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Associated Capital Group (Associated Capital Group) Cyclically Adjusted PS Ratio : 29.85 (As of May. 24, 2024)


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What is Associated Capital Group Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Associated Capital Group's current share price is $33.73. Associated Capital Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.13. Associated Capital Group's Cyclically Adjusted PS Ratio for today is 29.85.

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

AC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 28.52   Med: 30.55   Max: 32.86
Current: 30.36

During the past years, Associated Capital Group's highest Cyclically Adjusted PS Ratio was 32.86. The lowest was 28.52. And the median was 30.55.

AC's Cyclically Adjusted PS Ratio is ranked worse than
94.69% of 867 companies
in the Asset Management industry
Industry Median: 7.66 vs AC: 30.36

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.

Associated Capital Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.140. 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 $1.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Associated Capital Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Associated Capital 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.

Associated Capital Group Cyclically Adjusted PS Ratio Chart

Associated Capital 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 - - - - 31.95

Associated Capital Group 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 - 31.27 32.49 31.95 28.90

Competitive Comparison of Associated Capital Group's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Associated Capital 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.


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

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

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



Associated Capital 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.

Associated Capital Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.73/1.13
=29.85

* 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.

Associated Capital Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Associated Capital Group'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)
=0.14/131.7762*131.7762
=0.140

Current CPI (Mar. 2024) = 131.7762.

Associated Capital Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.179 100.560 0.235
201409 0.193 100.428 0.253
201412 0.302 99.070 0.402
201503 0.180 99.621 0.238
201506 0.180 100.684 0.236
201509 0.184 100.392 0.242
201512 0.354 99.792 0.467
201603 0.179 100.470 0.235
201606 0.197 101.688 0.255
201609 0.216 101.861 0.279
201612 0.649 101.863 0.840
201703 0.209 102.862 0.268
201706 0.212 103.349 0.270
201709 0.220 104.136 0.278
201712 0.478 104.011 0.606
201803 0.200 105.290 0.250
201806 0.208 106.317 0.258
201809 0.203 106.507 0.251
201812 0.379 105.998 0.471
201903 0.206 107.251 0.253
201906 0.214 108.070 0.261
201909 0.122 108.329 0.148
201912 0.622 108.420 0.756
202003 0.132 108.902 0.160
202006 0.092 108.767 0.111
202009 0.087 109.815 0.104
202012 0.538 109.897 0.645
202103 0.105 111.754 0.124
202106 0.113 114.631 0.130
202109 0.096 115.734 0.109
202112 0.635 117.630 0.711
202203 0.117 121.301 0.127
202206 0.116 125.017 0.122
202209 0.116 125.227 0.122
202212 0.343 125.222 0.361
202303 0.112 127.348 0.116
202306 0.109 128.729 0.112
202309 0.102 129.860 0.104
202312 0.261 129.419 0.266
202403 0.140 131.776 0.140

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.


Associated Capital Group  (NYSE:AC) 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.


Associated Capital Group Cyclically Adjusted PS Ratio Related Terms

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


Associated Capital Group (Associated Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
191 Mason Street, Greenwich, CT, USA, 06830
Associated Capital Group Inc is a diversified global financial services company. It operates in the business of alternative investment management, institutional research services, and cash and other assets through subsidiaries. The activities of its subsidiaries comprise publishing daily research notes and full reports using private market value with a catalyst methodology and also products and customized solutions utilizing private market value with catalyst method of investing.
Executives
Ian J Mcadams officer: Interim Co-CFO 191 MASON STREET, GREENWICH CT 06830
Patrick Huvane officer: Interim Co-CFO 780 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Richard T Prins director C/O ASSOCIATED CAPITAL GROUP, INC., 191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein officer: Chief Legal Officer 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Timothy Schott officer: Executive VP & CFO 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli director, 10 percent owner, officer: Chairman & CEO 191 MASON STREET, GREENWICH CT 06830
Marc Gabelli director 401 THEODORE FREMD AVE, RYE NY 10580
Kenneth D Masiello officer: Chief Accounting Officer ONE CORPORATE CENTER, RYE NY 10580
Elisa M. Wilson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Francis J Conroy officer: Interim Chief FinancialOfficer ONE CORPORATE CENTER, RYE NY 10580
Frederic V Salerno director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Frederick J Mancheski 10 percent owner 5400 PLANTATION ROAD, UNIT 1256, CAPTIVA FL 33924
Douglas R Jamieson officer: President & CEO C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Executive Vice President ONE CORPORATE CENTER, RYE NY 10580
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403