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Oxford Technology 2 Venture Capital Trust (LSE:OXH) Cyclically Adjusted PS Ratio : 5.50 (As of Jun. 20, 2024)


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What is Oxford Technology 2 Venture Capital Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Oxford Technology 2 Venture Capital Trust's current share price is £0.11. Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 was £0.02. Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted PS Ratio for today is 5.50.

The historical rank and industry rank for Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:OXH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.5   Med: 22.5   Max: 46.5
Current: 6.91

During the past 13 years, Oxford Technology 2 Venture Capital Trust's highest Cyclically Adjusted PS Ratio was 46.50. The lowest was 5.50. And the median was 22.50.

LSE:OXH's Cyclically Adjusted PS Ratio is ranked better than
53.59% of 877 companies
in the Asset Management industry
Industry Median: 7.64 vs LSE:OXH: 6.91

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.

Oxford Technology 2 Venture Capital Trust's adjusted revenue per share data of for the fiscal year that ended in Feb24 was £-0.057. 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 £0.02 for the trailing ten years ended in Feb24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Technology 2 Venture Capital Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oxford Technology 2 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.

* Premium members only.

Oxford Technology 2 Venture Capital Trust Cyclically Adjusted PS Ratio Chart

Oxford Technology 2 Venture Capital Trust Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.84 35.65 8.16 10.36 10.67

Oxford Technology 2 Venture Capital Trust Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 8.16 - 10.36 - 10.67

Competitive Comparison of Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Oxford Technology 2 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 2 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 2 Venture Capital Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted PS Ratio falls into.



Oxford Technology 2 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 2 Venture Capital Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.11/0.02
=5.50

* 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.

Oxford Technology 2 Venture Capital Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Oxford Technology 2 Venture Capital Trust's adjusted Revenue per Share data for the fiscal year that ended in Feb24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=-0.057/130.8000*130.8000
=-0.057

Current CPI (Feb24) = 130.8000.

Oxford Technology 2 Venture Capital Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201502 0.000 99.500 0.000
201602 0.036 100.100 0.047
201702 0.097 102.400 0.124
201802 0.018 104.900 0.022
201902 0.009 106.800 0.011
202002 -0.011 108.600 -0.013
202102 -0.019 109.400 -0.023
202202 0.084 115.400 0.095
202302 -0.061 126.000 -0.063
202402 -0.057 130.800 -0.057

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 2 Venture Capital Trust  (LSE:OXH) 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 2 Venture Capital Trust Cyclically Adjusted PS Ratio Related Terms

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Oxford Technology 2 Venture Capital Trust (LSE:OXH) Business Description

Traded in Other Exchanges
N/A
Address
OT2 Managers Ltd, Magdalen Centre, Oxford Science Park, Oxford, GBR, OX4 4GA
Oxford Technology 2 Venture Capital Trust PLC is active in the financial services sector. The company operates as a venture capital trust managed by OT2 Managers Ltd. Its core feature is that it invests in early-stage and start-up technology companies, which provide good yields but are risky to invest in. The company's portfolio comprises unlisted, UK-based companies belonging to the science, technology, and engineering businesses.

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