GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gladstone Capital Corp (NAS:GLAD) » Definitions » Cyclically Adjusted Revenue per Share

GLAD (Gladstone Capital) Cyclically Adjusted Revenue per Share : $2.72 (As of Dec. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Gladstone Capital 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.

Gladstone Capital's adjusted revenue per share for the three months ended in Dec. 2024 was $1.205. 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 $2.72 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Gladstone Capital's average Cyclically Adjusted Revenue Growth Rate was 25.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% 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 Gladstone Capital was 22.90% per year. The lowest was -13.40% per year. And the median was -5.50% per year.

As of today (2025-05-12), Gladstone Capital's current stock price is $25.87. Gladstone Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $2.72. Gladstone Capital's Cyclically Adjusted PS Ratio of today is 9.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gladstone Capital was 16.50. The lowest was 4.39. And the median was 10.06.


Gladstone Capital Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gladstone Capital'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.

Gladstone Capital Cyclically Adjusted Revenue per Share Chart

Gladstone Capital Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.98 2.29 2.23 2.62

Gladstone Capital 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 2.17 2.44 2.77 2.62 2.72

Competitive Comparison of Gladstone Capital's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Gladstone Capital'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.


Gladstone Capital's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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


;
;

Gladstone Capital 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, Gladstone Capital'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)
=1.205/133.1571*133.1571
=1.205

Current CPI (Dec. 2024) = 133.1571.

Gladstone Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.078 99.621 1.441
201506 0.425 100.684 0.562
201509 -0.373 100.392 -0.495
201512 -0.602 99.792 -0.803
201603 -0.398 100.470 -0.527
201606 0.621 101.688 0.813
201609 1.895 101.861 2.477
201612 0.198 101.863 0.259
201703 0.398 102.862 0.515
201706 0.541 103.349 0.697
201709 0.528 104.136 0.675
201712 0.615 104.011 0.787
201803 0.765 105.290 0.967
201806 1.004 106.317 1.257
201809 -0.648 106.507 -0.810
201812 -0.201 105.998 -0.253
201903 0.736 107.251 0.914
201906 0.687 108.070 0.846
201909 0.426 108.329 0.524
201912 0.043 108.420 0.053
202003 -1.829 108.902 -2.236
202006 0.960 108.767 1.175
202009 0.700 109.815 0.849
202012 0.808 109.897 0.979
202103 1.312 111.754 1.563
202106 1.082 114.631 1.257
202109 1.941 115.734 2.233
202112 0.670 117.630 0.758
202203 0.548 121.301 0.602
202206 -0.349 125.017 -0.372
202209 0.299 125.227 0.318
202212 0.377 125.222 0.401
202303 1.388 127.348 1.451
202306 0.608 128.729 0.629
202309 0.714 129.860 0.732
202312 0.921 129.419 0.948
202403 2.300 131.776 2.324
202406 0.938 132.554 0.942
202409 1.514 133.029 1.515
202412 1.205 133.157 1.205

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


Gladstone Capital  (NAS:GLAD) 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.

Gladstone Capital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.87/2.72
=9.51

* 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 Gladstone Capital was 16.50. The lowest was 4.39. And the median was 10.06.


Be Aware

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


Gladstone Capital Cyclically Adjusted Revenue per Share Related Terms

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


Gladstone Capital Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to, achieve and grow current income by investing in debt securities of established businesses that would provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness, and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit it to sell its equity investments for capital gains.
Executives
Michela A English director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Robert L Marcotte officer: President 1100 WILSON BOULEVARD, SUITE 3000, ARLINGTON VA 22209
Paula Novara director 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Schaltenbrand Nicole Frances Dubas officer: CFO and Treasurer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Michael Licalsi other: Affiliate of External Adviser 1521 WESTBRANCH DR., MCLEAN VA 22102
David Gladstone director, officer: CEO 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Caren D Merrick director 1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Terry Lee Brubaker director, officer: COO C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
John Dellafiora officer: Chief Compliance Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Melissa Morrison officer: Chief Accounting Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Jennifer A Smith officer: Valuation Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Anthony W Parker director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Terry Earhart director 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Paul W Adelgren director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102