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Barings BDC (FRA:TRY) Cyclically Adjusted Revenue per Share : €0.99 (As of Mar. 2024)


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What is Barings BDC 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.

Barings BDC's adjusted revenue per share for the three months ended in Mar. 2024 was €0.407. 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 €0.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Barings BDC's average Cyclically Adjusted Revenue Growth Rate was -20.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -14.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -11.90% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Barings BDC was -5.90% per year. The lowest was -14.50% per year. And the median was -9.30% per year.

As of today (2024-05-28), Barings BDC's current stock price is €9.035. Barings BDC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.99. Barings BDC's Cyclically Adjusted PS Ratio of today is 9.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Barings BDC was 9.05. The lowest was 3.07. And the median was 5.86.


Barings BDC Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Barings BDC'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.

Barings BDC Cyclically Adjusted Revenue per Share Chart

Barings BDC 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 1.80 1.43 1.45 1.33 1.01

Barings BDC 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 1.23 1.19 1.12 1.01 0.99

Competitive Comparison of Barings BDC's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Barings BDC'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.


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

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

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



Barings BDC 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, Barings BDC'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)
=0.407/131.7762*131.7762
=0.407

Current CPI (Mar. 2024) = 131.7762.

Barings BDC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.789 100.560 1.034
201409 -0.115 100.428 -0.151
201412 0.236 99.070 0.314
201503 0.421 99.621 0.557
201506 0.480 100.684 0.628
201509 0.622 100.392 0.816
201512 0.450 99.792 0.594
201603 0.616 100.470 0.808
201606 0.318 101.688 0.412
201609 0.296 101.861 0.383
201612 0.359 101.863 0.464
201703 0.277 102.862 0.355
201706 0.056 103.349 0.071
201709 -0.916 104.136 -1.159
201712 0.534 104.011 0.677
201803 0.343 105.290 0.429
201806 0.425 106.317 0.527
201809 -0.875 106.507 -1.083
201812 -0.742 105.998 -0.922
201903 0.611 107.251 0.751
201906 0.199 108.070 0.243
201909 0.119 108.329 0.145
201912 0.229 108.420 0.278
202003 -2.054 108.902 -2.485
202006 1.044 108.767 1.265
202009 0.790 109.815 0.948
202012 0.449 109.897 0.538
202103 0.319 111.754 0.376
202106 0.400 114.631 0.460
202109 0.218 115.734 0.248
202112 0.187 117.630 0.209
202203 0.258 121.301 0.280
202206 -0.169 125.017 -0.178
202209 0.117 125.227 0.123
202212 -0.002 125.222 -0.002
202303 0.369 127.348 0.382
202306 0.368 128.729 0.377
202309 0.183 129.860 0.186
202312 0.288 129.419 0.293
202403 0.407 131.776 0.407

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


Barings BDC  (FRA:TRY) 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.

Barings BDC's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.035/0.99
=9.13

* 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 13 years, the highest Cyclically Adjusted PS Ratio of Barings BDC was 9.05. The lowest was 3.07. And the median was 5.86.


Be Aware

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


Barings BDC Cyclically Adjusted Revenue per Share Related Terms

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


Barings BDC (FRA:TRY) Business Description

Industry
Traded in Other Exchanges
Address
300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202
Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately-held middle-market companies to help these companies fund acquisitions, growth or refinancing. Barings employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.

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