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CION Invt (FRA:D21) Cyclically Adjusted PS Ratio : 8.05 (As of May. 29, 2024)


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What is CION Invt Cyclically Adjusted PS Ratio?

As of today (2024-05-29), CION Invt's current share price is €11.434. CION Invt's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.42. CION Invt's Cyclically Adjusted PS Ratio for today is 8.05.

The historical rank and industry rank for CION Invt's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:D21' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.47   Med: 7.32   Max: 8.17
Current: 8.17

During the past years, CION Invt's highest Cyclically Adjusted PS Ratio was 8.17. The lowest was 6.47. And the median was 7.32.

FRA:D21's Cyclically Adjusted PS Ratio is ranked worse than
52.98% of 872 companies
in the Asset Management industry
Industry Median: 7.64 vs FRA:D21: 8.17

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.

CION Invt's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.159. 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 €1.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CION Invt Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CION Invt'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.

CION Invt Cyclically Adjusted PS Ratio Chart

CION Invt 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 - - - - 7.25

CION Invt 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 - 7.24 7.03 7.25 7.19

Competitive Comparison of CION Invt's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, CION Invt'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.


CION Invt's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CION Invt's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CION Invt 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.

CION Invt's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.434/1.42
=8.05

* 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.

CION Invt's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CION Invt'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)
=0.159/131.7762*131.7762
=0.159

Current CPI (Mar. 2024) = 131.7762.

CION Invt Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.339 100.560 0.444
201409 0.222 100.428 0.291
201412 0.064 99.070 0.085
201503 0.608 99.621 0.804
201506 0.364 100.684 0.476
201509 0.005 100.392 0.007
201512 -0.370 99.792 -0.489
201603 0.117 100.470 0.153
201606 0.751 101.688 0.973
201609 0.770 101.861 0.996
201612 0.527 101.863 0.682
201703 0.305 102.862 0.391
201706 0.505 103.349 0.644
201709 0.336 104.136 0.425
201712 0.339 104.011 0.429
201803 0.314 105.290 0.393
201806 0.301 106.317 0.373
201809 0.261 106.507 0.323
201812 -0.294 105.998 -0.365
201903 0.283 107.251 0.348
201906 0.152 108.070 0.185
201909 -0.010 108.329 -0.012
201912 0.504 108.420 0.613
202003 -1.656 108.902 -2.004
202006 0.299 108.767 0.362
202009 0.497 109.815 0.596
202012 0.711 109.897 0.853
202103 0.786 111.754 0.927
202106 0.457 114.631 0.525
202109 0.428 115.734 0.487
202112 0.297 117.630 0.333
202203 0.173 121.301 0.188
202206 0.020 125.017 0.021
202209 0.653 125.227 0.687
202212 0.209 125.222 0.220
202303 -0.479 127.348 -0.496
202306 0.522 128.729 0.534
202309 0.861 129.860 0.874
202312 0.907 129.419 0.924
202403 0.159 131.776 0.159

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.


CION Invt  (FRA:D21) 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.


CION Invt Cyclically Adjusted PS Ratio Related Terms

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


CION Invt (FRA:D21) Business Description

Traded in Other Exchanges
Address
100 Park Avenue, 25th Floor, New York, NY, USA, 10016
CION Invt Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company's portfolio is comprised of investments in senior secured debt, including first lien loans, second lien loans and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly-traded U.S. middle-market companies.

CION Invt (FRA:D21) Headlines

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