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Evercore (Evercore) Cyclically Adjusted PS Ratio : 3.55 (As of May. 15, 2024)


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What is Evercore Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Evercore's current share price is $196.695. Evercore's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $55.33. Evercore's Cyclically Adjusted PS Ratio for today is 3.55.

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

EVR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.72   Max: 4.41
Current: 3.54

During the past years, Evercore's highest Cyclically Adjusted PS Ratio was 4.41. The lowest was 1.17. And the median was 2.72.

EVR's Cyclically Adjusted PS Ratio is ranked worse than
54.48% of 580 companies
in the Capital Markets industry
Industry Median: 3.115 vs EVR: 3.54

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.

Evercore's adjusted revenue per share data for the three months ended in Mar. 2024 was $14.139. 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 $55.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evercore Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evercore'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.

Evercore Cyclically Adjusted PS Ratio Chart

Evercore 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 2.44 3.19 3.21 2.21 3.15

Evercore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.26 2.37 2.58 3.15 3.48

Competitive Comparison of Evercore's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Evercore'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.


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

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

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



Evercore 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=196.695/55.33
=3.55

* 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.

Evercore's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Evercore's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.139/129.4194*129.4194
=14.139

Current CPI (Mar. 2024) = 129.4194.

Evercore Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.201 100.560 6.694
201409 5.425 100.428 6.991
201412 7.680 99.070 10.033
201503 5.562 99.621 7.226
201506 6.358 100.684 8.173
201509 6.969 100.392 8.984
201512 8.973 99.792 11.637
201603 5.737 100.470 7.390
201606 8.042 101.688 10.235
201609 8.833 101.861 11.223
201612 10.004 101.863 12.710
201703 8.430 102.862 10.606
201706 8.287 103.349 10.377
201709 9.233 104.136 11.475
201712 12.097 104.011 15.052
201803 10.196 105.290 12.533
201806 9.900 106.317 12.051
201809 8.314 106.507 10.103
201812 17.339 105.998 21.170
201903 9.406 107.251 11.350
201906 12.243 108.070 14.662
201909 9.400 108.329 11.230
201912 15.545 108.420 18.556
202003 10.091 108.902 11.992
202006 12.104 108.767 14.402
202009 9.506 109.815 11.203
202012 21.105 109.897 24.854
202103 14.898 111.754 17.253
202106 15.755 114.631 17.787
202109 19.288 115.734 21.569
202112 26.258 117.630 28.890
202203 17.331 121.301 18.491
202206 15.348 125.017 15.888
202209 14.236 125.227 14.713
202212 20.358 125.222 21.040
202303 14.148 127.348 14.378
202306 12.712 128.729 12.780
202309 14.256 129.860 14.208
202312 19.279 129.419 19.279
202403 14.139 129.419 14.139

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.


Evercore  (NYSE:EVR) 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.


Evercore Cyclically Adjusted PS Ratio Related Terms

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


Evercore (Evercore) Business Description

Traded in Other Exchanges
Address
55 East 52nd Street, New York, NY, USA, 10055
Evercore is an independent investment bank that derives the majority of its revenue from financial advisory, including merger, acquisition, and restructuring advisory. It also has institutional equities trading, equity underwriting, and investment management businesses that account for around 20% of net revenue. The company was founded in 1996 and went public in 2006. Evercore had approximately 1,800 employees at the end of 2022, and about 75% of its revenue is derived from the United States.
Executives
Richard I Beattie director C/O SIMPSON THACHER & BARTLETT, 425 LEXINGTON AVE, NEW YORK NY 10017-3954
Pamela G Carlton director 901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Timothy Gilbert Lalonde officer: Chief Financial Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Jason Klurfeld officer: General Counsel 55 EAST 52ND STREET, C/O EVERCORE INC., NEW YORK NY 10055
Paul Pensa officer: Contr.,Principal Acct. Officer 55 EAST 52ND STREET, 43RD FLOOR, NEW YORK NY 10055
Ralph Schlosstein director, officer: President and CEO EVERCORE PARTNERS INC., 55 EAST 52ND STREET, 43RD FLOOR, NEW YORK NY 10055
Celeste M Brown officer: Chief Financial Officer C/O EVERCORE INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Robert B Walsh officer: Principal Financial Officer C/O EVERCORE PARTNERS INC., 55 EAST 52ND STREET, 43RD FLOOR, NEW YORK NY 10055
Ellen V Futter director J P MORGAN CHASE & CO, 270 PARK AVE, NEW YORK NY 10017
Roger C Altman director, officer: Executive Chairman EVERCORE PARTNERS INC., 55 EAST 52ND STREET, 43RD FLOOR, NEW YORK NY 10055
Wilson Kendrick R Iii director C/O EVERCORE INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Ostoa Augusto Arellano officer: CEO of EVR Mexico 55 EAST 52ND STREET, NEW YORK NY 10055
Andrew Sibbald officer: CEO EVR Partners International 55 EAST 52ND STREET, FLOOR 38, NEW YORK NY 10055
Sarah K Williamson director 55 EAST 52ND STREET, C/O EVERCORE INC., NEW YORK NY 10055
Adam B Frankel officer: General Counsel