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Jarvis Securities (LSE:JIM) Cyclically Adjusted PS Ratio : 2.25 (As of May. 27, 2024)


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What is Jarvis Securities Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Jarvis Securities's current share price is £0.63. Jarvis Securities's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.28. Jarvis Securities's Cyclically Adjusted PS Ratio for today is 2.25.

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

LSE:JIM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.79   Med: 7.49   Max: 16.9
Current: 2.22

During the past 13 years, Jarvis Securities's highest Cyclically Adjusted PS Ratio was 16.90. The lowest was 1.79. And the median was 7.49.

LSE:JIM's Cyclically Adjusted PS Ratio is ranked better than
60.25% of 566 companies
in the Capital Markets industry
Industry Median: 3.23 vs LSE:JIM: 2.22

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.

Jarvis Securities's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.293. 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 £0.28 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jarvis Securities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jarvis Securities'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.

Jarvis Securities Cyclically Adjusted PS Ratio Chart

Jarvis Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.31 10.69 12.02 6.15 2.08

Jarvis Securities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.02 - 6.15 - 2.08

Competitive Comparison of Jarvis Securities's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Jarvis Securities'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.


Jarvis Securities's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jarvis Securities's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jarvis Securities 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.

Jarvis Securities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.63/0.28
=2.25

* 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.

Jarvis Securities's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Jarvis Securities's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.293/130.5000*130.5000
=0.293

Current CPI (Dec23) = 130.5000.

Jarvis Securities Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.165 99.900 0.216
201512 0.171 100.400 0.222
201612 0.189 102.200 0.241
201712 0.215 105.000 0.267
201812 0.229 107.100 0.279
201912 0.241 108.500 0.290
202012 0.305 109.400 0.364
202112 0.322 114.700 0.366
202212 0.282 125.300 0.294
202312 0.293 130.500 0.293

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.


Jarvis Securities  (LSE:JIM) 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.


Jarvis Securities Cyclically Adjusted PS Ratio Related Terms

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


Jarvis Securities (LSE:JIM) Business Description

Traded in Other Exchanges
N/A
Address
78 Mount Ephraim, Royal Tunbridge Wells, Kent, GBR, TN4 8BS
Jarvis Securities PLC operates in the financial services sector. Its core business is to provide retail execution-only stockbroking, ISA (Individual saving account), and SIPP (Self-invested personal pension) investment wrappers, savings schemes, financial administration, settlement, and custody services to stockbrokers, investment firms, and individuals. The company also provides outsourced financial administration services to various investment firms. Its operations are principally carried out in the United Kingdom.

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