GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TD Ameritrade Holding Corp (NAS:AMTD) » Definitions » Cyclically Adjusted Revenue per Share

TD Ameritrade Holding (TD Ameritrade Holding) Cyclically Adjusted Revenue per Share : $0.00 (As of Jun. 2020)


View and export this data going back to 1997. Start your Free Trial

What is TD Ameritrade Holding 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.

TD Ameritrade Holding's adjusted revenue per share for the three months ended in Jun. 2020 was $2.875. 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 $0.00 for the trailing ten years ended in Jun. 2020.

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 (2024-04-28), TD Ameritrade Holding's current stock price is $39.97. TD Ameritrade Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2020 was $0.00. TD Ameritrade Holding's Cyclically Adjusted PS Ratio of today is .


TD Ameritrade Holding Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TD Ameritrade Holding'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.

TD Ameritrade Holding Cyclically Adjusted Revenue per Share Chart

TD Ameritrade Holding Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

TD Ameritrade Holding Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 - - - - -

Competitive Comparison of TD Ameritrade Holding's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, TD Ameritrade Holding'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.


TD Ameritrade Holding's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



TD Ameritrade Holding 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, TD Ameritrade Holding's adjusted Revenue per Share data for the three months ended in Jun. 2020 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=2.875/108.7673*108.7673
=2.875

Current CPI (Jun. 2020) = 108.7673.

TD Ameritrade Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201009 0.967 92.162 1.141
201012 2.693 92.474 3.167
201103 1.227 94.283 1.415
201106 1.175 95.235 1.342
201109 1.234 95.727 1.402
201112 1.164 95.213 1.330
201203 1.202 96.783 1.351
201206 1.193 96.819 1.340
201209 1.157 97.633 1.289
201212 1.174 96.871 1.318
201303 1.215 98.209 1.346
201306 1.309 98.518 1.445
201309 1.350 98.790 1.486
201312 1.344 98.326 1.487
201403 1.450 99.695 1.582
201406 1.364 100.560 1.475
201409 1.450 100.428 1.570
201412 1.478 99.070 1.623
201503 1.452 99.621 1.585
201506 1.441 100.684 1.557
201509 1.497 100.392 1.622
201512 1.481 99.792 1.614
201603 1.557 100.470 1.686
201606 1.552 101.688 1.660
201609 1.545 101.861 1.650
201612 1.594 101.863 1.702
201703 1.679 102.862 1.775
201706 1.719 103.349 1.809
201709 1.798 104.136 1.878
201712 2.155 104.011 2.254
201803 2.440 105.290 2.521
201806 2.375 106.317 2.430
201809 2.418 106.507 2.469
201812 2.631 105.998 2.700
201903 2.516 107.251 2.552
201906 2.625 108.070 2.642
201909 2.777 108.329 2.788
201912 2.319 108.420 2.326
202003 2.669 108.902 2.666
202006 2.875 108.767 2.875

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


TD Ameritrade Holding  (NAS:AMTD) 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.


Be Aware

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


TD Ameritrade Holding Cyclically Adjusted Revenue per Share Related Terms

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


TD Ameritrade Holding (TD Ameritrade Holding) Business Description

Traded in Other Exchanges
N/A
Address
200 South 108th Avenue, Omaha, NE, USA, 68154
TD Ameritrade is a leading retail brokerage and advisor services firm. Its largest shareholder is Toronto-Dominion Bank, which beneficially owns more than 40%. The firm offers trading in stocks, bonds, options, and other asset classes. Recently, TD Ameritrade derived approximately 55% of its revenue from interest-rate-related income and fees, 35% from commissions and transaction fees, and 10% from investment product and other revenue. Practically all of the company's revenue is generated in the United States. TD Ameritrade has a pending merger with Charles Schwab that is expected to close in the second half of 2020.
Executives
Lorenzo A Bettino director
Wilbur J Prezzano director 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Joseph H Moglia director AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Todd M Ricketts director C/O AMERITRADE HOLDING CORP, 4211 SOUTH 102ND ST, OMAHA NE 68127
Brian M Levitt director C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
V Ann Hailey director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Allan R Tessler director C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Mark L Mitchell director AMERITRADE HOLDING CORP 4211 S 102ND ST OMAHA NE 68127
Td Luxembourg International Holdings S.a R.l. 10 percent owner 46A, AVENUE JOHN F. KENNEDY LUXEMBOURG N4 L-2951
Irene R Miller director C/O BARNES & NOBLE INC, 122 FIFTH AVE, NEW YORK NY 10011
Karen E. Maidment director TD AMERITRADE HOLDING CORPORATION 6940 COLUMBIA GATEWAY DR., SUITE 200 COLUMBIA MD 21046
Steven M. Quirk officer: EVP, Trader Group C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Jon C. Peterson officer: Interim CFO 200 S. 108TH AVE OMAHA NE 68154

TD Ameritrade Holding (TD Ameritrade Holding) Headlines

From GuruFocus

Important International Recognition Bestowed upon AMTD Team

By Business Wire Business Wire 02-28-2023