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Goldmanchs BDC (Goldmanchs BDC) Cyclically Adjusted Revenue per Share : $1.66 (As of Dec. 2023)


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What is Goldmanchs BDC 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.

Goldmanchs BDC's adjusted revenue per share for the three months ended in Dec. 2023 was $0.496. 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 $1.66 for the trailing ten years ended in Dec. 2023.

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 (2024-04-30), Goldmanchs BDC's current stock price is $15.54. Goldmanchs BDC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.66. Goldmanchs BDC's Cyclically Adjusted PS Ratio of today is 9.36.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Goldmanchs BDC was 9.52. The lowest was 8.11. And the median was 8.94.


Goldmanchs BDC Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Goldmanchs BDC'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.

Goldmanchs BDC Cyclically Adjusted Revenue per Share Chart

Goldmanchs BDC 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 - - - - 1.66

Goldmanchs BDC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.55 1.62 1.66 1.66

Competitive Comparison of Goldmanchs BDC's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Goldmanchs BDC'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.


Goldmanchs BDC's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Goldmanchs BDC 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, Goldmanchs BDC's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.496/129.4194*129.4194
=0.496

Current CPI (Dec. 2023) = 129.4194.

Goldmanchs BDC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.356 99.695 0.462
201406 0.454 100.560 0.584
201409 0.423 100.428 0.545
201412 0.128 99.070 0.167
201503 0.510 99.621 0.663
201506 0.541 100.684 0.695
201509 0.425 100.392 0.548
201512 0.058 99.792 0.075
201603 0.192 100.470 0.247
201606 0.237 101.688 0.302
201609 0.676 101.861 0.859
201612 0.211 101.863 0.268
201703 0.443 102.862 0.557
201706 0.160 103.349 0.200
201709 0.491 104.136 0.610
201712 0.355 104.011 0.442
201803 0.510 105.290 0.627
201806 0.487 106.317 0.593
201809 0.521 106.507 0.633
201812 0.028 105.998 0.034
201903 0.094 107.251 0.113
201906 0.449 108.070 0.538
201909 0.267 108.329 0.319
201912 0.264 108.420 0.315
202003 -1.551 108.902 -1.843
202006 0.854 108.767 1.016
202009 0.803 109.815 0.946
202012 1.401 109.897 1.650
202103 0.496 111.754 0.574
202106 0.463 114.631 0.523
202109 0.381 115.734 0.426
202112 0.333 117.630 0.366
202203 0.352 121.301 0.376
202206 0.171 125.017 0.177
202209 -0.046 125.227 -0.048
202212 0.078 125.222 0.081
202303 0.281 127.348 0.286
202306 0.629 128.729 0.632
202309 0.507 129.860 0.505
202312 0.496 129.419 0.496

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


Goldmanchs BDC  (NYSE:GSBD) 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.

Goldmanchs BDC's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.54/1.66
=9.36

* 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 Goldmanchs BDC was 9.52. The lowest was 8.11. And the median was 8.94.


Be Aware

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


Goldmanchs BDC Cyclically Adjusted Revenue per Share Related Terms

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


Goldmanchs BDC (Goldmanchs BDC) Business Description

Traded in Other Exchanges
Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company's origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.
Executives
David Miller officer: See Remarks C/O GOLDMAN SACHS MML CORP., 200 WEST STREET, NEW YORK NY 10282
Jennifer Yang officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Greg Watts officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Justin Betzen officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Tucker Greene officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Gabriella Skirnick officer: See Remarks C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282
Alex Chi officer: See Remarks C/O GOLDMAN SACHS MML CORP., 200 WEST STREET, NEW YORK NY 10282
Susan B Mcgee director 7900 CALLAGHAN ROAD, SAN ANTONIO TX 78229
Ann B Lane director C/O DEALERTRACK HOLDINGS, INC., 1111 MARCUS AVENUE, SUITE M04, NEW YORK NY 11042
Jonathan Lamm, officer: See Remarks 200 WEST STREET, NEW YORK NY 10282
Joseph F Dimaria officer: Interim CFO & Interim Treas C/O BANK OF AMERICA INVESTMETN ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Richard A Mark director 2052 STONEBRIDGE CT, WHEATON IL 60189
Timothy J Leach director C/O UNITED STATES TRUST COMPANY, 114 WEST 47TH STREET, NEW YORK NY 10036-1532
Jordan Walter officer: Executive Vice President 200 WEST STREET, NEW YORK NY 10282

Goldmanchs BDC (Goldmanchs BDC) Headlines

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