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Fidus Investment (FRA:8QP) Cyclically Adjusted PS Ratio : 5.99 (As of Sep. 22, 2024)


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What is Fidus Investment Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Fidus Investment's current share price is €17.20. Fidus Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €2.87. Fidus Investment's Cyclically Adjusted PS Ratio for today is 5.99.

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

FRA:8QP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.71   Med: 6.69   Max: 7.73
Current: 6.27

During the past years, Fidus Investment's highest Cyclically Adjusted PS Ratio was 7.73. The lowest was 2.71. And the median was 6.69.

FRA:8QP's Cyclically Adjusted PS Ratio is ranked better than
57.18% of 878 companies
in the Asset Management industry
Industry Median: 7.895 vs FRA:8QP: 6.27

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.

Fidus Investment's adjusted revenue per share data for the three months ended in Jun. 2024 was €0.811. 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 €2.87 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidus Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fidus Investment'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.

Fidus Investment Cyclically Adjusted PS Ratio Chart

Fidus Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.99 5.83 6.61 6.69 6.63

Fidus Investment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6.85 6.54 6.63 6.46 6.25

Competitive Comparison of Fidus Investment's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Fidus Investment'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.


Fidus Investment's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Fidus Investment 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.

Fidus Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.20/2.87
=5.99

* 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.

Fidus Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Fidus Investment's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.811/132.5538*132.5538
=0.811

Current CPI (Jun. 2024) = 132.5538.

Fidus Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.352 100.428 0.465
201412 0.445 99.070 0.595
201503 0.431 99.621 0.573
201506 0.401 100.684 0.528
201509 0.343 100.392 0.453
201512 0.519 99.792 0.689
201603 0.478 100.470 0.631
201606 0.721 101.688 0.940
201609 0.438 101.861 0.570
201612 0.707 101.863 0.920
201703 0.515 102.862 0.664
201706 0.443 103.349 0.568
201709 0.453 104.136 0.577
201712 0.534 104.011 0.681
201803 0.619 105.290 0.779
201806 0.328 106.317 0.409
201809 0.542 106.507 0.675
201812 0.484 105.998 0.605
201903 0.482 107.251 0.596
201906 0.191 108.070 0.234
201909 0.569 108.329 0.696
201912 0.805 108.420 0.984
202003 -0.884 108.902 -1.076
202006 0.355 108.767 0.433
202009 0.778 109.815 0.939
202012 1.066 109.897 1.286
202103 0.529 111.754 0.627
202106 0.936 114.631 1.082
202109 1.057 115.734 1.211
202112 2.033 117.630 2.291
202203 0.502 121.301 0.549
202206 0.385 125.017 0.408
202209 0.539 125.227 0.571
202212 0.713 125.222 0.755
202303 0.659 127.348 0.686
202306 0.533 128.729 0.549
202309 0.925 129.860 0.944
202312 0.942 129.419 0.965
202403 0.680 131.776 0.684
202406 0.811 132.554 0.811

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.


Fidus Investment  (FRA:8QP) 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.


Fidus Investment Cyclically Adjusted PS Ratio Related Terms

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


Fidus Investment Business Description

Traded in Other Exchanges
Address
1603 Orrington Avenue, Suite 1005, Evanston, IL, USA, 60201
Fidus Investment Corp is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company. The company provides customized debt and equity financing solutions to lower middle-market companies, which management generally defines as U.S. based companies with revenues between $10 million and $150 million. The company invests in companies that possess some or all of the following attributes: predictable revenues; positive cash flows; defensible market positions; diversified customer and supplier bases; and management teams with operating discipline.

Fidus Investment Headlines

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