GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tiptree Inc (NAS:TIPT) » Definitions » Cyclically Adjusted Revenue per Share

Tiptree (Tiptree) Cyclically Adjusted Revenue per Share : $27.49 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tiptree 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.

Tiptree's adjusted revenue per share for the three months ended in Mar. 2024 was $13.188. 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 $27.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tiptree's average Cyclically Adjusted Revenue Growth Rate was 21.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 27.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 26.70% 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 Tiptree was 27.70% per year. The lowest was 26.30% per year. And the median was 27.20% per year.

As of today (2024-05-15), Tiptree's current stock price is $16.91. Tiptree's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $27.49. Tiptree's Cyclically Adjusted PS Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tiptree was 1.48. The lowest was 0.38. And the median was 0.70.


Tiptree Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tiptree'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.

Tiptree Cyclically Adjusted Revenue per Share Chart

Tiptree 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 10.48 12.72 17.01 21.46 26.31

Tiptree 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 22.59 23.68 24.63 26.31 27.49

Competitive Comparison of Tiptree's Cyclically Adjusted Revenue per Share

For the Insurance - Specialty subindustry, Tiptree'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.


Tiptree's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Tiptree 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, Tiptree'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)
=13.188/129.4194*129.4194
=13.188

Current CPI (Mar. 2024) = 129.4194.

Tiptree Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.908 100.560 1.169
201409 1.165 100.428 1.501
201412 0.949 99.070 1.240
201503 2.771 99.621 3.600
201506 3.169 100.684 4.073
201509 3.571 100.392 4.604
201512 2.324 99.792 3.014
201603 3.726 100.470 4.800
201606 3.828 101.688 4.872
201609 3.550 101.861 4.510
201612 3.928 101.863 4.991
201703 3.978 102.862 5.005
201706 4.829 103.349 6.047
201709 4.921 104.136 6.116
201712 3.948 104.011 4.912
201803 4.959 105.290 6.095
201806 4.085 106.317 4.973
201809 4.743 106.507 5.763
201812 4.240 105.998 5.177
201903 5.304 107.251 6.400
201906 5.314 108.070 6.364
201909 5.475 108.329 6.541
201912 6.035 108.420 7.204
202003 3.751 108.902 4.458
202006 5.861 108.767 6.974
202009 6.651 109.815 7.838
202012 7.751 109.897 9.128
202103 8.144 111.754 9.431
202106 8.928 114.631 10.080
202109 8.397 115.734 9.390
202112 9.397 117.630 10.339
202203 9.492 121.301 10.127
202206 9.647 125.017 9.987
202209 9.882 125.227 10.213
202212 10.169 125.222 10.510
202303 10.449 127.348 10.619
202306 10.762 128.729 10.820
202309 11.053 129.860 11.016
202312 11.819 129.419 11.819
202403 13.188 129.419 13.188

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


Tiptree  (NAS:TIPT) 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.

Tiptree's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.91/27.49
=0.62

* 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 Tiptree was 1.48. The lowest was 0.38. And the median was 0.70.


Be Aware

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


Tiptree Cyclically Adjusted Revenue per Share Related Terms

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


Tiptree (Tiptree) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tiptree Inc (NAS:TIPT) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
660 Steamboat Road, 2nd Floor, Greenwich, CT, USA, 06830
Tiptree Inc is a United States-based company that provides specialty insurance products and related services. It has two reportable segments: Insurance and Mortgage. It generates maximum revenue from the Insurance segment. The insurance segment provides specialty insurance, warranty products and related administration services; and the Mortgage segment originates, sell and service conventional, conforming agency and government-insured residential mortgage loans.
Executives
Neil Charles Rifkind officer: General Counsel and Secretary C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Jonathan Ilany director PO BOX 180, WINCHESTER CENTER CT 06094
Scott T. Mckinney officer: Chief Financial Officer 660 STEAMBOAT ROAD, 2ND FLOOR, GREENWICH CT 06830
Sandra Bell officer: Chief Financial Officer C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Randy Maultsby officer: President C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Arif Inayatullah 10 percent owner C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Paul M Friedman director 11 DEERFIELD LANE, SCARSDALE NY 10583
Dominique Mielle director C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Michael Gene Barnes director, officer: Vice Chairman of the Board TRICADIA CAPITAL, 299 PARK AVENUE, 13TH FLOOR, NEW YORK NY 10171
Nomura Securities Co Ltd 10 percent owner 13-1, NIHONBASHI 1-CHOME, CHUO-KU, TOKYO M0 103-8011
Prosight Specialty Insurance Group, Inc. 10 percent owner 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960
New York Marine & General Insurance Co 10 percent owner 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960
Prosight Global, Inc. 10 percent owner 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960
Gotham Insurance Co 10 percent owner 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960
Southwest Marine & General Insurance Co 10 percent owner 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960