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RIT Capital Partners (LSE:RCP) Cyclically Adjusted PS Ratio : 9.34 (As of May. 28, 2024)


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What is RIT Capital Partners Cyclically Adjusted PS Ratio?

As of today (2024-05-28), RIT Capital Partners's current share price is £18.40. RIT Capital Partners's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £1.97. RIT Capital Partners's Cyclically Adjusted PS Ratio for today is 9.34.

The historical rank and industry rank for RIT Capital Partners's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:RCP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.17   Med: 11.51   Max: 16.69
Current: 9.34

During the past 13 years, RIT Capital Partners's highest Cyclically Adjusted PS Ratio was 16.69. The lowest was 8.17. And the median was 11.51.

LSE:RCP's Cyclically Adjusted PS Ratio is ranked worse than
57.91% of 872 companies
in the Asset Management industry
Industry Median: 7.605 vs LSE:RCP: 9.34

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.

RIT Capital Partners's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.721. 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 £1.97 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


RIT Capital Partners Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RIT Capital Partners'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.

RIT Capital Partners Cyclically Adjusted PS Ratio Chart

RIT Capital Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.81 11.96 12.37 10.05 9.55

RIT Capital Partners Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.37 - 10.05 - 9.55

Competitive Comparison of RIT Capital Partners's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, RIT Capital Partners'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.


RIT Capital Partners's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where RIT Capital Partners's Cyclically Adjusted PS Ratio falls into.



RIT Capital Partners 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.

RIT Capital Partners's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.40/1.97
=9.34

* 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.

RIT Capital Partners's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, RIT Capital Partners's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.721/130.5000*130.5000
=0.721

Current CPI (Dec23) = 130.5000.

RIT Capital Partners Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.433 99.900 1.872
201512 1.411 100.400 1.834
201612 2.136 102.200 2.727
201712 1.607 105.000 1.997
201812 0.369 107.100 0.450
201912 2.411 108.500 2.900
202012 3.485 109.400 4.157
202112 5.820 114.700 6.622
202212 -3.430 125.300 -3.572
202312 0.721 130.500 0.721

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.


RIT Capital Partners  (LSE:RCP) 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.


RIT Capital Partners Cyclically Adjusted PS Ratio Related Terms

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


RIT Capital Partners (LSE:RCP) Business Description

Traded in Other Exchanges
Address
27 St James's Place, London, GBR, SW1A 1NR
RIT Capital Partners PLC is a United Kingdom-based investment trust. Its investment objective is to facilitate long-term capital growth by obtaining a capital value that exceeds the relevant indices over time. The company invests in a diversified, international portfolio across quoted and unquoted asset classes, provided every investment has something unique to offer. Its operating segment includes RIT; JRCM and SHL. Geographically, it has a presence in Asia; the US; Europe; Japan, and other countries.

RIT Capital Partners (LSE:RCP) Headlines

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