VCTR (Victory Capital Holdings) Cyclically Adjusted Revenue per Share: $13.38 (As of Jun. 2026)

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VCTR Victory Capital Holdings Inc VCTR
94 GF Score
Price $112.37
GF Value $99.69
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Victory Capital Holdings Cyclically Adjusted Revenue per Share?

Victory Capital Holdings VCTR -2.97% 94 Cyclically Adjusted Revenue per Share is $13.38 as of Jun. 2026. GuruFocus rates VCTR with a GF Score™ of 94/100 and a GF Value™ of $99.69 (Modestly Overvalued). The stock has 6 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.

Victory Capital Holdings's adjusted revenue per share for the three months ended in Jun. 2026 was $6.934. 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 $13.38 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-20), Victory Capital Holdings's current stock price is $112.37. Victory Capital Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $13.38. Victory Capital Holdings's Cyclically Adjusted PS Ratio of today is 8.40.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Victory Capital Holdings was 8.84. The lowest was 4.89. And the median was 6.64.


Victory Capital Holdings  (NAS:VCTR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=112.37/13.38
=8.40

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Victory Capital Holdings was 8.84. The lowest was 4.89. And the median was 6.64.


Be Aware

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


Victory Capital Holdings Cyclically Adjusted Revenue per Share Related Terms


Victory Capital Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Victory Capital Holdings'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.

Victory Capital Holdings Cyclically Adjusted Revenue per Share Chart

Victory Capital Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Victory Capital Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 12.87 13.38

VCTR vs OWL, BXSL, OBDC: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Victory Capital Holdings'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.


Victory Capital Holdings Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


VCTR
94GF Score
Victory Capital Holdings Inc VCTR
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Victory Capital Holdings 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, Victory Capital Holdings'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)
=6.934/333.9520*333.9520
=6.934

Current CPI (Jun. 2026) = 333.9520.

Victory Capital Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.210 241.428 1.674
201612 1.377 241.432 1.905
201703 1.413 243.801 1.935
201706 1.417 244.955 1.932
201709 1.858 246.819 2.514
201712 1.917 246.524 2.597
201803 1.584 249.554 2.120
201806 1.447 251.989 1.918
201809 1.504 252.439 1.990
201812 1.341 251.233 1.783
201903 1.210 254.202 1.590
201906 1.243 256.143 1.621
201909 2.918 256.759 3.795
201912 2.955 256.974 3.840
202003 2.749 258.115 3.557
202006 2.485 257.797 3.219
202009 2.569 260.280 3.296
202012 2.716 260.474 3.482
202103 2.873 264.877 3.622
202106 2.992 271.696 3.678
202109 3.056 274.310 3.720
202112 3.091 278.802 3.702
202203 3.123 287.504 3.628
202206 2.964 296.311 3.341
202209 2.884 296.808 3.245
202212 2.851 296.797 3.208
202303 2.887 301.836 3.194
202306 2.981 305.109 3.263
202309 3.098 307.789 3.361
202312 3.074 306.746 3.347
202403 3.272 312.332 3.498
202406 3.324 314.175 3.533
202409 3.416 315.301 3.618
202412 3.543 315.605 3.749
202503 3.393 319.799 3.543
202506 5.166 322.561 5.348
202509 5.394 324.800 5.546
202512 5.699 324.054 5.873
202603 6.026 330.213 6.094
202606 6.934 333.952 6.934

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 $13.38 mean?
Victory Capital Holdings (VCTR) has a Cyclically Adjusted Revenue per Share of $13.38 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 Victory Capital Holdings and its competitors.
Is Victory Capital Holdings' Cyclically Adjusted Revenue per Share too high?
Victory Capital Holdings' current Cyclically Adjusted Revenue per Share is $13.38. Overall, Victory Capital Holdings has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victory Capital Holdings' Cyclically Adjusted Revenue per Share compare to OWL and BXSL?
Victory Capital Holdings' Cyclically Adjusted Revenue per Share of $13.38 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 Victory Capital Holdings and its competitors. Victory Capital Holdings's current Cyclically Adjusted Revenue per Share is $13.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Capital Holdings stock overvalued right now?
Based on GuruFocus' analysis, Victory Capital Holdings (VCTR) is currently considered Modestly Overvalued. The stock's GF Value™ is $99.69, compared to a current price of $112.37 — trading 12.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $13.38. Victory Capital Holdings' overall GF Score™ is 94/100 with 6 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 Victory Capital Holdings (VCTR), the current Cyclically Adjusted Revenue per Share is $13.38 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 Victory Capital Holdings (VCTR) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Capital Holdings stock appears to be overvalued. The current stock price of $112.37 is trading 12.7% above its estimated GF Value™ of $99.69. GuruFocus considers Victory Capital Holdings to be Modestly Overvalued.

Key valuation signals for VCTR:

  • Cyclically Adjusted Revenue per Share: $13.38
  • GF Value™: $99.69 vs. price of $112.37 (12.7% above fair value)
  • GF Score™: 94/100 with 6 warning signs

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


Victory Capital Holdings Business Description

Address 15935 La Cantera Parkway, San Antonio, TX, USA, 78256
Victory Capital Holdings Inc is a diversified investment management firm. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. Its offerings include actively and passively managed mutual funds, rules-based and active exchange traded funds (ETFs), institutional separate accounts, variable insurance products (VIPs), alternative investments, private closed end funds, and a 529 Education Savings Plan. The company operates in one operating and reportable segment that provides investment management services and products to institutional, intermediary, retirement platforms and individual investors. The majority of the company's revenue consists of Investment management fees.
94GF Score

Get the complete analysis for VCTR

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

$112.37
Price
$99.69
GF Value