Allspringome Opportunities Fund (Allspringome Opportunities Fund) Cyclically Adjusted PS Ratio : 12.62 (As of Jun. 04, 2024)

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What is Allspringome Opportunities Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Allspringome Opportunities Fund's current share price is $6.56. Allspringome Opportunities Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr23 was $0.52. Allspringome Opportunities Fund's Cyclically Adjusted PS Ratio for today is 12.62.

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

EAD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.78 Med: 11.04 Max: 13
Current: 12.59

During the past 13 years, Allspringome Opportunities Fund's highest Cyclically Adjusted PS Ratio was 13.00. The lowest was 4.78. And the median was 11.04.

EAD's Cyclically Adjusted PS Ratio is ranked worse than
74.34% of 869 companies
in the Asset Management industry
Industry Median: 7.64 vs EAD: 12.59

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.

Allspringome Opportunities Fund's adjusted revenue per share data of for the fiscal year that ended in Apr23 was $-0.158. 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 $0.52 for the trailing ten years ended in Apr23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Allspringome Opportunities Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allspringome Opportunities 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.

Allspringome Opportunities Fund Cyclically Adjusted PS Ratio Chart

Allspringome Opportunities Fund Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cyclically Adjusted PS Ratio

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7.10

10.28

11.57

10.99

12.26

Allspringome Opportunities 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															-	10.99	-	12.26	-

Competitive Comparison of Allspringome Opportunities Fund's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Allspringome Opportunities 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.

Allspringome Opportunities Fund's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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

Allspringome Opportunities 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.

Allspringome Opportunities Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	6.56	/	0.52
	=	12.62

Allspringome Opportunities Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr23 is calculated as:

For example, Allspringome Opportunities Fund's adjusted Revenue per Share data for the fiscal year that ended in Apr23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Apr23 (Change)	*	Current CPI (Apr23)
	=	-0.158	/	127.9921	*	127.9921
	=	-0.158

Current CPI (Apr23) = 127.9921.

Allspringome Opportunities Fund Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201404	0.666	100.023	0.852
201504	0.513	99.824	0.658
201604	-0.378	100.947	-0.479
201704	1.547	103.167	1.919
201804	0.373	105.708	0.452
201904	0.592	107.818	0.703
202004	-0.717	108.173	-0.848
202104	2.292	112.673	2.604
202204	-0.476	121.978	-0.499
202304	-0.158	127.992	-0.158

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.

Allspringome Opportunities Fund (AMEX:EAD) 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.

Allspringome Opportunities Fund Cyclically Adjusted PS Ratio Related Terms

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

Allspringome Opportunities Fund (Allspringome Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allspring Income Opportunities Fund (AMEX:EAD) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1415 Vantage Park Drive, 3rd Floor, San Francisco, CA, USA, 28203

Website

https://www.allspringglobal.com

Allspring Income Opportunities Fund is a diversified closed-end management investment company. Its products and services are mutual funds, closed-end funds, managed accounts services and variable trust funds. The fund's objective is a high level of current income and capital appreciation. Its portfolio of investments includes oil gas and consumable fuels, Chemicals, distributors, diversified consumer services, hotels, restaurants and leisure, household durables, media, specialty retail, pharmaceuticals, airlines, construction, and engineering.

Executives

Jennifer Lea Grunberg	officer: Chief Compliance Officer	350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch	officer: Chief Compliance Officer	100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman	director	ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse	officer: Secretary	WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee	other: Portfolio Manager	WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Michael Joseph Schueller	other: Portfolio Manager	100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Daniel J. Mavico	officer: Chief Compliance Officer	401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf	other: Share Repurchase Committee Mem	WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Michelle H. Rhee	officer: Secretary, WFFM	WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, FLOOR 21, BOSTON MA 02116
Alexander Kymn	officer: Chief Legal Officer	WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Pamela Wheelock	director	1843 HIGHLAND PARKWAY, SAINT PAUL MN 55116
James Polisson	director	123 MCALLISTER AVENUE, KENTFIELD CA 94904