenue from Investment income.

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