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Freightways Group (Freightways Group) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Freightways 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freightways Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Freightways 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.

Freightways Group Cyclically Adjusted PS Ratio Chart

Freightways Group Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.67 2.15 3.42 2.19

Freightways Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 3.42 - 2.19 - -

Competitive Comparison of Freightways Group's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, Freightways 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.


Freightways Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Freightways Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Freightways 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.

Freightways Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun22 is calculated as:

For example, Freightways Group's adjusted Revenue per Share data for the fiscal year that ended in Jun22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=16.698/118.6897*118.6897
=16.698

Current CPI (Jun22) = 118.6897.

Freightways Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201306 10.426 98.061 12.619
201406 12.085 99.646 14.395
201506 10.838 100.063 12.856
201606 11.476 100.480 13.556
201706 12.726 102.231 14.775
201806 12.970 103.764 14.836
201906 13.051 105.502 14.682
202006 12.849 107.035 14.248
202106 17.136 110.614 18.387
202206 16.698 118.690 16.698

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.


Freightways Group  (OTCPK:FTWYY) 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.


Freightways Group Cyclically Adjusted PS Ratio Related Terms

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Freightways Group (Freightways Group) Business Description

Traded in Other Exchanges
Address
32 Botha Road, Penrose, Auckland, NTL, NZL, DX CX10120
Freightways Ltd is a provider of express package services throughout New Zealand. The company is organized into three reportable segments: Express Package and Business Mail, Information Management and Corporate and others. The Express Package and Business Mail segment cover network courier, point-to-point courier, and postal services. Information management comprises secure paper-based and electronic business information management services. Corporate and other comprises corporate, financing, and property management services. Key revenue is derived from the Express Package and Business Mail divisions.

Freightways Group (Freightways Group) Headlines

From GuruFocus

David Herro Comments on Freightways

By Sydnee Gatewood Sydnee Gatewood 01-11-2021