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First Finance Co (AMM:FFCO) Cyclically Adjusted PS Ratio : 1.88 (As of May. 21, 2024)


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What is First Finance Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), First Finance Co's current share price is JOD0.49. First Finance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was JOD0.26. First Finance Co's Cyclically Adjusted PS Ratio for today is 1.88.

The historical rank and industry rank for First Finance Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

AMM:FFCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.15   Max: 2.54
Current: 1.9

During the past years, First Finance Co's highest Cyclically Adjusted PS Ratio was 2.54. The lowest was 1.73. And the median was 2.15.

AMM:FFCO's Cyclically Adjusted PS Ratio is ranked better than
59.04% of 376 companies
in the Credit Services industry
Industry Median: 2.905 vs AMM:FFCO: 1.90

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.

First Finance Co's adjusted revenue per share data for the three months ended in Mar. 2024 was JOD0.017. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is JOD0.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Finance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for First Finance Co'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.

First Finance Co Cyclically Adjusted PS Ratio Chart

First Finance Co 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 - - - 2.25 1.94

First Finance Co 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 2.34 2.30 2.05 1.94 1.90

Competitive Comparison of First Finance Co's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, First Finance Co'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.


First Finance Co's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, First Finance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where First Finance Co's Cyclically Adjusted PS Ratio falls into.



First Finance Co 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.

First Finance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.49/0.26
=1.88

* 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.

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

For example, First Finance Co'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)
=0.017/131.7762*131.7762
=0.017

Current CPI (Mar. 2024) = 131.7762.

First Finance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.386 100.560 0.506
201409 0.041 100.428 0.054
201412 0.021 99.070 0.028
201503 0.040 99.621 0.053
201506 0.450 100.684 0.589
201509 0.045 100.392 0.059
201512 0.022 99.792 0.029
201603 0.037 100.470 0.049
201606 0.055 101.688 0.071
201609 0.038 101.861 0.049
201612 0.048 101.863 0.062
201703 0.038 102.862 0.049
201706 0.038 103.349 0.048
201709 0.041 104.136 0.052
201712 0.047 104.011 0.060
201803 0.052 105.290 0.065
201806 0.053 106.317 0.066
201809 0.044 106.507 0.054
201812 0.045 105.998 0.056
201903 0.045 107.251 0.055
201906 0.029 108.070 0.035
201909 0.030 108.329 0.036
201912 0.039 108.420 0.047
202003 0.023 108.902 0.028
202006 0.007 108.767 0.008
202009 0.024 109.815 0.029
202012 0.017 109.897 0.020
202103 0.017 111.754 0.020
202106 0.017 114.631 0.020
202109 0.020 115.734 0.023
202112 0.022 117.630 0.025
202203 0.029 121.301 0.032
202206 0.014 125.017 0.015
202209 0.030 125.227 0.032
202212 0.033 125.222 0.035
202303 0.021 127.348 0.022
202306 0.019 128.729 0.019
202309 0.011 129.860 0.011
202312 0.056 129.419 0.057
202403 0.017 131.776 0.017

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.


First Finance Co  (AMM:FFCO) 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.


First Finance Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of First Finance Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


First Finance Co (AMM:FFCO) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah II street, Building no. 172, Khalda, P.O. Box 144596, Amman, JOR, 11814
First Finance Co finances in various forms including direct financing of consumer goods and durables; real estate financing; finance small and medium projects; financing of stock and working capital. It offers automobile and vehicle finance for new and used cars, motorcycles, and boats and marine equipment; and real estate finance for building houses, construction materials, finishing works, maintenance and installation works, decoration works, and swimming pool construction. The company also invests in financial instruments.

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