Fabrinet (MEX:FNN) Cyclically Adjusted PS Ratio: (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

MEX:FNN Fabrinet MEX:FNN
67 GF Score
Price MXN8,684.88
GF Value MXN5,524.48
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Fabrinet 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


Fabrinet  (MEX:FNN) 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.


Fabrinet Cyclically Adjusted PS Ratio Related Terms


Fabrinet Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fabrinet'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.

Fabrinet Cyclically Adjusted PS Ratio Chart

Fabrinet Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 1.95 2.73 4.50 4.71

Fabrinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.28 4.71 5.62 6.80 7.38

MEX:FNN vs TTMI, SANM, LFUS: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Fabrinet'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.


Fabrinet Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Fabrinet's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:FNN
67GF Score
Fabrinet MEX:FNN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fabrinet 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.

Fabrinet's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fabrinet's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=603.206/330.2130*330.2130
=603.206

Current CPI (Mar. 2026) = 330.2130.

Fabrinet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 137.185 241.018 187.954
201609 171.985 241.428 235.232
201612 191.503 241.432 261.924
201703 182.382 243.801 247.025
201706 175.489 244.955 236.569
201709 169.916 246.819 227.326
201712 173.496 246.524 232.394
201803 158.600 249.554 209.862
201806 179.677 251.989 235.453
201809 189.960 252.439 248.485
201812 211.216 251.233 277.616
201903 206.155 254.202 267.799
201906 207.460 256.143 267.452
201909 210.048 256.759 270.139
201912 212.866 256.974 273.534
202003 255.101 258.115 326.357
202006 248.878 257.797 318.789
202009 258.026 260.280 327.353
202012 240.407 260.474 304.773
202103 260.515 264.877 324.775
202106 269.214 271.696 327.196
202109 299.287 274.310 360.280
202112 309.542 278.802 366.621
202203 299.887 287.504 344.436
202206 317.730 296.311 354.083
202209 358.669 296.808 399.036
202212 352.909 296.797 392.643
202303 324.196 301.836 354.675
202306 306.089 305.109 331.274
202309 327.301 307.789 351.147
202312 330.179 306.746 355.439
202403 331.687 312.332 350.676
202406 377.725 314.175 397.007
202409 434.945 315.301 455.516
202412 477.597 315.605 499.703
202503 493.073 319.799 509.130
202506 474.652 322.561 485.912
202509 497.077 324.800 505.361
202512 562.669 324.054 573.363
202603 603.206 330.213 603.206

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 Fabrinet (MEX:FNN) Overvalued in 2026?

Based on GuruFocus' analysis, Fabrinet stock appears to be overvalued. The current stock price of MXN8,684.88 is trading 57.2% above its estimated GF Value™ of MXN5,524.48. GuruFocus considers Fabrinet to be Significantly Overvalued.

Key valuation signals for MEX:FNN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN5,524.48 vs. price of MXN8,684.88 (57.2% above fair value)
  • GF Score™: 67/100 with 3 warning signs

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


Fabrinet Business Description

Other Exchanges FN:USA1FN:ItalyFAN:Germany
Address C/o Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Fabrinet provides advance-level optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company offers a broad range of advance optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, complex printed circuit board assembly, advance-level of packaging, integration, final assembly, and testing. The company generates the majority of its revenue from North America and Asia-Pacific, with the rest from Europe.
67GF Score

Get the complete analysis for MEX:FNN

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

MXN8,684.88
Price
MXN5,524.48
GF Value