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Brookfield Asset Management (XBRU:BAM) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Brookfield Asset Management Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Asset Management Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brookfield Asset Management'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.

Brookfield Asset Management Cyclically Adjusted PS Ratio Chart

Brookfield Asset Management 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 1.52 1.37 1.66 0.94 1.00

Brookfield Asset Management 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 0.92 0.90 0.82 1.00 1.02

Competitive Comparison of Brookfield Asset Management's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Brookfield Asset Management'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.


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

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

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



Brookfield Asset Management 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.

Brookfield Asset Management's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Brookfield Asset Management'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)
=33.277/126.2576*126.2576
=33.277

Current CPI (Mar. 2024) = 126.2576.

Brookfield Asset Management Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.451 99.473 6.919
201409 5.709 99.394 7.252
201412 6.011 98.367 7.715
201503 6.414 99.789 8.115
201506 6.926 100.500 8.701
201509 7.113 100.421 8.943
201512 8.028 99.947 10.141
201603 7.399 101.054 9.244
201606 8.394 102.002 10.390
201609 8.842 101.765 10.970
201612 10.381 101.449 12.920
201703 8.860 102.634 10.899
201706 13.272 103.029 16.264
201709 16.263 103.345 19.869
201712 17.432 103.345 21.297
201803 16.175 105.004 19.449
201806 17.945 105.557 21.464
201809 20.106 105.636 24.031
201812 22.216 105.399 26.613
201903 21.252 106.979 25.082
201906 23.650 107.690 27.728
201909 25.628 107.611 30.069
201912 25.323 107.769 29.667
202003 23.702 107.927 27.728
202006 17.989 108.401 20.952
202009 21.783 108.164 25.427
202012 22.180 108.559 25.796
202103 21.766 110.298 24.916
202106 23.966 111.720 27.085
202109 25.834 112.905 28.889
202112 30.446 113.774 33.787
202203 31.374 117.646 33.671
202206 34.739 120.806 36.307
202209 37.348 120.648 39.085
202212 36.092 120.964 37.671
202303 34.359 122.702 35.355
202306 34.495 124.203 35.066
202309 36.162 125.230 36.459
202312 35.501 125.072 35.837
202403 33.277 126.258 33.277

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.


Brookfield Asset Management  (XBRU:BAM) 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.


Brookfield Asset Management Cyclically Adjusted PS Ratio Related Terms

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Brookfield Asset Management (XBRU:BAM) Business Description

Address
181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Corp owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. The company generates the majority revenue through Private Equity. Located around the world, its assets are concentrated in the United States, and Canada.