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Blackrock Virginia Municipal Bond Trust (Blackrock Virginia Municipal Bond Trust) Cyclically Adjusted PS Ratio : 14.68 (As of Jun. 10, 2024)


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What is Blackrock Virginia Municipal Bond Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Blackrock Virginia Municipal Bond Trust's current share price is $10.86. Blackrock Virginia Municipal Bond Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul23 was $0.74. Blackrock Virginia Municipal Bond Trust's Cyclically Adjusted PS Ratio for today is 14.68.

The historical rank and industry rank for Blackrock Virginia Municipal Bond Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

BHV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.58   Med: 14.69   Max: 21.54
Current: 14.66

During the past 13 years, Blackrock Virginia Municipal Bond Trust's highest Cyclically Adjusted PS Ratio was 21.54. The lowest was 10.58. And the median was 14.69.

BHV's Cyclically Adjusted PS Ratio is ranked worse than
80.37% of 876 companies
in the Asset Management industry
Industry Median: 7.75 vs BHV: 14.66

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.

Blackrock Virginia Municipal Bond Trust's adjusted revenue per share data of for the fiscal year that ended in Jul23 was $-0.421. 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 $0.74 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackrock Virginia Municipal Bond Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Blackrock Virginia Municipal Bond 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.

Blackrock Virginia Municipal Bond Trust Cyclically Adjusted PS Ratio Chart

Blackrock Virginia Municipal Bond Trust Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 14.72 17.76 18.88 14.56

Blackrock Virginia Municipal Bond Trust Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24
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 18.88 - - 14.56 -

Competitive Comparison of Blackrock Virginia Municipal Bond Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Blackrock Virginia Municipal Bond 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.


Blackrock Virginia Municipal Bond Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Virginia Municipal Bond Trust's Cyclically Adjusted PS Ratio falls into.



Blackrock Virginia Municipal Bond 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.

Blackrock Virginia Municipal Bond Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.86/0.74
=14.68

* 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.

Blackrock Virginia Municipal Bond Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Blackrock Virginia Municipal Bond Trust's adjusted Revenue per Share data for the fiscal year that ended in Jul23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=-0.421/128.9743*128.9743
=-0.421

Current CPI (Jul23) = 128.9743.

Blackrock Virginia Municipal Bond Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201308 -1.714 98.675 -2.240
201408 2.828 100.352 3.635
201508 0.838 100.548 1.075
201608 1.577 101.617 2.002
201708 0.026 103.587 0.032
201808 0.087 106.383 0.105
201908 1.425 108.245 1.698
202008 0.382 109.662 0.449
202108 0.956 115.421 1.068
202307 -0.421 128.974 -0.421

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.


Blackrock Virginia Municipal Bond Trust  (NYSE:BHV) 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.


Blackrock Virginia Municipal Bond Trust Cyclically Adjusted PS Ratio Related Terms

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


Blackrock Virginia Municipal Bond Trust (Blackrock Virginia Municipal Bond Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Virginia Municipal Bond Trust is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Virginia personal income taxes. The company invests on behalf of its clients from large institutions to parents and grandparents, teachers, nurses, doctors and people from all walks of life who entrust their savings to the company.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Virginia Municipal Bond Trust (Blackrock Virginia Municipal Bond Trust) Headlines