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Greenhill (Greenhill) Cyclically Adjusted PS Ratio : 1.10 (As of May. 06, 2024)


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What is Greenhill Cyclically Adjusted PS Ratio?

As of today (2024-05-06), Greenhill's current share price is $14.99. Greenhill's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $13.64. Greenhill's Cyclically Adjusted PS Ratio for today is 1.10.

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

GHL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.96   Max: 6.38
Current: 1.1

During the past years, Greenhill's highest Cyclically Adjusted PS Ratio was 6.38. The lowest was 0.45. And the median was 1.96.

GHL's Cyclically Adjusted PS Ratio is not ranked
in the Capital Markets industry.
Industry Median: 3.13 vs GHL: 1.10

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.

Greenhill's adjusted revenue per share data for the three months ended in Sep. 2023 was $1.631. 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 $13.64 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greenhill Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Greenhill'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.

Greenhill Cyclically Adjusted PS Ratio Chart

Greenhill Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 1.61 1.07 1.45 0.77

Greenhill Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.45 0.77 0.66 1.08 1.09

Competitive Comparison of Greenhill's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Greenhill'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.


Greenhill's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Greenhill's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Greenhill 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.

Greenhill's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.99/13.64
=1.10

* 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.

Greenhill's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Greenhill's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.631/129.8595*129.8595
=1.631

Current CPI (Sep. 2023) = 129.8595.

Greenhill Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 2.521 98.326 3.329
201403 1.444 99.695 1.881
201406 2.104 100.560 2.717
201409 3.062 100.428 3.959
201412 2.518 99.070 3.301
201503 2.051 99.621 2.674
201506 2.364 100.684 3.049
201509 1.622 100.392 2.098
201512 2.375 99.792 3.091
201603 2.108 100.470 2.725
201606 2.853 101.688 3.643
201609 2.416 101.861 3.080
201612 3.134 101.863 3.995
201703 1.784 102.862 2.252
201706 2.104 103.349 2.644
201709 1.490 104.136 1.858
201712 2.145 104.011 2.678
201803 2.899 105.290 3.576
201806 3.169 106.317 3.871
201809 3.291 106.507 4.013
201812 3.534 105.998 4.330
201903 2.137 107.251 2.587
201906 2.344 108.070 2.817
201909 3.696 108.329 4.431
201912 4.358 108.420 5.220
202003 3.549 108.902 4.232
202006 2.530 108.767 3.021
202009 2.955 109.815 3.494
202012 7.407 109.897 8.752
202103 2.908 111.754 3.379
202106 2.223 114.631 2.518
202109 3.732 115.734 4.187
202112 4.587 117.630 5.064
202203 2.466 121.301 2.640
202206 1.977 125.017 2.054
202209 3.846 125.227 3.988
202212 5.303 125.222 5.499
202303 2.712 127.348 2.765
202306 3.328 128.729 3.357
202309 1.631 129.860 1.631

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.


Greenhill  (NYSE:GHL) 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.


Greenhill Cyclically Adjusted PS Ratio Related Terms

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


Greenhill (Greenhill) Business Description

Traded in Other Exchanges
N/A
Address
1271 Avenue of the Americas, New York, NY, USA, 10020
Greenhill & Co Inc is an independent investment bank that provides financial and strategic advice on significant domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, capital raising, and other transactions to a diverse client base, including corporations, partnerships, institutions, and governments globally. The company derives revenues from both corporate advisory services related to mergers and acquisitions, financings and restructurings and capital advisory services related to sales or capital raises pertaining to alternative assets.
Executives
Mark Lasky officer: Chief Financial Officer C/O GREENHILL & CO., INC., 1271 AVENUE OF THE AMERICAS, 21ST FLOOR, NEW YORK NY 10020
Rodriguez Harold J Jr officer: Mg Dir-Fin, Regn. & Ops.
Scott L Bok director, officer: Chief Executive Officer
Kevin Ferro director C/O KOS PHARMACEUTICALS, INC., 1001 BRICKELL BAY DRIVE, 25TH FLOOR, MIAMI FL 33131
David Wyles officer: Managing Director GREENHILL & CO. INC., 300 PARK AVENUE, NEW YORK NY 10022-7405
Kevin M Costantino officer: President GREENHILL & CO., 300 PARK AVENUE, NEW YORK NY 10022
Gitanjali Pinto Faleiro officer: General Counsel C/O GREENHILL & CO., INC., 300 PARK AVENUE, NEW YORK NY 10022
Meryl D Hartzband director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Robert F Greenhill director, officer: Chairman and CEO
Patricia Moran officer: Chief Legal Officer GREENHILL & CO., 300 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Karen P Robards director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536
Gavin Dean Solotar officer: General Counsel GREENHILL & CO., 300 PARK AVENUE, NEW YORK NY 10022
Christopher Thomas Grubb officer: Chief Financial Officer 300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022
John C Danforth director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117-2551
Ulrika Ekman officer: General Counsel GREENHILL & CO., INC., 300 PARK AVENUE, NEW YORK NY 10022

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