CEV (Eaton Vance CA Muniome Trust) Cyclically Adjusted PS Ratio : 21.22 (As of May. 24, 2025)

Eaton Vance CA Muniome Trust Cyclically Adjusted PS Ratio Chart

Eaton Vance CA Muniome Trust Annual Data
	Trend	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23	Nov24
Cyclically Adjusted PS Ratio		Get a 7-Day Free Trial					13.11	13.36	22.24	14.93	23.47

Eaton Vance CA Muniome Trust Semi-Annual Data
	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															22.24	-	14.93	-	23.47

Competitive Comparison of Eaton Vance CA Muniome Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Eaton Vance CA Muniome 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.

Eaton Vance CA Muniome Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance CA Muniome Trust's Cyclically Adjusted PS Ratio falls into.

Eaton Vance CA Muniome 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.

Eaton Vance CA Muniome Trust's Cyclically Adjusted PS Ratio for today is calculated as

* 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.

Eaton Vance CA Muniome Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov24 is calculated as:

For example, Eaton Vance CA Muniome Trust's adjusted Revenue per Share data for the fiscal year that ended in Nov24 was:

Current CPI (Nov24) = 133.1099.

Eaton Vance CA Muniome Trust Annual Data

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.

Eaton Vance CA Muniome Trust  (AMEX:CEV) 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.

Eaton Vance CA Muniome Trust Cyclically Adjusted PS Ratio Related Terms

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Eaton Vance CA Muniome Trust Business Description