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AGNC Investment (MEX:AGNC) Cyclically Adjusted PS Ratio : 12.27 (As of Jun. 21, 2024)


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What is AGNC Investment Cyclically Adjusted PS Ratio?

As of today (2024-06-21), AGNC Investment's current share price is MXN184.00. AGNC Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN15.00. AGNC Investment's Cyclically Adjusted PS Ratio for today is 12.27.

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

MEX:AGNC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.18   Med: 7.28   Max: 20.66
Current: 10.84

During the past years, AGNC Investment's highest Cyclically Adjusted PS Ratio was 20.66. The lowest was 3.18. And the median was 7.28.

MEX:AGNC's Cyclically Adjusted PS Ratio is ranked worse than
87.63% of 493 companies
in the REITs industry
Industry Median: 4.83 vs MEX:AGNC: 10.84

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.

AGNC Investment's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN11.006. 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 MXN15.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGNC Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AGNC Investment'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.

AGNC Investment Cyclically Adjusted PS Ratio Chart

AGNC Investment 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 5.72 7.11 8.19 9.11 12.71

AGNC Investment 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 9.67 20.30 13.93 12.71 10.97

Competitive Comparison of AGNC Investment's Cyclically Adjusted PS Ratio

For the REIT - Mortgage subindustry, AGNC Investment'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.


AGNC Investment's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AGNC Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AGNC Investment 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.

AGNC Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=184.00/15
=12.27

* 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.

AGNC Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AGNC Investment'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)
=11.006/131.7762*131.7762
=11.006

Current CPI (Mar. 2024) = 131.7762.

AGNC Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.397 100.560 1.831
201409 7.688 100.428 10.088
201412 -13.257 99.070 -17.634
201503 -10.630 99.621 -14.061
201506 23.128 100.684 30.270
201509 -30.512 100.392 -40.051
201512 29.841 99.792 39.405
201603 -39.432 100.470 -51.719
201606 -6.705 101.688 -8.689
201609 30.727 101.861 39.751
201612 64.471 101.863 83.404
201703 5.346 102.862 6.849
201706 2.087 103.349 2.661
201709 15.119 104.136 19.132
201712 20.341 104.011 25.771
201803 20.511 105.290 25.671
201806 15.081 106.317 18.692
201809 10.551 106.507 13.054
201812 -30.504 105.998 -37.922
201903 10.255 107.251 12.600
201906 -15.144 108.070 -18.466
201909 0.542 108.329 0.659
201912 31.024 108.420 37.707
202003 -102.606 108.902 -124.158
202006 30.540 108.767 37.001
202009 27.220 109.815 32.664
202012 29.199 109.897 35.012
202103 38.127 111.754 44.958
202106 -14.705 114.631 -16.904
202109 9.102 115.734 10.364
202112 -0.272 117.630 -0.305
202203 -23.925 121.301 -25.991
202206 -15.828 125.017 -16.684
202209 -24.616 125.227 -25.903
202212 19.709 125.222 20.741
202303 -4.014 127.348 -4.154
202306 8.834 128.729 9.043
202309 -10.334 129.860 -10.487
202312 11.019 129.419 11.220
202403 11.006 131.776 11.006

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.


AGNC Investment  (MEX:AGNC) 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.


AGNC Investment Cyclically Adjusted PS Ratio Related Terms

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


AGNC Investment (MEX:AGNC) Business Description

Industry
Address
2 Bethesda Metro Center, 12th Floor, Bethesda, MD, USA, 20814
AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.