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Gladstone Investment (STU:1G3) Cyclically Adjusted Revenue per Share : €1.95 (As of Mar. 2024)


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What is Gladstone Investment 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.

Gladstone Investment's adjusted revenue per share for the three months ended in Mar. 2024 was €0.556. 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 €1.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gladstone Investment's average Cyclically Adjusted Revenue Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% 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 Gladstone Investment was 35.20% per year. The lowest was 11.70% per year. And the median was 18.20% per year.

As of today (2024-06-05), Gladstone Investment's current stock price is €12.866. Gladstone Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.95. Gladstone Investment's Cyclically Adjusted PS Ratio of today is 6.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gladstone Investment was 18.98. The lowest was 5.48. And the median was 10.26.


Gladstone Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gladstone Investment'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.

Gladstone Investment Cyclically Adjusted Revenue per Share Chart

Gladstone Investment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.19 1.52 1.65 1.95

Gladstone Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.65 1.71 1.83 1.80 1.95

Competitive Comparison of Gladstone Investment's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Gladstone Investment'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.


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

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

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



Gladstone Investment 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, Gladstone Investment'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)
=0.556/131.7762*131.7762
=0.556

Current CPI (Mar. 2024) = 131.7762.

Gladstone Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.306 100.560 0.401
201409 0.085 100.428 0.112
201412 0.232 99.070 0.309
201503 0.998 99.621 1.320
201506 0.287 100.684 0.376
201509 0.024 100.392 0.032
201512 -0.156 99.792 -0.206
201603 0.705 100.470 0.925
201606 0.742 101.688 0.962
201609 0.024 101.861 0.031
201612 0.407 101.863 0.527
201703 0.319 102.862 0.409
201706 0.293 103.349 0.374
201709 0.383 104.136 0.485
201712 0.457 104.011 0.579
201803 0.561 105.290 0.702
201806 0.876 106.317 1.086
201809 0.884 106.507 1.094
201812 0.402 105.998 0.500
201903 0.464 107.251 0.570
201906 0.187 108.070 0.228
201909 0.374 108.329 0.455
201912 0.399 108.420 0.485
202003 -0.741 108.902 -0.897
202006 0.049 108.767 0.059
202009 0.201 109.815 0.241
202012 0.412 109.897 0.494
202103 0.566 111.754 0.667
202106 1.193 114.631 1.371
202109 0.735 115.734 0.837
202112 0.181 117.630 0.203
202203 0.436 121.301 0.474
202206 0.338 125.017 0.356
202209 0.070 125.227 0.074
202212 0.423 125.222 0.445
202303 0.100 127.348 0.103
202306 0.203 128.729 0.208
202309 1.248 129.860 1.266
202312 0.128 129.419 0.130
202403 0.556 131.776 0.556

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


Gladstone Investment  (STU:1G3) 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.

Gladstone Investment's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.866/1.95
=6.60

* 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 Gladstone Investment was 18.98. The lowest was 5.48. And the median was 10.26.


Be Aware

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


Gladstone Investment Cyclically Adjusted Revenue per Share Related Terms

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


Gladstone Investment (STU:1G3) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.

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