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The Carlyle Group (The Carlyle Group) Cyclically Adjusted PS Ratio : 2.43 (As of Apr. 27, 2024)


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What is The Carlyle Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), The Carlyle Group's current share price is $46.11. The Carlyle Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $18.95. The Carlyle Group's Cyclically Adjusted PS Ratio for today is 2.43.

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

CG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.43   Max: 2.5
Current: 2.41

During the past years, The Carlyle Group's highest Cyclically Adjusted PS Ratio was 2.50. The lowest was 0.55. And the median was 1.43.

CG's Cyclically Adjusted PS Ratio is ranked better than
76.71% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs CG: 2.41

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.

The Carlyle Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $-1.036. 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 $18.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Carlyle Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Carlyle Group'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.

The Carlyle Group Cyclically Adjusted PS Ratio Chart

The Carlyle Group 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 0.91 1.07 2.11 1.27 2.15

The Carlyle 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 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 1.27 1.41 1.57 1.54 2.15

Competitive Comparison of The Carlyle Group's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, The Carlyle 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.


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

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

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



The Carlyle Group 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.

The Carlyle Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.11/18.95
=2.43

* 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.

The Carlyle Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Carlyle 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)
=-1.036/129.4194*129.4194
=-1.036

Current CPI (Dec. 2023) = 129.4194.

The Carlyle Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 15.402 99.695 19.994
201406 13.934 100.560 17.933
201409 7.263 100.428 9.360
201412 2.759 99.070 3.604
201503 13.866 99.621 18.014
201506 2.762 100.684 3.550
201509 0.003 100.392 0.004
201512 0.897 99.792 1.163
201603 1.144 100.470 1.474
201606 4.878 101.688 6.208
201609 1.188 101.861 1.509
201612 1.289 101.863 1.638
201703 6.962 102.862 8.759
201706 5.966 103.349 7.471
201709 1.203 104.136 1.495
201712 6.401 104.011 7.965
201803 4.429 105.290 5.444
201806 5.514 106.317 6.712
201809 1.336 106.507 1.623
201812 2.012 105.998 2.457
201903 7.163 107.251 8.644
201906 7.523 108.070 9.009
201909 4.965 108.329 5.932
201912 2.663 108.420 3.179
202003 -1.395 108.902 -1.658
202006 1.625 108.767 1.934
202009 2.086 109.815 2.458
202012 2.685 109.897 3.162
202103 4.209 111.754 4.874
202106 4.522 114.631 5.105
202109 2.938 115.734 3.285
202112 3.596 117.630 3.956
202203 3.150 121.301 3.361
202206 2.050 125.017 2.122
202209 2.218 125.227 2.292
202212 1.765 125.222 1.824
202303 1.734 127.348 1.762
202306 1.210 128.729 1.216
202309 1.725 129.860 1.719
202312 -1.036 129.419 -1.036

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.


The Carlyle Group  (NAS:CG) 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.


The Carlyle Group Cyclically Adjusted PS Ratio Related Terms

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


The Carlyle Group (The Carlyle Group) Business Description

Traded in Other Exchanges
Address
1001 Pennsylvania Avenue, NW, Washington, DC, USA, 20004-2505
The Carlyle Group is one of the world's largest alternative-asset managers, with $382.3 billion in total assets under management, including $273.0 billion in fee-earning AUM, at the end of September 2023. The company has three core business segments: private equity, which includes private equity, real estate, infrastructure, and natural resources funds (accounting for 40% of fee-earning AUM and 64% of base management fees during 2023), global credit (46% and 25%) and investment solutions (14% and 11%). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 2,900 active carry fund investors from 88 countries.
Executives
Harvey M Schwartz director, officer: Chief Executive Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
John C. Redett officer: Chief Financial Officer C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE NW, SUITE 220 S, WASHINGTON DC 20004
Jeffrey W. Ferguson officer: General Counsel C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Andrews Charles Elliott Jr. officer: Chief Accounting Officer 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Curtis L. Buser officer: Chief Financial Officer C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Christopher Finn officer: Chief Operating Officer C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Bruce M. Larson officer: Chief Human Resources Officer C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Sharda Cherwoo director 160 WEST 66TH STREET, APT. 45F, NEW YORK NY 10023
David M. Rubenstein director, 10 percent owner, officer: See Remarks C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
Linda Filler director 2200 PENNSYLVANIA AVE NW, SUITE 800W, WASHINGTON DC 20037
Kewsong Lee director, officer: Co-Chief Executive Officer C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Daniel A. D'aniello director, 10 percent owner, officer: Founder, Chairman Emeritus C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Thomas S Robertson director 200 CLARENDON STREET, T-33, BOSTON MA 02116
Peter J Clare director, officer: Co-Chief Investment Officer