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European Opportunities Trust (LSE:EOT) Cyclically Adjusted PS Ratio : 14.14 (As of May. 21, 2024)


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What is European Opportunities Trust Cyclically Adjusted PS Ratio?

As of today (2024-05-21), European Opportunities Trust's current share price is £9.05. European Opportunities Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May23 was £0.64. European Opportunities Trust's Cyclically Adjusted PS Ratio for today is 14.14.

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

LSE:EOT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.11   Med: 11   Max: 14.65
Current: 14.09

During the past 13 years, European Opportunities Trust's highest Cyclically Adjusted PS Ratio was 14.65. The lowest was 7.11. And the median was 11.00.

LSE:EOT's Cyclically Adjusted PS Ratio is ranked worse than
79.75% of 879 companies
in the Asset Management industry
Industry Median: 7.52 vs LSE:EOT: 14.09

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.

European Opportunities Trust's adjusted revenue per share data of for the fiscal year that ended in May23 was £0.258. 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 £0.64 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


European Opportunities Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for European Opportunities 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.

European Opportunities Trust Cyclically Adjusted PS Ratio Chart

European Opportunities Trust 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 10.29 10.62 12.16 10.39 12.16

European Opportunities Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 10.39 - 12.16 -

Competitive Comparison of European Opportunities Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, European Opportunities 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.


European Opportunities Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where European Opportunities Trust's Cyclically Adjusted PS Ratio falls into.



European Opportunities 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.

European Opportunities Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.05/0.64
=14.14

* 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.

European Opportunities Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May23 is calculated as:

For example, European Opportunities Trust'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)
=0.258/129.1000*129.1000
=0.258

Current CPI (May23) = 129.1000.

European Opportunities Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.531 99.600 0.688
201505 1.024 100.100 1.321
201605 0.093 100.800 0.119
201705 1.685 103.500 2.102
201805 0.749 105.900 0.913
201905 0.511 107.900 0.611
202005 0.028 108.600 0.033
202105 0.060 111.000 0.070
202205 0.286 119.700 0.308
202305 0.258 129.100 0.258

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.


European Opportunities Trust  (LSE:EOT) 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.


European Opportunities Trust Cyclically Adjusted PS Ratio Related Terms

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European Opportunities Trust (LSE:EOT) Business Description

Traded in Other Exchanges
Address
123 Victoria Street, Third Floor / MYO, London, GBR, SW1E 6DE
European Opportunities Trust PLC is an investment trust company that principally is active in portfolio investment. It mainly invests in securities of European companies and geographical sectors or areas which offer good prospects for capital growth. It adopts a stock-picking approach to identify long-term superior growth prospects as well as focuses on the companies which have proprietary technology, management, and the ability of sustainable growth. It invests in securities of various sectors including Basic Materials, Industrials, Health Care, Financials, Consumer Services in Denmark, France, Germany, UK, Spain, and others. The group's revenue mainly comprises Dividends, Foreign exchange income, and other investment income.

European Opportunities Trust (LSE:EOT) Headlines