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Merriman Holdings (Merriman Holdings) Cyclically Adjusted PS Ratio : (As of May. 11, 2024)


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What is Merriman Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Merriman Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Merriman Holdings'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.

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Merriman Holdings Cyclically Adjusted PS Ratio Chart

Merriman Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PS Ratio
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Merriman Holdings Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Merriman Holdings's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Merriman Holdings'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.


Merriman Holdings's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Merriman Holdings 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.

Merriman Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Merriman Holdings's adjusted Revenue per Share data for the three months ended in Sep. 2015 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.522/100.3915*100.3915
=0.522

Current CPI (Sep. 2015) = 100.3915.

Merriman Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200512 267.543 83.032 323.478
200603 251.304 84.298 299.282
200606 316.277 85.606 370.904
200609 154.708 85.606 181.429
200612 366.673 85.142 432.349
200703 260.418 86.640 301.751
200706 333.967 87.906 381.402
200709 280.317 87.964 319.919
200712 506.339 88.616 573.620
200803 173.068 90.090 192.858
200806 238.350 92.320 259.188
200809 75.833 92.307 82.475
200812 122.787 88.697 138.976
200903 167.517 89.744 187.391
200906 85.033 91.003 93.805
200909 110.683 91.120 121.946
200912 95.967 91.111 105.742
201003 43.860 91.821 47.954
201006 94.769 91.962 103.456
201009 62.309 92.162 67.873
201012 147.081 92.474 159.674
201103 50.941 94.283 54.241
201106 65.866 95.235 69.433
201109 46.443 95.727 48.706
201112 20.823 95.213 21.955
201203 24.326 96.783 25.233
201206 14.497 96.819 15.032
201209 17.083 97.633 17.566
201212 16.391 96.871 16.987
201303 6.824 98.209 6.976
201306 0.563 98.518 0.574
201309 0.487 98.790 0.495
201312 0.874 98.326 0.892
201403 0.908 99.695 0.914
201406 1.026 100.560 1.024
201409 0.988 100.428 0.988
201412 0.506 99.070 0.513
201503 0.441 99.621 0.444
201506 0.887 100.684 0.884
201509 0.522 100.392 0.522

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.


Merriman Holdings  (OTCPK:MERR) 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.


Merriman Holdings Cyclically Adjusted PS Ratio Related Terms

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


Merriman Holdings (Merriman Holdings) Business Description

Traded in Other Exchanges
N/A
Address
250 Montgomery Street, 16th Floor, San Francisco, CA, USA, 94104
Merriman Holdings Inc is a financial service holding company. It provides capital markets advisory and research, corporate and investment banking services. The company's investment bankers provide a range of corporate finance and strategic advisory services. Its corporate finance practice advises on and structures capital raising solutions for its corporate clients through public and private offerings primarily of equity and convertible debt securities.
Executives
D Jonathan Merriman director, 10 percent owner, officer: CEO MERRIMAN CURHAN FORD & CO 600 CALIFORNIA ST., 9TH FLOOR SAN FRANCISCO CA 94108
Ronald L Chez director, 10 percent owner 1524 NORTH ASTOR, CHICAGO IL 60610
Jeffrey M Soinski director 585 WEST 500 SOUTH, BOUNTIFUL UT 84010
William J Febbo director 600 CALIFORNIA ST., 9TH FLOOR, SAN FRANCISCO CA 94108
Douglas Bergeron director 111 W. OCEAN BOULEVARD, LONG BEACH CA 90802
Andrew Arno director, 10 percent owner C/O MERRIMAN CURHAN FORD GROUP, INC., 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108
Christopher L Aguilar officer: General Counsel 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108
Robert J Majteles director
Ronald Spears director 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108

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