GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PSG Financial Services Limited (JSE:KST) » Definitions » Cyclically Adjusted Revenue per Share

PSG Financial Services Limited (JSE:KST) Cyclically Adjusted Revenue per Share : R4.28 (As of Feb. 2024)


View and export this data going back to 2014. Start your Free Trial

What is PSG Financial Services Limited Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

PSG Financial Services Limited's adjusted revenue per share data for the fiscal year that ended in Feb. 2024 was R5.702. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R4.28 for the trailing ten years ended in Feb. 2024.

During the past 12 months, PSG Financial Services Limited's average Cyclically Adjusted Revenue Growth Rate was 12.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of PSG Financial Services Limited was 14.10% per year. The lowest was 9.80% per year. And the median was 11.75% per year.

As of today (2024-06-05), PSG Financial Services Limited's current stock price is R 16.03. PSG Financial Services Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb. 2024 was R4.28. PSG Financial Services Limited's Cyclically Adjusted PS Ratio of today is 3.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PSG Financial Services Limited was 6.99. The lowest was 1.90. And the median was 4.03.


PSG Financial Services Limited Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PSG Financial Services Limited's Cyclically Adjusted Revenue per Share 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.

PSG Financial Services Limited Cyclically Adjusted Revenue per Share Chart

PSG Financial Services Limited Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 2.90 3.29 3.80 4.28

PSG Financial Services Limited Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Cyclically Adjusted Revenue per Share 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 3.29 - 3.80 - 4.28

Competitive Comparison of PSG Financial Services Limited's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, PSG Financial Services Limited'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.


PSG Financial Services Limited's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where PSG Financial Services Limited's Cyclically Adjusted PS Ratio falls into.



PSG Financial Services Limited Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PSG Financial Services Limited's adjusted Revenue per Share data for the fiscal year that ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=5.702/154.2028*154.2028
=5.702

Current CPI (Feb. 2024) = 154.2028.

PSG Financial Services Limited Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201502 2.053 97.339 3.252
201602 2.396 104.097 3.549
201702 2.586 110.855 3.597
201802 2.849 115.106 3.817
201902 3.207 119.793 4.128
202002 3.534 125.243 4.351
202102 3.708 128.817 4.439
202202 4.298 136.109 4.869
202302 4.839 146.101 5.107
202402 5.702 154.203 5.702

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


PSG Financial Services Limited  (JSE:KST) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

PSG Financial Services Limited's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.03/4.28
=3.75

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PSG Financial Services Limited was 6.99. The lowest was 1.90. And the median was 4.03.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


PSG Financial Services Limited Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of PSG Financial Services Limited's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PSG Financial Services Limited (JSE:KST) Business Description

Traded in Other Exchanges
Address
3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, ZAF, 7530
PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. Offerings under PSG Insure cover a range of short-term insurance solutions, for both personal and commercial needs. PSG rounds out its portfolio with the PSG Asset Management group which offers a range of local unit trusts and international funds.

PSG Financial Services Limited (JSE:KST) Headlines

No Headlines