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Adams (LSE:ADA) Cyclically Adjusted PS Ratio : (As of Jun. 02, 2024)


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What is Adams Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Adams Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adams'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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Adams Cyclically Adjusted PS Ratio Chart

Adams Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.89 10.92 11.33

Adams Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 10.92 - 11.33 -

Competitive Comparison of Adams's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Adams'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.


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

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

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



Adams 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.

Adams's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Adams's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.015/127.3478*127.3478
=-0.015

Current CPI (Mar23) = 127.3478.

Adams Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 99.695 0.000
201503 0.004 99.621 0.005
201603 0.000 100.470 0.000
201703 0.005 102.862 0.006
201803 0.005 105.290 0.006
201903 0.005 107.251 0.006
202003 -0.002 108.902 -0.002
202103 0.039 111.754 0.044
202203 -0.011 121.301 -0.012
202303 -0.015 127.348 -0.015

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.


Adams  (LSE:ADA) 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.


Adams Cyclically Adjusted PS Ratio Related Terms

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Adams (LSE:ADA) Business Description

Traded in Other Exchanges
N/A
Address
55 Athol Street, Douglas, IMN, IM1 1LA
Adams PLC is an investment holding and management company. It is primarily focused on investments in the technology and life sciences sectors mainly in the United Kingdom or Europe. The company operates through the Investment Return segment. The company intends to target opportunities in undervalued or pre-commercialisation technologies. It may invest by way of purchasing quoted shares in appropriate companies, outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, or by entering into partnerships or joint venture arrangements.

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