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Gladstone Investment (Gladstone Investment) Cyclically Adjusted Revenue per Share : $2.10 (As of Mar. 2024)


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What is Gladstone Investment 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.

Gladstone Investment's adjusted revenue per share for the three months ended in Mar. 2024 was $0.605. 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 $2.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gladstone Investment's average Cyclically Adjusted Revenue Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% 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 Gladstone Investment was 35.20% per year. The lowest was 11.70% per year. And the median was 18.20% per year.

As of today (2024-05-21), Gladstone Investment's current stock price is $14.06. Gladstone Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.10. Gladstone Investment's Cyclically Adjusted PS Ratio of today is 6.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gladstone Investment was 18.98. The lowest was 5.48. And the median was 10.27.


Gladstone Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gladstone Investment'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.

Gladstone Investment Cyclically Adjusted Revenue per Share Chart

Gladstone Investment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.37 1.70 1.80 2.10

Gladstone Investment 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 1.80 1.87 1.94 2.00 2.10

Competitive Comparison of Gladstone Investment's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Gladstone Investment'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.


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

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

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



Gladstone Investment 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, Gladstone Investment'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)
=0.605/131.7762*131.7762
=0.605

Current CPI (Mar. 2024) = 131.7762.

Gladstone Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.415 100.560 0.544
201409 0.109 100.428 0.143
201412 0.287 99.070 0.382
201503 1.080 99.621 1.429
201506 0.322 100.684 0.421
201509 0.027 100.392 0.035
201512 -0.170 99.792 -0.224
201603 0.785 100.470 1.030
201606 0.834 101.688 1.081
201609 0.027 101.861 0.035
201612 0.430 101.863 0.556
201703 0.341 102.862 0.437
201706 0.329 103.349 0.419
201709 0.457 104.136 0.578
201712 0.541 104.011 0.685
201803 0.692 105.290 0.866
201806 1.024 106.317 1.269
201809 1.031 106.507 1.276
201812 0.457 105.998 0.568
201903 0.524 107.251 0.644
201906 0.212 108.070 0.259
201909 0.412 108.329 0.501
201912 0.443 108.420 0.538
202003 -0.819 108.902 -0.991
202006 0.056 108.767 0.068
202009 0.237 109.815 0.284
202012 0.501 109.897 0.601
202103 0.674 111.754 0.795
202106 1.438 114.631 1.653
202109 0.864 115.734 0.984
202112 0.204 117.630 0.229
202203 0.480 121.301 0.521
202206 0.357 125.017 0.376
202209 0.069 125.227 0.073
202212 0.448 125.222 0.471
202303 0.107 127.348 0.111
202306 0.220 128.729 0.225
202309 1.332 129.860 1.352
202312 0.140 129.419 0.143
202403 0.605 131.776 0.605

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


Gladstone Investment  (NAS:GAIN) 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.

Gladstone Investment's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.06/2.1
=6.70

* 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 Gladstone Investment was 18.98. The lowest was 5.48. And the median was 10.27.


Be Aware

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


Gladstone Investment Cyclically Adjusted Revenue per Share Related Terms

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


Gladstone Investment (Gladstone Investment) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.
Executives
Rachael Z. Easton officer: Chief Financial Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Dullum David A R officer: President C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Paula Novara director 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Jennifer A Smith officer: Chief Valuation Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Terry Lee Brubaker director, officer: COO C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Julia Ryan officer: Chief Financial Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Michael Licalsi other: Affiliate of External Advisor 1521 WESTBRANCH DR., MCLEAN VA 22102
David Gladstone director, officer: CEO 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Caren D Merrick director 1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
David Hibbert Watson officer: CFO C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850
Terry Earhart director 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Paul W Adelgren director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Melissa Morrison other: Affiliate of External Adviser 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Gerard Mead director 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102