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TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Cyclically Adjusted PS Ratio : 5.93 (As of Apr. 28, 2024)


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What is TriplePoint Venture Growth BDC Cyclically Adjusted PS Ratio?

As of today (2024-04-28), TriplePoint Venture Growth BDC's current share price is $9.55. TriplePoint Venture Growth BDC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.61. TriplePoint Venture Growth BDC's Cyclically Adjusted PS Ratio for today is 5.93.

The historical rank and industry rank for TriplePoint Venture Growth BDC's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPVG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.65   Med: 6.73   Max: 7.13
Current: 5.83

During the past years, TriplePoint Venture Growth BDC's highest Cyclically Adjusted PS Ratio was 7.13. The lowest was 5.65. And the median was 6.73.

TPVG's Cyclically Adjusted PS Ratio is ranked better than
57.99% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs TPVG: 5.83

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.

TriplePoint Venture Growth BDC's adjusted revenue per share data for the three months ended in Dec. 2023 was $-0.683. 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 $1.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TriplePoint Venture Growth BDC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TriplePoint Venture Growth BDC'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.

TriplePoint Venture Growth BDC Cyclically Adjusted PS Ratio Chart

TriplePoint Venture Growth BDC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.73

TriplePoint Venture Growth BDC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 6.73

Competitive Comparison of TriplePoint Venture Growth BDC's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, TriplePoint Venture Growth BDC'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.


TriplePoint Venture Growth BDC's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TriplePoint Venture Growth BDC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TriplePoint Venture Growth BDC's Cyclically Adjusted PS Ratio falls into.



TriplePoint Venture Growth BDC 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.

TriplePoint Venture Growth BDC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.55/1.61
=5.93

* 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.

TriplePoint Venture Growth BDC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, TriplePoint Venture Growth BDC'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)
=-0.683/129.4194*129.4194
=-0.683

Current CPI (Dec. 2023) = 129.4194.

TriplePoint Venture Growth BDC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 99.695 0.000
201406 0.442 100.560 0.569
201409 0.621 100.428 0.800
201412 0.000 99.070 0.000
201503 0.430 99.621 0.559
201506 0.531 100.684 0.683
201509 0.450 100.392 0.580
201512 0.110 99.792 0.143
201603 -0.328 100.470 -0.423
201606 0.115 101.688 0.146
201609 0.812 101.861 1.032
201612 0.537 101.863 0.682
201703 0.327 102.862 0.411
201706 0.598 103.349 0.749
201709 0.415 104.136 0.516
201712 0.331 104.011 0.412
201803 0.545 105.290 0.670
201806 0.577 106.317 0.702
201809 0.589 106.507 0.716
201812 0.461 105.998 0.563
201903 0.518 107.251 0.625
201906 1.033 108.070 1.237
201909 -0.274 108.329 -0.327
201912 0.343 108.420 0.409
202003 -0.097 108.902 -0.115
202006 0.770 108.767 0.916
202009 0.526 109.815 0.620
202012 0.253 109.897 0.298
202103 0.472 111.754 0.547
202106 0.485 114.631 0.548
202109 1.337 115.734 1.495
202112 0.528 117.630 0.581
202203 0.264 121.301 0.282
202206 -0.382 125.017 -0.395
202209 0.093 125.227 0.096
202212 -0.253 125.222 -0.261
202303 0.285 127.348 0.290
202306 -0.511 128.729 -0.514
202309 0.164 129.860 0.163
202312 -0.683 129.419 -0.683

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.


TriplePoint Venture Growth BDC  (NYSE:TPVG) 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.


TriplePoint Venture Growth BDC Cyclically Adjusted PS Ratio Related Terms

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


TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Business Description

Traded in Other Exchanges
Address
2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the US.
Executives
Cynthia M. Fornelli director 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Katherine J Park director 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christopher M. Mathieu officer: Chief Financial Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Stephen Cassani director 700 EMERSON STREET, PALO ALTO CA 94301
Gilbert Ahye director 200 VESEY ST, NEW YORK NY 10285
Christopher Gastelu officer: See Remarks 920 WOODLAND AVENUE, ORADELL NJ 07649
James Labe director, officer: Chief Executive Officer 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Sajal Srivastava director, officer: See Remarks 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Steven Bird director 525 UNIVERSITY AVE, SUITE 225, PALO ALTO CA 94301
Andrew Olson officer: Chief Financial Officer C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Harold F Zagunis officer: Chief Financial Officer ONE BELVEDERE, SUITE 300, MILL VALLEY CA 94941
Boathouse Row Ii L P 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRAN CA 94111
Philadelphia Financial Management Of San Francisco, Llc 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111
Boathouse Row I, L.p. 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111

TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Headlines

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