FleetPartners Group (ASX:FPR) Cyclically Adjusted PS Ratio: 1.24 (As of Jul. 27, 2026) — Near Median

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ASX:FPR FleetPartners Group Ltd ASX:FPR
75 GF Score
Price A$2.89
GF Value A$3.61
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is FleetPartners Group Cyclically Adjusted PS Ratio?

FleetPartners Group ASX:FPR +2.85% 75 Cyclically Adjusted PS Ratio is 1.24 as of Jul. 27, 2026, which is 1% above its 10-year median of 1.23. GuruFocus rates ASX:FPR with a GF Score™ of 75/100 and a GF Value™ of A$3.61 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 716 Business Services companies, FleetPartners Group ranks worse than 58.66% on this metric.

As of today (2026-07-27), FleetPartners Group's current share price is A$2.89. FleetPartners Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 was A$2.33. FleetPartners Group's Cyclically Adjusted PS Ratio for today is 1.24.

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

ASX:FPR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.23   Max: 1.46
Current: 1.2

During the past 11 years, FleetPartners Group's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 0.99. And the median was 1.23.

ASX:FPR's Cyclically Adjusted PS Ratio is ranked worse than
58.66% of 716 companies
in the Business Services industry
Industry Median: 0.91 vs ASX:FPR: 1.20

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.

FleetPartners Group's adjusted revenue per share data of for the fiscal year that ended in Sep25 was A$2.944. 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$2.33 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


FleetPartners Group  (ASX:FPR) 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.


FleetPartners Group Cyclically Adjusted PS Ratio Related Terms


FleetPartners Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FleetPartners Group'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.

FleetPartners Group Cyclically Adjusted PS Ratio Chart

FleetPartners Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.39 1.24

FleetPartners Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 1.39 0.00 1.24 0.00

ASX:FPR vs URI, SUNB, AER: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, FleetPartners Group'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.


FleetPartners Group Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, FleetPartners Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ASX:FPR
75GF Score
FleetPartners Group Ltd ASX:FPR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FleetPartners Group 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.

FleetPartners Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.89/2.33
=1.24

* 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.

FleetPartners Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep25 is calculated as:

For example, FleetPartners Group's adjusted Revenue per Share data for the fiscal year that ended in Sep25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=2.944/133.7712*133.7712
=2.944

Current CPI (Sep25) = 133.7712.

FleetPartners Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.478 0.000
201709 1.781 0.000
201809 1.839 0.000
201909 1.758 0.000
202009 1.658 0.000
202109 1.774 0.000
202209 2.050 0.000
202309 2.196 0.000
202409 2.704 129.143 2.801
202509 2.944 133.771 2.944

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.

What does a Cyclically Adjusted PS Ratio of 1.24 mean?
FleetPartners Group (ASX:FPR) has a Cyclically Adjusted PS Ratio of 1.24 as of Jul. 27, 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 FleetPartners Group and its competitors. This is near median its historical median of 1.23. Over the past decade, FleetPartners Group's Cyclically Adjusted PS Ratio has ranged from 0.99 to 1.46. According to the industry distribution chart, FleetPartners Group ranks #420 out of 716 companies in the Business Services industry, placing it in the top 58.7%.
Is FleetPartners Group's Cyclically Adjusted PS Ratio too high?
FleetPartners Group's current Cyclically Adjusted PS Ratio of 1.24 is near median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 1.46. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. FleetPartners Group's value of 1.24 is 36.3% above this industry median. Based on the distribution chart, FleetPartners Group ranks #420 out of 716 companies in the Business Services industry, which is below the industry midpoint. Overall, FleetPartners Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FleetPartners Group's Cyclically Adjusted PS Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, FleetPartners Group ranks #420 out of 716 companies for Cyclically Adjusted PS Ratio. This places FleetPartners Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. FleetPartners Group's value of 1.24 is 36.3% above this benchmark. Historically, FleetPartners Group's own Cyclically Adjusted PS Ratio has ranged from 0.99 to 1.46 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 0.91, FleetPartners Group 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 a Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 716 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. FleetPartners Group's current Cyclically Adjusted PS Ratio of 1.24 is 36.3% 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 FleetPartners Group and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FleetPartners Group's current Cyclically Adjusted PS Ratio is 1.24, which is near median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FleetPartners Group stock overvalued right now?
Based on GuruFocus' analysis, FleetPartners Group (ASX:FPR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.61, compared to a current price of A$2.89 — trading 19.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.24, which is near median its 10-year median of 1.23 and 36.3% above the Business Services industry median of 0.91. FleetPartners Group's overall GF Score™ is 75/100 with 6 warning signs 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 FleetPartners Group (ASX:FPR), the current Cyclically Adjusted PS Ratio is 1.24 as of Jul. 27, 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 FleetPartners Group (ASX:FPR) Overvalued in 2026?

Based on GuruFocus' analysis, FleetPartners Group stock appears to be undervalued. The current stock price of A$2.89 is trading 19.9% below its estimated GF Value™ of A$3.61. GuruFocus considers FleetPartners Group to be Modestly Undervalued.

Key valuation signals for ASX:FPR:

  • Cyclically Adjusted PS Ratio: 1.24 (near median its 10-year median of 1.23)
  • GF Value™: A$3.61 vs. price of A$2.89 (19.9% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 36.3% above the Business Services median (#420 of 716)

No single metric tells the full story. See the ASX:FPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FleetPartners Group Business Description

Address 101 Miller Street, Level 20, North Sydney, Sydney, NSW, AUS, 2060
FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, Novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.
75GF Score

Get the complete analysis for ASX:FPR

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.89
Price
A$3.61
GF Value