GURUFOCUS.COM » STOCK LIST » Technology » Software » Fair Isaac Corp (FRA:FRI) » Definitions » Cyclically Adjusted PS Ratio

Fair Isaac (FRA:FRI) Cyclically Adjusted PS Ratio : 28.12 (As of May. 27, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Fair Isaac Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Fair Isaac's current share price is €1245.50. Fair Isaac's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €44.29. Fair Isaac's Cyclically Adjusted PS Ratio for today is 28.12.

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

FRA:FRI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.98   Med: 9.15   Max: 30.35
Current: 29.77

During the past years, Fair Isaac's highest Cyclically Adjusted PS Ratio was 30.35. The lowest was 2.98. And the median was 9.15.

FRA:FRI's Cyclically Adjusted PS Ratio is ranked worse than
98.27% of 1445 companies
in the Software industry
Industry Median: 1.84 vs FRA:FRI: 29.77

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.

Fair Isaac's adjusted revenue per share data for the three months ended in Mar. 2024 was €15.866. 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 €44.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fair Isaac Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fair Isaac'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.

Fair Isaac Cyclically Adjusted PS Ratio Chart

Fair Isaac Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.63 14.56 11.88 10.52 19.75

Fair Isaac 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 16.98 18.93 19.75 26.06 26.87

Competitive Comparison of Fair Isaac's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Fair Isaac'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.


Fair Isaac's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Fair Isaac's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fair Isaac 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.

Fair Isaac's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1245.50/44.29
=28.12

* 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.

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

For example, Fair Isaac'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)
=15.866/131.7762*131.7762
=15.866

Current CPI (Mar. 2024) = 131.7762.

Fair Isaac Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.136 100.560 5.420
201409 5.179 100.428 6.796
201412 4.640 99.070 6.172
201503 5.898 99.621 7.802
201506 5.764 100.684 7.544
201509 6.383 100.392 8.378
201512 5.663 99.792 7.478
201603 5.753 100.470 7.546
201606 6.577 101.688 8.523
201609 6.521 101.861 8.436
201612 6.398 101.863 8.277
201703 6.619 102.862 8.480
201706 6.380 103.349 8.135
201709 6.721 104.136 8.505
201712 6.221 104.011 7.882
201803 6.640 105.290 8.310
201806 7.005 106.317 8.682
201809 7.162 106.507 8.861
201812 7.599 105.998 9.447
201903 8.138 107.251 9.999
201906 9.181 108.070 11.195
201909 9.153 108.329 11.134
201912 8.905 108.420 10.823
202003 9.295 108.902 11.247
202006 9.366 108.767 11.347
202009 10.655 109.815 12.786
202012 8.621 109.897 10.337
202103 9.425 111.754 11.114
202106 9.614 114.631 11.052
202109 9.970 115.734 11.352
202112 10.365 117.630 11.612
202203 12.276 121.301 13.336
202206 12.762 125.017 13.452
202209 13.779 125.227 14.500
202212 12.796 125.222 13.466
202303 13.973 127.348 14.459
202306 14.524 128.729 14.868
202309 14.451 129.860 14.664
202312 13.892 129.419 14.145
202403 15.866 131.776 15.866

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.


Fair Isaac  (FRA:FRI) 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.


Fair Isaac Cyclically Adjusted PS Ratio Related Terms

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


Fair Isaac (FRA:FRI) Business Description

Industry
Traded in Other Exchanges
Address
5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer offerings. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.