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Mavenome and Growth VCT 3 (LSE:MIG3) Cyclically Adjusted PS Ratio : 9.60 (As of May. 21, 2024)


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What is Mavenome and Growth VCT 3 Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Mavenome and Growth VCT 3's current share price is £0.48. Mavenome and Growth VCT 3's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 was £0.05. Mavenome and Growth VCT 3's Cyclically Adjusted PS Ratio for today is 9.60.

The historical rank and industry rank for Mavenome and Growth VCT 3's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:MIG3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8   Med: 9.63   Max: 26.83
Current: 9.07

During the past 13 years, Mavenome and Growth VCT 3's highest Cyclically Adjusted PS Ratio was 26.83. The lowest was 8.00. And the median was 9.63.

LSE:MIG3's Cyclically Adjusted PS Ratio is ranked worse than
57% of 879 companies
in the Asset Management industry
Industry Median: 7.52 vs LSE:MIG3: 9.07

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.

Mavenome and Growth VCT 3's adjusted revenue per share data of for the fiscal year that ended in Nov23 was £-0.021. 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 £0.05 for the trailing ten years ended in Nov23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mavenome and Growth VCT 3 Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mavenome and Growth VCT 3'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.

Mavenome and Growth VCT 3 Cyclically Adjusted PS Ratio Chart

Mavenome and Growth VCT 3 Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.27 9.26 9.56 - 9.45

Mavenome and Growth VCT 3 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 9.56 - - - 9.45

Competitive Comparison of Mavenome and Growth VCT 3's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Mavenome and Growth VCT 3'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.


Mavenome and Growth VCT 3's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mavenome and Growth VCT 3's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mavenome and Growth VCT 3's Cyclically Adjusted PS Ratio falls into.



Mavenome and Growth VCT 3 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.

Mavenome and Growth VCT 3's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.48/0.05
=9.60

* 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.

Mavenome and Growth VCT 3's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 is calculated as:

For example, Mavenome and Growth VCT 3's adjusted Revenue per Share data for the fiscal year that ended in Nov23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov23 (Change)*Current CPI (Nov23)
=-0.021/130.0000*130.0000
=-0.021

Current CPI (Nov23) = 130.0000.

Mavenome and Growth VCT 3 Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 0.105 99.900 0.137
201511 0.111 100.300 0.144
201611 0.060 101.800 0.077
201711 0.008 104.700 0.010
201811 0.008 106.900 0.010
201911 0.008 108.500 0.010
202011 0.008 109.100 0.010
202111 0.089 114.100 0.101
202211 0.000 124.800 0.000
202311 -0.021 130.000 -0.021

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.


Mavenome and Growth VCT 3  (LSE:MIG3) 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.


Mavenome and Growth VCT 3 Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Mavenome and Growth VCT 3's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mavenome and Growth VCT 3 (LSE:MIG3) Business Description

Traded in Other Exchanges
N/A
Address
205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT 3 PLC is a part of the financial services sector. It operating as a venture capital trust, the company aims to achieve long-term capital growth and income for its shareholders. It follows a strategy of investing most of its funds in shares and securities of unquoted UK companies and AIM-quoted companies. The company funds portfolio includes Greater Manchester Loan Fund, Private Equity, and Property Fund.

Mavenome and Growth VCT 3 (LSE:MIG3) Headlines

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