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Future Generation AustraliaASX:FGX +1.11%60 Cyclically Adjusted PS Ratio is 10.50 as of Jul. 15, 2026, which is 20900% above its 10-year median of 0.05. GuruFocus rates ASX:FGX with a GF Score™ of 60/100 and a GF Value™ of A$1.39 (Fairly Valued). The stock has 1 warning sign investors should review. Among 902 Asset Management companies, Future Generation Australia ranks worse than 65.41% on this metric.
The historical rank and industry rank for Future Generation Australia's Cyclically Adjusted PS Ratio or its related term are showing as below:
ASX:FGX'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 16.13
Current: 10.99
During the past 13 years, Future Generation Australia's highest Cyclically Adjusted PS Ratio was 16.13. The lowest was 0.02. And the median was 0.05.
ASX:FGX's Cyclically Adjusted PS Ratio is ranked worse than 65.41% of 902
companies
in the Asset Management industry
Industry Median: 7.66
vs ASX:FGX: 10.99
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.
Future Generation Australia's adjusted revenue per share data of for the fiscal year that ended in Dec25 was A$0.191. 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 A$0.13 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Future Generation Australia (ASX:FGX) 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.
Future Generation Australia Cyclically Adjusted PS Ratio Related Terms
Future Generation Australia Cyclically Adjusted PS Ratio Historical Data
* 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.
Future Generation Australia Cyclically Adjusted PS Ratio Chart
ASX:FGX vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison
For the Asset Management subindustry, Future Generation Australia'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.
Future Generation Australia Cyclically Adjusted PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Future Generation Australia's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Future Generation Australia's Cyclically Adjusted PS Ratio falls into.
Future Generation Australia 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.
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 10.50 mean?
Future Generation Australia (ASX:FGX) has a Cyclically Adjusted PS Ratio of 10.50 as of Jul. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Future Generation Australia and its competitors. This is 20900% above median its historical median of 0.05. Over the past decade, Future Generation Australia's Cyclically Adjusted PS Ratio has ranged from 0.02 to 16.13. According to the industry distribution chart, Future Generation Australia ranks #590 out of 902 companies in the Asset Management industry, placing it in the top 65.4%.
Is Future Generation Australia's Cyclically Adjusted PS Ratio too high?
Future Generation Australia's current Cyclically Adjusted PS Ratio of 10.50 is 20900% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 16.13. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.66. Future Generation Australia's value of 10.50 is 37.1% above this industry median. Based on the distribution chart, Future Generation Australia ranks #590 out of 902 companies in the Asset Management industry, which is below the industry midpoint. Overall, Future Generation Australia has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Future Generation Australia's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Future Generation Australia ranks #590 out of 902 companies for Cyclically Adjusted PS Ratio. This places Future Generation Australia in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.66. Future Generation Australia's value of 10.50 is 37.1% above this benchmark. Historically, Future Generation Australia's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 16.13 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 7.66, Future Generation Australia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.66, based on 902 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Future Generation Australia's current Cyclically Adjusted PS Ratio of 10.50 is 37.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Future Generation Australia and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Generation Australia's current Cyclically Adjusted PS Ratio is 10.50, which is 20900% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Generation Australia stock overvalued right now?
Based on GuruFocus' analysis, Future Generation Australia (ASX:FGX) is currently considered Fairly Valued. The stock's GF Value™ is A$1.39, compared to a current price of A$1.37 — trading 1.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.50, which is 20900% above median its 10-year median of 0.05 and 37.1% above the Asset Management industry median of 7.66. Future Generation Australia's overall GF Score™ is 60/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Future Generation Australia (ASX:FGX), the current Cyclically Adjusted PS Ratio is 10.50 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Future Generation Australia (ASX:FGX) Overvalued in 2026?
Based on GuruFocus' analysis, Future Generation Australia stock appears to be undervalued.
The current stock price of A$1.37 is trading 1.8% below its estimated GF Value™ of A$1.39.
GuruFocus considers Future Generation Australia to be Fairly Valued.
Key valuation signals for ASX:FGX:
Cyclically Adjusted PS Ratio: 10.50 (20900% above median its 10-year median of 0.05)
GF Value™: A$1.39 vs. price of A$1.37 (1.8% below fair value)
Industry Position: 37.1% above the Asset Management median (#590 of 902)
No single metric tells the full story. See the ASX:FGX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Generation Australia Ltd is an investment company engaged in investing activities, including cash, term deposits, and investments in underlying funds managed by Australian equity fund managers.
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