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CIXXF (CI Financial) Cyclically Adjusted Revenue per Share : $9.61 (As of Mar. 2025)


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What is CI Financial 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.

CI Financial's adjusted revenue per share for the three months ended in Mar. 2025 was $4.405. 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 $9.61 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CI Financial's average Cyclically Adjusted Revenue Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 CI Financial was 15.00% per year. The lowest was 4.50% per year. And the median was 6.25% per year.

As of today (2025-05-18), CI Financial's current stock price is $22.47. CI Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $9.61. CI Financial's Cyclically Adjusted PS Ratio of today is 2.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CI Financial was 6.26. The lowest was 1.12. And the median was 2.75.


CI Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CI Financial'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.

CI Financial Cyclically Adjusted Revenue per Share Chart

CI Financial 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 6.04 6.95 7.58 8.84 9.22

CI Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.84 9.09 9.44 9.22 9.61

Competitive Comparison of CI Financial's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, CI Financial'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.


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

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

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


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CI Financial 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, CI Financial's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.405/129.1809*129.1809
=4.405

Current CPI (Mar. 2025) = 129.1809.

CI Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.448 100.500 1.861
201509 1.352 100.421 1.739
201512 1.302 99.947 1.683
201603 1.292 101.054 1.652
201606 1.353 102.002 1.714
201609 1.399 101.765 1.776
201612 1.424 101.449 1.813
201703 1.419 102.634 1.786
201706 1.468 103.029 1.841
201709 1.592 103.345 1.990
201712 1.697 103.345 2.121
201803 1.643 105.004 2.021
201806 1.627 105.557 1.991
201809 1.698 105.636 2.076
201812 1.594 105.399 1.954
201903 1.624 106.979 1.961
201906 1.670 107.690 2.003
201909 1.712 107.611 2.055
201912 1.802 107.769 2.160
202003 1.618 107.927 1.937
202006 1.612 108.401 1.921
202009 1.875 108.164 2.239
202012 2.103 108.559 2.502
202103 2.341 110.298 2.742
202106 2.590 111.720 2.995
202109 2.780 112.905 3.181
202112 2.970 113.774 3.372
202203 3.056 117.646 3.356
202206 2.950 120.806 3.155
202209 2.843 120.648 3.044
202212 2.909 120.964 3.107
202303 2.972 122.702 3.129
202306 3.079 124.203 3.202
202309 3.624 125.230 3.738
202312 3.637 125.072 3.756
202403 3.885 126.258 3.975
202406 3.218 127.522 3.260
202409 4.448 127.285 4.514
202412 4.526 127.364 4.591
202503 4.405 129.181 4.405

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


CI Financial  (OTCPK:CIXXF) 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.

CI Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.47/9.61
=2.34

* 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 CI Financial was 6.26. The lowest was 1.12. And the median was 2.75.


Be Aware

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


CI Financial Cyclically Adjusted Revenue per Share Related Terms

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


CI Financial Business Description

Traded in Other Exchanges
Address
15 York Street, 2nd Floor, Legal Department, Toronto, ON, CAN, M5J 0A3
CI Financial is a provider of asset- and wealth-management products and services. The company has a decent share in the Canadian fund market (fifth behind Royal Bank of Canada, Toronto-Dominion, IGM Financial, and Fidelity at the end of last year) and remains the second-largest non-bank-affiliated asset manager in the Canadian market, with CAD 135.4 billion in assets under management (including CAD 36.0 billion in AUM managed for its CI Assante Wealth Management, CI Private Counsel, and Aligned Capital Partners subsidiaries) at the end of September. The firm also had CAD 350.7 billion in assets under advisement (including CAD 250.6 billion from its US wealth-management operations and CAD 100.1 billion from its Canadian wealth-management partners) and CAD 31.9 billion in custody assets.