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Federal Signal (Federal Signal) Cyclically Adjusted PS Ratio : 3.96 (As of Apr. 30, 2024)


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What is Federal Signal Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Federal Signal's current share price is $81.76. Federal Signal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $20.66. Federal Signal's Cyclically Adjusted PS Ratio for today is 3.96.

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

FSS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.68   Max: 4.19
Current: 4.12

During the past years, Federal Signal's highest Cyclically Adjusted PS Ratio was 4.19. The lowest was 0.44. And the median was 1.68.

FSS's Cyclically Adjusted PS Ratio is ranked worse than
82.79% of 2156 companies
in the Industrial Products industry
Industry Median: 1.43 vs FSS: 4.12

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 Signal's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.256. 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 $20.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Signal Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Federal Signal'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 Signal Cyclically Adjusted PS Ratio Chart

Federal Signal 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 2.22 2.18 2.56 2.48 3.71

Federal Signal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.48 2.82 3.25 2.96 3.71

Competitive Comparison of Federal Signal's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Federal Signal'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 Signal's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Signal's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Federal Signal 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 Signal's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=81.76/20.66
=3.96

* 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 Signal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Federal Signal's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.256/129.4194*129.4194
=7.256

Current CPI (Dec. 2023) = 129.4194.

Federal Signal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.143 99.695 4.080
201406 3.677 100.560 4.732
201409 3.437 100.428 4.429
201412 1.984 99.070 2.592
201503 3.085 99.621 4.008
201506 3.230 100.684 4.152
201509 2.839 100.392 3.660
201512 2.940 99.792 3.813
201603 2.743 100.470 3.533
201606 2.829 101.688 3.600
201609 3.081 101.861 3.915
201612 2.920 101.863 3.710
201703 2.949 102.862 3.710
201706 3.721 103.349 4.660
201709 4.104 104.136 5.100
201712 4.099 104.011 5.100
201803 4.107 105.290 5.048
201806 4.770 106.317 5.807
201809 4.409 106.507 5.358
201812 4.521 105.998 5.520
201903 4.474 107.251 5.399
201906 5.290 108.070 6.335
201909 5.029 108.329 6.008
201912 5.030 108.420 6.004
202003 4.637 108.902 5.511
202006 4.406 108.767 5.243
202009 4.564 109.815 5.379
202012 4.732 109.897 5.573
202103 4.519 111.754 5.233
202106 5.416 114.631 6.115
202109 4.835 115.734 5.407
202112 4.846 117.630 5.332
202203 5.378 121.301 5.738
202206 6.021 125.017 6.233
202209 5.679 125.227 5.869
202212 6.366 125.222 6.579
202303 6.289 127.348 6.391
202306 7.205 128.729 7.244
202309 7.270 129.860 7.245
202312 7.256 129.419 7.256

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 Signal  (NYSE:FSS) 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 Signal Cyclically Adjusted PS Ratio Related Terms

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


Federal Signal (Federal Signal) Business Description

Traded in Other Exchanges
Address
1415 West 22nd Street, Suite 1100, Oak Brook, IL, USA, 60523
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance waterblasting equipment, dump truck bodies and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.
Executives
Mark Weber officer: President-Envir. Products Grp. 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Felix Boeschen officer: VP Strategy/Investor Relations 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Dennis J Martin director 505 WEST FRANKLIN AVENUE, NAPERVILLE IL 60540
Lauren B Elting officer: VP & Corporate Controller 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Ian A. Hudson officer: V.P. & Corporate Controller 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Diane Bonina officer: VP, Gen'l Counsel & Secretary 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Shashank Patel director 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Svetlana Vinokur officer: VP, Treasurer & Corp. Develop. 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Jennifer L Sherman officer: VP, General Counsel & Sec. 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
William F Owens director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
John L Workman director C/O HEALTHSOUTH CORPORATION, ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243
Richard R Mudge director 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Lowe Eugene Joseph Iii director 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Patrick E. Miller director C/O COMMERICAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Samuel Miceli officer: Sr. VP - Env. Solutions. Group 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523

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