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B. Riley Financial (B. Riley Financial) Cyclically Adjusted PS Ratio : 1.20 (As of Apr. 27, 2024)


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What is B. Riley Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-27), B. Riley Financial's current share price is $36.82. B. Riley Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $30.57. B. Riley Financial's Cyclically Adjusted PS Ratio for today is 1.20.

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

RILY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.81   Max: 2.68
Current: 1.13

During the past years, B. Riley Financial's highest Cyclically Adjusted PS Ratio was 2.68. The lowest was 0.30. And the median was 0.81.

RILY's Cyclically Adjusted PS Ratio is ranked better than
68.85% of 61 companies
in the Diversified Financial Services industry
Industry Median: 2.02 vs RILY: 1.13

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.

B. Riley Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.168. 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 $30.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


B. Riley Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for B. Riley 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.

B. Riley Financial Cyclically Adjusted PS Ratio Chart

B. Riley 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 0.84 1.46 2.68 1.10 0.69

B. Riley Financial 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 1.10 0.91 1.45 1.31 0.69

Competitive Comparison of B. Riley Financial's Cyclically Adjusted PS Ratio

For the Financial Conglomerates subindustry, B. Riley 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.


B. Riley Financial's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, B. Riley Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



B. Riley 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.

B. Riley Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.82/30.57
=1.20

* 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.

B. Riley Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, B. Riley Financial'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)
=9.168/129.4194*129.4194
=9.168

Current CPI (Dec. 2023) = 129.4194.

B. Riley Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 15.100 99.695 19.602
201406 3.006 100.560 3.869
201409 1.299 100.428 1.674
201412 1.243 99.070 1.624
201503 1.611 99.621 2.093
201506 2.787 100.684 3.582
201509 1.301 100.392 1.677
201512 1.214 99.792 1.574
201603 1.205 100.470 1.552
201606 1.130 101.688 1.438
201609 2.968 101.861 3.771
201612 4.769 101.863 6.059
201703 2.695 102.862 3.391
201706 3.014 103.349 3.774
201709 3.344 104.136 4.156
201712 4.079 104.011 5.075
201803 3.512 105.290 4.317
201806 4.754 106.317 5.787
201809 3.712 106.507 4.511
201812 3.817 105.998 4.660
201903 5.326 107.251 6.427
201906 6.123 108.070 7.333
201909 6.378 108.329 7.620
201912 5.826 108.420 6.954
202003 -0.008 108.902 -0.010
202006 9.872 108.767 11.746
202009 8.364 109.815 9.857
202012 15.799 109.897 18.606
202103 20.904 111.754 24.208
202106 11.747 114.631 13.262
202109 13.250 115.734 14.817
202112 14.144 117.630 15.562
202203 7.381 121.301 7.875
202206 1.522 125.017 1.576
202209 11.358 125.227 11.738
202212 11.447 125.222 11.831
202303 14.124 127.348 14.354
202306 15.170 128.729 15.251
202309 13.345 129.860 13.300
202312 9.168 129.419 9.168

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.


B. Riley Financial  (NAS:RILY) 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.


B. Riley Financial Cyclically Adjusted PS Ratio Related Terms

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


B. Riley Financial (B. Riley Financial) Business Description

Traded in Other Exchanges
Address
11100 Santa Monica Boulevard, Suite 800, Los Angeles, CA, USA, 90025
B. Riley Financial Inc is a diversified financial services company. The company through its subsidiaries offers investment banking and financial services to corporate, institutional and high net worth clients and also asset disposition, valuation and appraisal and capital advisory services to retail, wholesale, institutional, lenders, capital providers, private equity investors, and professional services firms in United States, Canada, and Europe. It also provides internet access and subscription services. The reportable operating segments of the company include Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer segment.
Executives
Kelleher Thomas J /adv officer: CEO of B. Riley Capital Market C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Renee E Labran director 130 WEST UNION STREET, C/O IDEALAB, PASADENA CA 91103
Andrew Moore officer: CEO of B. Riley FBR, Inc. C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Robert L Antin director
Tamara Sue Brandt director C/O B. RILEY FINANCIAL, INC., 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Randall E Paulson director
D Agostino Robert P director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Michael Joseph Sheldon director C/O ALDILA, INC., 14145 DANIELSON ST. STE B, POWAY CA 92064
Daniel Asher 10 percent owner 111 W JACKSON BLVD, 20TH FL, CHICAGO IL 60604
Kenneth M Young officer: President C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Mikel H Williams director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Phillip Ahn officer: CFO and COO 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Alan N Forman officer: EVP, General Counsel, Sec 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Todd D. Sims director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367