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Fluor (FLR) Cyclically Adjusted PS Ratio : 0.30 (As of Apr. 27, 2024)


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What is Fluor Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Fluor's current share price is $40.95. Fluor's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $137.92. Fluor's Cyclically Adjusted PS Ratio for today is 0.30.

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

FLR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.29   Max: 0.68
Current: 0.3

During the past years, Fluor's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.04. And the median was 0.29.

FLR's Cyclically Adjusted PS Ratio is ranked better than
73.27% of 1242 companies
in the Construction industry
Industry Median: 0.63 vs FLR: 0.30

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.

Fluor's adjusted revenue per share data for the three months ended in Dec. 2023 was $21.954. 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 $137.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fluor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fluor'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.

Fluor Cyclically Adjusted PS Ratio Chart

Fluor 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 0.13 0.11 0.17 0.24 0.28

Fluor 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 0.24 0.21 0.21 0.26 0.28

Competitive Comparison of Fluor's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Fluor'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.


Fluor's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fluor's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fluor 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.

Fluor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.95/137.92
=0.30

* 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.

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

For example, Fluor'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)
=21.954/129.4194*129.4194
=21.954

Current CPI (Dec. 2023) = 129.4194.

Fluor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 33.165 99.695 43.053
201406 32.730 100.560 42.123
201409 34.117 100.428 43.966
201412 34.925 99.070 45.624
201503 30.342 99.621 39.418
201506 32.518 100.684 41.799
201509 30.014 100.392 38.692
201512 30.571 99.792 39.647
201603 31.405 100.470 40.454
201606 34.489 101.688 43.894
201609 33.826 101.861 42.978
201612 35.373 101.863 44.942
201703 34.307 102.862 43.164
201706 33.730 103.349 42.239
201709 35.089 104.136 43.609
201712 2.219 104.011 2.761
201803 34.431 105.290 42.322
201806 34.562 106.317 42.072
201809 27.144 106.507 32.983
201812 54.091 105.998 66.043
201903 29.573 107.251 35.686
201906 29.587 108.070 35.432
201909 33.023 108.329 39.452
201912 18.164 108.420 21.682
202003 26.363 108.902 31.330
202006 26.576 108.767 31.622
202009 24.488 109.815 28.860
202012 23.238 109.897 27.366
202103 23.738 111.754 27.490
202106 26.128 114.631 29.499
202109 24.497 115.734 27.394
202112 25.688 117.630 28.263
202203 21.681 121.301 23.132
202206 19.180 125.017 19.855
202209 24.910 125.227 25.744
202212 25.068 125.222 25.908
202303 26.423 127.348 26.853
202306 22.901 128.729 23.024
202309 26.959 129.860 26.868
202312 21.954 129.419 21.954

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.


Fluor  (NYSE:FLR) 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.


Fluor Cyclically Adjusted PS Ratio Related Terms

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


Fluor (FLR) Business Description

Industry
Traded in Other Exchanges
Address
6700 Las Colinas Boulevard, Irving, TX, USA, 75039
Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor generated $13.7 billion in revenue in 2022.
Executives
Stacy L Dillow officer: EVP, Chief HR Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
James R Breuer officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Matthew K Rose director 2650 LOU MENK DRIVE, FORT WORTH TX 76131
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Joseph L Brennan officer: EVP, Chief Financial Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Collins Alvin C Iii officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Teri P Mcclure director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
John C Regan officer: EVP, Controller & CAO 801 CHERRY STREET, SUITE 3700, UNIT 19, FORT WORTH TX 76102
Thomas C Leppert director 15901 OLDEN ST., SYLMAR CA 91354
Terry W Towle officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
John R Reynolds officer: Chief Legal Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Carlos M Hernandez officer: Chief Legal Officer/Secretary
Mark E Fields officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Alan L Boeckmann director, officer: Chairman and CEO C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Haan Taco De officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039