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Mercia Asset Management (LSE:MERC) Cyclically Adjusted PS Ratio : 6.93 (As of May. 25, 2025)


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What is Mercia Asset Management Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Mercia Asset Management's current share price is £0.277. Mercia Asset Management's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was £0.04. Mercia Asset Management's Cyclically Adjusted PS Ratio for today is 6.93.

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

LSE:MERC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.38   Med: 8.5   Max: 20.88
Current: 6.4

During the past 13 years, Mercia Asset Management's highest Cyclically Adjusted PS Ratio was 20.88. The lowest was 5.38. And the median was 8.50.

LSE:MERC's Cyclically Adjusted PS Ratio is ranked better than
56.91% of 861 companies
in the Asset Management industry
Industry Median: 8.19 vs LSE:MERC: 6.40

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.

Mercia Asset Management's adjusted revenue per share data of for the fiscal year that ended in Mar24 was £0.068. 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 £0.04 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercia Asset Management Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mercia Asset Management'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.

Mercia Asset Management Cyclically Adjusted PS Ratio Chart

Mercia Asset Management 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 - 14.58 12.22 7.44 7.65

Mercia Asset Management Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 7.44 - 7.65 -

Competitive Comparison of Mercia Asset Management's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Mercia Asset Management'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.


Mercia Asset Management's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Mercia Asset Management's Cyclically Adjusted PS Ratio falls into.


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Mercia Asset Management 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.

Mercia Asset Management's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.277/0.04
=6.93

* 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.

Mercia Asset Management's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Mercia Asset Management'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)
=0.068/131.6000*131.6000
=0.068

Current CPI (Mar24) = 131.6000.

Mercia Asset Management Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.002 99.600 0.003
201603 0.008 100.400 0.010
201703 0.030 102.700 0.038
201803 0.034 105.100 0.043
201903 0.035 107.000 0.043
202003 0.037 108.600 0.045
202103 0.053 109.700 0.064
202203 0.052 116.500 0.059
202303 0.058 126.800 0.060
202403 0.068 131.600 0.068

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.


Mercia Asset Management  (LSE:MERC) 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.


Mercia Asset Management Cyclically Adjusted PS Ratio Related Terms

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


Mercia Asset Management Business Description

Traded in Other Exchanges
N/A
Address
17 High Street, Forward House, Henley-in-Arden, Warwickshire, GBR, B95 5AA
Mercia Asset Management PLC is a specialist asset manager focusing on supporting regional SMEs. The company provides capital across its four asset classes proprietary balance sheet capital, venture capital, private equity, and debt. The company initially nurtures businesses via its third-party funds under management and then, over time, provides further funding to the companies by deploying direct investment follow-on capital from its balance sheet. It has more than eight offices in the UK region, approx. 20 university partnerships and extensive personal networks, providing it with access to high-quality deal flow.