Federal National Mortgage Association Fannie Mae (BUE:FNMA) Cyclically Adjusted PS Ratio: 1.07 (As of Aug. 30, 2026) — 67% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BUE:FNMA Federal National Mortgage Association Fannie Mae BUE:FNMA
22 GF Score
Price ARS9,900.00
GF Value ARS9,326.52
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio?

Federal National Mortgage Association Fannie Mae BUE:FNMA 22 Cyclically Adjusted PS Ratio is 1.07 as of Aug. 30, 2026, which is 67% above its 10-year median of 0.64. GuruFocus rates BUE:FNMA with a GF Scoreâ„¢ of 22/100 and a GF Valueâ„¢ of ARS9,326.52 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,296 Banks companies, Federal National Mortgage Association Fannie Mae ranks better than 89.2% on this metric.

As of today (2026-08-30), Federal National Mortgage Association Fannie Mae's current share price is ARS9900.00. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS9,223.96. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio for today is 1.07.

The historical rank and industry rank for Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:FNMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.64   Max: 2.79
Current: 1.12

During the past years, Federal National Mortgage Association Fannie Mae's highest Cyclically Adjusted PS Ratio was 2.79. The lowest was 0.07. And the median was 0.64.

BUE:FNMA's Cyclically Adjusted PS Ratio is ranked better than
89.2% of 1296 companies
in the Banks industry
Industry Median: 3.43 vs BUE:FNMA: 1.12

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 National Mortgage Association Fannie Mae's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS5,687.036. 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 ARS9,223.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal National Mortgage Association Fannie Mae  (BUE:FNMA) 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 National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Related Terms


Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Federal National Mortgage Association Fannie Mae'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.

Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Chart

Federal National Mortgage Association Fannie Mae Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.07 0.22 0.63 2.03

Federal National Mortgage Association Fannie Mae Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.82 2.27 2.03 1.33 1.17

BUE:FNMA vs PFSI, FMCC, WD: Cyclically Adjusted PS Ratio Comparison

For the Mortgage Finance subindustry, Federal National Mortgage Association Fannie Mae'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 National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio falls into.


BUE:FNMA
22GF Score
Federal National Mortgage Association Fannie Mae BUE:FNMA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal National Mortgage Association Fannie Mae 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 National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9900.00/9223.96
=1.07

* 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 National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Federal National Mortgage Association Fannie Mae's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5687.036/333.9520*333.9520
=5,687.036

Current CPI (Jun. 2026) = 333.9520.

Federal National Mortgage Association Fannie Mae Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 42.419 241.428 58.676
201612 82.203 241.432 113.704
201703 44.517 243.801 60.978
201706 42.380 244.955 57.777
201709 59.231 246.819 80.141
201712 51.787 246.524 70.153
201803 70.233 249.554 93.985
201806 79.495 251.989 105.352
201809 115.998 252.439 153.454
201812 90.983 251.233 120.939
201903 84.216 254.202 110.637
201906 114.795 256.143 149.666
201909 147.803 256.759 192.239
201912 214.832 256.974 279.186
202003 159.738 258.115 206.671
202006 174.188 257.797 225.644
202009 267.393 260.280 343.078
202012 274.590 260.474 352.050
202103 351.179 264.877 442.760
202106 414.205 271.696 509.115
202109 363.825 274.310 442.930
202112 406.102 278.802 486.433
202203 429.634 287.504 499.044
202206 512.663 296.311 577.788
202209 519.842 296.808 584.898
202212 609.719 296.797 686.048
202303 705.685 301.836 780.771
202306 924.575 305.109 1,011.978
202309 1,442.854 307.789 1,565.501
202312 1,372.450 306.746 1,494.176
202403 3,272.782 312.332 3,499.328
202406 3,519.849 314.175 3,741.420
202409 3,599.003 315.301 3,811.895
202412 4,149.862 315.605 4,391.105
202503 3,911.215 319.799 4,084.309
202506 4,512.376 322.561 4,671.727
202509 5,059.882 324.800 5,202.456
202512 5,311.372 324.054 5,473.604
202603 5,070.982 330.213 5,128.401
202606 5,687.036 333.952 5,687.036

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 1.07 mean?
Federal National Mortgage Association Fannie Mae (BUE:FNMA) has a Cyclically Adjusted PS Ratio of 1.07 as of Aug. 30, 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 Federal National Mortgage Association Fannie Mae and its competitors. This is 67% above median its historical median of 0.64. Over the past decade, Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio has ranged from 0.07 to 2.79. According to the industry distribution chart, Federal National Mortgage Association Fannie Mae ranks #140 out of 1296 companies in the Banks industry, placing it in the top 10.8%.
Is Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio too high?
Federal National Mortgage Association Fannie Mae's current Cyclically Adjusted PS Ratio of 1.07 is 67% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.79. The Banks industry median Cyclically Adjusted PS Ratio is 3.43. Federal National Mortgage Association Fannie Mae's value of 1.07 is 68.8% below this industry median. Based on the distribution chart, Federal National Mortgage Association Fannie Mae ranks #140 out of 1296 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Federal National Mortgage Association Fannie Mae has a GF Score™ of 22/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio compare to PFSI and FMCC?
According to the Banks industry distribution chart, Federal National Mortgage Association Fannie Mae ranks #140 out of 1296 companies for Cyclically Adjusted PS Ratio. This places Federal National Mortgage Association Fannie Mae in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.43. Federal National Mortgage Association Fannie Mae's value of 1.07 is 68.8% below this benchmark. Historically, Federal National Mortgage Association Fannie Mae's own Cyclically Adjusted PS Ratio has ranged from 0.07 to 2.79 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 3.43, Federal National Mortgage Association Fannie Mae has consistently been below 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.43, based on 1,296 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. Federal National Mortgage Association Fannie Mae's current Cyclically Adjusted PS Ratio of 1.07 is 68.8% below 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 Federal National Mortgage Association Fannie Mae and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal National Mortgage Association Fannie Mae's current Cyclically Adjusted PS Ratio is 1.07, which is 67% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal National Mortgage Association Fannie Mae stock overvalued right now?
Based on GuruFocus' analysis, Federal National Mortgage Association Fannie Mae (BUE:FNMA) is currently considered Fairly Valued. The stock's GF Value™ is ARS9,326.52, compared to a current price of ARS9,900.00 — trading 6.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.07, which is 67% above median its 10-year median of 0.64 and 68.8% below the Banks industry median of 3.43. Federal National Mortgage Association Fannie Mae's overall GF Score™ is 22/100 with 2 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 Federal National Mortgage Association Fannie Mae (BUE:FNMA), the current Cyclically Adjusted PS Ratio is 1.07 as of Aug. 30, 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 Federal National Mortgage Association Fannie Mae (BUE:FNMA) Overvalued in 2026?

Based on GuruFocus' analysis, Federal National Mortgage Association Fannie Mae stock appears to be overvalued. The current stock price of ARS9,900.00 is trading 6.1% above its estimated GF Value™ of ARS9,326.52. GuruFocus considers Federal National Mortgage Association Fannie Mae to be Fairly Valued.

Key valuation signals for BUE:FNMA:

  • Cyclically Adjusted PS Ratio: 1.07 (67% above median its 10-year median of 0.64)
  • GF Value™: ARS9,326.52 vs. price of ARS9,900.00 (6.1% above fair value)
  • GF Score™: 22/100 with 2 warning signs
  • Industry Position: 68.8% below the Banks median (#140 of 1296)

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


Federal National Mortgage Association Fannie Mae Business Description

Address 1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments namely the Single-Family business that operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units and the Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.
22GF Score

Get the complete analysis for BUE:FNMA

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

ARS9,900.00
Price
ARS9,326.52
GF Value