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Lindsell Train Investment Trust (The) (LSE:LTI) Cyclically Adjusted PS Ratio : 6.85 (As of Jun. 22, 2024)


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What is Lindsell Train Investment Trust (The) Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Lindsell Train Investment Trust (The)'s current share price is £864.00. Lindsell Train Investment Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was £126.12. Lindsell Train Investment Trust (The)'s Cyclically Adjusted PS Ratio for today is 6.85.

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

LSE:LTI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.26   Med: 13.02   Max: 23.73
Current: 6.48

During the past 13 years, Lindsell Train Investment Trust (The)'s highest Cyclically Adjusted PS Ratio was 23.73. The lowest was 6.26. And the median was 13.02.

LSE:LTI's Cyclically Adjusted PS Ratio is ranked better than
55.13% of 878 companies
in the Asset Management industry
Industry Median: 7.64 vs LSE:LTI: 6.48

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.

Lindsell Train Investment Trust (The)'s adjusted revenue per share data of for the fiscal year that ended in Mar24 was £24.440. 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 £126.12 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindsell Train Investment Trust (The) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lindsell Train Investment 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.

Lindsell Train Investment Trust (The) Cyclically Adjusted PS Ratio Chart

Lindsell Train Investment Trust (The) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.38 11.93 9.07 8.48 6.35

Lindsell Train Investment Trust (The) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 9.07 - 8.48 - 6.35

Competitive Comparison of Lindsell Train Investment Trust (The)'s Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Lindsell Train Investment 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.


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

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

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



Lindsell Train Investment 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.

Lindsell Train Investment Trust (The)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=864.00/126.12
=6.85

* 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.

Lindsell Train Investment Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Lindsell Train Investment Trust (The)'s adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=24.44/131.6000*131.6000
=24.440

Current CPI (Mar24) = 131.6000.

Lindsell Train Investment Trust (The) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 89.670 99.600 118.480
201603 49.285 100.400 64.601
201703 155.570 102.700 199.348
201803 176.350 105.100 220.815
201903 172.855 107.000 212.595
202003 92.460 108.600 112.042
202103 275.520 109.700 330.524
202203 -18.740 116.500 -21.169
202303 -0.505 126.800 -0.524
202403 24.440 131.600 24.440

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.


Lindsell Train Investment Trust (The)  (LSE:LTI) 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.


Lindsell Train Investment Trust (The) Cyclically Adjusted PS Ratio Related Terms

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Lindsell Train Investment Trust (The) (LSE:LTI) Business Description

Traded in Other Exchanges
N/A
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Lindsell Train Investment Trust (The) PLC is a UK-based investment trust company. Its primary investment objective is to maximize long-term total returns with a minimum objective to maintain the real purchasing power of Sterling capital. The company's investment policy is to invest in a wide range of financial assets including equities, unquoted equities, bonds, funds, cash and other financial investments globally with no limitations on the markets and sectors. It focuses on investing in a concentrated portfolio of securities with the number of equity investments averaging fifteen companies. The company holds a portfolio of equities across UK, USA, Japan, Europe.

Lindsell Train Investment Trust (The) (LSE:LTI) Headlines

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