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Moelis (Moelis) Cyclically Adjusted PS Ratio : 2.15 (As of Apr. 28, 2024)


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What is Moelis Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Moelis's current share price is $49.75. Moelis's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $23.13. Moelis's Cyclically Adjusted PS Ratio for today is 2.15.

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

MC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.58   Max: 2.44
Current: 2.15

During the past years, Moelis's highest Cyclically Adjusted PS Ratio was 2.44. The lowest was 1.16. And the median was 1.58.

MC's Cyclically Adjusted PS Ratio is ranked better than
60.07% of 576 companies
in the Capital Markets industry
Industry Median: 2.985 vs MC: 2.15

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.

Moelis's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.896. 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 $23.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moelis Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Moelis'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.

Moelis Cyclically Adjusted PS Ratio Chart

Moelis 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 - - - 1.34 2.35

Moelis 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 1.35 1.66 1.72 2.35 2.45

Competitive Comparison of Moelis's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Moelis'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.


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

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

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



Moelis 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.75/23.13
=2.15

* 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.

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

For example, Moelis'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)
=2.896/129.4194*129.4194
=2.896

Current CPI (Mar. 2024) = 129.4194.

Moelis Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.627 100.560 11.103
201409 7.939 100.428 10.231
201412 8.058 99.070 10.527
201503 4.745 99.621 6.164
201506 5.969 100.684 7.673
201509 7.071 100.392 9.116
201512 7.897 99.792 10.242
201603 5.640 100.470 7.265
201606 5.577 101.688 7.098
201609 6.200 101.861 7.877
201612 7.744 101.863 9.839
201703 5.263 102.862 6.622
201706 5.008 103.349 6.271
201709 4.274 104.136 5.312
201712 3.926 104.011 4.885
201803 4.920 105.290 6.048
201806 4.473 106.317 5.445
201809 3.909 106.507 4.750
201812 4.314 105.998 5.267
201903 2.500 107.251 3.017
201906 2.808 108.070 3.363
201909 4.177 108.329 4.990
201912 3.948 108.420 4.713
202003 2.692 108.902 3.199
202006 2.849 108.767 3.390
202009 3.422 109.815 4.033
202012 6.476 109.897 7.626
202103 3.976 111.754 4.604
202106 5.342 114.631 6.031
202109 7.189 115.734 8.039
202112 5.999 117.630 6.600
202203 4.316 121.301 4.605
202206 3.474 125.017 3.596
202209 3.344 125.227 3.456
202212 2.929 125.222 3.027
202303 2.628 127.348 2.671
202306 2.626 128.729 2.640
202309 3.959 129.860 3.946
202312 3.104 129.419 3.104
202403 2.896 129.419 2.896

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.


Moelis  (NYSE:MC) 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.


Moelis Cyclically Adjusted PS Ratio Related Terms

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


Moelis (Moelis) Business Description

Traded in Other Exchanges
Address
399 Park Avenue, 4th Floor, New York, NY, USA, 10022
Moelis & Co is an independent investment bank that provides strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds. The company assists its clients in achieving their strategic goals by offering comprehensive, globally integrated financial advisory services across all industry sectors. It also advises clients on their critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. it generates revenue from advisory transactions. The firm derives a majority of its revenue from the United States followed by Europe and the rest of the World.
Executives
Kenneth Moelis director, 10 percent owner, officer: Chairman and CEO C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Ciafone Katherine Pilcher officer: Chief Operating Officer 399 PARK AVE, NEW YORK NY 10022
Kenneth Shropshire director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10011
Elizabeth Crain officer: Chief Operating Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Navid Mahmoodzadegan director, officer: Managing Director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Osamu R. Watanabe officer: General Counsel and Secretary C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Jeffrey Raich director, officer: Managing Director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Christopher Callesano officer: SVP & Principal Acct Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Laila Worrell director 399 PARK AVENUE, NEW YORK NY 10022
Joseph Simon officer: Chief Financial Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Yolonda C Richardson director 399 PARK AVENUE, NEW YORK NY 10022
Leaman J Richard Iii director, officer: Managing Partner C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
John A Allison director PO BOX 1250, WINSTON SALEM NC 27102-1250
Yvonne Greenstreet director PACIRA PHARMACEUTICALS, INC., 5 SYLVAN WAY, PARSIPPANY NJ 07054
Eric Cantor director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022