GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Capital Investment Corp (NAS:BKCC) » Definitions » Cyclically Adjusted Revenue per Share

BlackRock Capital Investment (BlackRock Capital Investment) Cyclically Adjusted Revenue per Share : $0.20 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is BlackRock Capital 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.

BlackRock Capital Investment's adjusted revenue per share for the three months ended in Dec. 2023 was $0.096. 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 $0.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BlackRock Capital Investment's average Cyclically Adjusted Revenue Growth Rate was -35.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -21.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -24.00% 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 BlackRock Capital Investment was 9.90% per year. The lowest was -23.40% per year. And the median was -14.40% per year.

As of today (2024-04-28), BlackRock Capital Investment's current stock price is $3.68. BlackRock Capital Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.20. BlackRock Capital Investment's Cyclically Adjusted PS Ratio of today is 18.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BlackRock Capital Investment was 19.75. The lowest was 3.20. And the median was 11.72.


BlackRock Capital Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BlackRock Capital 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.

BlackRock Capital Investment Cyclically Adjusted Revenue per Share Chart

BlackRock Capital Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.42 0.38 0.31 0.20

BlackRock Capital Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.31 0.27 0.26 0.25 0.20

Competitive Comparison of BlackRock Capital Investment's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, BlackRock Capital 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.


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

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

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



BlackRock Capital 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, BlackRock Capital Investment'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)
=0.096/129.4194*129.4194
=0.096

Current CPI (Dec. 2023) = 129.4194.

BlackRock Capital Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.299 99.695 0.388
201406 0.390 100.560 0.502
201409 0.368 100.428 0.474
201412 0.649 99.070 0.848
201503 0.291 99.621 0.378
201506 0.197 100.684 0.253
201509 0.286 100.392 0.369
201512 -0.229 99.792 -0.297
201603 -0.496 100.470 -0.639
201606 -0.106 101.688 -0.135
201609 -0.274 101.861 -0.348
201612 0.040 101.863 0.051
201703 0.185 102.862 0.233
201706 0.187 103.349 0.234
201709 -0.095 104.136 -0.118
201712 -0.040 104.011 -0.050
201803 -0.006 105.290 -0.007
201806 0.067 106.317 0.082
201809 0.217 106.507 0.264
201812 -0.408 105.998 -0.498
201903 0.200 107.251 0.241
201906 -0.131 108.070 -0.157
201909 -0.141 108.329 -0.168
201912 0.013 108.420 0.016
202003 -0.697 108.902 -0.828
202006 -0.311 108.767 -0.370
202009 -0.305 109.815 -0.359
202012 0.120 109.897 0.141
202103 0.200 111.754 0.232
202106 0.373 114.631 0.421
202109 0.146 115.734 0.163
202112 0.092 117.630 0.101
202203 0.082 121.301 0.087
202206 -0.008 125.017 -0.008
202209 0.098 125.227 0.101
202212 -0.049 125.222 -0.051
202303 0.138 127.348 0.140
202306 0.045 128.729 0.045
202309 0.175 129.860 0.174
202312 0.096 129.419 0.096

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


BlackRock Capital Investment  (NAS:BKCC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.68/0.2
=18.40

* 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 BlackRock Capital Investment was 19.75. The lowest was 3.20. And the median was 11.72.


Be Aware

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


BlackRock Capital Investment Cyclically Adjusted Revenue per Share Related Terms

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


BlackRock Capital Investment (BlackRock Capital Investment) Business Description

Traded in Other Exchanges
Address
50 Hudson Yards, New York, NY, USA, 10001
BlackRock Capital Investment Corporation is a closed-end investment management enterprise based in the United States. It carries out its operations to generate both income and capital appreciation for its investors through its senior and junior secured, unsecured, and subordinated debt securities and loans and equity securities. BlackRock also follows a policy of investing primarily in middle-market companies with adequate annual revenue and positive cash flows. Its investment portfolio includes companies predominantly in the finance sector. Other sectors of investments comprise chemicals, healthcare, consumer goods, and retail.
Executives
Chip Holladay officer: Interim CFO and Treasurer 40 EAST 52ND STREET, NEW YORK NY 10022
Maureen K Usifer director C/O BLACKROCK KELSO CAPITAL ADVISORS LLC, 40 EAST 52ND STREET, NEW YORK NY 10022
Nik Singhal officer: President C/O BLACKROCK CAPITAL INVESTMENT CORP, 40 EAST 52ND STREET, NEW YORK NY 10022
James Keenan director, other: Chairman of the Board 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abby Miller officer: CFO and Treasurer C/O BLACKROCK CAPITAL INVESTMENT CORP, 40 EAST 52ND STREET, NEW YORK NY 10022
Michael Pungello officer: Interim CFO/Interim Treasurer 55 E 52ND STREET, NEW YORK NY 10055
Jerrold B Harris director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mark S Lies director 55 EAST 52ND ST, NEW YORK NY 10055
Meridee Moore director
Michael J. Zugay officer: Chief Executive Officer 55 E 52ND STREET, NEW YORK NY 10055
Steven Sterling director, officer: CEO and Chairman of the Board C/O BLACKROCK KELSO CAPITAL CORPORATION, 55 EAST 52ND STREET, NEW YORK NY 10055
John R Baron director 55 EAST 52ND STREET, NEW YORK NY 10055
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Donna Milia officer: Interim CFO C/O SKADDEN, ARPS, 1440 NEW YORK AVENUE, NW, WASHINGTON DC 20005
Pankovcin Corinne officer: Chief Financial Officer BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022

BlackRock Capital Investment (BlackRock Capital Investment) Headlines

From GuruFocus