GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Close Brothers Group PLC (OTCPK:CBGPY) » Definitions » Cyclically Adjusted Revenue per Share

Close Brothers Group (Close Brothers Group) Cyclically Adjusted Revenue per Share : $17.27 (As of Jan. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Close Brothers Group 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.

Close Brothers Group's adjusted revenue per share data for the fiscal year that ended in Jul. 2023 was $17.411. 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 $17.27 for the trailing ten years ended in Jul. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% 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 Close Brothers Group was 9.40% per year. The lowest was 0.50% per year. And the median was 2.80% per year.

As of today (2024-04-27), Close Brothers Group's current stock price is $ 11.96. Close Brothers Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul. 2023 was $17.27. Close Brothers Group's Cyclically Adjusted PS Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Close Brothers Group was 4.17. The lowest was 0.45. And the median was 3.13.


Close Brothers Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Close Brothers Group'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.

Close Brothers Group Cyclically Adjusted Revenue per Share Chart

Close Brothers Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.94 13.37 15.81 15.14 17.27

Close Brothers Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 15.14 - 17.27 -

Competitive Comparison of Close Brothers Group's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Close Brothers 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.


Close Brothers Group's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Close Brothers Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Close Brothers Group 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, Close Brothers Group's adjusted Revenue per Share data for the fiscal year that ended in Jul. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=17.411/129.0000*129.0000
=17.411

Current CPI (Jul. 2023) = 129.0000.

Close Brothers Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201407 14.306 99.600 18.529
201507 14.244 100.000 18.375
201607 12.346 100.900 15.784
201707 13.848 103.500 17.260
201807 14.810 105.900 18.041
201907 14.323 108.000 17.108
202007 15.685 109.200 18.529
202107 18.661 111.400 21.609
202207 16.061 121.200 17.095
202307 17.411 129.000 17.411

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


Close Brothers Group  (OTCPK:CBGPY) 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.

Close Brothers Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.96/17.27
=0.69

* 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 Close Brothers Group was 4.17. The lowest was 0.45. And the median was 3.13.


Be Aware

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


Close Brothers Group Cyclically Adjusted Revenue per Share Related Terms

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


Close Brothers Group (Close Brothers Group) Business Description

Industry
Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (Close Brothers Group) Headlines

From GuruFocus

Close Brothers Group PLC's Dividend Analysis

By GuruFocus Research 10-18-2023

A Close Encounter With a Merchant Bank

By Praveen Chawla 06-06-2022