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Reinet Investments SCA (FRA:RNT) Cyclically Adjusted PS Ratio : 15.37 (As of Apr. 27, 2024)


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What is Reinet Investments SCA Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Reinet Investments SCA's current share price is €20.60. Reinet Investments SCA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was €1.34. Reinet Investments SCA's Cyclically Adjusted PS Ratio for today is 15.37.

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

FRA:RNT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.26   Med: 10.33   Max: 17.78
Current: 15.38

During the past 13 years, Reinet Investments SCA's highest Cyclically Adjusted PS Ratio was 17.78. The lowest was 5.26. And the median was 10.33.

FRA:RNT's Cyclically Adjusted PS Ratio is ranked worse than
83.9% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs FRA:RNT: 15.38

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.

Reinet Investments SCA's adjusted revenue per share data of for the fiscal year that ended in Mar23 was €-0.637. 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 €1.34 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinet Investments SCA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Reinet Investments SCA'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.

Reinet Investments SCA Cyclically Adjusted PS Ratio Chart

Reinet Investments SCA 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 7.90 10.65 9.99 12.58 13.90

Reinet Investments SCA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 12.58 - 13.90 -

Competitive Comparison of Reinet Investments SCA's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Reinet Investments SCA'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.


Reinet Investments SCA's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Reinet Investments SCA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Reinet Investments SCA's Cyclically Adjusted PS Ratio falls into.



Reinet Investments SCA 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.

Reinet Investments SCA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.60/1.34
=15.37

* 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.

Reinet Investments SCA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Reinet Investments SCA's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.637/118.9100*118.9100
=-0.637

Current CPI (Mar23) = 118.9100.

Reinet Investments SCA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.480 99.740 0.572
201503 5.079 99.980 6.041
201603 0.904 100.030 1.075
201703 4.160 101.780 4.860
201803 -4.288 102.900 -4.955
201903 -0.796 105.140 -0.900
202003 -1.784 106.040 -2.001
202103 5.524 108.140 6.074
202203 3.277 114.780 3.395
202303 -0.637 118.910 -0.637

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.


Reinet Investments SCA  (FRA:RNT) 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.


Reinet Investments SCA Cyclically Adjusted PS Ratio Related Terms

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


Reinet Investments SCA (FRA:RNT) Business Description

Address
35, Boulevard Prince Henri, Luxembourg, LUX, L-1724
Reinet Investments SCA is a Luxembourg-based closed-end, specialized investment fund (SIF). Its primary investment objective is to achieve long-term capital growth. The company focuses on investing in a wide range of asset classes, including listed and unlisted equities, bonds, real estate, and derivative instruments. It adopts a strategy to work with experienced partners to invest in unique opportunities focusing on value creation for investors. The company's principal source of earnings is the returns in the form of income and capital gains from the investments made through Reinet Fund and its subsidiaries.

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