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Virtus Investment Partners (FRA:VIP) Cyclically Adjusted Revenue per Share : €80.42 (As of Mar. 2024)


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What is Virtus Investment 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.

Virtus Investment Partners's adjusted revenue per share for the three months ended in Mar. 2024 was €27.910. 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 €80.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Virtus Investment Partners's average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.70% 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 Virtus Investment Partners was 17.20% per year. The lowest was 10.90% per year. And the median was 12.20% per year.

As of today (2024-05-17), Virtus Investment Partners's current stock price is €214.00. Virtus Investment Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €80.42. Virtus Investment Partners's Cyclically Adjusted PS Ratio of today is 2.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Virtus Investment Partners was 5.70. The lowest was 1.29. And the median was 2.83.


Virtus Investment Partners Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Virtus Investment 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.

Virtus Investment Partners Cyclically Adjusted Revenue per Share Chart

Virtus Investment 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 43.75 43.21 59.12 73.12 79.60

Virtus Investment 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 70.41 77.77 80.90 79.60 80.42

Competitive Comparison of Virtus Investment Partners's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Virtus Investment 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.


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

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

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



Virtus Investment 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, Virtus Investment 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)
=27.91/131.7762*131.7762
=27.910

Current CPI (Mar. 2024) = 131.7762.

Virtus Investment Partners Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.873 100.560 11.627
201409 9.821 100.428 12.887
201412 9.824 99.070 13.067
201503 10.414 99.621 13.775
201506 9.769 100.684 12.786
201509 9.351 100.392 12.274
201512 9.037 99.792 11.933
201603 8.458 100.470 11.093
201606 8.549 101.688 11.079
201609 9.314 101.861 12.049
201612 11.409 101.863 14.759
201703 10.911 102.862 13.978
201706 11.840 103.349 15.097
201709 12.199 104.136 15.437
201712 14.441 104.011 18.296
201803 12.421 105.290 15.546
201806 13.520 106.317 16.758
201809 15.406 106.507 19.061
201812 13.896 105.998 17.275
201903 13.867 107.251 17.038
201906 15.043 108.070 18.343
201909 16.224 108.329 19.736
201912 16.510 108.420 20.067
202003 17.608 108.902 21.307
202006 14.929 108.767 18.087
202009 16.423 109.815 19.707
202012 17.546 109.897 21.039
202103 22.552 111.754 26.592
202106 25.172 114.631 28.937
202109 26.712 115.734 30.415
202112 29.554 117.630 33.108
202203 29.093 121.301 31.605
202206 27.877 125.017 29.384
202209 28.306 125.227 29.786
202212 25.092 125.222 26.405
202303 24.830 127.348 25.693
202306 26.540 128.729 27.168
202309 27.716 129.860 28.125
202312 26.789 129.419 27.277
202403 27.910 131.776 27.910

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


Virtus Investment Partners  (FRA:VIP) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=214.00/80.42
=2.66

* 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 Virtus Investment Partners was 5.70. The lowest was 1.29. And the median was 2.83.


Be Aware

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


Virtus Investment Partners Cyclically Adjusted Revenue per Share Related Terms

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


Virtus Investment Partners (FRA:VIP) Business Description

Traded in Other Exchanges
Address
One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.

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