GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vietnam Enterprise Investments Ltd (LSE:VEIL) » Definitions » Cyclically Adjusted PS Ratio

Vietnam Enterprise Investments (LSE:VEIL) Cyclically Adjusted PS Ratio : 12.04 (As of Dec. 11, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Vietnam Enterprise Investments Cyclically Adjusted PS Ratio?

As of today (2024-12-11), Vietnam Enterprise Investments's current share price is £5.90. Vietnam Enterprise Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.49. Vietnam Enterprise Investments's Cyclically Adjusted PS Ratio for today is 12.04.

The historical rank and industry rank for Vietnam Enterprise Investments's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:VEIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.24   Med: 12.17   Max: 14.31
Current: 12.07

During the past 11 years, Vietnam Enterprise Investments's highest Cyclically Adjusted PS Ratio was 14.31. The lowest was 11.24. And the median was 12.17.

LSE:VEIL's Cyclically Adjusted PS Ratio is ranked worse than
71.14% of 842 companies
in the Asset Management industry
Industry Median: 8.425 vs LSE:VEIL: 12.07

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.

Vietnam Enterprise Investments's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.635. 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 £0.49 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vietnam Enterprise Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vietnam Enterprise Investments'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.

Vietnam Enterprise Investments Cyclically Adjusted PS Ratio Chart

Vietnam Enterprise Investments 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 - - - 12.98 11.38

Vietnam Enterprise Investments Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 12.98 - 11.38 -

Competitive Comparison of Vietnam Enterprise Investments's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Vietnam Enterprise Investments'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.


Vietnam Enterprise Investments's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Vietnam Enterprise Investments's Cyclically Adjusted PS Ratio falls into.



Vietnam Enterprise Investments 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.

Vietnam Enterprise Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.90/0.49
=12.04

* 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.

Vietnam Enterprise Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Vietnam Enterprise Investments'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)
=0.635/129.4194*129.4194
=0.635

Current CPI (Dec23) = 129.4194.

Vietnam Enterprise Investments Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.145 99.070 0.189
201512 0.110 99.792 0.143
201612 0.675 101.863 0.858
201712 1.986 104.011 2.471
201812 -0.374 105.998 -0.457
201912 0.166 108.420 0.198
202012 1.148 109.897 1.352
202112 2.945 117.630 3.240
202212 -3.612 125.222 -3.733
202312 0.635 129.419 0.635

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.


Vietnam Enterprise Investments  (LSE:VEIL) 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.


Vietnam Enterprise Investments Cyclically Adjusted PS Ratio Related Terms

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


Vietnam Enterprise Investments Business Description

Traded in Other Exchanges
Address
C/o Maples Corporate Services Limited, P.O. Box 309, Ugland House, Grand Cayman, CYM, KY1-1104
Vietnam Enterprise Investments Ltd is a closed-ended investment fund. The investment objective of the company is to invest directly or indirectly in publicly or privately issued securities of companies, projects, and enterprises issued by Vietnamese entities, whether inside or outside Vietnam. The company's only operating segment is an investment in equity securities in Vietnam.

Vietnam Enterprise Investments Headlines

No Headlines