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PJT Partners (FRA:1PJ) Cyclically Adjusted Revenue per Share : €34.58 (As of Mar. 2024)


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What is PJT Partners 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.

PJT Partners's adjusted revenue per share for the three months ended in Mar. 2024 was €10.758. 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 €34.58 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-19), PJT Partners's current stock price is €95.50. PJT Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €34.58. PJT Partners's Cyclically Adjusted PS Ratio of today is 2.76.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of PJT Partners was 2.92. The lowest was 1.98. And the median was 2.56.


PJT Partners Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PJT Partners'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.

PJT Partners Cyclically Adjusted Revenue per Share Chart

PJT Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 32.43

PJT Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 32.06 33.86 32.43 34.58

Competitive Comparison of PJT Partners's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, PJT Partners'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.


PJT Partners's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



PJT Partners 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, PJT Partners'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)
=10.758/131.7762*131.7762
=10.758

Current CPI (Mar. 2024) = 131.7762.

PJT Partners Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.269 100.560 2.973
201409 1.817 100.428 2.384
201412 3.547 99.070 4.718
201503 2.239 99.621 2.962
201506 3.594 100.684 4.704
201509 7.306 100.392 9.590
201512 5.305 99.792 7.005
201603 5.763 100.470 7.559
201606 4.423 101.688 5.732
201609 6.006 101.861 7.770
201612 9.136 101.863 11.819
201703 6.108 102.862 7.825
201706 5.252 103.349 6.697
201709 3.542 104.136 4.482
201712 8.685 104.011 11.003
201803 5.549 105.290 6.945
201806 5.398 106.317 6.691
201809 5.646 106.507 6.986
201812 6.826 105.998 8.486
201903 4.777 107.251 5.869
201906 6.384 108.070 7.784
201909 6.856 108.329 8.340
201912 9.697 108.420 11.786
202003 7.525 108.902 9.106
202006 8.578 108.767 10.393
202009 10.616 109.815 12.739
202012 11.114 109.897 13.327
202103 4.051 111.754 4.777
202106 8.156 114.631 9.376
202109 8.087 115.734 9.208
202112 11.400 117.630 12.771
202203 8.423 121.301 9.150
202206 8.348 125.017 8.799
202209 10.134 125.227 10.664
202212 9.797 125.222 10.310
202303 6.939 127.348 7.180
202306 12.137 128.729 12.424
202309 9.789 129.860 9.933
202312 11.880 129.419 12.096
202403 10.758 131.776 10.758

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


PJT Partners  (FRA:1PJ) 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.

PJT Partners's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=95.50/34.58
=2.76

* 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 12 years, the highest Cyclically Adjusted PS Ratio of PJT Partners was 2.92. The lowest was 1.98. And the median was 2.56.


Be Aware

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


PJT Partners Cyclically Adjusted Revenue per Share Related Terms

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


PJT Partners (FRA:1PJ) Business Description

Industry
Traded in Other Exchanges
Address
280 Park Avenue, New York, NY, USA, 10017
PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement fees, and others. Geographically, It generates a majority of its revenue from the United States.

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