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Federal National Mortgage Association Fannie Mae (BUE:FNMA) Cyclically Adjusted PS Ratio : 0.32 (As of May. 24, 2024)


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What is Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Federal National Mortgage Association Fannie Mae's current share price is ARS240.00. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS756.69. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio for today is 0.32.

The historical rank and industry rank for Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:FNMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.68   Max: 1.79
Current: 0.32

During the past years, Federal National Mortgage Association Fannie Mae's highest Cyclically Adjusted PS Ratio was 1.79. The lowest was 0.07. And the median was 0.68.

BUE:FNMA's Cyclically Adjusted PS Ratio is ranked better than
97.06% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs BUE:FNMA: 0.32

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.

Federal National Mortgage Association Fannie Mae's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS3,272.782. 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 ARS756.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Federal National Mortgage Association Fannie Mae'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.

Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Chart

Federal National Mortgage Association Fannie Mae 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 0.81 0.60 0.18 0.07 0.22

Federal National Mortgage Association Fannie Mae 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 0.08 0.09 0.13 0.22 0.32

Competitive Comparison of Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Federal National Mortgage Association Fannie Mae'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.


Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio falls into.



Federal National Mortgage Association Fannie Mae 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.

Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=240.00/756.69
=0.32

* 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.

Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Federal National Mortgage Association Fannie Mae'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)
=3272.782/131.7762*131.7762
=3,272.782

Current CPI (Mar. 2024) = 131.7762.

Federal National Mortgage Association Fannie Mae Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.458 100.560 26.809
201409 26.186 100.428 34.360
201412 -7.346 99.070 -9.771
201503 17.053 99.621 22.557
201506 43.265 100.684 56.626
201509 17.413 100.392 22.857
201512 37.717 99.792 49.805
201603 16.564 100.470 21.725
201606 29.826 101.688 38.651
201609 42.419 101.861 54.877
201612 82.203 101.863 106.343
201703 44.517 102.862 57.030
201706 42.380 103.349 54.037
201709 59.231 104.136 74.953
201712 51.787 104.011 65.611
201803 70.233 105.290 87.901
201806 79.495 106.317 98.531
201809 115.998 106.507 143.519
201812 90.983 105.998 113.110
201903 84.216 107.251 103.474
201906 114.795 108.070 139.977
201909 147.803 108.329 179.793
201912 214.832 108.420 261.112
202003 159.738 108.902 193.291
202006 174.188 108.767 211.036
202009 267.393 109.815 320.868
202012 274.590 109.897 329.258
202103 351.179 111.754 414.096
202106 414.205 114.631 476.155
202109 363.825 115.734 414.255
202112 406.102 117.630 454.942
202203 429.634 121.301 466.736
202206 512.663 125.017 540.382
202209 519.842 125.227 547.031
202212 609.719 125.222 641.633
202303 705.685 127.348 730.225
202306 924.575 128.729 946.463
202309 1,442.854 129.860 1,464.150
202312 1,411.410 129.419 1,437.113
202403 3,272.782 131.776 3,272.782

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.


Federal National Mortgage Association Fannie Mae  (BUE:FNMA) 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.


Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Federal National Mortgage Association Fannie Mae (BUE:FNMA) Business Description

Address
1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments. The Single-Family business operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.