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Close Brothers Group (Close Brothers Group) Cyclically Adjusted PS Ratio : 0.71 (As of May. 16, 2024)


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What is Close Brothers Group Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Close Brothers Group's current share price is $12.19. Close Brothers Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul23 was $17.27. Close Brothers Group's Cyclically Adjusted PS Ratio for today is 0.71.

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

CBGPY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 3.13   Max: 4.17
Current: 0.76

During the past 13 years, Close Brothers Group's highest Cyclically Adjusted PS Ratio was 4.17. The lowest was 0.45. And the median was 3.13.

CBGPY's Cyclically Adjusted PS Ratio is ranked better than
91.7% of 1193 companies
in the Banks industry
Industry Median: 2.42 vs CBGPY: 0.76

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.

Close Brothers Group's adjusted revenue per share data of for the fiscal year that ended in Jul23 was $17.411. 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 $17.27 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Close Brothers Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Close Brothers Group'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.

Close Brothers Group Cyclically Adjusted PS Ratio Chart

Close Brothers Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 2.15 2.85 1.82 1.38

Close Brothers Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 1.82 - 1.38 -

Competitive Comparison of Close Brothers Group's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Close Brothers Group'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.


Close Brothers Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Close Brothers Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Close Brothers Group's Cyclically Adjusted PS Ratio falls into.



Close Brothers Group 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.

Close Brothers Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.19/17.27
=0.71

* 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.

Close Brothers Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Close Brothers Group's adjusted Revenue per Share data for the fiscal year that ended in Jul23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=17.411/129.0000*129.0000
=17.411

Current CPI (Jul23) = 129.0000.

Close Brothers Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201407 14.306 99.600 18.529
201507 14.244 100.000 18.375
201607 12.346 100.900 15.784
201707 13.848 103.500 17.260
201807 14.810 105.900 18.041
201907 14.323 108.000 17.108
202007 15.685 109.200 18.529
202107 18.661 111.400 21.609
202207 16.061 121.200 17.095
202307 17.411 129.000 17.411

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.


Close Brothers Group  (OTCPK:CBGPY) 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.


Close Brothers Group Cyclically Adjusted PS Ratio Related Terms

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


Close Brothers Group (Close Brothers Group) Business Description

Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (Close Brothers Group) Headlines

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