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Custodian Investment (NSA:CUSTODIAN) Cyclically Adjusted PS Ratio : 1.30 (As of Sep. 21, 2024)


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What is Custodian Investment Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Custodian Investment's current share price is ₦13.00. Custodian Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₦9.98. Custodian Investment's Cyclically Adjusted PS Ratio for today is 1.30.

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

NSA:CUSTODIAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.97   Max: 1.3
Current: 1.3

During the past years, Custodian Investment's highest Cyclically Adjusted PS Ratio was 1.30. The lowest was 0.73. And the median was 0.97.

NSA:CUSTODIAN's Cyclically Adjusted PS Ratio is ranked worse than
61.11% of 396 companies
in the Insurance industry
Industry Median: 1.05 vs NSA:CUSTODIAN: 1.30

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.

Custodian Investment's adjusted revenue per share data for the three months ended in Jun. 2024 was ₦8.253. 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 ₦9.98 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Custodian Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Custodian Investment'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.

Custodian Investment Cyclically Adjusted PS Ratio Chart

Custodian Investment 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 - - - - 1.04

Custodian Investment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.92 0.89 1.04 0.98 1.02

Competitive Comparison of Custodian Investment's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Custodian Investment'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.


Custodian Investment's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Custodian Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Custodian Investment 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.

Custodian Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.00/9.98
=1.30

* 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.

Custodian Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Custodian Investment's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=8.253/132.5538*132.5538
=8.253

Current CPI (Jun. 2024) = 132.5538.

Custodian Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.921 100.428 2.536
201412 -0.501 99.070 -0.670
201503 1.079 99.621 1.436
201506 0.388 100.684 0.511
201509 0.850 100.392 1.122
201512 1.141 99.792 1.516
201603 1.120 100.470 1.478
201606 1.138 101.688 1.483
201609 1.123 101.861 1.461
201612 1.490 101.863 1.939
201703 0.806 102.862 1.039
201706 1.492 103.349 1.914
201709 1.500 104.136 1.909
201712 1.324 104.011 1.687
201803 1.327 105.290 1.671
201806 1.338 106.317 1.668
201809 1.296 106.507 1.613
201812 1.736 105.998 2.171
201903 1.781 107.251 2.201
201906 1.868 108.070 2.291
201909 1.798 108.329 2.200
201912 2.279 108.420 2.786
202003 1.935 108.902 2.355
202006 2.561 108.767 3.121
202009 3.148 109.815 3.800
202012 5.096 109.897 6.147
202103 -0.540 111.754 -0.641
202106 2.343 114.631 2.709
202109 2.358 115.734 2.701
202112 4.374 117.630 4.929
202203 3.110 121.301 3.399
202206 2.898 125.017 3.073
202209 2.688 125.227 2.845
202212 1.211 125.222 1.282
202303 2.411 127.348 2.510
202306 5.443 128.729 5.605
202309 3.999 129.860 4.082
202312 3.137 129.419 3.213
202403 4.463 131.776 4.489
202406 8.253 132.554 8.253

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.


Custodian Investment  (NSA:CUSTODIAN) 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.


Custodian Investment Cyclically Adjusted PS Ratio Related Terms

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


Custodian Investment Business Description

Traded in Other Exchanges
N/A
Address
16A, Commercial Avenue, Custodian House, P.O. Box 2101, Sabo, Yaba, Lagos, NGA
Custodian Investment PLC is an investment holding company in Nigeria. It operates in five segments. In the Non-life business segment, it offers insurance products like engineering, aviation, marine liability, motor liability, oil and energy, fire, and property for personal and corporate customers. In the Life business segment, it offers life insurance products including annuity, endowment, and investment-oriented products. The pension administration segment includes the administration and management of the retirement benefits of members. Trustees and others segment includes trustee management and corporate services. A vast majority of revenues is received from the non-life business segment within Nigeria.

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