GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 1834 Investments Ltd (XJAM:1834) » Definitions » Cyclically Adjusted PS Ratio

1834 Investments (XJAM:1834) Cyclically Adjusted PS Ratio : 1.92 (As of Jun. 12, 2024)


View and export this data going back to 1969. Start your Free Trial

What is 1834 Investments Cyclically Adjusted PS Ratio?

As of today (2024-06-12), 1834 Investments's current share price is JMD1.21. 1834 Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 was JMD0.63. 1834 Investments's Cyclically Adjusted PS Ratio for today is 1.92.

The historical rank and industry rank for 1834 Investments's Cyclically Adjusted PS Ratio or its related term are showing as below:

XJAM:1834's Cyclically Adjusted PS Ratio is not ranked *
in the Asset Management industry.
Industry Median: 7.79
* 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.

1834 Investments's adjusted revenue per share data for the three months ended in Sep. 2022 was JMD0.005. 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 JMD0.63 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


1834 Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for 1834 Investments'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.

1834 Investments Cyclically Adjusted PS Ratio Chart

1834 Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

1834 Investments Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - 1.91

Competitive Comparison of 1834 Investments's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, 1834 Investments'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.


1834 Investments's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 1834 Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 1834 Investments's Cyclically Adjusted PS Ratio falls into.



1834 Investments 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.

1834 Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.21/0.63
=1.92

* 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.

1834 Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, 1834 Investments's adjusted Revenue per Share data for the three months ended in Sep. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.005/125.2265*125.2265
=0.005

Current CPI (Sep. 2022) = 125.2265.

1834 Investments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
201306 0.658 98.518 0.836
201309 0.672 98.790 0.852
201312 0.787 98.326 1.002
201403 0.668 99.695 0.839
201406 0.729 100.560 0.908
201409 0.706 100.428 0.880
201412 -1.952 99.070 -2.467
201503 0.625 99.621 0.786
201506 0.705 100.684 0.877
201509 0.642 100.392 0.801
201606 0.013 101.688 0.016
201609 0.011 101.861 0.014
201612 0.009 101.863 0.011
201703 0.108 102.862 0.131
201706 0.009 103.349 0.011
201709 0.009 104.136 0.011
201712 0.010 104.011 0.012
201803 0.074 105.290 0.088
201806 0.007 106.317 0.008
201809 0.006 106.507 0.007
201812 0.006 105.998 0.007
201903 0.006 107.251 0.007
201906 0.005 108.070 0.006
201909 0.006 108.329 0.007
201912 0.004 108.420 0.005
202003 0.006 108.902 0.007
202006 0.004 108.767 0.005
202009 0.004 109.815 0.005
202012 0.004 109.897 0.005
202103 0.006 111.754 0.007
202106 0.006 114.631 0.007
202109 0.005 115.734 0.005
202112 0.006 117.630 0.006
202203 0.004 121.301 0.004
202206 0.005 125.017 0.005
202209 0.005 125.227 0.005

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.


1834 Investments  (XJAM:1834) 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.


1834 Investments Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of 1834 Investments's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


1834 Investments (XJAM:1834) Business Description

Traded in Other Exchanges
N/A
Address
7 North Street, P.O. Box 40, Kingston, JAM
1834 Investments Ltd is a Jamaica-based investment management company. The company's main activity is the management of its income-generating real estate, bond, and equity investments. Also, its activities include the management of its joint venture and subsidiary companies. Its equity portfolio comprises a diversified mix of the stocks of local and overseas companies in North America, the United Kingdom, Europe, and Asia.

1834 Investments (XJAM:1834) Headlines

No Headlines