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Financial 15 Split (FRA:74VA) Cyclically Adjusted PS Ratio : 2.73 (As of May. 18, 2024)


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What is Financial 15 Split Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Financial 15 Split's current share price is €5.55. Financial 15 Split's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 was €2.03. Financial 15 Split's Cyclically Adjusted PS Ratio for today is 2.73.

The historical rank and industry rank for Financial 15 Split's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:74VA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 3.44   Max: 7.17
Current: 2.64

During the past 13 years, Financial 15 Split's highest Cyclically Adjusted PS Ratio was 7.17. The lowest was 1.34. And the median was 3.44.

FRA:74VA's Cyclically Adjusted PS Ratio is ranked better than
75.57% of 876 companies
in the Asset Management industry
Industry Median: 7.41 vs FRA:74VA: 2.64

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.

Financial 15 Split's adjusted revenue per share data of for the fiscal year that ended in Nov23 was €-0.027. 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 €2.03 for the trailing ten years ended in Nov23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Financial 15 Split Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Financial 15 Split'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.

Financial 15 Split Cyclically Adjusted PS Ratio Chart

Financial 15 Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 2.20 2.50 2.21 2.22

Financial 15 Split Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 2.50 - 2.21 - 2.22

Competitive Comparison of Financial 15 Split's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Financial 15 Split'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.


Financial 15 Split's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Financial 15 Split's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Financial 15 Split's Cyclically Adjusted PS Ratio falls into.



Financial 15 Split 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.

Financial 15 Split's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.55/2.03
=2.73

* 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.

Financial 15 Split's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 is calculated as:

For example, Financial 15 Split's adjusted Revenue per Share data for the fiscal year that ended in Nov23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov23 (Change)*Current CPI (Nov23)
=-0.027/125.4675*125.4675
=-0.027

Current CPI (Nov23) = 125.4675.

Financial 15 Split Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 3.564 99.078 4.513
201511 1.900 100.421 2.374
201611 3.748 101.607 4.628
201711 4.033 103.740 4.878
201811 -0.981 105.478 -1.167
201911 3.465 107.769 4.034
202011 -1.259 108.796 -1.452
202111 3.661 113.932 4.032
202211 -0.066 121.675 -0.068
202311 -0.027 125.468 -0.027

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.


Financial 15 Split  (FRA:74VA) 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.


Financial 15 Split Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Financial 15 Split's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Financial 15 Split (FRA:74VA) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, Toronto, ON, CAN, M5V3K2
Financial 15 Split Corp is a Canada-based company. It is an independent investment management firm that is focused on the creation and management of enhanced yield products for retail investors. Its products consist of income financial trust, m-split corp, commerce split corp, and others.

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