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Blackrock Maryland Municipal Bond Trust (Blackrock Maryland Municipal Bond Trust) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Blackrock Maryland Municipal Bond Trust Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackrock Maryland Municipal Bond Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Blackrock Maryland Municipal Bond Trust'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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Blackrock Maryland Municipal Bond Trust Cyclically Adjusted PS Ratio Chart

Blackrock Maryland Municipal Bond Trust Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Cyclically Adjusted PS Ratio
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Blackrock Maryland Municipal Bond Trust Semi-Annual Data
Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Aug15 Feb16 Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
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Competitive Comparison of Blackrock Maryland Municipal Bond Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Blackrock Maryland Municipal Bond 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 Maryland Municipal Bond Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Maryland Municipal Bond Trust's Cyclically Adjusted PS Ratio falls into.



Blackrock Maryland Municipal Bond Trust 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.

Blackrock Maryland Municipal Bond Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug20 is calculated as:

For example, Blackrock Maryland Municipal Bond Trust's adjusted Revenue per Share data for the fiscal year that ended in Aug20 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug20 (Change)*Current CPI (Aug20)
=0.135/109.6622*109.6622
=0.135

Current CPI (Aug20) = 109.6622.

Blackrock Maryland Municipal Bond Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201108 0.432 95.582 0.496
201208 1.999 97.199 2.255
201308 -1.451 98.675 -1.613
201408 2.643 100.352 2.888
201508 0.500 100.548 0.545
201608 1.758 101.617 1.897
201708 0.038 103.587 0.040
201808 0.306 106.383 0.315
201908 1.454 108.245 1.473
202008 0.135 109.662 0.135

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.


Blackrock Maryland Municipal Bond Trust  (AMEX:BZM) 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.


Blackrock Maryland Municipal Bond Trust Cyclically Adjusted PS Ratio Related Terms

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Blackrock Maryland Municipal Bond Trust (Blackrock Maryland Municipal Bond Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Maryland Municipal Bond Trust is a closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income taxes and Maryland personal income taxes. The Trust invests primarily in investment grade quality Maryland municipal bonds.
Executives
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jerrold B Harris director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Merrill Lynch, Pierce, Fenner & Smith Inc. other: Subsidiary 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055

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