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Oxford Technology 4 Venture Capital Trust (LSE:OT4) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Oxford Technology 4 Venture Capital Trust Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Technology 4 Venture Capital Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oxford Technology 4 Venture Capital Trust'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.

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Oxford Technology 4 Venture Capital Trust Cyclically Adjusted PS Ratio Chart

Oxford Technology 4 Venture Capital Trust Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Cyclically Adjusted PS Ratio
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Oxford Technology 4 Venture Capital Trust Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22
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Competitive Comparison of Oxford Technology 4 Venture Capital Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Oxford Technology 4 Venture Capital Trust'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.


Oxford Technology 4 Venture Capital Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Technology 4 Venture Capital Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Oxford Technology 4 Venture Capital Trust's Cyclically Adjusted PS Ratio falls into.



Oxford Technology 4 Venture Capital Trust 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.

Oxford Technology 4 Venture Capital Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb22 is calculated as:

For example, Oxford Technology 4 Venture Capital Trust's adjusted Revenue per Share data for the fiscal year that ended in Feb22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb22 (Change)*Current CPI (Feb22)
=0.139/115.4000*115.4000
=0.139

Current CPI (Feb22) = 115.4000.

Oxford Technology 4 Venture Capital Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201302 -0.040 97.500 -0.047
201402 0.001 99.100 0.001
201502 -0.027 99.500 -0.031
201602 0.210 100.100 0.242
201702 -0.144 102.400 -0.162
201802 -0.055 104.900 -0.061
201902 0.066 106.800 0.071
202002 -0.094 108.600 -0.100
202102 -0.041 109.400 -0.043
202202 0.139 115.400 0.139

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.


Oxford Technology 4 Venture Capital Trust  (LSE:OT4) 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.


Oxford Technology 4 Venture Capital Trust Cyclically Adjusted PS Ratio Related Terms

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Oxford Technology 4 Venture Capital Trust (LSE:OT4) Business Description

Traded in Other Exchanges
N/A
Address
The Magdalen Centre, OT4 Managers Ltd, Oxford Science Park, Oxford, GBR, OX4 4GA
Oxford Technology 4 Venture Capital Trust PLC is an investment company. The company invests in start-up and early-stage technology companies in general located within 60 miles of Oxford. The company's investment portfolio includes Glide Pharma, MirriAd, Diamond Hard Surfaces, Impact Applications, Insense, Historic Futures, ImmunoBiology, Plasma Antennas, Novacta Holdings, Oxis Energy, Arecor, OxTox, Select Technology, Telegesis, Imagineer Systems, Naked Objects, Dynamic Extractions, Orthogem, Biosyntha, Metal Nanopowders, Polytherics, Blue Water Bio, Superhard Materials and Dynamic Discovery. The company's investment manager is Oxford Technology Management Ltd.

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