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Fortune Brands Innovations (STU:2FB) Cyclically Adjusted PS Ratio : 1.77 (As of May. 26, 2024)


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What is Fortune Brands Innovations Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Fortune Brands Innovations's current share price is €64.50. Fortune Brands Innovations's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €36.37. Fortune Brands Innovations's Cyclically Adjusted PS Ratio for today is 1.77.

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

STU:2FB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.88   Max: 3
Current: 1.77

During the past years, Fortune Brands Innovations's highest Cyclically Adjusted PS Ratio was 3.00. The lowest was 0.99. And the median was 1.88.

STU:2FB's Cyclically Adjusted PS Ratio is ranked worse than
77.89% of 1280 companies
in the Construction industry
Industry Median: 0.64 vs STU:2FB: 1.77

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.

Fortune Brands Innovations's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.038. 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 €36.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Brands Innovations Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fortune Brands Innovations'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.

Fortune Brands Innovations Cyclically Adjusted PS Ratio Chart

Fortune Brands Innovations 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 1.86 2.40 2.72 1.55 1.96

Fortune Brands Innovations 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 1.56 1.88 1.61 1.96 2.13

Competitive Comparison of Fortune Brands Innovations's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.


Fortune Brands Innovations's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fortune Brands Innovations's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fortune Brands Innovations 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.

Fortune Brands Innovations's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=64.50/36.37
=1.77

* 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.

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

For example, Fortune Brands Innovations'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)
=8.038/131.7762*131.7762
=8.038

Current CPI (Mar. 2024) = 131.7762.

Fortune Brands Innovations Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.481 100.560 5.872
201409 5.029 100.428 6.599
201412 5.201 99.070 6.918
201503 5.403 99.621 7.147
201506 6.369 100.684 8.336
201509 6.755 100.392 8.867
201512 6.897 99.792 9.108
201603 6.230 100.470 8.171
201606 7.348 101.688 9.522
201609 7.231 101.861 9.355
201612 7.864 101.863 10.173
201703 7.104 102.862 9.101
201706 7.760 103.349 9.894
201709 7.258 104.136 9.184
201712 7.556 104.011 9.573
201803 6.690 105.290 8.373
201806 8.338 106.317 10.335
201809 8.206 106.507 10.153
201812 8.763 105.998 10.894
201903 8.282 107.251 10.176
201906 9.440 108.070 11.511
201909 9.402 108.329 11.437
201912 9.386 108.420 11.408
202003 9.016 108.902 10.910
202006 8.802 108.767 10.664
202009 9.983 109.815 11.979
202012 -4.725 109.897 -5.666
202103 10.581 111.754 12.477
202106 11.446 114.631 13.158
202109 12.086 115.734 13.761
202112 -5.747 117.630 -6.438
202203 7.686 121.301 8.350
202206 9.052 125.017 9.541
202209 9.281 125.227 9.766
202212 8.270 125.222 8.703
202303 7.559 127.348 7.822
202306 8.424 128.729 8.623
202309 9.247 129.860 9.383
202312 8.379 129.419 8.532
202403 8.038 131.776 8.038

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.


Fortune Brands Innovations  (STU:2FB) 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.


Fortune Brands Innovations Cyclically Adjusted PS Ratio Related Terms

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


Fortune Brands Innovations (STU:2FB) Business Description

Traded in Other Exchanges
Address
520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611
Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.

Fortune Brands Innovations (STU:2FB) Headlines

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