FA (First Advantage) Cyclically Adjusted PS Ratio: 1.75 (As of Aug. 19, 2026) — 67% Above Median

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FA First Advantage Corp FA
60 GF Score
Price $20.97
GF Value $25.35
Valuation Modestly Undervalued
! 3 Warning Signs
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What is First Advantage Cyclically Adjusted PS Ratio?

First Advantage FA +3.20% 60 Cyclically Adjusted PS Ratio is 1.75 as of Aug. 19, 2026, which is 67% above its 10-year median of 1.05. GuruFocus rates FA with a GF Score™ of 60/100 and a GF Value™ of $25.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 720 Business Services companies, First Advantage ranks worse than 69.17% on this metric.

As of today (2026-08-19), First Advantage's current share price is $20.97. First Advantage's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $12.00. First Advantage's Cyclically Adjusted PS Ratio for today is 1.75.

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

FA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.05   Max: 2
Current: 1.75

During the past years, First Advantage's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 0.61. And the median was 1.05.

FA's Cyclically Adjusted PS Ratio is ranked worse than
69.17% of 720 companies
in the Business Services industry
Industry Median: 0.87 vs FA: 1.75

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.

First Advantage's adjusted revenue per share data for the three months ended in Jun. 2026 was $2.591. 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 $12.00 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Advantage  (NAS:FA) 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.


First Advantage Cyclically Adjusted PS Ratio Related Terms


First Advantage Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for First Advantage'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.

First Advantage Cyclically Adjusted PS Ratio Chart

First Advantage Annual Data
Trend Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.80 1.04 1.45 1.19

First Advantage 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 1.31 1.23 1.19 0.97 1.50

FA vs MMS, ABM, CMPR: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, First Advantage'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.


First Advantage Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


FA
60GF Score
First Advantage Corp FA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Advantage 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.

First Advantage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.97/12.00
=1.75

* 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.

First Advantage's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, First Advantage'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)
=2.591/333.9520*333.9520
=2.591

Current CPI (Jun. 2026) = 333.9520.

First Advantage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200606 3.541 202.900 5.828
200609 3.646 202.900 6.001
200612 3.200 201.800 5.296
200703 3.486 205.352 5.669
200706 3.535 208.352 5.666
200709 3.705 208.490 5.935
200712 2.838 210.036 4.512
200803 3.415 213.528 5.341
200806 3.280 218.815 5.006
200809 3.163 218.783 4.828
200812 3.249 210.228 5.161
200903 3.406 212.709 5.347
200906 2.972 215.693 4.601
200909 2.822 215.969 4.364
201912 0.000 256.974 0.000
202006 0.808 257.797 1.047
202009 1.052 260.280 1.350
202012 0.000 260.474 0.000
202103 1.016 264.877 1.281
202106 1.291 271.696 1.587
202109 1.266 274.310 1.541
202112 1.396 278.802 1.672
202203 1.246 287.504 1.447
202206 1.323 296.311 1.491
202209 1.352 296.808 1.521
202212 1.416 296.797 1.593
202303 1.194 301.836 1.321
202306 1.275 305.109 1.396
202309 1.384 307.789 1.502
202312 1.390 306.746 1.513
202403 1.180 312.332 1.262
202406 1.265 314.175 1.345
202409 1.382 315.301 1.464
202412 1.887 315.605 1.997
202503 2.053 319.799 2.144
202506 2.231 322.561 2.310
202509 2.331 324.800 2.397
202512 2.420 324.054 2.494
202603 2.202 330.213 2.227
202606 2.591 333.952 2.591

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 1.75 mean?
First Advantage (FA) has a Cyclically Adjusted PS Ratio of 1.75 as of Aug. 19, 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 First Advantage and its competitors. This is 67% above median its historical median of 1.05. Over the past decade, First Advantage's Cyclically Adjusted PS Ratio has ranged from 0.61 to 2.00. According to the industry distribution chart, First Advantage ranks #498 out of 720 companies in the Business Services industry, placing it in the top 69.2%.
Is First Advantage's Cyclically Adjusted PS Ratio too high?
First Advantage's current Cyclically Adjusted PS Ratio of 1.75 is 67% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.00. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. First Advantage's value of 1.75 is 101.1% above this industry median. Based on the distribution chart, First Advantage ranks #498 out of 720 companies in the Business Services industry, which is below the industry midpoint. Overall, First Advantage has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Advantage's Cyclically Adjusted PS Ratio compare to MMS and ABM?
According to the Business Services industry distribution chart, First Advantage ranks #498 out of 720 companies for Cyclically Adjusted PS Ratio. This places First Advantage in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.87. First Advantage's value of 1.75 is 101.1% above this benchmark. Historically, First Advantage's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 2.00 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.87, First Advantage 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 0.87, based on 720 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. First Advantage's current Cyclically Adjusted PS Ratio of 1.75 is 101.1% 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 First Advantage and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Advantage's current Cyclically Adjusted PS Ratio is 1.75, which is 67% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Advantage stock overvalued right now?
Based on GuruFocus' analysis, First Advantage (FA) is currently considered Modestly Undervalued. The stock's GF Value™ is $25.35, compared to a current price of $20.97 — trading 17.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.75, which is 67% above median its 10-year median of 1.05 and 101.1% above the Business Services industry median of 0.87. First Advantage's overall GF Score™ is 60/100 with 3 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 First Advantage (FA), the current Cyclically Adjusted PS Ratio is 1.75 as of Aug. 19, 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 First Advantage (FA) Overvalued in 2026?

Based on GuruFocus' analysis, First Advantage stock appears to be undervalued. The current stock price of $20.97 is trading 17.3% below its estimated GF Value™ of $25.35. GuruFocus considers First Advantage to be Modestly Undervalued.

Key valuation signals for FA:

  • Cyclically Adjusted PS Ratio: 1.75 (67% above median its 10-year median of 1.05)
  • GF Value™: $25.35 vs. price of $20.97 (17.3% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 101.1% above the Business Services median (#498 of 720)

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


First Advantage Business Description

Other Exchanges 0MS:Germany
Address 1 Concourse Parkway NE, Suite 200, Atlanta, GA, USA, 30328
First Advantage Corp is a provider of software and data in the Human Resources technology industry. The company provides end-to-end identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring. It combines AI-powered proprietary technology platforms with proprietary data, primary source data, and third-party data. Its reportable segments are First Advantage Americas, First Advantage International, and Sterling. The company generates maximum revenue from the Sterling segment, which provides similar services as compared to First Advantage's Americas and International segments on a global basis. Geographically, the company generates the majority of its revenue from the United States.
60GF Score

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

$20.97
Price
$25.35
GF Value