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Brookfield Asset Management (XAMS:BAMA) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Brookfield Asset Management Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Asset Management Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brookfield 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.

Brookfield Asset Management Cyclically Adjusted PS Ratio Chart

Brookfield 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 1.52 1.37 1.66 0.94 1.00

Brookfield 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 0.92 0.90 0.82 1.00 1.02

Competitive Comparison of Brookfield Asset Management's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Brookfield 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.


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

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

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



Brookfield 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.

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

For example, Brookfield 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)
=21.185/126.2576*126.2576
=21.185

Current CPI (Mar. 2024) = 126.2576.

Brookfield Asset Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.634 99.473 4.612
201409 3.806 99.394 4.835
201412 3.993 98.367 5.125
201503 4.244 99.789 5.370
201506 4.475 100.500 5.622
201509 4.580 100.421 5.758
201512 5.195 99.947 6.563
201603 4.807 101.054 6.006
201606 5.441 102.002 6.735
201609 5.726 101.765 7.104
201612 6.728 101.449 8.373
201703 5.854 102.634 7.201
201706 8.589 103.029 10.525
201709 10.504 103.345 12.833
201712 11.221 103.345 13.709
201803 10.485 105.004 12.607
201806 11.653 105.557 13.938
201809 13.020 105.636 15.562
201812 14.408 105.399 17.259
201903 13.804 106.979 16.292
201906 15.310 107.690 17.950
201909 16.315 107.611 19.142
201912 16.121 107.769 18.887
202003 15.089 107.927 17.652
202006 11.452 108.401 13.338
202009 13.868 108.164 16.188
202012 14.120 108.559 16.422
202103 13.857 110.298 15.862
202106 15.257 111.720 17.242
202109 16.446 112.905 18.391
202112 19.382 113.774 21.509
202203 19.973 117.646 21.435
202206 22.115 120.806 23.113
202209 23.776 120.648 24.881
202212 22.977 120.964 23.983
202303 21.873 122.702 22.507
202306 21.960 124.203 22.323
202309 23.021 125.230 23.210
202312 22.601 125.072 22.815
202403 21.185 126.258 21.185

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.


Brookfield Asset Management  (XAMS:BAMA) 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.


Brookfield Asset Management Cyclically Adjusted PS Ratio Related Terms

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Brookfield Asset Management (XAMS:BAMA) Business Description

Address
181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Corp owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. The company generates the majority revenue through Private Equity. Located around the world, its assets are concentrated in the United States, and Canada.

Brookfield Asset Management (XAMS:BAMA) Headlines

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