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FTEV.U (FinTech Evolution Acquisition Group) Cyclically Adjusted PS Ratio : (As of Sep. 21, 2024)


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What is FinTech Evolution Acquisition Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

FinTech Evolution Acquisition Group does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

FinTech Evolution Acquisition Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FinTech Evolution Acquisition Group'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.

FinTech Evolution Acquisition Group Cyclically Adjusted PS Ratio Chart

FinTech Evolution Acquisition Group Annual Data
Trend Dec20 Dec21
Cyclically Adjusted PS Ratio
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FinTech Evolution Acquisition Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of FinTech Evolution Acquisition Group's Cyclically Adjusted PS Ratio

For the Shell Companies subindustry, FinTech Evolution Acquisition Group'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.

FinTech Evolution Acquisition Group's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FinTech Evolution Acquisition Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where FinTech Evolution Acquisition Group's Cyclically Adjusted PS Ratio falls into.


FinTech Evolution Acquisition Group 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.

FinTech Evolution Acquisition Group does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

FinTech Evolution Acquisition Group  (NYSE:FTEV.U) 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.

FinTech Evolution Acquisition Group Cyclically Adjusted PS Ratio Related Terms

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FinTech Evolution Acquisition Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FinTech Evolution Acquisition Group (NYSE:FTEV.U) » Definitions » Cyclically Adjusted PS Ratio
Comparable Companies
FTPA EMLD CNDA FTCV FTVI PICC BACA ATVC EAC NVSA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Website
https://www.fintechevolution.net
FinTech Evolution Acquisition Group is a blank check company.
Executives
Caroline Grace director 200 E. RANDOLPH ST., CHICAGO IL 60601
Rohit Bhagat director, 10 percent owner, officer: Chief Executive Officer BLACKROCK, INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Charles G Goldman director C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET, SAN FRANCISCO CA 94108
Michael Arthur Latham director, 10 percent owner, officer: Chief Operating Officer 200 WEST STREET, NEW YORK NY 10282
Christopher Gaertner director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fintech Evolution Sponsor Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105