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North Americanome Trust (The) (LSE:NAIT) Cyclically Adjusted PS Ratio : 9.55 (As of May. 23, 2024)


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What is North Americanome Trust (The) Cyclically Adjusted PS Ratio?

As of today (2024-05-23), North Americanome Trust (The)'s current share price is £2.96. North Americanome Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan24 was £0.31. North Americanome Trust (The)'s Cyclically Adjusted PS Ratio for today is 9.55.

The historical rank and industry rank for North Americanome Trust (The)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:NAIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.88   Med: 12.32   Max: 25.28
Current: 9.51

During the past 13 years, North Americanome Trust (The)'s highest Cyclically Adjusted PS Ratio was 25.28. The lowest was 7.88. And the median was 12.32.

LSE:NAIT's Cyclically Adjusted PS Ratio is ranked worse than
57.79% of 867 companies
in the Asset Management industry
Industry Median: 7.66 vs LSE:NAIT: 9.51

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.

North Americanome Trust (The)'s adjusted revenue per share data of for the fiscal year that ended in Jan24 was £-0.041. 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 £0.31 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


North Americanome Trust (The) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for North Americanome Trust (The)'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.

North Americanome Trust (The) Cyclically Adjusted PS Ratio Chart

North Americanome Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.28 10.84 9.89 9.51 9.26

North Americanome Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 9.89 - 9.51 - 9.26

Competitive Comparison of North Americanome Trust (The)'s Cyclically Adjusted PS Ratio

For the Asset Management subindustry, North Americanome Trust (The)'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.


North Americanome Trust (The)'s Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North Americanome Trust (The)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where North Americanome Trust (The)'s Cyclically Adjusted PS Ratio falls into.



North Americanome Trust (The) 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.

North Americanome Trust (The)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.96/0.31
=9.55

* 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.

North Americanome Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan24 is calculated as:

For example, North Americanome Trust (The)'s adjusted Revenue per Share data for the fiscal year that ended in Jan24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan24 (Change)*Current CPI (Jan24)
=-0.041/130.0000*130.0000
=-0.041

Current CPI (Jan24) = 130.0000.

North Americanome Trust (The) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201501 0.315 99.200 0.413
201601 0.051 99.900 0.066
201701 0.850 101.800 1.085
201801 0.198 104.500 0.246
201901 0.150 106.400 0.183
202001 0.191 108.300 0.229
202101 -0.146 109.300 -0.174
202201 0.685 114.600 0.777
202301 0.323 124.800 0.336
202401 -0.041 130.000 -0.041

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.


North Americanome Trust (The)  (LSE:NAIT) 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.


North Americanome Trust (The) Cyclically Adjusted PS Ratio Related Terms

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North Americanome Trust (The) (LSE:NAIT) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
The North American Income Trust PLC is a closed-end investment company. The objective of the company is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominately of S&P 500 US equities.

North Americanome Trust (The) (LSE:NAIT) Headlines

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