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Trenchant Technologies Capital (XCNQ:AITT) Cyclically Adjusted PS Ratio : (As of Jun. 22, 2024)


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What is Trenchant Technologies Capital Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trenchant Technologies Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Trenchant Technologies 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.

* Premium members only.

Trenchant Technologies Capital Cyclically Adjusted PS Ratio Chart

Trenchant Technologies Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.79 0.98 2.15 -

Trenchant Technologies Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.32 - - - -

Competitive Comparison of Trenchant Technologies Capital's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Trenchant Technologies 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.


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

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

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



Trenchant Technologies 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.

Trenchant Technologies Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Trenchant Technologies Capital's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/125.0724*125.0724
=0.000

Current CPI (Dec. 2023) = 125.0724.

Trenchant Technologies Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.009 98.604 0.011
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.006 103.029 0.007
201709 0.022 103.345 0.027
201712 0.021 103.345 0.025
201803 0.025 105.004 0.030
201806 0.039 105.557 0.046
201809 0.042 105.636 0.050
201812 0.041 105.399 0.049
201903 0.041 106.979 0.048
201906 0.043 107.690 0.050
201909 0.051 107.611 0.059
201912 0.051 107.769 0.059
202003 0.050 107.927 0.058
202006 0.016 108.401 0.018
202009 0.030 108.164 0.035
202012 0.030 108.559 0.035
202103 0.045 110.298 0.051
202106 0.017 111.720 0.019
202109 0.017 112.905 0.019
202112 0.016 113.774 0.018
202203 0.017 117.646 0.018
202206 0.009 120.806 0.009
202209 0.010 120.648 0.010
202212 0.008 120.964 0.008
202303 0.000 122.702 0.000
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000

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.


Trenchant Technologies Capital  (XCNQ:AITT) 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.


Trenchant Technologies Capital Cyclically Adjusted PS Ratio Related Terms

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Trenchant Technologies Capital (XCNQ:AITT) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9
Trenchant Capital Corp is a Canada-based investment issuer. The company is in the business of providing special situation debt financing to private equity firms. It derives revenue from interest sources.
Executives
Eric Boehnke Director

Trenchant Technologies Capital (XCNQ:AITT) Headlines

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