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Clough Global Dividend andome Fund (Clough Global Dividend andome Fund) Cyclically Adjusted PS Ratio : 11.71 (As of May. 19, 2024)


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What is Clough Global Dividend andome Fund Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Clough Global Dividend andome Fund's current share price is $5.62. Clough Global Dividend andome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 was $0.48. Clough Global Dividend andome Fund's Cyclically Adjusted PS Ratio for today is 11.71.

The historical rank and industry rank for Clough Global Dividend andome Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

GLV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.8   Med: 10.43   Max: 12.64
Current: 11.79

During the past 13 years, Clough Global Dividend andome Fund's highest Cyclically Adjusted PS Ratio was 12.64. The lowest was 5.80. And the median was 10.43.

GLV's Cyclically Adjusted PS Ratio is ranked worse than
71.58% of 876 companies
in the Asset Management industry
Industry Median: 7.425 vs GLV: 11.79

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.

Clough Global Dividend andome Fund's adjusted revenue per share data of for the fiscal year that ended in Oct23 was $-0.612. 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 $0.48 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clough Global Dividend andome Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Clough Global Dividend andome 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.

Clough Global Dividend andome Fund Cyclically Adjusted PS Ratio Chart

Clough Global Dividend andome Fund Annual Data
Trend Mar14 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 - 8.95 12.46 8.28 10.28

Clough Global Dividend andome Fund Semi-Annual Data
Mar14 Sep14 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 12.46 - 8.28 - 10.28

Competitive Comparison of Clough Global Dividend andome Fund's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Clough Global Dividend andome 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.


Clough Global Dividend andome Fund's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Clough Global Dividend andome Fund's Cyclically Adjusted PS Ratio falls into.



Clough Global Dividend andome 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.

Clough Global Dividend andome Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.62/0.48
=11.71

* 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.

Clough Global Dividend andome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Clough Global Dividend andome 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)
=-0.612/129.8097*129.8097
=-0.612

Current CPI (Oct23) = 129.8097.

Clough Global Dividend andome Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.831 99.695 2.384
201510 0.433 100.346 0.560
201610 -0.290 101.988 -0.369
201710 2.327 104.070 2.903
201810 -0.802 106.695 -0.976
201910 1.291 108.577 1.543
202010 -0.660 109.861 -0.780
202110 2.437 116.696 2.711
202210 -2.515 125.734 -2.597
202310 -0.612 129.810 -0.612

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.


Clough Global Dividend andome Fund  (AMEX:GLV) 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.


Clough Global Dividend andome Fund Cyclically Adjusted PS Ratio Related Terms

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


Clough Global Dividend andome Fund (Clough Global Dividend andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Clough Global Dividend and Income Fund is a closed-ended investment management company. The fund's investment objective is to provide a high level of total return. It invests in equity and debt securities in both U.S. and non-U.S. markets of companies of any market capitalization.
Executives
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Adviser 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Adam D Crescenzi director 100 WALDEN STREET, CONCORD MA 01742
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Kevin Joseph Mcnally officer: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge director 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906