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BrightSphere Investment Group (BrightSphere Investment Group) Cyclically Adjusted PS Ratio : 2.52 (As of May. 17, 2024)


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What is BrightSphere Investment Group Cyclically Adjusted PS Ratio?

As of today (2024-05-17), BrightSphere Investment Group's current share price is $22.81. BrightSphere Investment Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.04. BrightSphere Investment Group's Cyclically Adjusted PS Ratio for today is 2.52.

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

BSIG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.43   Max: 3.06
Current: 2.59

During the past years, BrightSphere Investment Group's highest Cyclically Adjusted PS Ratio was 3.06. The lowest was 1.75. And the median was 2.43.

BSIG's Cyclically Adjusted PS Ratio is ranked better than
76.26% of 876 companies
in the Asset Management industry
Industry Median: 7.41 vs BSIG: 2.59

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.

BrightSphere Investment Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.660. 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 $9.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BrightSphere Investment Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BrightSphere Investment Group'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.

BrightSphere Investment Group Cyclically Adjusted PS Ratio Chart

BrightSphere Investment Group 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 - - - 2.40 2.15

BrightSphere Investment Group 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 2.71 2.38 2.18 2.15 2.53

Competitive Comparison of BrightSphere Investment Group's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, BrightSphere Investment Group'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.


BrightSphere Investment Group's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



BrightSphere Investment Group 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.

BrightSphere Investment Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.81/9.04
=2.52

* 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.

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

For example, BrightSphere Investment Group'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)
=2.66/131.7762*131.7762
=2.660

Current CPI (Mar. 2024) = 131.7762.

BrightSphere Investment Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.169 100.560 2.842
201409 2.167 100.428 2.843
201412 2.221 99.070 2.954
201503 1.334 99.621 1.765
201506 1.772 100.684 2.319
201509 1.343 100.392 1.763
201512 1.356 99.792 1.791
201603 1.247 100.470 1.636
201606 1.309 101.688 1.696
201609 1.427 101.861 1.846
201612 1.573 101.863 2.035
201703 1.715 102.862 2.197
201706 1.957 103.349 2.495
201709 2.035 104.136 2.575
201712 2.268 104.011 2.873
201803 2.278 105.290 2.851
201806 2.154 106.317 2.670
201809 2.161 106.507 2.674
201812 2.027 105.998 2.520
201903 2.118 107.251 2.602
201906 2.263 108.070 2.759
201909 2.198 108.329 2.674
201912 -0.204 108.420 -0.248
202003 1.724 108.902 2.086
202006 1.525 108.767 1.848
202009 1.576 109.815 1.891
202012 1.479 109.897 1.773
202103 1.333 111.754 1.572
202106 1.608 114.631 1.848
202109 1.416 115.734 1.612
202112 2.218 117.630 2.485
202203 2.475 121.301 2.689
202206 2.247 125.017 2.368
202209 2.049 125.227 2.156
202212 2.890 125.222 3.041
202303 2.149 127.348 2.224
202306 2.261 128.729 2.315
202309 2.519 129.860 2.556
202312 3.109 129.419 3.166
202403 2.660 131.776 2.660

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.


BrightSphere Investment Group  (NYSE:BSIG) 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.


BrightSphere Investment Group Cyclically Adjusted PS Ratio Related Terms

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


BrightSphere Investment Group (BrightSphere Investment Group) Business Description

Traded in Other Exchanges
Address
200 State Street, 13th Floor, Boston, MA, USA, 02109
BrightSphere Investment Group Inc is a diversified, multi-boutique asset management company. The company's diverse affiliates offer alpha-generating investment products to investors around the world. Its reportable segment includes Quant and Solutions, which comprises of versatile, tailored strategies that leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including non-U.S. and small-cap equities, as well as managed volatility, ESG, multi-asset, equity alternatives, and long/short strategies.. Its affiliates offer products in the U.S, international and emerging markets equities; U.S. fixed income; and alternative investments, including timber and secondary Funds.
Executives
Richard Jonathan Hart officer: Chief Legal Officer 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Christina Wiater officer: Principal Accounting Officer 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Suren Rana director, officer: President and CEO 245 PARK AVENUE, 40TH FLOOR, NEW YORK NY 10167
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
John Paulson director, 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
Daniel K. Mahoney officer: Head of Finance/PAO C/O OLD MUTUAL ASSET MANAGEMENT, 200 CLARENDON STREET, BOSTON MA 02116
Guang Yang director, officer: President and CEO 850 THIRD AVENUE, 16TH FLOOR, NEW YORK NY 10022
Robert J Chersi director C/O OMAM INC, 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Maliz E Beams director C/O PORT FINANCIAL CORP, 1380 SOLDIERS FIELD RD, BRIGHTON MA 02135
Barbara Trebbi director C/O OMAM INC., 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Reginald Love director C/O BRIGHTSPHERE INC., 200 CLARENDON STREET, BOSTON MA 02116
Andrew D Kim director 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036