GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » HAL Trust (OTCPK:HALFF) » Definitions » Cyclically Adjusted PS Ratio

HAL Trust (HAL Trust) Cyclically Adjusted PS Ratio : 1.11 (As of Jun. 01, 2024)


View and export this data going back to 2008. Start your Free Trial

What is HAL Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-01), HAL Trust's current share price is $124.50. HAL Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $112.34. HAL Trust's Cyclically Adjusted PS Ratio for today is 1.11.

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

HALFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.75   Max: 2.54
Current: 1.16

During the past 13 years, HAL Trust's highest Cyclically Adjusted PS Ratio was 2.54. The lowest was 1.12. And the median was 1.75.

HALFF's Cyclically Adjusted PS Ratio is ranked better than
86.6% of 873 companies
in the Asset Management industry
Industry Median: 7.6 vs HALFF: 1.16

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.

HAL Trust's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $153.726. 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 $112.34 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


HAL Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HAL 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.

HAL Trust Cyclically Adjusted PS Ratio Chart

HAL 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 1.74 1.44 1.66 1.25 1.13

HAL 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 1.66 - 1.25 - 1.13

Competitive Comparison of HAL Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, HAL 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.


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

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

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



HAL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=124.50/112.34
=1.11

* 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.

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

For example, HAL 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)
=153.726/129.4194*129.4194
=153.726

Current CPI (Dec23) = 129.4194.

HAL Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 102.932 99.070 134.465
201512 97.922 99.792 126.994
201612 95.321 101.863 121.108
201712 106.514 104.011 132.534
201812 59.095 105.998 72.153
201912 64.379 108.420 76.848
202012 72.617 109.897 85.517
202112 94.811 117.630 104.314
202212 120.941 125.222 124.995
202312 153.726 129.419 153.726

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.


HAL Trust  (OTCPK:HALFF) 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.


HAL Trust Cyclically Adjusted PS Ratio Related Terms

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


HAL Trust (HAL Trust) Business Description

Traded in Other Exchanges
Address
Johan van Walbeeckplein 11A, Willemstad, CUW
HAL Trust is the sole shareholder of HAL Holding N.V., an investment portfolio company with holdings primarily located in the Netherlands. The company seeks to build value through activist participation in its acquisitions and commits capital without a predetermined investment horizon. It operates through unquoted; quoted minority interests; real estate; and liquid portfolio segments. The unquoted and quoted minority interest segments are the top two contributing segments to the trust's revenue. Over half of the trust's revenue is generated on the European continent.

HAL Trust (HAL Trust) Headlines

No Headlines