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Baker Steel Resources Trust (LSE:BSRT) Cyclically Adjusted PS Ratio : 18.33 (As of Jun. 22, 2024)


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What is Baker Steel Resources Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Baker Steel Resources Trust's current share price is £0.55. Baker Steel Resources Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.03. Baker Steel Resources Trust's Cyclically Adjusted PS Ratio for today is 18.33.

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

LSE:BSRT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.17   Med: 15.15   Max: 18.67
Current: 16.55

During the past 13 years, Baker Steel Resources Trust's highest Cyclically Adjusted PS Ratio was 18.67. The lowest was 13.17. And the median was 15.15.

LSE:BSRT's Cyclically Adjusted PS Ratio is ranked worse than
85.18% of 877 companies
in the Asset Management industry
Industry Median: 7.62 vs LSE:BSRT: 16.55

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.

Baker Steel Resources Trust's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £-0.016. 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 £0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baker Steel Resources Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Baker Steel Resources 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.

Baker Steel Resources Trust Cyclically Adjusted PS Ratio Chart

Baker Steel Resources Trust 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 - 662.53 - - 12.00

Baker Steel Resources Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 12.00

Competitive Comparison of Baker Steel Resources Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Baker Steel Resources 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.


Baker Steel Resources Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Baker Steel Resources Trust's Cyclically Adjusted PS Ratio falls into.



Baker Steel Resources 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.

Baker Steel Resources Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.55/0.03
=18.33

* 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.

Baker Steel Resources Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Baker Steel Resources Trust's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.016/129.4194*129.4194
=-0.016

Current CPI (Dec23) = 129.4194.

Baker Steel Resources Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 -0.150 99.070 -0.196
201512 -0.063 99.792 -0.082
201612 0.151 101.863 0.192
201712 0.093 104.011 0.116
201812 0.005 105.998 0.006
201912 0.166 108.420 0.198
202012 0.239 109.897 0.281
202112 0.018 117.630 0.020
202212 -0.184 125.222 -0.190
202312 -0.016 129.419 -0.016

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.


Baker Steel Resources Trust  (LSE:BSRT) 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.


Baker Steel Resources Trust Cyclically Adjusted PS Ratio Related Terms

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Baker Steel Resources Trust (LSE:BSRT) Business Description

Traded in Other Exchanges
N/A
Address
St. Julian's Avenue, Arnold House, Channel Islands, Saint Peter Port, GGY, GY1 3NF
Baker Steel Resources Trust Ltd is engaged in the financial services domain. It is a closed-ended investment company seeking capital growth over the long term through a focused global portfolio consisting principally of the equities, loans or related instruments. The company is mainly concerned with investing in the natural resource industry. It invests predominantly in unlisted companies, and also in listed securities with a view to exploiting value inherent in market inefficiencies and pricing anomalies. The company operates in single segment i.e. investing in natural resources companies.

Baker Steel Resources Trust (LSE:BSRT) Headlines

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