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Western Asset Intermediate Muni Fd (Western Asset Intermediate Muni Fd) Cyclically Adjusted Revenue per Share : $0.42 (As of Nov. 2023)


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What is Western Asset Intermediate Muni Fd 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.

Western Asset Intermediate Muni Fd's adjusted revenue per share data for the fiscal year that ended in Nov. 2023 was $0.426. 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 $0.42 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Western Asset Intermediate Muni Fd's average Cyclically Adjusted Revenue Growth Rate was 35.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -8.60% 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 Western Asset Intermediate Muni Fd was -8.60% per year. The lowest was -18.80% per year. And the median was -13.70% per year.

As of today (2024-04-29), Western Asset Intermediate Muni Fd's current stock price is $ 7.68. Western Asset Intermediate Muni Fd's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov. 2023 was $0.42. Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio of today is 18.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Western Asset Intermediate Muni Fd was 25.77. The lowest was 13.16. And the median was 17.09.


Western Asset Intermediate Muni Fd Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Western Asset Intermediate Muni Fd'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.

Western Asset Intermediate Muni Fd Cyclically Adjusted Revenue per Share Chart

Western Asset Intermediate Muni Fd Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.55 0.55 0.31 0.42

Western Asset Intermediate Muni Fd Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.55 - 0.31 - 0.42

Competitive Comparison of Western Asset Intermediate Muni Fd's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Western Asset Intermediate Muni Fd'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.


Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio falls into.



Western Asset Intermediate Muni Fd 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, Western Asset Intermediate Muni Fd's adjusted Revenue per Share data for the fiscal year that ended in Nov. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.426/129.5481*129.5481
=0.426

Current CPI (Nov. 2023) = 129.5481.

Western Asset Intermediate Muni Fd Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 1.024 99.635 1.331
201511 0.375 100.135 0.485
201611 0.046 101.829 0.059
201711 0.626 104.072 0.779
201811 0.132 106.338 0.161
201911 0.925 108.519 1.104
202011 0.376 109.793 0.444
202111 0.497 117.269 0.549
202211 -1.141 125.607 -1.177
202311 0.426 129.548 0.426

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


Western Asset Intermediate Muni Fd  (NYSE:SBI) 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.

Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.68/0.42
=18.29

* 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 Western Asset Intermediate Muni Fd was 25.77. The lowest was 13.16. And the median was 17.09.


Be Aware

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


Western Asset Intermediate Muni Fd Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Western Asset Intermediate Muni Fd's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Intermediate Muni Fd (Western Asset Intermediate Muni Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Intermediate Muni Fd Inc is a diversified closed-end management investment company. The fund's objective is to provide a high level of current income exempt from Federal income taxes.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Bank Of America Na 10 percent owner, other: Former 10% Owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

Western Asset Intermediate Muni Fd (Western Asset Intermediate Muni Fd) Headlines