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RIT Capital Partners (LSE:RCP) Cyclically Adjusted Revenue per Share : £1.97 (As of Dec. 2023)


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What is RIT Capital Partners 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.

RIT Capital Partners's adjusted revenue per share data for the fiscal year that ended in Dec. 2023 was £0.721. 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 £1.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, RIT Capital Partners's average Cyclically Adjusted Revenue Growth Rate was -7.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% 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 RIT Capital Partners was 19.50% per year. The lowest was -5.60% per year. And the median was 5.10% per year.

As of today (2024-05-23), RIT Capital Partners's current stock price is £ 18.86. RIT Capital Partners's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2023 was £1.97. RIT Capital Partners's Cyclically Adjusted PS Ratio of today is 9.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of RIT Capital Partners was 16.69. The lowest was 8.17. And the median was 11.51.


RIT Capital Partners Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for RIT Capital Partners'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.

RIT Capital Partners Cyclically Adjusted Revenue per Share Chart

RIT Capital Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.73 2.22 2.12 1.97

RIT Capital Partners Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.22 - 2.12 - 1.97

Competitive Comparison of RIT Capital Partners's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, RIT Capital Partners'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.


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

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

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



RIT Capital Partners 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, RIT Capital Partners's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.721/130.5000*130.5000
=0.721

Current CPI (Dec. 2023) = 130.5000.

RIT Capital Partners Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.433 99.900 1.872
201512 1.411 100.400 1.834
201612 2.136 102.200 2.727
201712 1.607 105.000 1.997
201812 0.369 107.100 0.450
201912 2.411 108.500 2.900
202012 3.485 109.400 4.157
202112 5.820 114.700 6.622
202212 -3.430 125.300 -3.572
202312 0.721 130.500 0.721

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


RIT Capital Partners  (LSE:RCP) 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.

RIT Capital Partners's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.86/1.97
=9.57

* 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 RIT Capital Partners was 16.69. The lowest was 8.17. And the median was 11.51.


Be Aware

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


RIT Capital Partners Cyclically Adjusted Revenue per Share Related Terms

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


RIT Capital Partners (LSE:RCP) Business Description

Traded in Other Exchanges
Address
27 St James's Place, London, GBR, SW1A 1NR
RIT Capital Partners PLC is a United Kingdom-based investment trust. Its investment objective is to facilitate long-term capital growth by obtaining a capital value that exceeds the relevant indices over time. The company invests in a diversified, international portfolio across quoted and unquoted asset classes, provided every investment has something unique to offer. Its operating segment includes RIT; JRCM and SHL. Geographically, it has a presence in Asia; the US; Europe; Japan, and other countries.

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