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CT Private Equity Trust (LSE:CTPE) Cyclically Adjusted Revenue per Share : £0.72 (As of Dec. 2023)


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What is CT Private Equity Trust Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

CT Private Equity Trust's adjusted revenue per share for the three months ended in Dec. 2023 was £0.133. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is £0.72 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of CT Private Equity Trust was 25.40% per year. The lowest was 12.90% per year. And the median was 19.00% per year.

As of today (2024-05-19), CT Private Equity Trust's current stock price is £4.61. CT Private Equity Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was £0.72. CT Private Equity Trust's Cyclically Adjusted PS Ratio of today is 6.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CT Private Equity Trust was 16.54. The lowest was 5.57. And the median was 10.13.


CT Private Equity Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CT Private Equity Trust's Cyclically Adjusted Revenue per Share 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.

CT Private Equity Trust Cyclically Adjusted Revenue per Share Chart

CT Private Equity Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.42 0.59 0.71 0.72

CT Private Equity Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 0.71 0.70 0.69 0.72 0.72

Competitive Comparison of CT Private Equity Trust's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, CT Private Equity Trust'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.


CT Private Equity Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CT Private Equity Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CT Private Equity Trust's Cyclically Adjusted PS Ratio falls into.



CT Private Equity Trust Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CT Private Equity Trust'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)
=0.133/130.5000*130.5000
=0.133

Current CPI (Dec. 2023) = 130.5000.

CT Private Equity Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 -0.017 99.300 -0.022
201406 0.038 99.800 0.050
201409 0.070 100.000 0.091
201412 0.160 99.900 0.209
201503 -0.018 99.600 -0.024
201506 0.097 100.100 0.126
201509 0.187 100.200 0.244
201512 0.029 100.400 0.038
201603 0.072 100.400 0.094
201606 0.174 101.000 0.225
201609 0.109 101.500 0.140
201612 0.326 102.200 0.416
201703 0.003 102.700 0.004
201706 0.126 103.500 0.159
201709 0.044 104.300 0.055
201712 0.035 105.000 0.044
201803 -0.042 105.100 -0.052
201806 0.108 105.900 0.133
201809 0.161 106.600 0.197
201812 0.217 107.100 0.264
201903 -0.014 107.000 -0.017
201906 0.110 107.900 0.133
201909 0.068 108.400 0.082
201912 0.248 108.500 0.298
202003 -0.017 108.600 -0.020
202006 -0.169 108.800 -0.203
202009 0.086 109.200 0.103
202012 1.018 109.400 1.214
202103 -0.012 109.700 -0.014
202106 0.763 111.400 0.894
202109 0.403 112.400 0.468
202112 0.573 114.700 0.652
202203 0.031 116.500 0.035
202206 0.221 120.500 0.239
202209 0.615 122.300 0.656
202212 0.056 125.300 0.058
202303 -0.012 126.800 -0.012
202306 -0.145 129.400 -0.146
202309 0.228 130.100 0.229
202312 0.133 130.500 0.133

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


CT Private Equity Trust  (LSE:CTPE) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

CT Private Equity Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.61/0.72
=6.40

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CT Private Equity Trust was 16.54. The lowest was 5.57. And the median was 10.13.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


CT Private Equity Trust Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of CT Private Equity Trust's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CT Private Equity Trust (LSE:CTPE) Business Description

Traded in Other Exchanges
Address
7a Nightingale Way, Quartermile 4, 6th Floor, Edinburgh, GBR, EH3 9EG
CT Private Equity Trust PLC is a UK-based investment trust, which is managed by F&C Investment Business Limited. Its core business is the management of long-term borrowings by investing them in private equity assets. Its objective is to achieve long-term capital growth through investment in private equity assets, whilst providing shareholders with a predictable and above average level of dividend funded from a combination of the Company's revenue and realised capital profits. The fund's portfolio is comprised of private equity focused limited partnerships, offshore funds, investment companies and investment trusts. The company may also make direct private equity investments, mainly through co-investment with the funds in which the company is invested.

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