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JPMorgan European Growth &ome (LSE:JEGI) Cyclically Adjusted PS Ratio : 4.77 (As of Apr. 27, 2024)


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What is JPMorgan European Growth &ome Cyclically Adjusted PS Ratio?

As of today (2024-04-27), JPMorgan European Growth &ome's current share price is £1.05. JPMorgan European Growth &ome's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was £0.22. JPMorgan European Growth &ome's Cyclically Adjusted PS Ratio for today is 4.77.

The historical rank and industry rank for JPMorgan European Growth &ome's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:JEGI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.07   Med: 11.21   Max: 23.79
Current: 4.68

During the past 13 years, JPMorgan European Growth &ome's highest Cyclically Adjusted PS Ratio was 23.79. The lowest was 3.07. And the median was 11.21.

LSE:JEGI's Cyclically Adjusted PS Ratio is ranked better than
64.04% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs LSE:JEGI: 4.68

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.

JPMorgan European Growth &ome's adjusted revenue per share data of for the fiscal year that ended in Mar23 was £0.097. 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 £0.22 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan European Growth &ome Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JPMorgan European Growth &ome'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.

JPMorgan European Growth &ome Cyclically Adjusted PS Ratio Chart

JPMorgan European Growth &ome 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 9.24 15.70 18.31 3.76 4.29

JPMorgan European Growth &ome 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 - 3.76 - 4.29 -

Competitive Comparison of JPMorgan European Growth &ome's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, JPMorgan European Growth &ome'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.


JPMorgan European Growth &ome's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan European Growth &ome's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan European Growth &ome's Cyclically Adjusted PS Ratio falls into.



JPMorgan European Growth &ome 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.

JPMorgan European Growth &ome's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.05/0.22
=4.77

* 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.

JPMorgan European Growth &ome's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, JPMorgan European Growth &ome'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)
=0.097/126.8000*126.8000
=0.097

Current CPI (Mar23) = 126.8000.

JPMorgan European Growth &ome Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.419 99.300 0.535
201503 0.177 99.600 0.225
201603 -0.020 100.400 -0.025
201703 0.527 102.700 0.651
201803 0.172 105.100 0.208
201903 -0.011 107.000 -0.013
202003 -0.379 108.600 -0.443
202103 0.750 109.700 0.867
202203 0.083 116.500 0.090
202303 0.097 126.800 0.097

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.


JPMorgan European Growth &ome  (LSE:JEGI) 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.


JPMorgan European Growth &ome Cyclically Adjusted PS Ratio Related Terms

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JPMorgan European Growth &ome (LSE:JEGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan European Investment Trust PLC is an investment trust company based in the United Kingdom. The company invests across two categories of investments, which are growth and income. Its investment objective of the growth portfolio is to provide capital growth and a rising share price over the longer term from Continental European investments. The company invests in a diversified portfolio of investments in the stock markets of Continental Europe. Its investment objective of the income portfolio is to provide a growing income together with the potential for long term capital growth by investing in a portfolio of investments that are diversified amongst countries, sectors and market capitalization.

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