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Montanaro UK Smaller Inv Tr (LSE:MTU) Cyclically Adjusted PS Ratio : 17.92 (As of Jun. 20, 2024)


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What is Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Montanaro UK Smaller Inv Tr's current share price is £1.075. Montanaro UK Smaller Inv Tr's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was £0.06. Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio for today is 17.92.

The historical rank and industry rank for Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:MTU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.62   Med: 11.69   Max: 19.43
Current: 19.43

During the past 13 years, Montanaro UK Smaller Inv Tr's highest Cyclically Adjusted PS Ratio was 19.43. The lowest was 6.62. And the median was 11.69.

LSE:MTU's Cyclically Adjusted PS Ratio is ranked worse than
86.66% of 877 companies
in the Asset Management industry
Industry Median: 7.64 vs LSE:MTU: 19.43

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.

Montanaro UK Smaller Inv Tr's adjusted revenue per share data of for the fiscal year that ended in Mar24 was £0.094. 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 £0.06 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Montanaro UK Smaller Inv Tr'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.

Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio Chart

Montanaro UK Smaller Inv Tr 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 11.24 14.47 13.18 17.11 18.26

Montanaro UK Smaller Inv Tr 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 13.18 - 17.11 - 18.26

Competitive Comparison of Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Montanaro UK Smaller Inv Tr'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.


Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio falls into.



Montanaro UK Smaller Inv Tr 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.

Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.075/0.06
=17.92

* 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.

Montanaro UK Smaller Inv Tr's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Montanaro UK Smaller Inv Tr'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)
=0.094/131.6000*131.6000
=0.094

Current CPI (Mar24) = 131.6000.

Montanaro UK Smaller Inv Tr Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 -0.029 99.600 -0.038
201603 0.033 100.400 0.043
201703 0.146 102.700 0.187
201803 0.120 105.100 0.150
201903 -0.015 107.000 -0.018
202003 -0.096 108.600 -0.116
202103 0.404 109.700 0.485
202203 -0.061 116.500 -0.069
202303 -0.158 126.800 -0.164
202403 0.094 131.600 0.094

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.


Montanaro UK Smaller Inv Tr  (LSE:MTU) 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.


Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio Related Terms

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Montanaro UK Smaller Inv Tr (LSE:MTU) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market ( AIM) and to outperform its benchmark, the Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.

Montanaro UK Smaller Inv Tr (LSE:MTU) Headlines

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