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CION Invt (CION Invt) Cyclically Adjusted Revenue per Share : $1.53 (As of Mar. 2024)


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What is CION Invt Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

CION Invt's adjusted revenue per share for the three months ended in Mar. 2024 was $0.173. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $1.53 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-23), CION Invt's current stock price is $12.35. CION Invt's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.53. CION Invt's Cyclically Adjusted PS Ratio of today is 8.07.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of CION Invt was 8.20. The lowest was 6.47. And the median was 7.32.


CION Invt Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CION Invt's Cyclically Adjusted Revenue per Share 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.

CION Invt Cyclically Adjusted Revenue per Share Chart

CION Invt Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.56

CION Invt Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 - 1.43 1.50 1.56 1.53

Competitive Comparison of CION Invt's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, CION Invt'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.


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

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

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



CION Invt Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CION Invt'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)
=0.173/131.7762*131.7762
=0.173

Current CPI (Mar. 2024) = 131.7762.

CION Invt Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.461 100.560 0.604
201409 0.286 100.428 0.375
201412 0.078 99.070 0.104
201503 0.658 99.621 0.870
201506 0.409 100.684 0.535
201509 0.006 100.392 0.008
201512 -0.403 99.792 -0.532
201603 0.130 100.470 0.171
201606 0.844 101.688 1.094
201609 0.864 101.861 1.118
201612 0.556 101.863 0.719
201703 0.326 102.862 0.418
201706 0.568 103.349 0.724
201709 0.400 104.136 0.506
201712 0.401 104.011 0.508
201803 0.387 105.290 0.484
201806 0.352 106.317 0.436
201809 0.304 106.507 0.376
201812 -0.334 105.998 -0.415
201903 0.320 107.251 0.393
201906 0.172 108.070 0.210
201909 -0.011 108.329 -0.013
201912 0.560 108.420 0.681
202003 -1.830 108.902 -2.214
202006 0.337 108.767 0.408
202009 0.586 109.815 0.703
202012 0.865 109.897 1.037
202103 0.935 111.754 1.103
202106 0.550 114.631 0.632
202109 0.503 115.734 0.573
202112 0.335 117.630 0.375
202203 0.190 121.301 0.206
202206 0.022 125.017 0.023
202209 0.647 125.227 0.681
202212 0.222 125.222 0.234
202303 -0.513 127.348 -0.531
202306 0.566 128.729 0.579
202309 0.919 129.860 0.933
202312 0.989 129.419 1.007
202403 0.173 131.776 0.173

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


CION Invt  (NYSE:CION) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

CION Invt's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.35/1.53
=8.07

* 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.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of CION Invt was 8.20. The lowest was 6.47. And the median was 7.32.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


CION Invt Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of CION Invt's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CION Invt (CION Invt) Business Description

Industry
Traded in Other Exchanges
Address
100 Park Avenue, 25th Floor, New York, NY, USA, 10016
CION Invt Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company's portfolio is comprised of investments in senior secured debt, including first lien loans, second lien loans and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly-traded U.S. middle-market companies.
Executives
Peter I. Finlay director C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Michael A Reisner director, officer: Co-Chairman & Co-CEO C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Gregg A. Bresner officer: President & CIO C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Catherine Choi director 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Aron I Schwartz director C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Robert A Breakstone director C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Eric A. Pinero officer: Chief Legal Officer 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Keith S Franz officer: CFO & Treasurer C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Mark Gatto director, officer: Co-Chairman & Co-CEO C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Stephen Roman officer: CCO & Secretary C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Edward J. Estrada director 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Joseph D Glatt director C/O APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Earl Hedin director C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
David J Verlizzo officer: SEE REMARKS C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005