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JPMorgan Global Growth &ome (LSE:JGGI) Cyclically Adjusted PS Ratio : 12.74 (As of Jun. 08, 2024)


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What is JPMorgan Global Growth &ome Cyclically Adjusted PS Ratio?

As of today (2024-06-08), JPMorgan Global Growth &ome's current share price is £5.48. JPMorgan Global Growth &ome's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was £0.43. JPMorgan Global Growth &ome's Cyclically Adjusted PS Ratio for today is 12.74.

The historical rank and industry rank for JPMorgan Global Growth &ome's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:JGGI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.57   Med: 14.43   Max: 25.29
Current: 12.78

During the past 13 years, JPMorgan Global Growth &ome's highest Cyclically Adjusted PS Ratio was 25.29. The lowest was 9.57. And the median was 14.43.

LSE:JGGI's Cyclically Adjusted PS Ratio is ranked worse than
74.97% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs LSE:JGGI: 12.78

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.

JPMorgan Global Growth &ome's adjusted revenue per share data of for the fiscal year that ended in Jun23 was £0.525. 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 £0.43 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan Global Growth &ome Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JPMorgan Global Growth &ome'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.

JPMorgan Global Growth &ome Cyclically Adjusted PS Ratio Chart

JPMorgan Global Growth &ome Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.45 13.83 12.15 10.11 10.86

JPMorgan Global Growth &ome 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 - 10.11 - 10.86 -

Competitive Comparison of JPMorgan Global Growth &ome's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, JPMorgan Global Growth &ome'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.


JPMorgan Global Growth &ome's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Global Growth &ome's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan Global Growth &ome's Cyclically Adjusted PS Ratio falls into.



JPMorgan Global Growth &ome 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.

JPMorgan Global Growth &ome's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.48/0.43
=12.74

* 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.

JPMorgan Global Growth &ome's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, JPMorgan Global Growth &ome's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.525/129.4000*129.4000
=0.525

Current CPI (Jun23) = 129.4000.

JPMorgan Global Growth &ome Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.263 99.800 0.341
201506 0.257 100.100 0.332
201606 0.173 101.000 0.222
201706 0.709 103.500 0.886
201806 0.253 105.900 0.309
201906 0.279 107.900 0.335
202006 0.207 108.800 0.246
202106 1.078 111.400 1.252
202206 -0.148 120.500 -0.159
202306 0.525 129.400 0.525

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.


JPMorgan Global Growth &ome  (LSE:JGGI) 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.


JPMorgan Global Growth &ome Cyclically Adjusted PS Ratio Related Terms

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JPMorgan Global Growth &ome (LSE:JGGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Global Growth & Income PLC is an investment trust company. Its main objective is to gain capital growth from world stock markets. The company seeks to manage risk and invests in a diversified portfolio of companies. It focuses on building a high conviction portfolio of typically 50-90 stocks and it adopts bottom-up stock selection instead of geographical or sector allocation. It uses borrowing to gear the portfolio within a range of 5% cash to 20% geared under normal market conditions. The company evaluates its performance against the MSCI All Countries World Index in sterling terms. It holds a diversified portfolio of various sectors including Consumer Discretionary, Financials, Health Care, Information Technology, Industrials, and others.

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