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Main Street Capital (STU:13M) Cyclically Adjusted PS Ratio : 11.26 (As of Jun. 08, 2024)


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What is Main Street Capital Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Main Street Capital's current share price is €45.035. Main Street Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.00. Main Street Capital's Cyclically Adjusted PS Ratio for today is 11.26.

The historical rank and industry rank for Main Street Capital's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:13M' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.15   Med: 11.73   Max: 14.92
Current: 11.31

During the past years, Main Street Capital's highest Cyclically Adjusted PS Ratio was 14.92. The lowest was 5.15. And the median was 11.73.

STU:13M's Cyclically Adjusted PS Ratio is ranked worse than
69.26% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs STU:13M: 11.31

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.

Main Street Capital's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.438. 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 €4.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Main Street Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Main Street Capital'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.

Main Street Capital Cyclically Adjusted PS Ratio Chart

Main Street Capital 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 12.46 9.76 12.07 9.62 10.30

Main Street Capital 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 10.04 9.94 9.90 10.30 10.97

Competitive Comparison of Main Street Capital's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Main Street Capital'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.


Main Street Capital's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Main Street Capital 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.

Main Street Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.035/4
=11.26

* 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.

Main Street Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Main Street Capital'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)
=1.438/131.7762*131.7762
=1.438

Current CPI (Mar. 2024) = 131.7762.

Main Street Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.672 100.560 0.881
201409 0.670 100.428 0.879
201412 0.461 99.070 0.613
201503 0.837 99.621 1.107
201506 0.783 100.684 1.025
201509 0.426 100.392 0.559
201512 0.229 99.792 0.302
201603 0.379 100.470 0.497
201606 0.684 101.688 0.886
201609 0.862 101.861 1.115
201612 0.987 101.863 1.277
201703 0.671 102.862 0.860
201706 0.853 103.349 1.088
201709 0.706 104.136 0.893
201712 1.179 104.011 1.494
201803 0.582 105.290 0.728
201806 0.970 106.317 1.202
201809 1.154 106.507 1.428
201812 0.248 105.998 0.308
201903 0.786 107.251 0.966
201906 0.722 108.070 0.880
201909 0.550 108.329 0.669
201912 0.328 108.420 0.399
202003 -2.418 108.902 -2.926
202006 0.608 108.767 0.737
202009 1.139 109.815 1.367
202012 1.107 109.897 1.327
202103 0.829 111.754 0.978
202106 1.397 114.631 1.606
202109 1.342 115.734 1.528
202112 1.508 117.630 1.689
202203 1.023 121.301 1.111
202206 0.494 125.017 0.521
202209 0.971 125.227 1.022
202212 1.541 125.222 1.622
202303 1.198 127.348 1.240
202306 1.488 128.729 1.523
202309 1.407 129.860 1.428
202312 1.662 129.419 1.692
202403 1.438 131.776 1.438

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.


Main Street Capital  (STU:13M) 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.


Main Street Capital Cyclically Adjusted PS Ratio Related Terms

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


Main Street Capital (STU:13M) Business Description

Traded in Other Exchanges
Address
1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056
Main Street Capital Corp is an investment firm engaged in providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies. The investment portfolio of the company is typically made to support management buyouts, recapitalizations, growth financings, refinancings, and acquisitions of companies that operate in diverse industry sectors. The group invests in secured debt investments, equity investments, warrants, and other securities of the lower middle market and middle market companies based in the US. Business functioned through the U.S. region and it derives the majority of its income from the source of fees, commission, and interest.

Main Street Capital (STU:13M) Headlines

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