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Brookfield Global Infrastructure Securitiesome Fund (TSX:BGI.UN) Cyclically Adjusted PS Ratio : 48.44 (As of Jun. 01, 2024)


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What is Brookfield Global Infrastructure Securitiesome Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Brookfield Global Infrastructure Securitiesome Fund's current share price is C$4.36. Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was C$0.09. Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted PS Ratio for today is 48.44.

The historical rank and industry rank for Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:BGI.UN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 17.33   Med: 20.95   Max: 50.44
Current: 48.56

During the past 11 years, Brookfield Global Infrastructure Securitiesome Fund's highest Cyclically Adjusted PS Ratio was 50.44. The lowest was 17.33. And the median was 20.95.

TSX:BGI.UN's Cyclically Adjusted PS Ratio is ranked worse than
97.37% of 873 companies
in the Asset Management industry
Industry Median: 7.6 vs TSX:BGI.UN: 48.56

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.

Brookfield Global Infrastructure Securitiesome Fund's adjusted revenue per share data of for the fiscal year that ended in Dec23 was C$0.398. 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 C$0.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Global Infrastructure Securitiesome Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brookfield Global Infrastructure Securitiesome Fund'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.

Brookfield Global Infrastructure Securitiesome Fund Cyclically Adjusted PS Ratio Chart

Brookfield Global Infrastructure Securitiesome Fund 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 - - - 25.08 46.75

Brookfield Global Infrastructure Securitiesome Fund 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 - - 25.08 - 46.75

Competitive Comparison of Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Brookfield Global Infrastructure Securitiesome Fund'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.


Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted PS Ratio falls into.



Brookfield Global Infrastructure Securitiesome Fund 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.

Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.36/0.09
=48.44

* 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.

Brookfield Global Infrastructure Securitiesome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Brookfield Global Infrastructure Securitiesome Fund'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)
=0.398/125.0724*125.0724
=0.398

Current CPI (Dec23) = 125.0724.

Brookfield Global Infrastructure Securitiesome Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.848 98.367 1.078
201512 -3.004 99.947 -3.759
201612 1.028 101.449 1.267
201712 0.595 103.345 0.720
201812 -0.212 105.399 -0.252
201912 1.813 107.769 2.104
202012 -1.636 108.559 -1.885
202112 0.862 113.774 0.948
202212 0.257 120.964 0.266
202312 0.398 125.072 0.398

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.


Brookfield Global Infrastructure Securitiesome Fund  (TSX:BGI.UN) 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.


Brookfield Global Infrastructure Securitiesome Fund Cyclically Adjusted PS Ratio Related Terms

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


Brookfield Global Infrastructure Securitiesome Fund (TSX:BGI.UN) Business Description

Traded in Other Exchanges
N/A
Address
Brookfield Place, 181 Bay Street, Suite 300, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Global Infrastructure Securities Income Fund is a closed-end investment fund. The investment objective of the company is to provide the unitholders with quarterly cash distributions; maximize total return for unitholders through distributions and capital appreciation, and preserve capital. It invests in a portfolio comprised of equity securities of publicly-traded infrastructure companies that own and operate infrastructure assets. Brookfield Investment Management Inc is the investment manager of the fund.

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