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Federal Home Loan Mortgage (LTS:0IKZ) Cyclically Adjusted PS Ratio : 0.21 (As of Jun. 14, 2024)


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What is Federal Home Loan Mortgage Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Federal Home Loan Mortgage's current share price is $1.38. Federal Home Loan Mortgage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.44. Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio for today is 0.21.

The historical rank and industry rank for Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0IKZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.43   Max: 1.09
Current: 0.24

During the past years, Federal Home Loan Mortgage's highest Cyclically Adjusted PS Ratio was 1.09. The lowest was 0.06. And the median was 0.43.

LTS:0IKZ's Cyclically Adjusted PS Ratio is ranked better than
98.07% of 1191 companies
in the Banks industry
Industry Median: 2.35 vs LTS:0IKZ: 0.24

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.

Federal Home Loan Mortgage's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.780. 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 $6.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Home Loan Mortgage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Federal Home Loan Mortgage'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.

Federal Home Loan Mortgage Cyclically Adjusted PS Ratio Chart

Federal Home Loan Mortgage 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 0.64 0.46 0.14 0.06 0.14

Federal Home Loan Mortgage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.06 0.07 0.09 0.14 0.21

Competitive Comparison of Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Federal Home Loan Mortgage'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.


Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio falls into.



Federal Home Loan Mortgage 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.

Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.38/6.44
=0.21

* 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.

Federal Home Loan Mortgage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Federal Home Loan Mortgage's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.78/131.7762*131.7762
=1.780

Current CPI (Mar. 2024) = 131.7762.

Federal Home Loan Mortgage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.706 100.560 0.925
201409 1.395 100.428 1.830
201412 0.396 99.070 0.527
201503 0.488 99.621 0.646
201506 2.038 100.684 2.667
201509 -0.032 100.392 -0.042
201512 1.088 99.792 1.437
201603 0.011 100.470 0.014
201606 0.537 101.688 0.696
201609 1.396 101.861 1.806
201612 2.656 101.863 3.436
201703 1.222 102.862 1.565
201706 0.938 103.349 1.196
201709 2.763 104.136 3.496
201712 1.588 104.011 2.012
201803 1.499 105.290 1.876
201806 1.307 106.317 1.620
201809 1.262 106.507 1.561
201812 0.746 105.998 0.927
201903 0.895 107.251 1.100
201906 0.993 108.070 1.211
201909 1.045 108.329 1.271
201912 1.414 108.420 1.719
202003 0.749 108.902 0.906
202006 1.243 108.767 1.506
202009 1.563 109.815 1.876
202012 1.643 109.897 1.970
202103 1.630 111.754 1.922
202106 1.814 114.631 2.085
202109 1.622 115.734 1.847
202112 1.721 117.630 1.928
202203 1.808 121.301 1.964
202206 1.671 125.017 1.761
202209 1.602 125.227 1.686
202212 1.494 125.222 1.572
202303 1.493 127.348 1.545
202306 1.651 128.729 1.690
202309 1.759 129.860 1.785
202312 1.661 129.419 1.691
202403 1.780 131.776 1.780

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.


Federal Home Loan Mortgage  (LTS:0IKZ) 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.


Federal Home Loan Mortgage Cyclically Adjusted PS Ratio Related Terms

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


Federal Home Loan Mortgage (LTS:0IKZ) Business Description

Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.

Federal Home Loan Mortgage (LTS:0IKZ) Headlines

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