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Diverseome Trust (The) (LSE:DIVI) Cyclically Adjusted PS Ratio : 10.83 (As of Jun. 20, 2024)


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What is Diverseome Trust (The) Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Diverseome Trust (The)'s current share price is £0.866. Diverseome Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in May23 was £0.08. Diverseome Trust (The)'s Cyclically Adjusted PS Ratio for today is 10.83.

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

LSE:DIVI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.75   Med: 10   Max: 11.18
Current: 11.12

During the past 12 years, Diverseome Trust (The)'s highest Cyclically Adjusted PS Ratio was 11.18. The lowest was 7.75. And the median was 10.00.

LSE:DIVI's Cyclically Adjusted PS Ratio is ranked worse than
68.07% of 877 companies
in the Asset Management industry
Industry Median: 7.64 vs LSE:DIVI: 11.12

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.

Diverseome Trust (The)'s adjusted revenue per share data of for the fiscal year that ended in May23 was £-0.174. 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 £0.08 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diverseome Trust (The) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Diverseome Trust (The)'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.

Diverseome Trust (The) Cyclically Adjusted PS Ratio Chart

Diverseome Trust (The) Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.75 8.99 10.74

Diverseome Trust (The) Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 10.75 - 8.99 - 10.74

Competitive Comparison of Diverseome Trust (The)'s Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Diverseome Trust (The)'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.


Diverseome Trust (The)'s Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Diverseome Trust (The)'s Cyclically Adjusted PS Ratio falls into.



Diverseome Trust (The) 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.

Diverseome Trust (The)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.866/0.08
=10.83

* 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.

Diverseome Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in May23 is calculated as:

For example, Diverseome Trust (The)'s adjusted Revenue per Share data for the fiscal year that ended in May23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May23 (Change)*Current CPI (May23)
=-0.174/129.1000*129.1000
=-0.174

Current CPI (May23) = 129.1000.

Diverseome Trust (The) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.183 99.600 0.237
201505 0.083 100.100 0.107
201605 0.070 100.800 0.090
201705 0.155 103.500 0.193
201805 0.055 105.900 0.067
201905 -0.059 107.900 -0.071
202005 -0.021 108.600 -0.025
202105 0.336 111.000 0.391
202205 -0.036 119.700 -0.039
202305 -0.174 129.100 -0.174

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.


Diverseome Trust (The)  (LSE:DIVI) 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.


Diverseome Trust (The) Cyclically Adjusted PS Ratio Related Terms

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


Diverseome Trust (The) (LSE:DIVI) Business Description

Traded in Other Exchanges
Address
Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS
Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.

Diverseome Trust (The) (LSE:DIVI) Headlines