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Alaris Equity Partnersome Trust (Alaris Equity Partnersome Trust) Cyclically Adjusted PS Ratio : 4.73 (As of Jun. 08, 2024)


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What is Alaris Equity Partnersome Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Alaris Equity Partnersome Trust's current share price is $11.50. Alaris Equity Partnersome Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.43. Alaris Equity Partnersome Trust's Cyclically Adjusted PS Ratio for today is 4.73.

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

ADLRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.11   Med: 6.77   Max: 10.02
Current: 4.61

During the past years, Alaris Equity Partnersome Trust's highest Cyclically Adjusted PS Ratio was 10.02. The lowest was 3.11. And the median was 6.77.

ADLRF's Cyclically Adjusted PS Ratio is ranked better than
65.14% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs ADLRF: 4.61

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.

Alaris Equity Partnersome Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.447. 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 $2.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alaris Equity Partnersome Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alaris Equity Partnersome 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.

Alaris Equity Partnersome Trust Cyclically Adjusted PS Ratio Chart

Alaris Equity Partnersome 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 9.40 6.23 6.93 5.07 4.81

Alaris Equity Partnersome Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.14 4.57 4.08 4.81 5.01

Competitive Comparison of Alaris Equity Partnersome Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Alaris Equity Partnersome 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.


Alaris Equity Partnersome Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Alaris Equity Partnersome Trust's Cyclically Adjusted PS Ratio falls into.



Alaris Equity Partnersome 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.

Alaris Equity Partnersome Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.50/2.43
=4.73

* 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.

Alaris Equity Partnersome Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alaris Equity Partnersome Trust's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.447/126.2576*126.2576
=0.447

Current CPI (Mar. 2024) = 126.2576.

Alaris Equity Partnersome Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.509 99.473 0.646
201409 0.502 99.394 0.638
201412 0.507 98.367 0.651
201503 0.459 99.789 0.581
201506 0.437 100.500 0.549
201509 0.484 100.421 0.609
201512 0.464 99.947 0.586
201603 0.507 101.054 0.633
201606 0.525 102.002 0.650
201609 0.484 101.765 0.600
201612 0.559 101.449 0.696
201703 0.424 102.634 0.522
201706 0.466 103.029 0.571
201709 0.527 103.345 0.644
201712 0.459 103.345 0.561
201803 0.497 105.004 0.598
201806 0.589 105.557 0.705
201809 0.473 105.636 0.565
201812 0.512 105.399 0.613
201903 0.559 106.979 0.660
201906 0.541 107.690 0.634
201909 0.803 107.611 0.942
201912 0.686 107.769 0.804
202003 0.880 107.927 1.029
202006 0.418 108.401 0.487
202009 0.442 108.164 0.516
202012 -0.144 108.559 -0.167
202103 0.557 110.298 0.638
202106 0.562 111.720 0.635
202109 0.511 112.905 0.571
202112 0.907 113.774 1.007
202203 0.624 117.646 0.670
202206 1.077 120.806 1.126
202209 0.740 120.648 0.774
202212 1.071 120.964 1.118
202303 0.785 122.702 0.808
202306 0.564 124.203 0.573
202309 0.707 125.230 0.713
202312 0.646 125.072 0.652
202403 0.447 126.258 0.447

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.


Alaris Equity Partnersome Trust  (OTCPK:ADLRF) 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.


Alaris Equity Partnersome Trust Cyclically Adjusted PS Ratio Related Terms

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


Alaris Equity Partnersome Trust (Alaris Equity Partnersome Trust) Business Description

Traded in Other Exchanges
Address
250, 333 - 24th Avenue South West, Calgary, AB, CAN, T2S 3E6
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

Alaris Equity Partnersome Trust (Alaris Equity Partnersome Trust) Headlines

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