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Pacific Assets Trust (LSE:PAC) Cyclically Adjusted PS Ratio : 11.09 (As of Nov. 13, 2024)


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What is Pacific Assets Trust Cyclically Adjusted PS Ratio?

As of today (2024-11-13), Pacific Assets Trust's current share price is £3.66. Pacific Assets Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan24 was £0.33. Pacific Assets Trust's Cyclically Adjusted PS Ratio for today is 11.09.

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

LSE:PAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.55   Med: 11.78   Max: 18.43
Current: 11.09

During the past 13 years, Pacific Assets Trust's highest Cyclically Adjusted PS Ratio was 18.43. The lowest was 9.55. And the median was 11.78.

LSE:PAC's Cyclically Adjusted PS Ratio is ranked worse than
66.36% of 865 companies
in the Asset Management industry
Industry Median: 8.26 vs LSE:PAC: 11.09

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.

Pacific Assets Trust's adjusted revenue per share data of for the fiscal year that ended in Jan24 was £0.010. 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 £0.33 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Assets Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pacific Assets 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.

Pacific Assets Trust Cyclically Adjusted PS Ratio Chart

Pacific Assets Trust 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 12.04 12.88 10.92 11.05 10.43

Pacific Assets Trust Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 - 11.05 - 10.43 -

Competitive Comparison of Pacific Assets Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Pacific Assets 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.


Pacific Assets Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Pacific Assets Trust's Cyclically Adjusted PS Ratio falls into.



Pacific Assets 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.

Pacific Assets Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.66/0.33
=11.09

* 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.

Pacific Assets Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan24 is calculated as:

For example, Pacific Assets Trust'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)
=0.01/130.0000*130.0000
=0.010

Current CPI (Jan24) = 130.0000.

Pacific Assets Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201501 0.509 99.200 0.667
201601 -0.125 99.900 -0.163
201701 0.522 101.800 0.667
201801 0.308 104.500 0.383
201901 0.137 106.400 0.167
202001 0.135 108.300 0.162
202101 0.652 109.300 0.775
202201 0.363 114.600 0.412
202301 0.255 124.800 0.266
202401 0.010 130.000 0.010

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.


Pacific Assets Trust  (LSE:PAC) 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.


Pacific Assets Trust Cyclically Adjusted PS Ratio Related Terms

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


Pacific Assets Trust Business Description

Traded in Other Exchanges
Address
16 Charlotte Square, Edinburgh, GBR, EH2 4DF
Pacific Assets Trust PLC is a UK-based investment trust. It aims to achieve long-term capital growth through investment in selected companies in the Asia-Pacific region and the Indian sub-continent excluding Japan, Australia, and New Zealand.