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

PSEC (Prospect Capital) Cyclically Adjusted Revenue per Share : $0.93 (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Prospect 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.

Prospect Capital's adjusted revenue per share for the three months ended in Dec. 2024 was $0.034. 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 $0.93 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Prospect Capital's average Cyclically Adjusted Revenue Growth Rate was -10.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.90% 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 Prospect Capital was 3.40% per year. The lowest was -9.40% per year. And the median was -6.70% per year.

As of today (2025-05-13), Prospect Capital's current stock price is $3.69. Prospect Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $0.93. Prospect Capital's Cyclically Adjusted PS Ratio of today is 3.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Prospect Capital was 8.00. The lowest was 3.81. And the median was 5.68.


Prospect Capital Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Prospect 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.

Prospect Capital Cyclically Adjusted Revenue per Share Chart

Prospect Capital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.21 1.25 1.10 1.02

Prospect 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 1.04 1.04 1.02 0.96 0.93

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

For the Asset Management subindustry, Prospect 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.


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

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

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


;
;

Prospect 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, Prospect 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)
=0.034/133.1571*133.1571
=0.034

Current CPI (Dec. 2024) = 133.1571.

Prospect Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.247 99.621 0.330
201506 0.358 100.684 0.473
201509 0.110 100.392 0.146
201512 -0.242 99.792 -0.323
201603 0.233 100.470 0.309
201606 0.341 101.688 0.447
201609 0.250 101.861 0.327
201612 0.299 101.863 0.391
201703 0.076 102.862 0.098
201706 0.244 103.349 0.314
201709 0.056 104.136 0.072
201712 0.345 104.011 0.442
201803 0.167 105.290 0.211
201806 0.354 106.317 0.443
201809 0.269 106.507 0.336
201812 -0.132 105.998 -0.166
201903 0.281 107.251 0.349
201906 0.092 108.070 0.113
201909 0.088 108.329 0.108
201912 0.027 108.420 0.033
202003 -0.486 108.902 -0.594
202006 0.420 108.767 0.514
202009 0.484 109.815 0.587
202012 0.846 109.897 1.025
202103 0.690 111.754 0.822
202106 0.613 114.631 0.712
202109 0.559 115.734 0.643
202112 0.641 117.630 0.726
202203 0.410 121.301 0.450
202206 -0.108 125.017 -0.115
202209 -0.204 125.227 -0.217
202212 0.150 125.222 0.160
202303 -0.175 127.348 -0.183
202306 0.045 128.729 0.047
202309 0.197 129.860 0.202
202312 -0.018 129.419 -0.019
202403 0.235 131.776 0.237
202406 0.077 132.554 0.077
202409 -0.274 133.029 -0.274
202412 0.034 133.157 0.034

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


Prospect Capital  (NAS:PSEC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.69/0.93
=3.97

* 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 Prospect Capital was 8.00. The lowest was 3.81. And the median was 5.68.


Be Aware

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


Prospect Capital Cyclically Adjusted Revenue per Share Related Terms

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


Prospect Capital Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.
Executives
John F Barry director, officer: Chief Executive Officer C/O PROSPECT ENERGY CORPORATION, 10 EAST 40TH STREET, 42TH FLOOR, NEW YORK NY 10016
William Gremp director 10 E. 40TH ST, 44TH FLOOR, NEW YORK NY 10016
M Grier Eliasek director, officer: President and COO C/O PROSPECT ENERGY CORPORATION, 10 E. 40TH STREET, 40TH FLOOR, NEW YORK NY 10016
Van Dask Kristin Lea officer: CFO, TREASURER, SECRETARY, CCO 10 EAST 40TH ST, NEW YORK NY 10016
Eugene S Stark officer: Chief Financial Officer GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Brian H Oswald officer: CCO and Secretary, other: CCO and Secretary
Matthew C. Barry other: Family Insider 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Graham Anderson director 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Andrew C. Cooper director 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Robert Everett other: VP 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Simon Marom other: VP- Legal 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Robert Kleinman other: Senior VP 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
David Belzer other: Managing Director 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Amir Friedman other: VP 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
William Montgomery Cook other: Managing Director 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016