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Allianz Technology Trust (LSE:ATT) Cyclically Adjusted PS Ratio : 8.48 (As of Jun. 02, 2025)


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What is Allianz Technology Trust Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Allianz Technology Trust's current share price is £3.90. Allianz Technology Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was £0.46. Allianz Technology Trust's Cyclically Adjusted PS Ratio for today is 8.48.

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

LSE:ATT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.65   Med: 11.16   Max: 17.68
Current: 8.5

During the past 13 years, Allianz Technology Trust's highest Cyclically Adjusted PS Ratio was 17.68. The lowest was 5.65. And the median was 11.16.

LSE:ATT's Cyclically Adjusted PS Ratio is ranked worse than
52.15% of 861 companies
in the Asset Management industry
Industry Median: 8.22 vs LSE:ATT: 8.50

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.

Allianz Technology Trust's adjusted revenue per share data of for the fiscal year that ended in Dec24 was £1.201. 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 £0.46 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allianz Technology Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allianz Technology 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.

* Premium members only.

Allianz Technology Trust Cyclically Adjusted PS Ratio Chart

Allianz Technology Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.01 9.81 8.95 8.69 9.13

Allianz Technology Trust Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 8.95 - 8.69 - 9.13

Competitive Comparison of Allianz Technology Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Allianz Technology 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.


Allianz Technology Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Allianz Technology Trust's Cyclically Adjusted PS Ratio falls into.


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Allianz Technology 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.

Allianz Technology Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.90/0.46
=8.48

* 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.

Allianz Technology Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Allianz Technology Trust's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=1.201/135.1000*135.1000
=1.201

Current CPI (Dec24) = 135.1000.

Allianz Technology Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 0.095 99.900 0.128
201511 0.066 100.300 0.089
201611 0.163 101.800 0.216
201711 0.345 104.700 0.445
201912 0.363 108.500 0.452
202012 1.272 109.400 1.571
202112 0.565 114.700 0.665
202212 -1.186 125.300 -1.279
202312 1.063 130.500 1.100
202412 1.201 135.100 1.201

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.


Allianz Technology Trust  (LSE:ATT) 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.


Allianz Technology Trust Cyclically Adjusted PS Ratio Related Terms

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


Allianz Technology Trust Business Description

Traded in Other Exchanges
N/A
Address
199 Bishopsgate, London, GBR, EC2M 3TY
Allianz Technology Trust PLC is a United Kingdom-based investment company. It invests principally in the equity securities of quoted technology companies across the world to achieve long-term capital growth in excess of the Dow Jones World Technology Index (sterling adjusted, total return) (the 'benchmark'). The company's investment portfolio comprises equity securities of various companies from the technology sector such as Microsoft, Cloudflare, Nvidia, Meta Platforms, Broadcom, Alphabet, and ServiceNow, among others.