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Cohen & Steers (Cohen & Steers) Cyclically Adjusted Revenue per Share : $10.49 (As of Dec. 2023)


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What is Cohen & Steers Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 & Steers's adjusted revenue per share for the three months ended in Dec. 2023 was $2.482. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $10.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cohen & Steers's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Cohen & Steers was 10.30% per year. The lowest was 5.20% per year. And the median was 6.90% per year.

As of today (2024-04-27), Cohen & Steers's current stock price is $70.37. Cohen & Steers's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.49. Cohen & Steers's Cyclically Adjusted PS Ratio of today is 6.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cohen & Steers was 11.48. The lowest was 4.60. And the median was 7.04.


Cohen & Steers Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cohen & Steers's Cyclically Adjusted Revenue per Share 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 & Steers Cyclically Adjusted Revenue per Share Chart

Cohen & Steers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.46 7.94 9.05 10.00 10.49

Cohen & Steers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 10.22 10.36 10.49 10.49 -

Competitive Comparison of Cohen & Steers's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Cohen & Steers'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 & Steers's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Cohen & Steers Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Cohen & Steers'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)
=2.482/129.4194*129.4194
=2.482

Current CPI (Dec. 2023) = 129.4194.

Cohen & Steers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.607 99.695 2.086
201406 1.735 100.560 2.233
201409 1.783 100.428 2.298
201412 1.798 99.070 2.349
201503 1.829 99.621 2.376
201506 1.833 100.684 2.356
201509 1.745 100.392 2.250
201512 1.789 99.792 2.320
201603 1.737 100.470 2.237
201606 1.874 101.688 2.385
201609 2.036 101.861 2.587
201612 1.968 101.863 2.500
201703 1.936 102.862 2.436
201706 1.994 103.349 2.497
201709 2.088 104.136 2.595
201712 2.135 104.011 2.657
201803 2.042 105.290 2.510
201806 2.057 106.317 2.504
201809 2.127 106.507 2.585
201812 2.038 105.998 2.488
201903 2.010 107.251 2.425
201906 2.153 108.070 2.578
201909 2.204 108.329 2.633
201912 2.281 108.420 2.723
202003 2.202 108.902 2.617
202006 1.955 108.767 2.326
202009 2.298 109.815 2.708
202012 2.392 109.897 2.817
202103 2.594 111.754 3.004
202106 2.964 114.631 3.346
202109 3.145 115.734 3.517
202112 3.244 117.630 3.569
202203 3.143 121.301 3.353
202206 3.034 125.017 3.141
202209 2.869 125.227 2.965
202212 2.591 125.222 2.678
202303 2.617 127.348 2.660
202306 2.508 128.729 2.521
202309 2.570 129.860 2.561
202312 2.482 129.419 2.482

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Cohen & Steers  (NYSE:CNS) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 & Steers's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=70.37/10.49
=6.71

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cohen & Steers was 11.48. The lowest was 4.60. And the median was 7.04.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Cohen & Steers Cyclically Adjusted Revenue per Share Related Terms

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


Cohen & Steers (Cohen & Steers) Business Description

Industry
Traded in Other Exchanges
Address
280 Park Avenue, 10th Floor, New York, NY, USA, 10017
Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $75.2 billion in managed assets at the end of September 2023. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 41% (26%) of its managed assets (base management fees) from institutional clients, 45% (53%) from open-end funds, and 14% (21%) from closed-end funds.
Executives
Elena Dulik officer: Chief Accounting Officer 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Richard P Simon director COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Brandon Brown officer: Executive Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Martin Cohen director, 10 percent owner, officer: Executive Chairman C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Alicia Dee officer: Executive Vice President 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Michele Nolty officer: Executive Vice President C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Francis C Poli officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, C/O COHEN & STEERS, NEW YORK NY 10017
Matthew S. Stadler officer: Chief Financial Officer, EVP C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
John Todd Glickson officer: Senior Vice President 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Dasha Smith director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Daniel P Charles officer: Executive Vice President C/O COHEN & STEERS, INC., NEW YORK NY 10017
Jon Cheigh officer: Executive Vice President C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Edmond D Villani director COHEN & STEERS, INC., 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Peter L Rhein director
Reena Aggarwal director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017