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Alpha Group International (LSE:ALPH) Cyclically Adjusted PS Ratio : 20.25 (As of May. 24, 2024)


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What is Alpha Group International Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Alpha Group International's current share price is £23.90. Alpha Group International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £1.18. Alpha Group International's Cyclically Adjusted PS Ratio for today is 20.25.

The historical rank and industry rank for Alpha Group International's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:ALPH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.54   Med: 14.83   Max: 19.24
Current: 19.04

During the past 10 years, Alpha Group International's highest Cyclically Adjusted PS Ratio was 19.24. The lowest was 12.54. And the median was 14.83.

LSE:ALPH's Cyclically Adjusted PS Ratio is ranked worse than
90.76% of 563 companies
in the Capital Markets industry
Industry Median: 3.24 vs LSE:ALPH: 19.04

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.

Alpha Group International's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £2.529. 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 £1.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha Group International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alpha Group International'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.

Alpha Group International Cyclically Adjusted PS Ratio Chart

Alpha Group International 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 - - - - 14.81

Alpha Group International Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - 14.81

Competitive Comparison of Alpha Group International's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Alpha Group International'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.


Alpha Group International's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alpha Group International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Group International's Cyclically Adjusted PS Ratio falls into.



Alpha Group International 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.

Alpha Group International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.90/1.18
=20.25

* 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.

Alpha Group International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Alpha Group International's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.529/130.5000*130.5000
=2.529

Current CPI (Dec23) = 130.5000.

Alpha Group International Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.177 99.900 0.231
201512 0.245 100.400 0.318
201612 0.386 102.200 0.493
201712 0.429 105.000 0.533
201812 0.676 107.100 0.824
201912 0.929 108.500 1.117
202012 1.132 109.400 1.350
202112 1.814 114.700 2.064
202212 2.265 125.300 2.359
202312 2.529 130.500 2.529

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.


Alpha Group International  (LSE:ALPH) 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.


Alpha Group International Cyclically Adjusted PS Ratio Related Terms

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


Alpha Group International (LSE:ALPH) Business Description

Traded in Other Exchanges
Address
2 Canalside Walk, Brunel Building, London, GBR, W2 1DG
Alpha Group International plc is a high-tech, high-touch provider of enhanced financial solutions dedicated to corporates and institutions operating internationally. The operating segments are Corporate London, Institutional, Corporate Toronto, Corporate Amsterdam and Alpha Pay It blends intelligent human capabilities with new technologies to solve complex problems across three key areas: FX risk management, global accounts and mass payments. Majority of its revenue comes from Corporate London segment.

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