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Clairvest Group (Clairvest Group) Cyclically Adjusted PS Ratio : 6.93 (As of May. 14, 2024)


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What is Clairvest Group Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Clairvest Group's current share price is $52.70. Clairvest Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.60. Clairvest Group's Cyclically Adjusted PS Ratio for today is 6.93.

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

CVTGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.3   Med: 8.13   Max: 11.58
Current: 6.7

During the past years, Clairvest Group's highest Cyclically Adjusted PS Ratio was 11.58. The lowest was 5.30. And the median was 8.13.

CVTGF's Cyclically Adjusted PS Ratio is ranked better than
54.89% of 880 companies
in the Asset Management industry
Industry Median: 7.51 vs CVTGF: 6.70

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.

Clairvest Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $-0.240. 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 $7.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clairvest Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Clairvest 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.

Clairvest Group Cyclically Adjusted PS Ratio Chart

Clairvest Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.73 7.39 8.79 6.14 7.05

Clairvest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 6.51 7.05 7.13 6.89 6.93

Competitive Comparison of Clairvest Group's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Clairvest 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.


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

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

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



Clairvest 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.70/7.6
=6.93

* 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.

Clairvest Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Clairvest Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.24/125.4675*125.4675
=-0.240

Current CPI (Dec. 2023) = 125.4675.

Clairvest Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.462 98.604 0.588
201406 1.043 99.473 1.316
201409 2.079 99.394 2.624
201412 0.207 98.367 0.264
201503 1.368 99.789 1.720
201506 0.934 100.500 1.166
201509 0.415 100.421 0.519
201512 0.708 99.947 0.889
201603 1.125 101.054 1.397
201606 1.115 102.002 1.372
201609 0.825 101.765 1.017
201612 2.058 101.449 2.545
201703 1.313 102.634 1.605
201706 -0.282 103.029 -0.343
201709 2.799 103.345 3.398
201712 5.358 103.345 6.505
201803 1.118 105.004 1.336
201806 3.696 105.557 4.393
201809 1.201 105.636 1.426
201812 1.511 105.399 1.799
201903 2.069 106.979 2.427
201906 1.262 107.690 1.470
201909 1.285 107.611 1.498
201912 4.900 107.769 5.705
202003 -1.785 107.927 -2.075
202006 4.094 108.401 4.739
202009 -0.838 108.164 -0.972
202012 3.621 108.559 4.185
202103 2.351 110.298 2.674
202106 1.949 111.720 2.189
202109 1.640 112.905 1.822
202112 5.188 113.774 5.721
202203 13.301 117.646 14.185
202206 -0.046 120.806 -0.048
202209 3.384 120.648 3.519
202212 2.563 120.964 2.658
202303 0.597 122.702 0.610
202306 1.817 124.203 1.835
202309 -1.620 125.230 -1.623
202312 -0.240 125.468 -0.240

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.


Clairvest Group  (OTCPK:CVTGF) 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.


Clairvest Group Cyclically Adjusted PS Ratio Related Terms

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


Clairvest Group (Clairvest Group) Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3
Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.

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