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abrdn Globalome Fund (abrdn Globalome Fund) Cyclically Adjusted PS Ratio : 92.83 (As of Apr. 28, 2024)


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What is abrdn Globalome Fund Cyclically Adjusted PS Ratio?

As of today (2024-04-28), abrdn Globalome Fund's current share price is $5.57. abrdn Globalome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 was $0.06. abrdn Globalome Fund's Cyclically Adjusted PS Ratio for today is 92.83.

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

FCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.66   Med: 23.09   Max: 108.17
Current: 97.67

During the past 13 years, abrdn Globalome Fund's highest Cyclically Adjusted PS Ratio was 108.17. The lowest was 7.66. And the median was 23.09.

FCO's Cyclically Adjusted PS Ratio is ranked worse than
98.97% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs FCO: 97.67

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.

abrdn Globalome Fund's adjusted revenue per share data of for the fiscal year that ended in Oct23 was $0.497. 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 $0.06 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


abrdn Globalome Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for abrdn Globalome Fund'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.

abrdn Globalome Fund Cyclically Adjusted PS Ratio Chart

abrdn Globalome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.22 19.68 33.73 - 106.78

abrdn Globalome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 33.73 - - - 106.78

Competitive Comparison of abrdn Globalome Fund's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, abrdn Globalome Fund'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.


abrdn Globalome Fund's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Globalome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where abrdn Globalome Fund's Cyclically Adjusted PS Ratio falls into.



abrdn Globalome Fund 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.

abrdn Globalome Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.57/0.06
=92.83

* 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.

abrdn Globalome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 is calculated as:

For example, abrdn Globalome Fund's adjusted Revenue per Share data for the fiscal year that ended in Oct23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=0.497/129.8097*129.8097
=0.497

Current CPI (Oct23) = 129.8097.

abrdn Globalome Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201410 0.261 100.176 0.338
201510 -1.197 100.346 -1.548
201610 0.753 101.988 0.958
201710 0.888 104.070 1.108
201810 -0.254 106.695 -0.309
201910 0.768 108.577 0.918
202010 -0.357 109.861 -0.422
202110 0.615 116.696 0.684
202210 -1.602 125.734 -1.654
202310 0.497 129.810 0.497

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.


abrdn Globalome Fund  (AMEX:FCO) 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.


abrdn Globalome Fund Cyclically Adjusted PS Ratio Related Terms

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


abrdn Globalome Fund (abrdn Globalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Global Income Fund Inc is a closed-end, non-diversified management investment company. The Fund's principal investment objective is to provide high current income by investing predominantly in fixed-income securities. As a secondary investment objective, the Fund seeks capital appreciation, but only when consistent with its principal investment objective. It invests in Government Bonds & Corporate Bonds, and its investments are divided into three categories, Developed Markets, Investment Grade Developing Markets, and Sub-Investment Grade Developing Markets.
Executives
Peter Branner other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Ai Hua Aik other: Director of Investment Manager 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Grant Thomas Hotson other: Director of Sub-Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Radhika Ajmera director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Neil Andrew Slater other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022