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Tau Capital (LSE:TAU) Cyclically Adjusted PS Ratio : (As of Jun. 25, 2024)


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What is Tau Capital Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tau Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tau Capital'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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Tau Capital Cyclically Adjusted PS Ratio Chart

Tau Capital Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Tau Capital Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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Competitive Comparison of Tau Capital's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Tau Capital'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.


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

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

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



Tau Capital 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.

Tau Capital's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec18 is calculated as:

For example, Tau Capital's adjusted Revenue per Share data for the fiscal year that ended in Dec18 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=0.001/105.9979*105.9979
=0.001

Current CPI (Dec18) = 105.9979.

Tau Capital Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201112 -0.130 95.213 -0.145
201212 -0.070 96.871 -0.077
201312 -0.187 98.326 -0.202
201412 -0.109 99.070 -0.117
201512 -0.023 99.792 -0.024
201612 -0.002 101.863 -0.002
201712 -0.101 104.011 -0.103
201812 0.001 105.998 0.001

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.


Tau Capital  (LSE:TAU) 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.


Tau Capital Cyclically Adjusted PS Ratio Related Terms

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Tau Capital (LSE:TAU) Business Description

Traded in Other Exchanges
N/A
Address
Hope Street, Ioma House, Douglas, IMN, IM1 1AP
Tau Capital PLC is a part of the financial services sector as a closed-ended investment fund. The company's objective is to invest in public and private businesses that are established in, operating in or have exposure to Kazakhstan and neighboring countries. Tau Capital invests in the Kazakhstan economy but also in other countries in the region, including the Kyrgyz Republic, Uzbekistan, Turkmenistan, Tajikistan, Russia, and Mongolia.

Tau Capital (LSE:TAU) Headlines

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