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AGNC Investment (AGNC Investment) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


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What is AGNC Investment Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGNC Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AGNC Investment's Cyclically Adjusted PS Ratio 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.

AGNC Investment Cyclically Adjusted PS Ratio Chart

AGNC Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 7.11 8.19 9.11 12.71

AGNC 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 PS Ratio 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 9.67 20.30 13.93 12.71 11.15

Competitive Comparison of AGNC Investment's Cyclically Adjusted PS Ratio

For the REIT - Mortgage subindustry, AGNC 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.


AGNC Investment's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AGNC Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AGNC Investment Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

AGNC Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AGNC 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)
=1.348/129.4194*129.4194
=1.348

Current CPI (Mar. 2024) = 129.4194.

AGNC Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.108 100.560 0.139
201409 0.573 100.428 0.738
201412 -0.899 99.070 -1.174
201503 -0.697 99.621 -0.905
201506 1.474 100.684 1.895
201509 -1.806 100.392 -2.328
201512 1.711 99.792 2.219
201603 -2.211 100.470 -2.848
201606 -0.346 101.688 -0.440
201609 1.518 101.861 1.929
201612 2.990 101.863 3.799
201703 0.271 102.862 0.341
201706 0.115 103.349 0.144
201709 0.877 104.136 1.090
201712 1.172 104.011 1.458
201803 1.276 105.290 1.568
201806 0.898 106.317 1.093
201809 0.753 106.507 0.915
201812 -2.266 105.998 -2.767
201903 0.820 107.251 0.989
201906 -1.224 108.070 -1.466
201909 0.043 108.329 0.051
201912 2.586 108.420 3.087
202003 -6.921 108.902 -8.225
202006 2.141 108.767 2.548
202009 1.971 109.815 2.323
202012 2.309 109.897 2.719
202103 2.883 111.754 3.339
202106 -1.123 114.631 -1.268
202109 0.675 115.734 0.755
202112 -0.020 117.630 -0.022
202203 -1.818 121.301 -1.940
202206 -1.195 125.017 -1.237
202209 -1.867 125.227 -1.930
202212 1.659 125.222 1.715
202303 -0.372 127.348 -0.378
202306 0.892 128.729 0.897
202309 -1.065 129.860 -1.061
202312 1.270 129.419 1.270
202403 1.348 129.419 1.348

Add all the adjusted revenue per share together and divide 10 will get our 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.


AGNC Investment  (NAS:AGNCB.PFD) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


AGNC Investment Cyclically Adjusted PS Ratio Related Terms

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AGNC Investment (AGNC Investment) Business Description

Address
2 Bethesda Metro Center, 12th Floor, Bethesda, MD, USA, 20814
AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.