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Sprott (Sprott) Cyclically Adjusted PS Ratio : 9.01 (As of Jun. 09, 2024)


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What is Sprott Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Sprott's current share price is $43.35. Sprott's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.81. Sprott's Cyclically Adjusted PS Ratio for today is 9.01.

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

SII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.03   Med: 6.16   Max: 11
Current: 9.16

During the past years, Sprott's highest Cyclically Adjusted PS Ratio was 11.00. The lowest was 2.03. And the median was 6.16.

SII's Cyclically Adjusted PS Ratio is ranked worse than
58.86% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs SII: 9.16

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.

Sprott's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.526. 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 $4.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprott Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sprott'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.

Sprott Cyclically Adjusted PS Ratio Chart

Sprott 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 3.73 6.09 9.55 7.40 7.04

Sprott Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.03 6.87 6.53 7.04 7.68

Competitive Comparison of Sprott's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Sprott'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.


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

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

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



Sprott 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.

Sprott's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.35/4.81
=9.01

* 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.

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

For example, Sprott'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)
=1.526/126.2576*126.2576
=1.526

Current CPI (Mar. 2024) = 126.2576.

Sprott Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.012 99.473 1.284
201409 1.012 99.394 1.286
201412 1.104 98.367 1.417
201503 0.879 99.789 1.112
201506 0.806 100.500 1.013
201509 0.754 100.421 0.948
201512 0.891 99.947 1.126
201603 0.762 101.054 0.952
201606 0.936 102.002 1.159
201609 0.934 101.765 1.159
201612 1.435 101.449 1.786
201703 1.054 102.634 1.297
201706 1.033 103.029 1.266
201709 0.728 103.345 0.889
201712 0.766 103.345 0.936
201803 0.831 105.004 0.999
201806 0.773 105.557 0.925
201809 0.700 105.636 0.837
201812 0.565 105.399 0.677
201903 0.641 106.979 0.757
201906 0.647 107.690 0.759
201909 0.748 107.611 0.878
201912 0.840 107.769 0.984
202003 0.825 107.927 0.965
202006 0.885 108.401 1.031
202009 1.163 108.164 1.358
202012 1.572 108.559 1.828
202103 1.701 110.298 1.947
202106 1.285 111.720 1.452
202109 1.558 112.905 1.742
202112 1.824 113.774 2.024
202203 1.665 117.646 1.787
202206 1.452 120.806 1.518
202209 1.375 120.648 1.439
202212 1.399 120.964 1.460
202303 1.446 122.702 1.488
202306 1.393 124.203 1.416
202309 1.331 125.230 1.342
202312 1.465 125.072 1.479
202403 1.526 126.258 1.526

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.


Sprott  (NYSE:SII) 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.


Sprott Cyclically Adjusted PS Ratio Related Terms

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


Sprott (Sprott) Business Description

Traded in Other Exchanges
Address
200 Bay Street, South Tower, Suite 2600, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Inc is an alternative asset manager operating in Canada. The company has five reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Private strategies; Brokerage segment includes activities of Canadian and U.S. broker-dealers; Corporate; and Others.

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