GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Artisan Partners Asset Management Inc (NYSE:APAM) » Definitions » Cyclically Adjusted Revenue per Share

APAM (Artisan Partners Asset Management) Cyclically Adjusted Revenue per Share : $21.20 (As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Artisan Partners Asset 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.

Artisan Partners Asset Management's adjusted revenue per share for the three months ended in Dec. 2024 was $4.553. 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 $21.20 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Artisan Partners Asset Management's average Cyclically Adjusted Revenue Growth Rate was -7.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% 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 Artisan Partners Asset Management was 6.00% per year. The lowest was -5.80% per year. And the median was 0.60% per year.

As of today (2025-03-30), Artisan Partners Asset Management's current stock price is $39.12. Artisan Partners Asset Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $21.20. Artisan Partners Asset Management's Cyclically Adjusted PS Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Artisan Partners Asset Management was 2.43. The lowest was 0.88. And the median was 1.77.


Artisan Partners Asset Management Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Artisan Partners Asset 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.

Artisan Partners Asset Management Cyclically Adjusted Revenue per Share Chart

Artisan Partners Asset Management Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.53 25.35 26.26 22.95 21.20

Artisan Partners Asset Management Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.95 22.46 22.02 21.61 21.20

Competitive Comparison of Artisan Partners Asset Management's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Artisan Partners Asset 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.


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

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

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


;
;

Artisan Partners Asset 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, Artisan Partners Asset Management's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=4.553/133.1571*133.1571
=4.553

Current CPI (Dec. 2024) = 133.1571.

Artisan Partners Asset Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 6.238 99.621 8.338
201506 5.878 100.684 7.774
201509 5.444 100.392 7.221
201512 5.232 99.792 6.981
201603 4.721 100.470 6.257
201606 4.754 101.688 6.225
201609 4.763 101.861 6.226
201612 4.665 101.863 6.098
201703 4.487 102.862 5.809
201706 4.338 103.349 5.589
201709 4.458 104.136 5.700
201712 4.543 104.011 5.816
201803 4.477 105.290 5.662
201806 4.329 106.317 5.422
201809 4.307 106.507 5.385
201812 3.860 105.998 4.849
201903 3.728 107.251 4.629
201906 3.917 108.070 4.826
201909 3.945 108.329 4.849
201912 4.032 108.420 4.952
202003 3.808 108.902 4.656
202006 3.631 108.767 4.445
202009 4.126 109.815 5.003
202012 4.581 109.897 5.551
202103 4.946 111.754 5.893
202106 5.096 114.631 5.920
202109 5.278 115.734 6.073
202112 5.172 117.630 5.855
202203 4.452 121.301 4.887
202206 4.032 125.017 4.295
202209 3.741 125.227 3.978
202212 3.591 125.222 3.819
202303 3.708 127.348 3.877
202306 3.824 128.729 3.956
202309 3.913 129.860 4.012
202312 3.915 129.419 4.028
202403 4.108 131.776 4.151
202406 4.167 132.554 4.186
202409 4.291 133.029 4.295
202412 4.553 133.157 4.553

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


Artisan Partners Asset Management  (NYSE:APAM) 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.

Artisan Partners Asset Management's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.12/21.20
=1.85

* 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 Artisan Partners Asset Management was 2.43. The lowest was 0.88. And the median was 1.77.


Be Aware

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


Artisan Partners Asset Management Cyclically Adjusted Revenue per Share Related Terms

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


Artisan Partners Asset Management Business Description

Traded in Other Exchanges
Address
875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202
Artisan Partners Asset Management Inc is a global investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are primarily offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. In addition to its equity strategies, customers may invest in a fixed-income strategy. Strategies are often distributed to customers ranging from retail investors to institutional investors through specialized channels.
Executives
Gregory K Ramirez officer: Senior Vice President 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Laura Ellen Simpson officer: Exec VP, CLO & Secretary 875 E WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Samuel Bentson Sellers officer: Executive Vice President 875 E WISCONSIN AVENUE SUITE 800, MILWAUKEE WI 53202
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
Saloni S Multani director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Eileen Lee Kwei officer: Executive Vice President ONE CALIFORNIA STREET SUITE 2800, SAN FRANCISCO CA 94111
Jason A Gottlieb officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Jennifer Barbetta director ARTISAN PARTNERS ASSET MANAGEMENT INC., 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Christopher J Krein officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Zfic, Inc. director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Carlene M Ziegler director C/O ARTISAN PARTNERS LIMITED PARTNERSHIP, 875 EAST WISCONSIN AVE STE 800, MILWAUKEE WI 53202
Andrew A Ziegler director C/O ZIEGLER FAMILY OFFICE, 100 N. CORPORATE DRIVE, SUITE 190, BROOKFIELD WI 53045
Artisan Investment Corp director 875 EAST WISONSIN AVE STE 800, MILWAUKEE WI 53202
Hamman James S Jr officer: Executive Vice President 70 MUIRFIELD CIRCLE, WHEATON IL 60187
Stephanie Dimarco director 301 BRANNAN ST, SAN FRANCISCO CA 94107