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Canaccord Genuity Group (Canaccord Genuity Group) Cyclically Adjusted PS Ratio : 0.61 (As of Apr. 27, 2024)


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What is Canaccord Genuity Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Canaccord Genuity Group's current share price is $6.41. Canaccord Genuity Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.55. Canaccord Genuity Group's Cyclically Adjusted PS Ratio for today is 0.61.

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

CCORF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.61   Max: 1.48
Current: 0.62

During the past years, Canaccord Genuity Group's highest Cyclically Adjusted PS Ratio was 1.48. The lowest was 0.34. And the median was 0.61.

CCORF's Cyclically Adjusted PS Ratio is ranked better than
84.03% of 576 companies
in the Capital Markets industry
Industry Median: 2.985 vs CCORF: 0.62

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.

Canaccord Genuity Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.775. 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 $10.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canaccord Genuity Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Canaccord Genuity 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.

Canaccord Genuity Group Cyclically Adjusted PS Ratio Chart

Canaccord Genuity 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 0.60 0.45 1.11 1.02 0.82

Canaccord Genuity 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 0.65 0.82 0.61 0.58 0.54

Competitive Comparison of Canaccord Genuity Group's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Canaccord Genuity 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.


Canaccord Genuity Group's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Canaccord Genuity Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Canaccord Genuity 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.41/10.55
=0.61

* 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.

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

For example, Canaccord Genuity 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)
=2.775/125.4675*125.4675
=2.775

Current CPI (Dec. 2023) = 125.4675.

Canaccord Genuity Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.322 98.604 2.955
201406 2.218 99.473 2.798
201409 2.123 99.394 2.680
201412 1.579 98.367 2.014
201503 2.019 99.789 2.539
201506 1.792 100.500 2.237
201509 1.571 100.421 1.963
201512 1.484 99.947 1.863
201603 1.714 101.054 2.128
201606 1.722 102.002 2.118
201609 1.601 101.765 1.974
201612 1.582 101.449 1.957
201703 1.765 102.634 2.158
201706 1.615 103.029 1.967
201709 1.686 103.345 2.047
201712 2.133 103.345 2.590
201803 1.956 105.004 2.337
201806 1.777 105.557 2.112
201809 1.987 105.636 2.360
201812 1.911 105.399 2.275
201903 1.512 106.979 1.773
201906 1.885 107.690 2.196
201909 1.553 107.611 1.811
201912 1.861 107.769 2.167
202003 1.801 107.927 2.094
202006 2.271 108.401 2.629
202009 2.356 108.164 2.733
202012 3.363 108.559 3.887
202103 5.803 110.298 6.601
202106 3.832 111.720 4.304
202109 3.406 112.905 3.785
202112 3.959 113.774 4.366
202203 3.650 117.646 3.893
202206 2.796 120.806 2.904
202209 2.791 120.648 2.902
202212 3.241 120.964 3.362
202303 3.596 122.702 3.677
202306 2.929 124.203 2.959
202309 2.666 125.230 2.671
202312 2.775 125.468 2.775

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.


Canaccord Genuity Group  (OTCPK:CCORF) 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.


Canaccord Genuity Group Cyclically Adjusted PS Ratio Related Terms

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


Canaccord Genuity Group (Canaccord Genuity Group) Business Description

Address
609 Granville Street, Suite 2200, Vancouver, BC, CAN, V7Y 1H2
Canaccord Genuity Group Inc is an independent, full-service financial services firm. The Company's segment reporting is based on the following operating segments: Canaccord Genuity Capital Markets, Canaccord Genuity Wealth Management, and Corporate and Other. The company is been driven by an unwavering commitment to building lasting client relationships. It achieves this by generating value for its individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. Its international capital markets division operates in North America, UK and Europe, Asia, Australia and the Middle East.

Canaccord Genuity Group (Canaccord Genuity Group) Headlines

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