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Invesco Perpetual UK Smaller Inv Tst (CHIX:IPUL) Cyclically Adjusted PS Ratio : 11.26 (As of May. 25, 2024)


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What is Invesco Perpetual UK Smaller Inv Tst Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Invesco Perpetual UK Smaller Inv Tst's current share price is £4.28. Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was £0.38. Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted PS Ratio for today is 11.26.

The historical rank and industry rank for Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:IPUl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.61   Med: 11.38   Max: 16.92
Current: 10.99

During the past years, Invesco Perpetual UK Smaller Inv Tst's highest Cyclically Adjusted PS Ratio was 16.92. The lowest was 5.61. And the median was 11.38.

CHIX:IPUl's Cyclically Adjusted PS Ratio is ranked worse than
67.78% of 869 companies
in the Asset Management industry
Industry Median: 7.56 vs CHIX:IPUl: 10.99

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.

Invesco Perpetual UK Smaller Inv Tst's adjusted revenue per share data for the three months ended in Jan. 2024 was £0.143. 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 £0.38 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invesco Perpetual UK Smaller Inv Tst Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Invesco Perpetual UK Smaller Inv Tst'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.

Invesco Perpetual UK Smaller Inv Tst Cyclically Adjusted PS Ratio Chart

Invesco Perpetual UK Smaller Inv Tst Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.66 9.87 9.15 9.16 11.12

Invesco Perpetual UK Smaller Inv Tst Quarterly Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 9.15 - 9.16 - 11.12

Competitive Comparison of Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Invesco Perpetual UK Smaller Inv Tst'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.


Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted PS Ratio falls into.



Invesco Perpetual UK Smaller Inv Tst 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.

Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.28/0.38
=11.26

* 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.

Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Invesco Perpetual UK Smaller Inv Tst's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.143/130.0000*130.0000
=0.143

Current CPI (Jan. 2024) = 130.0000.

Invesco Perpetual UK Smaller Inv Tst Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200407 0.040 77.700 0.067
200501 0.273 78.300 0.453
200507 0.165 79.500 0.270
200601 0.064 80.000 0.104
200607 0.012 81.500 0.019
200701 0.404 82.100 0.640
200707 0.122 83.100 0.191
200801 -0.299 84.100 -0.462
200807 -0.035 86.600 -0.053
200901 -0.526 86.600 -0.790
200907 0.212 88.000 0.313
201001 0.337 88.800 0.493
201007 0.108 90.000 0.156
201101 0.422 91.800 0.598
201107 0.110 93.500 0.153
201201 -0.132 94.700 -0.181
201207 0.118 95.700 0.160
201301 0.417 97.000 0.559
201307 0.451 98.000 0.598
201401 0.436 98.700 0.574
201407 -0.065 99.600 -0.085
201501 0.158 99.200 0.207
201507 0.517 100.000 0.672
201601 -0.119 99.900 -0.155
201607 0.151 100.900 0.195
201701 0.638 101.800 0.815
201707 0.645 103.500 0.810
201801 0.263 104.500 0.327
201807 0.175 105.900 0.215
201901 -0.571 106.400 -0.698
201907 0.764 108.000 0.920
202001 0.684 108.300 0.821
202007 -1.385 109.200 -1.649
202101 1.172 109.300 1.394
202107 1.314 111.400 1.533
202201 -0.240 114.600 -0.272
202207 -0.729 121.200 -0.782
202301 -0.386 124.800 -0.402
202307 -0.347 129.000 -0.350
202401 0.143 130.000 0.143

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.


Invesco Perpetual UK Smaller Inv Tst  (CHIX:IPUl) 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.


Invesco Perpetual UK Smaller Inv Tst Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Invesco Perpetual UK Smaller Inv Tst's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Perpetual UK Smaller Inv Tst (CHIX:IPUL) Business Description

Traded in Other Exchanges
Address
Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH
Invesco Perpetual UK Smaller Companies Inv Tst PLC is an investment trust based in the United Kingdom. The company's investment objective is to achieve a long-term total return for shareholders primarily by investment in a broad cross-section of small to medium-sized UK quoted companies.

Invesco Perpetual UK Smaller Inv Tst (CHIX:IPUL) Headlines

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