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Cohen (COHN) Cyclically Adjusted PS Ratio : 0.17 (As of Apr. 30, 2024)


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What is Cohen Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Cohen's current share price is $6.54. Cohen's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $38.71. Cohen's Cyclically Adjusted PS Ratio for today is 0.17.

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

COHN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.15   Max: 0.82
Current: 0.17

During the past years, Cohen's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.06. And the median was 0.15.

COHN's Cyclically Adjusted PS Ratio is ranked better than
95.35% of 581 companies
in the Capital Markets industry
Industry Median: 3.03 vs COHN: 0.17

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.

Cohen's adjusted revenue per share data for the three months ended in Dec. 2023 was $22.644. 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 $38.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cohen Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cohen'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.

Cohen Cyclically Adjusted PS Ratio Chart

Cohen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.39 0.37 0.22 0.17

Cohen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.22 0.18 0.11 0.17 0.17

Competitive Comparison of Cohen's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Cohen'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.


Cohen's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Cohen 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.54/38.71
=0.17

* 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.

Cohen's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cohen'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)
=22.644/129.4194*129.4194
=22.644

Current CPI (Dec. 2023) = 129.4194.

Cohen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.531 99.695 8.478
201406 6.968 100.560 8.968
201409 5.175 100.428 6.669
201412 8.765 99.070 11.450
201503 6.250 99.621 8.119
201506 5.378 100.684 6.913
201509 6.291 100.392 8.110
201512 4.970 99.792 6.446
201603 7.353 100.470 9.472
201606 8.308 101.688 10.574
201609 8.163 101.861 10.371
201612 7.610 101.863 9.669
201703 7.232 102.862 9.099
201706 4.075 103.349 5.103
201709 5.731 104.136 7.122
201712 9.625 104.011 11.976
201803 5.477 105.290 6.732
201806 7.087 106.317 8.627
201809 7.293 106.507 8.862
201812 9.467 105.998 11.559
201903 6.687 107.251 8.069
201906 6.664 108.070 7.981
201909 6.723 108.329 8.032
201912 9.431 108.420 11.258
202003 4.509 108.902 5.359
202006 4.805 108.767 5.717
202009 4.272 109.815 5.035
202012 50.049 109.897 58.940
202103 20.316 111.754 23.527
202106 1.936 114.631 2.186
202109 1.579 115.734 1.766
202112 4.914 117.630 5.407
202203 -0.489 121.301 -0.522
202206 1.697 125.017 1.757
202209 16.421 125.227 16.971
202212 8.712 125.222 9.004
202303 1.608 127.348 1.634
202306 14.850 128.729 14.930
202309 3.093 129.860 3.083
202312 22.644 129.419 22.644

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.


Cohen  (AMEX:COHN) 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.


Cohen Cyclically Adjusted PS Ratio Related Terms

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


Cohen (COHN) Business Description

Traded in Other Exchanges
N/A
Address
2929 Arch Street, Cira Centre, Suite 1703, Philadelphia, PA, USA, 19104-2870
Cohen & Co Inc is a United states company that delivers financial services in fixed income markets. It is focused on small-cap banking institutions and has grown to provide an expanding range of capital markets and asset management services. It has three business segments. The Capital Markets segment, which is the key revenue driver, consists of fixed income sales, trading, matched book repo financing, new issue placements in corporate and securitized products, and advisory services. The Asset Management segment manages assets within collateralized debt obligations, managed accounts, joint ventures, and investment funds. The Principal Investing segment is comprised of investments to earn return rather than to support trading, matched book repo, or other Capital Markets segment activities.
Executives
G Steven Dawson director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Douglas Listman officer: Chief Accounting Officer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Daniel G Cohen director, 10 percent owner, officer: Vice Chairman and CE Europe 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Lester Raymond Brafman officer: Chief Executive Officer C/O INSTITUTIONAL FINANCIAL MARKETS, INC, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104
Pooler Joseph W. Jr. officer: EVP, CFO and Treasurer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Christopher Ricciardi director, other: Former10% Owner 51 SHELLBARK LANE, BRIARCLIFF MANOR NY 10510
Stephanie Ricciardi other: Former 10% Owner C/O MR. RICCIARDI COHEN & COMPANY INC., 135 EAST 57TH STREET, 21ST FLOOR, NEW YORK NY 10022
Neil S Subin director 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Thomas Costello director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
James Mcentee director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Diana Louise Liberto director C/O INSTITUTIONAL FINANCIAL MARKETS, INC, CIRA CENTER, 2929 ARCH STREET, 17TH FL., PHILADELPHIA PA 19103
Jack Dimaio director C/O DIMAIO AHMAD CAPITAL LLC, 245 PARK AVENUE, NEW YORK NY 10167
Mead Park Capital Partners Llc 10 percent owner 126 EAST 56TH STREET, NEW YORK NY 10022
Edward E Cohen 10 percent owner RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Ebc 2013 Family Trust 10 percent owner 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104