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Logan Ridge Finance (Logan Ridge Finance) Cyclically Adjusted PS Ratio : (As of Jun. 01, 2024)


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What is Logan Ridge Finance Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Logan Ridge Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Logan Ridge Finance'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.

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Logan Ridge Finance Cyclically Adjusted PS Ratio Chart

Logan Ridge Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Logan Ridge Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Logan Ridge Finance's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Logan Ridge Finance'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.


Logan Ridge Finance's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Logan Ridge Finance's Cyclically Adjusted PS Ratio falls into.



Logan Ridge Finance 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.

Logan Ridge Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Logan Ridge Finance'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)
=0.959/131.7762*131.7762
=0.959

Current CPI (Mar. 2024) = 131.7762.

Logan Ridge Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.247 100.560 4.255
201409 0.523 100.428 0.686
201412 -4.511 99.070 -6.000
201503 5.025 99.621 6.647
201506 2.298 100.684 3.008
201509 3.333 100.392 4.375
201512 -3.448 99.792 -4.553
201603 -1.375 100.470 -1.803
201606 2.816 101.688 3.649
201609 -0.544 101.861 -0.704
201612 3.375 101.863 4.366
201703 1.901 102.862 2.435
201706 -0.702 103.349 -0.895
201709 -0.827 104.136 -1.047
201712 -0.385 104.011 -0.488
201803 0.532 105.290 0.666
201806 1.433 106.317 1.776
201809 -4.012 106.507 -4.964
201812 -3.207 105.998 -3.987
201903 0.287 107.251 0.353
201906 -10.284 108.070 -12.540
201909 1.050 108.329 1.277
201912 0.516 108.420 0.627
202003 -15.145 108.902 -18.326
202006 1.533 108.767 1.857
202009 1.536 109.815 1.843
202012 0.675 109.897 0.809
202103 4.175 111.754 4.923
202106 -2.113 114.631 -2.429
202109 -0.742 115.734 -0.845
202112 -0.682 117.630 -0.764
202203 0.116 121.301 0.126
202206 -1.441 125.017 -1.519
202209 -0.693 125.227 -0.729
202212 -0.789 125.222 -0.830
202303 0.197 127.348 0.204
202306 1.345 128.729 1.377
202309 -0.348 129.860 -0.353
202312 -0.785 129.419 -0.799
202403 0.959 131.776 0.959

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.


Logan Ridge Finance  (NAS:LRFC) 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.


Logan Ridge Finance Cyclically Adjusted PS Ratio Related Terms

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Logan Ridge Finance (Logan Ridge Finance) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Logan Ridge Finance Corp an externally managed non-diversified closed-end management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
Executives
Jennifer Kwon Chou director C/O THE GORES GROUP, 9800 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
Patrick Schafer officer: Chief Investment Officer 650 MADISON AVENUE, NEW YORK NY 10022
Brandon Satoren officer: See Remarks 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Edward J. Goldthorpe director, officer: CEO and President 650 MADISON AVENUE, NEW YORK NY 10022
Jason T Roos officer: CFO, Treasurer and Secretary 23 SPRINGHURST ROAD, BEDFORD HILLS NY 10507
David Held officer: Chief Compliance Officer 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
George Grunebaum director C/O ASHMORE INVESTMENT MANAGEMENT LTD., 61 ALDWYCH, LONDON X0 WC2B 4AE
Alexander Duka director 650 MADISON AVENUE, NEW YORK NY 10022
Robert Herman Warshauer director 8 GOLDEN POND ROAD, WEST HARRISON NY 10604
Larry W. Carroll director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Alala Joseph B Iii director, officer: See Remarks C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Richard Wheelahan officer: Chief Compliance Officer C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Kevin A. Koonts officer: Chief Accounting Officer 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Stephen A. Arnall officer: Chief Financial Officer C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Markham Hunt Broyhill director 800 HICKORY BLVD. SW, LENOIR NC 28645

Logan Ridge Finance (Logan Ridge Finance) Headlines

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