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Artisan Partners Asset Management (Artisan Partners Asset Management) Cyclically Adjusted PS Ratio : 1.99 (As of May. 24, 2024)


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What is Artisan Partners Asset Management Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Artisan Partners Asset Management's current share price is $44.7332. Artisan Partners Asset Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $22.46. Artisan Partners Asset Management's Cyclically Adjusted PS Ratio for today is 1.99.

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

APAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.56   Max: 2.43
Current: 2.02

During the past years, Artisan Partners Asset Management's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.88. And the median was 1.56.

APAM's Cyclically Adjusted PS Ratio is ranked better than
80.67% of 869 companies
in the Asset Management industry
Industry Median: 7.6 vs APAM: 2.02

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.

Artisan Partners Asset Management's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.108. 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 $22.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artisan Partners Asset Management Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Artisan Partners Asset Management'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.

Artisan Partners Asset Management Cyclically Adjusted PS Ratio Chart

Artisan Partners Asset Management 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 1.47 2.23 1.88 1.13 1.92

Artisan Partners Asset Management 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 1.24 1.57 1.55 1.92 2.04

Competitive Comparison of Artisan Partners Asset Management's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Artisan Partners Asset Management'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.


Artisan Partners Asset Management's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Artisan Partners Asset Management's Cyclically Adjusted PS Ratio falls into.



Artisan Partners Asset Management 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.

Artisan Partners Asset Management's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.7332/22.46
=1.99

* 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.

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

For example, Artisan Partners Asset Management'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)
=4.108/131.7762*131.7762
=4.108

Current CPI (Mar. 2024) = 131.7762.

Artisan Partners Asset Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.490 100.560 9.815
201409 6.994 100.428 9.177
201412 6.535 99.070 8.692
201503 6.238 99.621 8.251
201506 5.878 100.684 7.693
201509 5.444 100.392 7.146
201512 5.232 99.792 6.909
201603 4.721 100.470 6.192
201606 4.754 101.688 6.161
201609 4.763 101.861 6.162
201612 4.665 101.863 6.035
201703 4.487 102.862 5.748
201706 4.338 103.349 5.531
201709 4.458 104.136 5.641
201712 4.543 104.011 5.756
201803 4.477 105.290 5.603
201806 4.329 106.317 5.366
201809 4.307 106.507 5.329
201812 3.860 105.998 4.799
201903 3.728 107.251 4.581
201906 3.917 108.070 4.776
201909 3.945 108.329 4.799
201912 4.032 108.420 4.901
202003 3.808 108.902 4.608
202006 3.631 108.767 4.399
202009 4.126 109.815 4.951
202012 4.581 109.897 5.493
202103 4.946 111.754 5.832
202106 5.096 114.631 5.858
202109 5.278 115.734 6.010
202112 5.172 117.630 5.794
202203 4.452 121.301 4.836
202206 4.032 125.017 4.250
202209 3.741 125.227 3.937
202212 3.591 125.222 3.779
202303 3.708 127.348 3.837
202306 3.824 128.729 3.915
202309 3.913 129.860 3.971
202312 3.915 129.419 3.986
202403 4.108 131.776 4.108

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.


Artisan Partners Asset Management  (NYSE:APAM) 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.


Artisan Partners Asset Management Cyclically Adjusted PS Ratio Related Terms

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


Artisan Partners Asset Management (Artisan Partners Asset Management) Business Description

Traded in Other Exchanges
Address
875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202
Artisan Partners Asset Management Inc is a global investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are primarily offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. In addition to its equity strategies, customers may invest in a fixed-income strategy. Strategies are often distributed to customers ranging from retail investors to institutional investors through specialized channels.
Executives
Laura Ellen Simpson officer: Exec VP, CLO & Secretary 875 E WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Gregory K Ramirez officer: Senior Vice President 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Samuel Bentson Sellers officer: Executive Vice President 875 E WISCONSIN AVENUE SUITE 800, MILWAUKEE WI 53202
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
Saloni S Multani director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Eileen Lee Kwei officer: Executive Vice President ONE CALIFORNIA STREET SUITE 2800, SAN FRANCISCO CA 94111
Jason A Gottlieb officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Jennifer Barbetta director ARTISAN PARTNERS ASSET MANAGEMENT INC., 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Christopher J Krein officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Zfic, Inc. director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Carlene M Ziegler director C/O ARTISAN PARTNERS LIMITED PARTNERSHIP, 875 EAST WISCONSIN AVE STE 800, MILWAUKEE WI 53202
Andrew A Ziegler director C/O ZIEGLER FAMILY OFFICE, 100 N. CORPORATE DRIVE, SUITE 190, BROOKFIELD WI 53045
Artisan Investment Corp director 875 EAST WISONSIN AVE STE 800, MILWAUKEE WI 53202
Hamman James S Jr officer: Executive Vice President 70 MUIRFIELD CIRCLE, WHEATON IL 60187
Stephanie Dimarco director 301 BRANNAN ST, SAN FRANCISCO CA 94107

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