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Siebert Financial (Siebert Financial) Cyclically Adjusted Revenue per Share : $1.37 (As of Sep. 2023)


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What is Siebert Financial 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.

Siebert Financial's adjusted revenue per share for the three months ended in Sep. 2023 was $0.445. 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 $1.37 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Siebert Financial's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.70% 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 Siebert Financial was 12.40% per year. The lowest was -9.20% per year. And the median was -4.15% per year.

As of today (2024-04-27), Siebert Financial's current stock price is $2.02. Siebert Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $1.37. Siebert Financial's Cyclically Adjusted PS Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Siebert Financial was 19.76. The lowest was 1.05. And the median was 2.03.


Siebert Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Siebert Financial'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.

Siebert Financial Cyclically Adjusted Revenue per Share Chart

Siebert Financial Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.88 0.96 1.14 1.25

Siebert Financial Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.25 1.29 1.33 1.37

Competitive Comparison of Siebert Financial's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Siebert Financial'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.


Siebert Financial's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



Siebert Financial 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, Siebert Financial's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.445/129.8595*129.8595
=0.445

Current CPI (Sep. 2023) = 129.8595.

Siebert Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.190 98.326 0.251
201403 0.168 99.695 0.219
201406 0.168 100.560 0.217
201409 0.156 100.428 0.202
201412 0.143 99.070 0.187
201503 0.119 99.621 0.155
201506 0.095 100.684 0.123
201509 0.115 100.392 0.149
201512 0.128 99.792 0.167
201603 0.113 100.470 0.146
201606 0.111 101.688 0.142
201609 0.101 101.861 0.129
201612 0.119 101.863 0.152
201703 0.108 102.862 0.136
201706 0.122 103.349 0.153
201709 0.140 104.136 0.175
201712 0.208 104.011 0.260
201803 0.301 105.290 0.371
201806 0.276 106.317 0.337
201809 0.290 106.507 0.354
201812 0.239 105.998 0.293
201903 0.337 107.251 0.408
201906 0.351 108.070 0.422
201909 0.353 108.329 0.423
201912 0.363 108.420 0.435
202003 0.486 108.902 0.580
202006 0.413 108.767 0.493
202009 0.410 109.815 0.485
202012 0.482 109.897 0.570
202103 0.607 111.754 0.705
202106 0.537 114.631 0.608
202109 0.548 115.734 0.615
202112 0.465 117.630 0.513
202203 0.319 121.301 0.342
202206 0.347 125.017 0.360
202209 0.409 125.227 0.424
202212 0.504 125.222 0.523
202303 0.497 127.348 0.507
202306 0.474 128.729 0.478
202309 0.445 129.860 0.445

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


Siebert Financial  (NAS:SIEB) 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.

Siebert Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.02/1.37
=1.47

* 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 Siebert Financial was 19.76. The lowest was 1.05. And the median was 2.03.


Be Aware

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


Siebert Financial Cyclically Adjusted Revenue per Share Related Terms

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


Siebert Financial (Siebert Financial) Business Description

Traded in Other Exchanges
Address
535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017
Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries.
Executives
Hocheol Simon Shin director 535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
Kakao Corp 10 percent owner TOWER A, 166 PANGYOYEOK-RO, BUNDANG-GU, GYEONGGI-DO, SEONGNAM-SI M5 13529
Kakaopay Corp 10 percent owner 15F, TOWER B, 166 PANGYOYEOK-RO, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, SEONGNAM-SI M5 13529
John M. Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Cynthia Dibartolo other: See footnote 535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
John J Gebbia director 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
David Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Richard Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gloria E Gebbia director, other: 10% Owner(1) C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Kennedy Cabot Acquisition, Llc 10 percent owner 24100 CALABASAS ROAD, CALABASAS CA 91302
Francis V Cuttita director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Jerry M Schneider director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Charles Zabatta director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Andrew H Reich director, officer: EVP, COO, CFO and Secretary C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Leonard M Leiman director C/O SIEBERT FINANCIAL CORP, 885 THIRD AVE STE 1720, NEW YORK NY 10022

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