Full House Resorts (FRA:F4L) Cyclically Adjusted PS Ratio: 0.27 (As of Aug. 19, 2026) — 53% Below Median

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FRA:F4L Full House Resorts Inc FRA:F4L
69 GF Score
Price €1.76
GF Value €4.02
Valuation Possible Value Trap
! 8 Warning Signs
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What is Full House Resorts Cyclically Adjusted PS Ratio?

Full House Resorts FRA:F4L -9.74% 69 Cyclically Adjusted PS Ratio is 0.27 as of Aug. 19, 2026, which is 53% below its 10-year median of 0.57. GuruFocus rates FRA:F4L with a GF Score™ of 69/100 and a GF Value™ of €4.02 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 672 Travel & Leisure companies, Full House Resorts ranks better than 87.65% on this metric.

As of today (2026-08-19), Full House Resorts's current share price is €1.76. Full House Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €6.55. Full House Resorts's Cyclically Adjusted PS Ratio for today is 0.27.

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

FRA:F4L' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.57   Max: 1.69
Current: 0.27

During the past years, Full House Resorts's highest Cyclically Adjusted PS Ratio was 1.69. The lowest was 0.12. And the median was 0.57.

FRA:F4L's Cyclically Adjusted PS Ratio is ranked better than
87.65% of 672 companies
in the Travel & Leisure industry
Industry Median: 1.325 vs FRA:F4L: 0.27

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.

Full House Resorts's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.859. 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 €6.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Full House Resorts  (FRA:F4L) 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.


Full House Resorts Cyclically Adjusted PS Ratio Related Terms


Full House Resorts Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Full House Resorts'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.

Full House Resorts Cyclically Adjusted PS Ratio Chart

Full House Resorts 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 1.69 1.04 0.75 0.55 0.34

Full House Resorts 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 0.48 0.42 0.34 0.29 0.36

FRA:F4L vs CPHC, CNTY, TBTC: Cyclically Adjusted PS Ratio Comparison

For the Resorts & Casinos subindustry, Full House Resorts'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.


Full House Resorts Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Full House Resorts's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Full House Resorts's Cyclically Adjusted PS Ratio falls into.


FRA:F4L
69GF Score
Full House Resorts Inc FRA:F4L
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Full House Resorts 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.

Full House Resorts's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.76/6.55
=0.27

* 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.

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

For example, Full House Resorts'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)
=1.859/333.9520*333.9520
=1.859

Current CPI (Jun. 2026) = 333.9520.

Full House Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.839 241.428 2.544
201612 1.865 241.432 2.580
201703 1.620 243.801 2.219
201706 1.561 244.955 2.128
201709 1.550 246.819 2.097
201712 1.395 246.524 1.890
201803 1.297 249.554 1.736
201806 1.311 251.989 1.737
201809 1.324 252.439 1.752
201812 1.311 251.233 1.743
201903 1.330 254.202 1.747
201906 1.356 256.143 1.768
201909 1.461 256.759 1.900
201912 1.299 256.974 1.688
202003 1.018 258.115 1.317
202006 0.476 257.797 0.617
202009 1.297 260.280 1.664
202012 1.067 260.474 1.368
202103 1.296 264.877 1.634
202106 1.075 271.696 1.321
202109 1.096 274.310 1.334
202112 1.042 278.802 1.248
202203 1.027 287.504 1.193
202206 1.220 296.311 1.375
202209 1.213 296.808 1.365
202212 0.990 296.797 1.114
202303 1.360 301.836 1.505
202306 1.589 305.109 1.739
202309 1.828 307.789 1.983
202312 1.591 306.746 1.732
202403 1.860 312.332 1.989
202406 1.967 314.175 2.091
202409 1.952 315.301 2.067
202412 1.957 315.605 2.071
202503 1.938 319.799 2.024
202506 1.778 322.561 1.841
202509 1.839 324.800 1.891
202512 1.783 324.054 1.837
202603 1.781 330.213 1.801
202606 1.859 333.952 1.859

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 0.27 mean?
Full House Resorts (FRA:F4L) has a Cyclically Adjusted PS Ratio of 0.27 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 Full House Resorts and its competitors. This is 53% below median its historical median of 0.57. Over the past decade, Full House Resorts' Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.69. According to the industry distribution chart, Full House Resorts ranks #83 out of 672 companies in the Travel & Leisure industry, placing it in the top 12.4%.
Is Full House Resorts' Cyclically Adjusted PS Ratio too high?
Full House Resorts' current Cyclically Adjusted PS Ratio of 0.27 is 53% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.69. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.33. Full House Resorts' value of 0.27 is 79.6% below this industry median. Based on the distribution chart, Full House Resorts ranks #83 out of 672 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Full House Resorts has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Full House Resorts' Cyclically Adjusted PS Ratio compare to CPHC and CNTY?
According to the Travel & Leisure industry distribution chart, Full House Resorts ranks #83 out of 672 companies for Cyclically Adjusted PS Ratio. This places Full House Resorts in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.33. Full House Resorts' value of 0.27 is 79.6% below this benchmark. Historically, Full House Resorts' own Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.69 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.33, Full House Resorts 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.33, based on 672 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. Full House Resorts's current Cyclically Adjusted PS Ratio of 0.27 is 79.6% 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 Full House Resorts and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Full House Resorts's current Cyclically Adjusted PS Ratio is 0.27, which is 53% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full House Resorts stock overvalued right now?
Based on GuruFocus' analysis, Full House Resorts (FRA:F4L) is currently considered Possible Value Trap. The stock's GF Value™ is €4.02, compared to a current price of €1.76 — trading 56.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is 53% below median its 10-year median of 0.57 and 79.6% below the Travel & Leisure industry median of 1.33. Full House Resorts' overall GF Score™ is 69/100 with 8 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 Full House Resorts (FRA:F4L), the current Cyclically Adjusted PS Ratio is 0.27 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 Full House Resorts (FRA:F4L) Overvalued in 2026?

Based on GuruFocus' analysis, Full House Resorts stock appears to be undervalued. The current stock price of €1.76 is trading 56.2% below its estimated GF Value™ of €4.02. GuruFocus considers Full House Resorts to be Possible Value Trap.

Key valuation signals for FRA:F4L:

  • Cyclically Adjusted PS Ratio: 0.27 (53% below median its 10-year median of 0.57)
  • GF Value™: €4.02 vs. price of €1.76 (56.2% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 79.6% below the Travel & Leisure median (#83 of 672)

No single metric tells the full story. See the FRA:F4L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Full House Resorts Business Description

Other Exchanges FLL:USA
Address 1980 Festival Plaza Drive, Suite 680, One Summerlin, Las Vegas, NV, USA, 89135
Full House Resorts Inc owns, operates, develops, manages, and invests in casinos and related hospitality and entertainment facilities. It offers facilities related to gaming, hotel, dining, entertainment, retail, and other amenities. The group's reportable segments are Midwest & South, West, and Contracted Sports Wagering, It generates the majority of its revenue from the Midwest & South segment which includes Silver Slipper Casino and Hotel, Rising Star Casino Resort, and American Place. The west segment includes Grand Lodge, Stockman's Casino, Bronco Billy's Casino and Hotel, and Chamonix Casino Hotel. The Contracted Sports Wagering segment comprises on-site and online sports wagering skins. Geographically, it operates in United States.
69GF Score

Get the complete analysis for FRA:F4L

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

€1.76
Price
€4.02
GF Value