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Candover Investments (LSE:CDRIF) Cyclically Adjusted PS Ratio : (As of Jun. 20, 2024)


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What is Candover Investments Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Candover Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Candover Investments'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.

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Candover Investments Cyclically Adjusted PS Ratio Chart

Candover Investments Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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Candover Investments Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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Competitive Comparison of Candover Investments's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Candover Investments'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.


Candover Investments's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Candover Investments 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.

Candover Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec16 is calculated as:

For example, Candover Investments's adjusted Revenue per Share data for the fiscal year that ended in Dec16 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec16 (Change)*Current CPI (Dec16)
=-0.464/102.2000*102.2000
=-0.464

Current CPI (Dec16) = 102.2000.

Candover Investments Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200712 17.345 84.500 20.978
200812 -10.848 87.100 -12.729
200912 2.534 88.900 2.913
201012 0.537 91.700 0.598
201112 -0.336 95.000 -0.361
201212 -1.112 97.300 -1.168
201312 2.717 99.200 2.799
201412 -1.701 99.900 -1.740
201512 -3.361 100.400 -3.421
201612 -0.464 102.200 -0.464

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.


Candover Investments  (LSE:CDRIF) 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.


Candover Investments Cyclically Adjusted PS Ratio Related Terms

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Candover Investments (LSE:CDRIF) Business Description

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Candover Investments plc is a UK-based private equity investment trust. The company's objective is to optimize the long-term value of the portfolio for its shareholders. Its portfolio comprises investments in four privately owned European businesses, acquired by investing alongside funds managed by Arle Capital LLP, an independent private equity partnership. The group generally invests in sectors, such as industrials, services, and energy and natural resources.

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