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ClearDebt Group (LSE:CLEA) Cyclically Adjusted PS Ratio : (As of Jun. 23, 2024)


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What is ClearDebt Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ClearDebt Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ClearDebt Group'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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ClearDebt Group Cyclically Adjusted PS Ratio Chart

ClearDebt Group Annual Data
Trend Dec02 Dec03 Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted PS Ratio
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ClearDebt Group Semi-Annual Data
Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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Competitive Comparison of ClearDebt Group's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, ClearDebt Group'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.


ClearDebt Group's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



ClearDebt Group 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.

ClearDebt Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun12 is calculated as:

For example, ClearDebt Group's adjusted Revenue per Share data for the fiscal year that ended in Jun12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun12 (Change)*Current CPI (Jun12)
=0.03/95.6000*95.6000
=0.030

Current CPI (Jun12) = 95.6000.

ClearDebt Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200212 0.490 76.300 0.614
200312 0.378 77.300 0.467
200412 0.000 78.600 0.000
200606 0.002 81.500 0.002
200706 0.002 83.500 0.002
200806 0.006 86.600 0.007
200906 0.011 88.100 0.012
201006 0.022 90.200 0.023
201106 0.025 93.500 0.026
201206 0.030 95.600 0.030

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.


ClearDebt Group  (LSE:CLEA) 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.


ClearDebt Group Cyclically Adjusted PS Ratio Related Terms

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ClearDebt Group (LSE:CLEA) Business Description

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