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AGF Management (AGF Management) Cyclically Adjusted Revenue per Share : $4.71 (As of Feb. 2024)


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What is AGF Management 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.

AGF Management's adjusted revenue per share for the three months ended in Feb. 2024 was $1.264. 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 $4.71 for the trailing ten years ended in Feb. 2024.

During the past 12 months, AGF Management's average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.20% 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 AGF Management was 10.80% per year. The lowest was -5.00% per year. And the median was -1.15% per year.

As of today (2024-04-29), AGF Management's current stock price is $5.92. AGF Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $4.71. AGF Management's Cyclically Adjusted PS Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of AGF Management was 1.93. The lowest was 0.45. And the median was 1.09.


AGF Management Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for AGF Management'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.

AGF Management Cyclically Adjusted Revenue per Share Chart

AGF Management Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.40 4.31 4.43 4.57 4.73

AGF Management Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 4.42 4.60 4.49 4.73 4.71

Competitive Comparison of AGF Management's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, AGF Management'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.


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

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

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



AGF Management 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, AGF Management's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.264/125.4675*125.4675
=1.264

Current CPI (Feb. 2024) = 125.4675.

AGF Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.204 99.394 1.520
201408 1.188 99.315 1.501
201411 1.058 99.078 1.340
201502 0.984 99.078 1.246
201505 1.059 100.263 1.325
201508 0.976 100.579 1.218
201511 0.920 100.421 1.149
201602 0.888 100.421 1.109
201605 0.998 101.765 1.230
201608 1.000 101.686 1.234
201611 0.932 101.607 1.151
201702 0.958 102.476 1.173
201705 0.970 103.108 1.180
201708 1.022 103.108 1.244
201711 0.993 103.740 1.201
201802 1.031 104.688 1.236
201805 1.024 105.399 1.219
201808 1.007 106.031 1.192
201811 0.947 105.478 1.126
201902 0.878 106.268 1.037
201905 0.941 107.927 1.094
201908 0.918 108.085 1.066
201911 0.983 107.769 1.144
202002 0.929 108.559 1.074
202005 0.804 107.532 0.938
202008 0.936 108.243 1.085
202011 1.006 108.796 1.160
202102 1.157 109.745 1.323
202105 1.265 111.404 1.425
202108 1.260 112.668 1.403
202111 1.326 113.932 1.460
202202 1.272 115.986 1.376
202205 1.266 120.016 1.324
202208 1.208 120.569 1.257
202211 1.180 121.675 1.217
202302 1.233 122.070 1.267
202305 1.265 124.045 1.280
202308 1.241 125.389 1.242
202311 1.173 125.468 1.173
202402 1.264 125.468 1.264

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


AGF Management  (OTCPK:AGFMF) 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.

AGF Management's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.92/4.71
=1.26

* 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 AGF Management was 1.93. The lowest was 0.45. And the median was 1.09.


Be Aware

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


AGF Management Cyclically Adjusted Revenue per Share Related Terms

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


AGF Management (AGF Management) Business Description

Traded in Other Exchanges
Address
81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1
AGF Management is a Canada-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of September, the firm had CAD 41.0 billion in total assets under management. Its funds are weighted more heavily toward equities, with close to three fourths of retail AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with one fourth of its total AUM derived from institutional and subadvised accounts. The company derives 17% of its managed assets from high-net-worth clients.

AGF Management (AGF Management) Headlines

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