Berkeley Group Holdings (The) (LSE:BKG) Sloan Ratio % : 1.83% (As of Oct. 2023)

Berkeley Group Holdings (The) Sloan Ratio % Chart

Berkeley Group Holdings (The) Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Sloan Ratio %		Get a 7-Day Free Trial					1.79	-0.64	1.76	9.71	0.99

Berkeley Group Holdings (The) Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Sloan Ratio %	Get a 7-Day Free Trial															-1.22	9.71	9.15	0.99	1.83

Competitive Comparison of Berkeley Group Holdings (The)'s Sloan Ratio %

For the Residential Construction subindustry, Berkeley Group Holdings (The)'s Sloan Ratio %, along with its competitors' market caps and Sloan 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.

Berkeley Group Holdings (The)'s Sloan Ratio % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Berkeley Group Holdings (The)'s Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Berkeley Group Holdings (The)'s Sloan Ratio % falls into.

Berkeley Group Holdings (The) Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Berkeley Group Holdings (The)'s Sloan Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Berkeley Group Holdings (The)'s Sloan Ratio for the quarter that ended in Oct. 2023 is calculated as

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Berkeley Group Holdings (The)'s Net Income for the trailing twelve months (TTM) ended in Oct. 2023 was 244 (Apr. 2023 ) + 211.5 (Oct. 2023 ) = £456 Mil.
Berkeley Group Holdings (The)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2023 was 192.8 (Apr. 2023 ) + 73.7 (Oct. 2023 ) = £267 Mil.
Berkeley Group Holdings (The)'s Cash Flow from Investing for the trailing twelve months (TTM) ended in Oct. 2023 was -3.9 (Apr. 2023 ) + 66.3 (Oct. 2023 ) = £62 Mil.

* 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.

Berkeley Group Holdings (The)  (LSE:BKG) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Oct. 2023, Berkeley Group Holdings (The) has a Sloan Ratio of 1.83%, indicating the company is in the safe zone and there is no funny business with accruals.

Berkeley Group Holdings (The) Sloan Ratio % Related Terms

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Berkeley Group Holdings (The) (LSE:BKG) Business Description