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Guardian Capital Group (Guardian Capital Group) Cyclically Adjusted PS Ratio : 4.19 (As of Apr. 28, 2024)


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What is Guardian Capital Group Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Guardian Capital Group's current share price is $35.50. Guardian Capital Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.47. Guardian Capital Group's Cyclically Adjusted PS Ratio for today is 4.19.

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

GCAAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.46   Med: 4.21   Max: 6.38
Current: 4.2

During the past years, Guardian Capital Group's highest Cyclically Adjusted PS Ratio was 6.38. The lowest was 2.46. And the median was 4.21.

GCAAF's Cyclically Adjusted PS Ratio is ranked better than
66.32% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs GCAAF: 4.20

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.

Guardian Capital Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.939. 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 $8.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guardian Capital Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Guardian Capital Group'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.

Guardian Capital Group Cyclically Adjusted PS Ratio Chart

Guardian Capital Group 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 3.81 3.20 3.81 3.77 3.99

Guardian Capital Group 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 3.77 4.10 3.93 3.92 3.99

Competitive Comparison of Guardian Capital Group's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Guardian Capital Group'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.


Guardian Capital Group's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Guardian Capital Group 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.

Guardian Capital Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.50/8.47
=4.19

* 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.

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

For example, Guardian Capital Group'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)
=1.939/125.4675*125.4675
=1.939

Current CPI (Dec. 2023) = 125.4675.

Guardian Capital Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.301 98.604 1.655
201406 1.385 99.473 1.747
201409 1.409 99.394 1.779
201412 1.394 98.367 1.778
201503 1.330 99.789 1.672
201506 1.394 100.500 1.740
201509 1.313 100.421 1.640
201512 1.307 99.947 1.641
201603 1.382 101.054 1.716
201606 1.421 102.002 1.748
201609 1.442 101.765 1.778
201612 1.533 101.449 1.896
201703 1.564 102.634 1.912
201706 1.559 103.029 1.899
201709 1.640 103.345 1.991
201712 1.780 103.345 2.161
201803 1.929 105.004 2.305
201806 1.846 105.557 2.194
201809 1.882 105.636 2.235
201812 1.930 105.399 2.297
201903 1.880 106.979 2.205
201906 1.982 107.690 2.309
201909 2.003 107.611 2.335
201912 2.141 107.769 2.493
202003 2.173 107.927 2.526
202006 3.188 108.401 3.690
202009 3.205 108.164 3.718
202012 4.174 108.559 4.824
202103 2.776 110.298 3.158
202106 4.768 111.720 5.355
202109 3.125 112.905 3.473
202112 -2.777 113.774 -3.062
202203 1.644 117.646 1.753
202206 1.567 120.806 1.627
202209 1.602 120.648 1.666
202212 1.631 120.964 1.692
202303 1.629 122.702 1.666
202306 1.915 124.203 1.934
202309 2.064 125.230 2.068
202312 1.939 125.468 1.939

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.


Guardian Capital Group  (OTCPK:GCAAF) 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.


Guardian Capital Group Cyclically Adjusted PS Ratio Related Terms

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


Guardian Capital Group (Guardian Capital Group) Business Description

Traded in Other Exchanges
Address
Commerce Court West, Suite 3100, P.O. Box 201, Toronto, ON, CAN, M5L 1E8
Guardian Capital Group Ltd is a diversified financial services company. It operates in three reportable segment Investment Management, Wealth Management, and Corporate Activities and Investments. The majority of revenue is derived from the Investment Management segment, which primarily involves earning management fees relating to investment management services provided to clients.