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ProVen Growth &ome VCT (LSE:PGOO) Cyclically Adjusted PS Ratio : 12.29 (As of Jun. 08, 2024)


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What is ProVen Growth &ome VCT Cyclically Adjusted PS Ratio?

As of today (2024-06-08), ProVen Growth &ome VCT's current share price is £0.4915. ProVen Growth &ome VCT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb23 was £0.04. ProVen Growth &ome VCT's Cyclically Adjusted PS Ratio for today is 12.29.

The historical rank and industry rank for ProVen Growth &ome VCT's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:PGOO's Cyclically Adjusted PS Ratio is not ranked *
in the Asset Management industry.
Industry Median: 7.66
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

ProVen Growth &ome VCT's adjusted revenue per share data of for the fiscal year that ended in Feb23 was £-0.080. 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 £0.04 for the trailing ten years ended in Feb23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ProVen Growth &ome VCT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ProVen Growth &ome VCT'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.

ProVen Growth &ome VCT Cyclically Adjusted PS Ratio Chart

ProVen Growth &ome VCT Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.47 5.82 5.48 10.42 12.49

ProVen Growth &ome VCT Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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 5.48 - 10.42 - 12.49

Competitive Comparison of ProVen Growth &ome VCT's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, ProVen Growth &ome VCT'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.


ProVen Growth &ome VCT's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ProVen Growth &ome VCT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ProVen Growth &ome VCT's Cyclically Adjusted PS Ratio falls into.



ProVen Growth &ome VCT 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.

ProVen Growth &ome VCT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4915/0.04
=12.29

* 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.

ProVen Growth &ome VCT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb23 is calculated as:

For example, ProVen Growth &ome VCT's adjusted Revenue per Share data for the fiscal year that ended in Feb23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb23 (Change)*Current CPI (Feb23)
=-0.08/126.0000*126.0000
=-0.080

Current CPI (Feb23) = 126.0000.

ProVen Growth &ome VCT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201402 0.085 99.100 0.108
201502 0.055 99.500 0.070
201602 -0.003 100.100 -0.004
201702 0.093 102.400 0.114
201802 0.041 104.900 0.049
201902 0.031 106.800 0.037
202002 -0.062 108.600 -0.072
202102 0.073 109.400 0.084
202202 0.097 115.400 0.106
202302 -0.080 126.000 -0.080

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.


ProVen Growth &ome VCT  (LSE:PGOO) 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.


ProVen Growth &ome VCT Cyclically Adjusted PS Ratio Related Terms

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ProVen Growth &ome VCT (LSE:PGOO) Business Description

Traded in Other Exchanges
N/A
Address
39 Earlham Street, London, GBR, WC2H 9LT
ProVen Growth & Income VCT PLC operates as a venture capital trust (VCT). The company's investment objective is to achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments, within the conditions imposed on all VCTs and to minimise the risk of each investment and the portfolio as a whole. Its portfolio of investments includes some sectors such as Technology, Healthcare and Business Services.

ProVen Growth &ome VCT (LSE:PGOO) Headlines

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