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Partners Group Holding AG (XSWX:PGHN) Cyclically Adjusted PS Ratio : 21.87 (As of Apr. 27, 2024)


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What is Partners Group Holding AG Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Partners Group Holding AG's current share price is CHF1195.00. Partners Group Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was CHF54.63. Partners Group Holding AG's Cyclically Adjusted PS Ratio for today is 21.87.

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

XSWX:PGHN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.46   Med: 29.29   Max: 50.35
Current: 21.76

During the past 13 years, Partners Group Holding AG's highest Cyclically Adjusted PS Ratio was 50.35. The lowest was 15.46. And the median was 29.29.

XSWX:PGHN's Cyclically Adjusted PS Ratio is ranked worse than
90.64% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs XSWX:PGHN: 21.76

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.

Partners Group Holding AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was CHF71.334. 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 CHF54.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Partners Group Holding AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Partners Group Holding AG'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.

Partners Group Holding AG Cyclically Adjusted PS Ratio Chart

Partners Group Holding AG 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 30.29 31.64 36.00 16.83 22.20

Partners Group Holding AG 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 36.00 - 16.83 - 22.20

Competitive Comparison of Partners Group Holding AG's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Partners Group Holding AG'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.


Partners Group Holding AG's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Partners Group Holding AG's Cyclically Adjusted PS Ratio falls into.



Partners Group Holding AG 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.

Partners Group Holding AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1195.00/54.63
=21.87

* 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.

Partners Group Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Partners Group Holding AG'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)
=71.334/106.4611*106.4611
=71.334

Current CPI (Dec23) = 106.4611.

Partners Group Holding AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 21.044 100.704 22.247
201512 22.511 99.386 24.113
201612 35.555 99.380 38.089
201712 45.331 100.213 48.157
201812 47.680 100.906 50.305
201912 57.852 101.063 60.942
202012 52.145 100.241 55.381
202112 99.424 101.776 104.001
202212 70.555 104.666 71.765
202312 71.334 106.461 71.334

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.


Partners Group Holding AG  (XSWX:PGHN) 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.


Partners Group Holding AG Cyclically Adjusted PS Ratio Related Terms

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Partners Group Holding AG (XSWX:PGHN) Business Description

Traded in Other Exchanges
Address
Zugerstrasse 57, Baar, Zug, CHE, 6341
Partners Group Holding AG is a publicly-traded, private-market investment group with worldwide operations, primarily in North America and Europe. The company's investments originate mostly from its private equity, private debt, private real estate, and private infrastructure deal flow. Partners Group emphasizes a high hurdle in its selectivity rate. The company seeks to identify a diverse set of high-quality assets that are best positioned to benefit from sectoral and transformative growth trends across regions. It also takes an active role in supporting its investment acquisitions in executing their respective strategies, often through industry collaboration.

Partners Group Holding AG (XSWX:PGHN) Headlines

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