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Clairvest Group (TSX:CVG) Cyclically Adjusted Revenue per Share : C$10.96 (As of Dec. 2023)


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What is Clairvest Group 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.

Clairvest Group's adjusted revenue per share for the three months ended in Dec. 2023 was C$-0.322. 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 C$10.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Clairvest Group's average Cyclically Adjusted Revenue Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 22.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 18.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.90% 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 Clairvest Group was 23.80% per year. The lowest was 3.60% per year. And the median was 12.20% per year.

As of today (2024-05-19), Clairvest Group's current stock price is C$71.43. Clairvest Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$10.96. Clairvest Group's Cyclically Adjusted PS Ratio of today is 6.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Clairvest Group was 11.58. The lowest was 5.30. And the median was 8.13.


Clairvest Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Clairvest Group'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.

Clairvest Group Cyclically Adjusted Revenue per Share Chart

Clairvest Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.47 6.13 7.37 10.37 11.21

Clairvest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 11.10 11.21 11.51 11.17 10.96

Competitive Comparison of Clairvest Group's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Clairvest Group'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.


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

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

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



Clairvest Group 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, Clairvest Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.322/125.0724*125.0724
=-0.322

Current CPI (Dec. 2023) = 125.0724.

Clairvest Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.513 98.604 0.651
201406 1.130 99.473 1.421
201409 2.289 99.394 2.880
201412 0.239 98.367 0.304
201503 1.726 99.789 2.163
201506 1.155 100.500 1.437
201509 0.550 100.421 0.685
201512 0.971 99.947 1.215
201603 1.488 101.054 1.842
201606 1.437 102.002 1.762
201609 1.081 101.765 1.329
201612 2.745 101.449 3.384
201703 1.757 102.634 2.141
201706 -0.375 103.029 -0.455
201709 3.437 103.345 4.160
201712 6.842 103.345 8.280
201803 1.446 105.004 1.722
201806 4.852 105.557 5.749
201809 1.565 105.636 1.853
201812 2.030 105.399 2.409
201903 2.767 106.979 3.235
201906 1.677 107.690 1.948
201909 1.702 107.611 1.978
201912 6.453 107.769 7.489
202003 -2.491 107.927 -2.887
202006 5.549 108.401 6.402
202009 -1.109 108.164 -1.282
202012 4.638 108.559 5.343
202103 2.955 110.298 3.351
202106 2.381 111.720 2.666
202109 2.078 112.905 2.302
202112 6.641 113.774 7.300
202203 16.839 117.646 17.902
202206 -0.059 120.806 -0.061
202209 4.514 120.648 4.680
202212 3.482 120.964 3.600
202303 0.816 122.702 0.832
202306 2.414 124.203 2.431
202309 -2.193 125.230 -2.190
202312 -0.322 125.072 -0.322

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


Clairvest Group  (TSX:CVG) 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.

Clairvest Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=71.43/10.96
=6.52

* 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 Clairvest Group was 11.58. The lowest was 5.30. And the median was 8.13.


Be Aware

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


Clairvest Group Cyclically Adjusted Revenue per Share Related Terms

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


Clairvest Group (TSX:CVG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3
Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.
Executives
Daniel Cheng Senior Officer