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CT UK Highome Trust (LSE:CHIU) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is CT UK Highome Trust 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


CT UK Highome Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CT UK Highome 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.

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CT UK Highome Trust Cyclically Adjusted PS Ratio Chart

CT UK Highome Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.41 13.70 12.74 - 14.05

CT UK Highome Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 12.74 - - - 14.05

Competitive Comparison of CT UK Highome Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, CT UK Highome 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.


CT UK Highome Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where CT UK Highome Trust's Cyclically Adjusted PS Ratio falls into.



CT UK Highome 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.

CT UK Highome Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, CT UK Highome Trust's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.102/131.6000*131.6000
=0.102

Current CPI (Mar24) = 131.6000.

CT UK Highome Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.058 99.600 0.077
201603 -0.025 100.400 -0.033
201703 0.196 102.700 0.251
201803 -0.023 105.100 -0.029
201903 0.040 107.000 0.049
202003 -0.201 108.600 -0.244
202103 0.282 109.700 0.338
202203 0.025 116.500 0.028
202303 0.000 126.800 0.000
202403 0.102 131.600 0.102

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.


CT UK Highome Trust  (LSE:CHIU) 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.


CT UK Highome Trust Cyclically Adjusted PS Ratio Related Terms

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CT UK Highome Trust (LSE:CHIU) Business Description

Traded in Other Exchanges
Address
Quartermile 4, 6th Floor, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT UK High Income Trust PLC is a closed-end listed investment company, which carries on business as an investment trust. Its investment objective is to provide an attractive return to shareholders each year in the form of dividends and/or capital repayments, together with prospects for capital growth. The company invests predominantly in UK equities and equity-related securities of companies across the market capitalization spectrum. The company's portfolio includes the following sectors: Consumer Discretionary, Financials, Consumer Staples, Basic Materials, Health Care, and Others.

CT UK Highome Trust (LSE:CHIU) Headlines