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Temple Bar Investment Trust (LSE:TMPL) Cyclically Adjusted PS Ratio : 24.05 (As of Jun. 11, 2024)


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What is Temple Bar Investment Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Temple Bar Investment Trust's current share price is £2.645. Temple Bar Investment Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.11. Temple Bar Investment Trust's Cyclically Adjusted PS Ratio for today is 24.05.

The historical rank and industry rank for Temple Bar Investment Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:TMPL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.64   Med: 12.24   Max: 25.07
Current: 25.07

During the past 13 years, Temple Bar Investment Trust's highest Cyclically Adjusted PS Ratio was 25.07. The lowest was 5.64. And the median was 12.24.

LSE:TMPL's Cyclically Adjusted PS Ratio is ranked worse than
92.92% of 876 companies
in the Asset Management industry
Industry Median: 7.75 vs LSE:TMPL: 25.07

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.

Temple Bar Investment Trust's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.296. 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 £0.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Temple Bar Investment Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Temple Bar Investment Trust'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.

Temple Bar Investment Trust Cyclically Adjusted PS Ratio Chart

Temple Bar Investment Trust 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 12.63 15.53 12.54 14.83 22.35

Temple Bar Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only 12.54 - 14.83 - 22.35

Competitive Comparison of Temple Bar Investment Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Temple Bar Investment Trust'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.


Temple Bar Investment Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Temple Bar Investment Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Temple Bar Investment Trust's Cyclically Adjusted PS Ratio falls into.



Temple Bar Investment Trust 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.

Temple Bar Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.645/0.11
=24.05

* 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.

Temple Bar Investment Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Temple Bar Investment Trust'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)
=0.296/130.5000*130.5000
=0.296

Current CPI (Dec23) = 130.5000.

Temple Bar Investment Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 -0.029 99.900 -0.038
201512 -0.031 100.400 -0.040
201612 0.457 102.200 0.584
201712 0.257 105.000 0.319
201812 -0.307 107.100 -0.374
201912 0.658 108.500 0.791
202012 -0.814 109.400 -0.971
202112 0.476 114.700 0.542
202212 -0.042 125.300 -0.044
202312 0.296 130.500 0.296

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.


Temple Bar Investment Trust  (LSE:TMPL) 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.


Temple Bar Investment Trust Cyclically Adjusted PS Ratio Related Terms

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


Temple Bar Investment Trust (LSE:TMPL) Business Description

Traded in Other Exchanges
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Temple Bar Investment Trust PLC is an investment trust with the investment objective to provide growth in income and capital to achieve a long-term total return greater than the benchmark FTSE All-Share Index through investment primarily in UK securities. The company's policy is to invest in a broad spread of securities with typically the majority of the portfolio selected from the constituents of the FTSE 350 Index. The company's business activity of investment management is sub-contracted to Investec Fund Managers Ltd, the Alternative Investment Fund Manager of the company. Investec Fund Managers Ltd delegates the management of the company's portfolio to Investec Asset Management Ltd.

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