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BX (Blackstone) Cyclically Adjusted PS Ratio : 14.41 (As of Jul. 03, 2025)


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What is Blackstone Cyclically Adjusted PS Ratio?

As of today (2025-07-03), Blackstone's current share price is $155.105. Blackstone's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $10.76. Blackstone's Cyclically Adjusted PS Ratio for today is 14.41.

The historical rank and industry rank for Blackstone's Cyclically Adjusted PS Ratio or its related term are showing as below:

BX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.55   Med: 7.27   Max: 18.48
Current: 14.27

During the past years, Blackstone's highest Cyclically Adjusted PS Ratio was 18.48. The lowest was 1.55. And the median was 7.27.

BX's Cyclically Adjusted PS Ratio is ranked worse than
79.66% of 870 companies
in the Asset Management industry
Industry Median: 8.18 vs BX: 14.27

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.

Blackstone's adjusted revenue per share data for the three months ended in Mar. 2025 was $3.659. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $10.76 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackstone Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Blackstone's Cyclically Adjusted PS Ratio 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.

Blackstone Cyclically Adjusted PS Ratio Chart

Blackstone Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.59 13.35 7.14 12.57 16.07

Blackstone Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio 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 12.27 11.64 14.22 16.07 12.99

Competitive Comparison of Blackstone's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Blackstone'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.


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

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

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


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Blackstone Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Blackstone's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=155.105/10.76
=14.41

* 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.

Blackstone's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Blackstone's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.659/134.9266*134.9266
=3.659

Current CPI (Mar. 2025) = 134.9266.

Blackstone Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.707 100.684 2.288
201509 0.139 100.392 0.187
201512 1.276 99.792 1.725
201603 0.691 100.470 0.928
201606 0.857 101.688 1.137
201609 1.018 101.861 1.348
201612 1.041 101.863 1.379
201703 1.287 102.862 1.688
201706 1.084 103.349 1.415
201709 1.167 104.136 1.512
201712 2.291 104.011 2.972
201803 1.213 105.290 1.554
201806 3.344 106.317 4.244
201809 1.299 106.507 1.646
201812 0.401 105.998 0.510
201903 1.445 107.251 1.818
201906 1.936 108.070 2.417
201909 2.180 108.329 2.715
201912 2.442 108.420 3.039
202003 -3.144 108.902 -3.895
202006 1.771 108.767 2.197
202009 3.488 109.815 4.286
202012 3.959 109.897 4.861
202103 5.772 111.754 6.969
202106 5.355 114.631 6.303
202109 6.170 115.734 7.193
202112 5.827 117.630 6.684
202203 5.278 121.301 5.871
202206 1.075 125.017 1.160
202209 1.312 125.227 1.414
202212 2.044 125.222 2.202
202303 1.743 127.348 1.847
202306 3.248 128.729 3.404
202309 2.817 129.860 2.927
202312 1.458 129.419 1.520
202403 4.010 131.776 4.106
202406 2.981 132.554 3.034
202409 3.757 133.029 3.811
202412 3.515 133.157 3.562
202503 3.659 134.927 3.659

Add all the adjusted revenue per share together and divide 10 will get our 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.


Blackstone  (NYSE:BX) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Blackstone Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Blackstone's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackstone Business Description

Address
345 Park Avenue, New York, NY, USA, 10154
Blackstone is the world's largest alternative-asset manager with $1.167 trillion in total asset under management, including $860.1 billion in fee-earning assets under management, at the end of March 2025. The company has four core business segments: private equity (26% of fee-earning AUM and 30% of base management fees), real estate (34% and 40%), credit and insurance (32% and 23%), and multi-asset investing (8% and 7%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
Executives
John G Finley officer: Chief Legal Officer C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Ruth Porat director C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
Joseph Baratta director C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
David Payne officer: Chief Accounting Officer C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Reginald J Brown director C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
William G Parrett director THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
James Breyer director ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Hamilton E James director, officer: President and COO JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jonathan Gray director C/O THE BLACKSTONE GROUP, 345 PARK AVE. 31ST FL., NEW YORK NY 10154
Joan Solotar officer: SMD - Public Market Activities THE BLACKSTONE GROUP L.P.,, 345 PARK AVENUE, NEW YORK NY 10154
Christopher Striano officer: Principal Accounting Officer C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
John A. Hood director C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Kelly Ayotte director C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Bennett J Goodman director C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
J Tomilson Hill director, officer: Vice Chairman