Ferguson Enterprises (FRA:UH3) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:UH3 Ferguson Enterprises Inc FRA:UH3
88 GF Score
Price €187.85
GF Value €169.47
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Ferguson Enterprises Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferguson Enterprises  (FRA:UH3) 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.


Ferguson Enterprises Cyclically Adjusted PS Ratio Related Terms


Ferguson Enterprises Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ferguson Enterprises'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.

Ferguson Enterprises Cyclically Adjusted PS Ratio Chart

Ferguson Enterprises Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.30 1.48 1.88 1.72

Ferguson Enterprises Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 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 1.60 1.36 1.72 1.67 1.77

FRA:UH3 vs FAST, GWW, WCC: Cyclically Adjusted PS Ratio Comparison

For the Industrial Distribution subindustry, Ferguson Enterprises'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.


Ferguson Enterprises Cyclically Adjusted PS Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferguson Enterprises's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:UH3
88GF Score
Ferguson Enterprises Inc FRA:UH3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferguson Enterprises 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.

Ferguson Enterprises's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 is calculated as:

For example, Ferguson Enterprises's adjusted Revenue per Share data for the fiscal year that ended in Jul25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=141.142/323.0480*323.0480
=141.142

Current CPI (Jul25) = 323.0480.

Ferguson Enterprises Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201607 68.361 240.628 91.776
201707 73.547 244.786 97.061
201807 70.243 252.006 90.045
201907 83.487 256.571 105.118
202007 79.334 259.101 98.914
202107 84.802 273.003 100.347
202207 117.312 296.276 127.913
202307 136.342 305.691 144.083
202407 134.876 314.540 138.524
202507 141.142 323.048 141.142

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.

Is Ferguson Enterprises (FRA:UH3) Overvalued in 2026?

Based on GuruFocus' analysis, Ferguson Enterprises stock appears to be overvalued. The current stock price of €187.85 is trading 10.8% above its estimated GF Value™ of €169.47. GuruFocus considers Ferguson Enterprises to be Modestly Overvalued.

Key valuation signals for FRA:UH3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €169.47 vs. price of €187.85 (10.8% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the FRA:UH3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferguson Enterprises Business Description

Other Exchanges FERG:USAFERGl:UKFERG:UK
Address 751 Lakefront Commons, Newport News, VA, USA, 23606
Ferguson distributes plumbing and HVAC products to North American repair, maintenance, and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. The firm sold its UK business in 2021 and is now solely focused on the North American market.
88GF Score

Get the complete analysis for FRA:UH3

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

€187.85
Price
€169.47
GF Value