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Sprott (Sprott) Cyclically Adjusted Revenue per Share : $4.40 (As of Dec. 2023)


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What is Sprott 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.

Sprott's adjusted revenue per share for the three months ended in Dec. 2023 was $1.418. 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 $4.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sprott's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -6.80% 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 Sprott was 1.40% per year. The lowest was -13.20% per year. And the median was -10.70% per year.

As of today (2024-05-01), Sprott's current stock price is $39.32. Sprott's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.40. Sprott's Cyclically Adjusted PS Ratio of today is 8.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sprott was 12.11. The lowest was 2.10. And the median was 6.62.


Sprott Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sprott'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.

Sprott Cyclically Adjusted Revenue per Share Chart

Sprott 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 5.82 4.38 4.31 4.07 4.40

Sprott 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 4.07 4.10 4.26 4.23 4.40

Competitive Comparison of Sprott's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Sprott'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.


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

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

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



Sprott 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, Sprott'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)
=1.418/125.4675*125.4675
=1.418

Current CPI (Dec. 2023) = 125.4675.

Sprott Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.784 98.604 0.998
201406 0.869 99.473 1.096
201409 0.820 99.394 1.035
201412 0.928 98.367 1.184
201503 0.662 99.789 0.832
201506 0.683 100.500 0.853
201509 0.633 100.421 0.791
201512 0.784 99.947 0.984
201603 0.639 101.054 0.793
201606 0.814 102.002 1.001
201609 0.862 101.765 1.063
201612 1.296 101.449 1.603
201703 0.878 102.634 1.073
201706 0.926 103.029 1.128
201709 0.636 103.345 0.772
201712 0.655 103.345 0.795
201803 0.737 105.004 0.881
201806 0.675 105.557 0.802
201809 0.554 105.636 0.658
201812 0.461 105.399 0.549
201903 0.527 106.979 0.618
201906 0.514 107.690 0.599
201909 0.648 107.611 0.756
201912 0.744 107.769 0.866
202003 0.790 107.927 0.918
202006 0.859 108.401 0.994
202009 1.134 108.164 1.315
202012 1.509 108.559 1.744
202103 1.653 110.298 1.880
202106 1.249 111.720 1.403
202109 1.536 112.905 1.707
202112 1.793 113.774 1.977
202203 1.610 117.646 1.717
202206 1.407 120.806 1.461
202209 1.339 120.648 1.392
202212 1.343 120.964 1.393
202303 1.379 122.702 1.410
202306 1.344 124.203 1.358
202309 1.286 125.230 1.288
202312 1.418 125.468 1.418

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


Sprott  (NYSE:SII) 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.

Sprott's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.32/4.4
=8.94

* 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 Sprott was 12.11. The lowest was 2.10. And the median was 6.62.


Be Aware

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


Sprott Cyclically Adjusted Revenue per Share Related Terms

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


Sprott (Sprott) Business Description

Industry
Traded in Other Exchanges
Address
200 Bay Street, South Tower, Suite 2600, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Inc is an alternative asset manager operating in Canada. The company has five reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Private strategies; Brokerage segment includes activities of Canadian and U.S. broker-dealers; Corporate; and Others.

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