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PFSI (PennyMac Financial Services) Cyclically Adjusted Revenue per Share : $33.03 (As of Dec. 2024)


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What is PennyMac Financial Services 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.

PennyMac Financial Services's adjusted revenue per share for the three months ended in Dec. 2024 was $13.028. 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 $33.03 for the trailing ten years ended in Dec. 2024.

During the past 12 months, PennyMac Financial Services's average Cyclically Adjusted Revenue Growth Rate was 16.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% 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 PennyMac Financial Services was 12.90% per year. The lowest was 12.90% per year. And the median was 12.90% per year.

As of today (2025-04-13), PennyMac Financial Services's current stock price is $93.31. PennyMac Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $33.03. PennyMac Financial Services's Cyclically Adjusted PS Ratio of today is 2.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PennyMac Financial Services was 3.73. The lowest was 1.69. And the median was 2.80.


PennyMac Financial Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PennyMac Financial Services'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.

PennyMac Financial Services Cyclically Adjusted Revenue per Share Chart

PennyMac Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 22.94 24.85 28.35 33.03

PennyMac Financial Services 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 28.35 29.62 30.89 31.92 33.03

Competitive Comparison of PennyMac Financial Services's Cyclically Adjusted Revenue per Share

For the Mortgage Finance subindustry, PennyMac Financial Services'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.


PennyMac Financial Services's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PennyMac Financial Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PennyMac Financial Services's Cyclically Adjusted PS Ratio falls into.


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PennyMac Financial Services 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, PennyMac Financial Services'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)
=13.028/133.1571*133.1571
=13.028

Current CPI (Dec. 2024) = 133.1571.

PennyMac Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 2.001 99.621 2.675
201506 2.795 100.684 3.696
201509 2.760 100.392 3.661
201512 2.668 99.792 3.560
201603 2.157 100.470 2.859
201606 3.058 101.688 4.004
201609 4.177 101.861 5.460
201612 3.836 101.863 5.015
201703 3.033 102.862 3.926
201706 3.073 103.349 3.959
201709 3.738 104.136 4.780
201712 13.380 104.011 17.129
201803 3.458 105.290 4.373
201806 3.512 106.317 4.399
201809 3.670 106.507 4.588
201812 3.823 105.998 4.803
201903 3.595 107.251 4.463
201906 4.486 108.070 5.527
201909 11.216 108.329 13.787
201912 -5.841 108.420 -7.174
202003 9.562 108.902 11.692
202006 10.871 108.767 13.309
202009 17.173 109.815 20.823
202012 -3.146 109.897 -3.812
202103 14.388 111.754 17.144
202106 12.169 114.631 14.136
202109 13.364 115.734 15.376
202112 12.687 117.630 14.362
202203 8.826 121.301 9.689
202206 8.311 125.017 8.852
202209 10.176 125.227 10.820
202212 8.375 125.222 8.906
202303 12.578 127.348 13.152
202306 10.912 128.729 11.287
202309 10.601 129.860 10.870
202312 10.094 129.419 10.386
202403 9.416 131.776 9.515
202406 13.445 132.554 13.506
202409 11.765 133.029 11.776
202412 13.028 133.157 13.028

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


PennyMac Financial Services  (NYSE:PFSI) 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.

PennyMac Financial Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=93.31/33.03
=2.83

* 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 PennyMac Financial Services was 3.73. The lowest was 1.69. And the median was 2.80.


Be Aware

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


PennyMac Financial Services Cyclically Adjusted Revenue per Share Related Terms

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


PennyMac Financial Services Business Description

Traded in Other Exchanges
N/A
Address
3043 Townsgate Road, Suite 200, Westlake Village, CA, USA, 91361
PennyMac Financial Services Inc is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. residential mortgage loans. The company operates through two segments: production and servicing. The production segment performs loan origination, acquisition and sale activities. The servicing segment performs loan servicing for newly originated loans.
Executives
David Spector director, officer: Chairman & CEO C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Doug Jones officer: Chief Mtge Bnkg Ofcr C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Derek Stark officer: Chief Legal Officer 4500 PARK GRANADA, CALABASAS CA 91302
James Follette officer: Chief Mort Fulfillment Off. PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Daniel Stanley Perotti officer: Chief Financial Officer C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
Gregory L Hendry officer: MD, Chief Accounting Officer 3300 LAKE AVENUE, ALTADENA CA 91001
Steven Richard Bailey officer: Chief Servicing Officer C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
James K Hunt director THL CREDIT GROUP, 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Anne Mccallion director C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Joseph F Mazzella director C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
William Herbert Chang officer: Chief Capital Markets Officer PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Patrick Kinsella director C/O PENNYMAC, 6101 CONDOR DRIVE, MOORPARK CA 93021
Donald J. White officer: Chief Risk Officer PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Vandad Fartaj officer: Chief Investment Officer C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
Mfn Partners, Lp director 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116