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Virtu Financial (Virtu Financial) Cyclically Adjusted PS Ratio : 0.92 (As of May. 20, 2024)


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What is Virtu Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Virtu Financial's current share price is $23.30. Virtu Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $25.22. Virtu Financial's Cyclically Adjusted PS Ratio for today is 0.92.

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

VIRT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.75   Max: 0.93
Current: 0.93

During the past years, Virtu Financial's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.67. And the median was 0.75.

VIRT's Cyclically Adjusted PS Ratio is ranked better than
79.35% of 581 companies
in the Capital Markets industry
Industry Median: 3.12 vs VIRT: 0.93

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.

Virtu Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.223. 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 $25.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Virtu Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Virtu Financial'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.

Virtu Financial Cyclically Adjusted PS Ratio Chart

Virtu Financial 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 - - - - 0.82

Virtu Financial 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 0.77 0.69 0.69 0.82 0.81

Competitive Comparison of Virtu Financial's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Virtu Financial'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.


Virtu Financial's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Virtu Financial 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.

Virtu Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.30/25.22
=0.92

* 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.

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

For example, Virtu Financial'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)
=7.223/131.7762*131.7762
=7.223

Current CPI (Mar. 2024) = 131.7762.

Virtu Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.121 100.560 6.711
201409 5.443 100.428 7.142
201412 6.695 99.070 8.905
201503 6.945 99.621 9.187
201506 5.270 100.684 6.897
201509 6.212 100.392 8.154
201512 4.726 99.792 6.241
201603 5.005 100.470 6.565
201606 4.556 101.688 5.904
201609 4.297 101.861 5.559
201612 4.335 101.863 5.608
201703 3.646 102.862 4.671
201706 3.550 103.349 4.526
201709 3.425 104.136 4.334
201712 5.175 104.011 6.556
201803 8.820 105.290 11.039
201806 3.229 106.317 4.002
201809 2.755 106.507 3.409
201812 4.118 105.998 5.119
201903 3.382 107.251 4.155
201906 3.325 108.070 4.054
201909 3.253 108.329 3.957
201912 3.391 108.420 4.121
202003 8.353 108.902 10.108
202006 7.411 108.767 8.979
202009 5.301 109.815 6.361
202012 5.479 109.897 6.570
202103 8.206 111.754 9.676
202106 4.530 114.631 5.208
202109 4.668 115.734 5.315
202112 6.268 117.630 7.022
202203 6.371 121.301 6.921
202206 5.733 125.017 6.043
202209 5.471 125.227 5.757
202212 4.994 125.222 5.255
202303 6.342 127.348 6.563
202306 5.337 128.729 5.463
202309 6.746 129.860 6.846
202312 5.944 129.419 6.052
202403 7.223 131.776 7.223

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.


Virtu Financial  (NAS:VIRT) 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.


Virtu Financial Cyclically Adjusted PS Ratio Related Terms

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


Virtu Financial (Virtu Financial) Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the global financial markets. The company's operating segment includes Market Making; Execution Services and Corporate. It generates maximum revenue from the Market Making segment. The Market Making segment principally consists of market-making in the cash, futures and options markets across global equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland; Singapore; Canada; Australia and Other Countries.
Executives
Joseph Molluso officer: EX VP & CFO 645 MADISON AVENUE, NEW YORK NY 10022-1010
Douglas A Cifu director, officer: CEO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Brett Fairclough officer: COO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Joanne Minieri director 100 VENTERANS MEMORIAL HIGHWAY, 11TH FL, HAUPPAUGE NY 11788
Stephen Cavoli officer: EVP 300 VESEY STREET, NEW YORK NY 10282
Gic Private Ltd 10 percent owner 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Coral Blue Investment Pte. Ltd. 10 percent owner 168 ROBINSON ROAD 37-01 CAPITAL TOWER, SINGAPORE U0 068912
North Island Ventures, Llc 10 percent owner 51 WEST 52ND STREET, 30TH FLOOR, NEW YORK NY 10019
Sean Galvin officer: CFO 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Public Sector Pension Investment Board 10 percent owner 1250 RENE-LEVESQUE BLVD WEST, SUITE 1400, MONTREAL A8 H3B 5E9
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Joseph C. Grano director 1185 AVENUE OF THE AMERICAS, SUITE 1750, NEW YORK NY 10036
Virginia Gambale director C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Alexander M. Ioffe officer: CFO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Hyungtaek Kim officer: CAO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006

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