Pinetree Capital (TSX:PNP) Cyclically Adjusted Revenue per Share: C$ (As of Jun. 2026)

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TSX:PNP Pinetree Capital Ltd TSX:PNP
48 GF Score
Price C$9.55
GF Value C$0.27
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Pinetree Capital Cyclically Adjusted Revenue per Share?

Pinetree Capital TSX:PNP +0.11% 48 Cyclically Adjusted Revenue per Share is C$ as of Jun. 2026. GuruFocus rates TSX:PNP with a GF Score™ of 48/100 and a GF Value™ of C$0.27 (Significantly Overvalued). The stock has 2 warning signs investors should review.

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.

Pinetree Capital's adjusted revenue per share for the three months ended in Jun. 2026 was C$-0.149. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is C$ for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 85.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 72.70% 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 Pinetree Capital was 85.90% per year. The lowest was -75.20% per year. And the median was 0.75% per year.

As of today (2026-09-22), Pinetree Capital's current stock price is C$9.55. Pinetree Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$. Pinetree Capital's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pinetree Capital was 16.50. The lowest was 0.09. And the median was 0.46.


Pinetree Capital  (TSX:PNP) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pinetree Capital was 16.50. The lowest was 0.09. And the median was 0.46.


Be Aware

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


Pinetree Capital Cyclically Adjusted Revenue per Share Related Terms


Pinetree Capital Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Pinetree 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.

Pinetree Capital Cyclically Adjusted Revenue per Share Chart

Pinetree Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
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Pinetree Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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TSX:PNP vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Pinetree 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.


Pinetree Capital Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


TSX:PNP
48GF Score
Pinetree Capital Ltd TSX:PNP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pinetree 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, Pinetree Capital's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.149/133.5265*133.5265
=-0.149

Current CPI (Jun. 2026) = 133.5265.

Pinetree Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 -1.731 101.765 -2.271
201612 -0.913 101.449 -1.202
201703 0.212 102.634 0.276
201706 -0.993 103.029 -1.287
201709 0.005 103.345 0.006
201712 -3.090 103.345 -3.992
201803 -0.741 105.004 -0.942
201806 -0.214 105.557 -0.271
201809 -0.126 105.636 -0.159
201812 0.048 105.399 0.061
201903 -2.540 106.979 -3.170
201906 -0.473 107.690 -0.586
201909 -0.869 107.611 -1.078
201912 -0.509 107.769 -0.631
202003 -0.161 107.927 -0.199
202006 -0.564 108.401 -0.695
202009 0.033 108.164 0.041
202012 -0.190 108.559 -0.234
202103 0.058 110.298 0.070
202106 0.031 111.720 0.037
202109 0.101 112.905 0.119
202112 -0.248 113.774 -0.291
202203 0.083 117.646 0.094
202206 -0.107 120.806 -0.118
202209 0.149 120.648 0.165
202212 0.156 120.964 0.172
202303 -0.196 122.702 -0.213
202306 0.195 124.203 0.210
202309 0.027 125.230 0.029
202312 -0.123 125.072 -0.131
202403 0.177 126.258 0.187
202406 0.337 127.522 0.353
202409 0.078 127.285 0.082
202412 0.272 127.364 0.285
202503 0.860 129.181 0.889
202506 0.269 129.892 0.277
202509 0.449 130.287 0.460
202512 0.285 130.366 0.292
202603 -0.043 132.262 -0.043
202606 -0.149 133.527 -0.149

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

What does a Cyclically Adjusted Revenue per Share of C$ mean?
Pinetree Capital (TSX:PNP) has a Cyclically Adjusted Revenue per Share of C$ as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Pinetree Capital and its competitors.
Is Pinetree Capital's Cyclically Adjusted Revenue per Share too high?
Pinetree Capital's current Cyclically Adjusted Revenue per Share is C$. Overall, Pinetree Capital has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pinetree Capital's Cyclically Adjusted Revenue per Share compare to BLK and BX?
Pinetree Capital's Cyclically Adjusted Revenue per Share of C$ can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Pinetree Capital and its competitors. Pinetree Capital's current Cyclically Adjusted Revenue per Share is C$. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinetree Capital stock overvalued right now?
Based on GuruFocus' analysis, Pinetree Capital (TSX:PNP) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.27, compared to a current price of C$9.55 — trading 3437% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$. Pinetree Capital's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Pinetree Capital (TSX:PNP), the current Cyclically Adjusted Revenue per Share is C$ as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pinetree Capital (TSX:PNP) Overvalued in 2026?

Based on GuruFocus' analysis, Pinetree Capital stock appears to be overvalued. The current stock price of C$9.55 is trading 3437% above its estimated GF Value™ of C$0.27. GuruFocus considers Pinetree Capital to be Significantly Overvalued.

Key valuation signals for TSX:PNP:

  • Cyclically Adjusted Revenue per Share: C$
  • GF Value™: C$0.27 vs. price of C$9.55 (3437% above fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the TSX:PNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pinetree Capital Business Description

Other Exchanges PNPFF:USAPI1:Germany
Address 49 Leuty Avenue, Toronto, ON, CAN, M4E 2R2
Pinetree Capital Ltd is a value-oriented investment company focused on enterprise software and technology. The Company operates mainly in Canada.
48GF Score

Get the complete analysis for TSX:PNP

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$9.55
Price
C$0.27
GF Value