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Brookfield (BSP:B1AM34) Cyclically Adjusted PS Ratio : 1.14 (As of May. 22, 2024)


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What is Brookfield Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Brookfield's current share price is R$57.31. Brookfield's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$50.17. Brookfield's Cyclically Adjusted PS Ratio for today is 1.14.

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

BSP:B1AM34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.56   Max: 2.32
Current: 1.1

During the past years, Brookfield's highest Cyclically Adjusted PS Ratio was 2.32. The lowest was 0.78. And the median was 1.56.

BSP:B1AM34's Cyclically Adjusted PS Ratio is ranked better than
87.37% of 879 companies
in the Asset Management industry
Industry Median: 7.52 vs BSP:B1AM34: 1.10

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.

Brookfield's adjusted revenue per share data for the three months ended in Mar. 2024 was R$18.475. 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 R$50.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brookfield'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.

Brookfield Cyclically Adjusted PS Ratio Chart

Brookfield Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 1.37 1.66 0.94 1.00

Brookfield Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.92 0.90 0.82 1.00 1.02

Competitive Comparison of Brookfield's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Brookfield'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.


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

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

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



Brookfield 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.

Brookfield's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=57.31/50.17
=1.14

* 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.

Brookfield's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Brookfield'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)
=18.475/126.2576*126.2576
=18.475

Current CPI (Mar. 2024) = 126.2576.

Brookfield Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.840 99.473 2.335
201409 1.911 99.394 2.427
201412 2.168 98.367 2.783
201503 2.405 99.789 3.043
201506 2.605 100.500 3.273
201509 3.344 100.421 4.204
201512 3.660 99.947 4.623
201603 3.299 101.054 4.122
201606 3.488 102.002 4.317
201609 3.485 101.765 4.324
201612 3.967 101.449 4.937
201703 3.263 102.634 4.014
201706 5.300 103.029 6.495
201709 6.537 103.345 7.986
201712 7.292 103.345 8.909
201803 7.065 105.004 8.495
201806 8.556 105.557 10.234
201809 10.403 105.636 12.434
201812 10.609 105.399 12.709
201903 9.984 106.979 11.783
201906 11.117 107.690 13.034
201909 12.521 107.611 14.691
201912 11.774 107.769 13.794
202003 13.403 107.927 15.679
202006 11.005 108.401 12.818
202009 14.278 108.164 16.666
202012 14.550 108.559 16.922
202103 14.959 110.298 17.124
202106 14.831 111.720 16.761
202109 15.754 112.905 17.617
202112 18.899 113.774 20.973
202203 16.734 117.646 17.959
202206 18.148 120.806 18.967
202209 19.051 120.648 19.937
202212 20.130 120.964 21.011
202303 19.113 122.702 19.667
202306 18.195 124.203 18.496
202309 19.031 125.230 19.187
202312 18.964 125.072 19.144
202403 18.475 126.258 18.475

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.


Brookfield  (BSP:B1AM34) 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.


Brookfield Cyclically Adjusted PS Ratio Related Terms

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


Brookfield (BSP:B1AM34) Business Description

Address
181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Corp owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. The company generates the majority revenue through Private Equity. Located around the world, its assets are concentrated in the United States, and Canada.

Brookfield (BSP:B1AM34) Headlines

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