JPMorgan Global Emerging Markets IT (LSE:JEMI) Cyclically Adjusted PS Ratio : 13.10 (As of Sep. 20, 2024)

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What is JPMorgan Global Emerging Markets IT Cyclically Adjusted PS Ratio?

As of today (2024-09-20), JPMorgan Global Emerging Markets IT's current share price is £1.31. JPMorgan Global Emerging Markets IT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul23 was £0.10. JPMorgan Global Emerging Markets IT's Cyclically Adjusted PS Ratio for today is 13.10.

The historical rank and industry rank for JPMorgan Global Emerging Markets IT's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:JEMI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.9 Med: 13.15 Max: 17.22
Current: 13.1

During the past 13 years, JPMorgan Global Emerging Markets IT's highest Cyclically Adjusted PS Ratio was 17.22. The lowest was 10.90. And the median was 13.15.

LSE:JEMI's Cyclically Adjusted PS Ratio is ranked worse than
74.57% of 877 companies
in the Asset Management industry
Industry Median: 7.87 vs LSE:JEMI: 13.10

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.

JPMorgan Global Emerging Markets IT's adjusted revenue per share data of for the fiscal year that ended in Jul23 was £0.134. 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 £0.10 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation

JPMorgan Global Emerging Markets IT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JPMorgan Global Emerging Markets IT'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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JPMorgan Global Emerging Markets IT Cyclically Adjusted PS Ratio Chart

JPMorgan Global Emerging Markets IT Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cyclically Adjusted PS Ratio

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12.73

13.68

12.38

13.40

JPMorgan Global Emerging Markets IT Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															-	12.38	-	13.40	-

Competitive Comparison of JPMorgan Global Emerging Markets IT's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, JPMorgan Global Emerging Markets IT'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.

JPMorgan Global Emerging Markets IT's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Global Emerging Markets IT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan Global Emerging Markets IT's Cyclically Adjusted PS Ratio falls into.

JPMorgan Global Emerging Markets IT 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.

JPMorgan Global Emerging Markets IT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	1.31	/	0.1
	=	13.10

JPMorgan Global Emerging Markets IT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul23 is calculated as:

For example, JPMorgan Global Emerging Markets IT's adjusted Revenue per Share data for the fiscal year that ended in Jul23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Jul23 (Change)	*	Current CPI (Jul23)
	=	0.134	/	129.0000	*	129.0000
	=	0.134

Current CPI (Jul23) = 129.0000.

JPMorgan Global Emerging Markets IT Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201407	0.027	99.600	0.035
201507	-0.082	100.000	-0.106
201607	0.173	100.900	0.221
201707	0.196	103.500	0.244
201807	0.094	105.900	0.115
201907	0.164	108.000	0.196
202007	-0.125	109.200	-0.148
202107	0.316	111.400	0.366
202207	-0.054	121.200	-0.057
202307	0.134	129.000	0.134

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.

JPMorgan Global Emerging Markets IT (LSE:JEMI) 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.

JPMorgan Global Emerging Markets IT Cyclically Adjusted PS Ratio Related Terms

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JPMorgan Global Emerging Markets IT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Global Emerging Markets IT PLC (LSE:JEMI) » Definitions » Cyclically Adjusted PS Ratio

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JEMIl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmglobalemergingmarketsincome.co.uk

JPMorgan Global Emerging Markets IT PLC is an investment trust based in the United Kingdom. It delegates the management of the Trust's portfolio to JPMorgan Asset Management (UK) Limited. Its investment objective is to provide investors with a dividend income combined with the potential for long term capital growth from a diversified portfolio of emerging markets investments. The company invests in listed and unlisted equities, preference shares, debt securities, cash and cash equivalents. Its portfolio comprises companies within various sectors such as financials, information technology, telecommunication services, consumer staples, consumer discretionary, industrials, materials, energy, utilities, and healthcare.

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