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Franklin Resources (MEX:BEN) Cyclically Adjusted Revenue per Share : MXN329.45 (As of Mar. 2025)


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What is Franklin Resources 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.

Franklin Resources's adjusted revenue per share for the three months ended in Mar. 2025 was MXN83.084. 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 MXN329.45 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Franklin Resources's average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% 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 Franklin Resources was 27.50% per year. The lowest was 3.70% per year. And the median was 11.30% per year.

As of today (2025-05-24), Franklin Resources's current stock price is MXN426.06. Franklin Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN329.45. Franklin Resources's Cyclically Adjusted PS Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Franklin Resources was 5.08. The lowest was 1.07. And the median was 2.25.


Franklin Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Franklin Resources'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.

Franklin Resources Cyclically Adjusted Revenue per Share Chart

Franklin Resources 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 410.40 305.87 521.79 472.61 311.07

Franklin Resources 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 417.69 527.30 311.07 309.12 329.45

Competitive Comparison of Franklin Resources's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Franklin Resources'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.


Franklin Resources's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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


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Franklin Resources 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, Franklin Resources'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)
=83.084/134.9266*134.9266
=83.084

Current CPI (Mar. 2025) = 134.9266.

Franklin Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 51.112 100.684 68.495
201509 52.130 100.392 70.063
201512 50.575 99.792 68.381
201603 47.320 100.470 63.548
201606 52.209 101.688 69.274
201609 54.532 101.861 72.234
201612 56.934 101.863 75.414
201703 53.760 102.862 70.518
201706 52.403 103.349 68.414
201709 52.967 104.136 68.628
201712 57.613 104.011 74.737
201803 53.880 105.290 69.046
201806 57.405 106.317 72.853
201809 50.696 106.507 64.224
201812 54.258 105.998 69.066
201903 55.064 107.251 69.273
201906 56.472 108.070 70.506
201909 53.318 108.329 66.409
201912 52.898 108.420 65.830
202003 62.515 108.902 77.455
202006 54.617 108.767 67.753
202009 76.633 109.815 94.157
202012 80.713 109.897 99.096
202103 86.465 111.754 104.393
202106 88.291 114.631 103.923
202109 91.578 115.734 106.764
202112 92.995 117.630 106.670
202203 84.475 121.301 93.964
202206 83.758 125.017 90.397
202209 79.908 125.227 86.098
202212 78.235 125.222 84.298
202303 70.691 127.348 74.898
202306 68.694 128.729 72.001
202309 70.575 129.860 73.329
202312 69.271 129.419 72.219
202403 68.814 131.776 70.459
202406 75.197 132.554 76.543
202409 84.183 133.029 85.384
202412 90.619 133.157 91.823
202503 83.084 134.927 83.084

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


Franklin Resources  (MEX:BEN) 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.

Franklin Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=426.06/329.45
=1.29

* 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 Franklin Resources was 5.08. The lowest was 1.07. And the median was 2.25.


Be Aware

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


Franklin Resources Cyclically Adjusted Revenue per Share Related Terms

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


Franklin Resources Business Description

Traded in Other Exchanges
Address
One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of February 2025, Franklin had $1.577 trillion in managed assets, composed primarily of equity (39%), fixed-income (30%), multi-asset/balanced (11%) funds, alternatives (16%) and money market funds (4%). Distribution tends to be weighted not quite equally between retail investors (54% of AUM) and institutional accounts (43%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its assets under management invested in global/international strategies and just as much sourced from clients domiciled outside the United States.