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Canaccord Genuity Group (TSX:CF) Cyclically Adjusted Revenue per Share : C$13.97 (As of Dec. 2023)


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What is Canaccord Genuity Group 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.

Canaccord Genuity Group's adjusted revenue per share for the three months ended in Dec. 2023 was C$3.723. 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 C$13.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Canaccord Genuity Group's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% 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 Canaccord Genuity Group was 11.70% per year. The lowest was -5.20% per year. And the median was -1.90% per year.

As of today (2024-04-28), Canaccord Genuity Group's current stock price is C$8.75. Canaccord Genuity Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$13.97. Canaccord Genuity Group's Cyclically Adjusted PS Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canaccord Genuity Group was 1.48. The lowest was 0.34. And the median was 0.61.


Canaccord Genuity Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Canaccord Genuity Group'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.

Canaccord Genuity Group Cyclically Adjusted Revenue per Share Chart

Canaccord Genuity Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.72 9.54 10.38 12.13 13.31

Canaccord Genuity 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 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 12.93 13.31 13.63 13.86 13.97

Competitive Comparison of Canaccord Genuity Group's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Canaccord Genuity 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.


Canaccord Genuity Group's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Canaccord Genuity Group 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, Canaccord Genuity 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)
=3.723/125.4675*125.4675
=3.723

Current CPI (Dec. 2023) = 125.4675.

Canaccord Genuity Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.579 98.604 3.282
201406 2.403 99.473 3.031
201409 2.338 99.394 2.951
201412 1.821 98.367 2.323
201503 2.547 99.789 3.202
201506 2.216 100.500 2.767
201509 2.084 100.421 2.604
201512 2.035 99.947 2.555
201603 2.267 101.054 2.815
201606 2.221 102.002 2.732
201609 2.099 101.765 2.588
201612 2.110 101.449 2.610
201703 2.363 102.634 2.889
201706 2.147 103.029 2.615
201709 2.070 103.345 2.513
201712 2.724 103.345 3.307
201803 2.530 105.004 3.023
201806 2.332 105.557 2.772
201809 2.590 105.636 3.076
201812 2.567 105.399 3.056
201903 2.022 106.979 2.371
201906 2.506 107.690 2.920
201909 2.057 107.611 2.398
201912 2.450 107.769 2.852
202003 2.515 107.927 2.924
202006 3.078 108.401 3.563
202009 3.117 108.164 3.616
202012 4.307 108.559 4.978
202103 7.294 110.298 8.297
202106 4.682 111.720 5.258
202109 4.316 112.905 4.796
202112 5.067 113.774 5.588
202203 4.621 117.646 4.928
202206 3.581 120.806 3.719
202209 3.723 120.648 3.872
202212 4.403 120.964 4.567
202303 4.921 122.702 5.032
202306 3.891 124.203 3.931
202309 3.608 125.230 3.615
202312 3.723 125.468 3.723

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


Canaccord Genuity Group  (TSX:CF) 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.

Canaccord Genuity Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.75/13.97
=0.63

* 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 Canaccord Genuity Group was 1.48. The lowest was 0.34. And the median was 0.61.


Be Aware

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


Canaccord Genuity Group Cyclically Adjusted Revenue per Share Related Terms

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


Canaccord Genuity Group (TSX:CF) Business Description

Address
609 Granville Street, Suite 2200, Vancouver, BC, CAN, V7Y 1H2
Canaccord Genuity Group Inc is an independent, full-service financial services firm. The Company's segment reporting is based on the following operating segments: Canaccord Genuity Capital Markets, Canaccord Genuity Wealth Management, and Corporate and Other. The company is been driven by an unwavering commitment to building lasting client relationships. It achieves this by generating value for its individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. Its international capital markets division operates in North America, UK and Europe, Asia, Australia and the Middle East.
Executives
Stuart Raftus Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)