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Fon SE (WAR:FON) Cyclically Adjusted PS Ratio : 3.93 (As of May. 15, 2024)


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What is Fon SE Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Fon SE's current share price is zł5.58. Fon SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł1.42. Fon SE's Cyclically Adjusted PS Ratio for today is 3.93.

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

WAR:FON' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.09   Med: 3.73   Max: 150.35
Current: 3.94

During the past years, Fon SE's highest Cyclically Adjusted PS Ratio was 150.35. The lowest was 2.09. And the median was 3.73.

WAR:FON's Cyclically Adjusted PS Ratio is ranked better than
69.29% of 876 companies
in the Asset Management industry
Industry Median: 7.425 vs WAR:FON: 3.94

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.

Fon SE's adjusted revenue per share data for the three months ended in Mar. 2024 was zł0.175. 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 zł1.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fon SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fon SE'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.

Fon SE Cyclically Adjusted PS Ratio Chart

Fon SE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.07 5.46

Fon SE Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 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 3.65 5.46 3.73 66.52 5.73

Competitive Comparison of Fon SE's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Fon SE'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.


Fon SE's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fon SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fon SE 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.

Fon SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.58/1.42
=3.93

* 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.

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

For example, Fon SE'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)
=0.175/129.4194*129.4194
=0.175

Current CPI (Mar. 2024) = 129.4194.

Fon SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 2.348 98.790 3.076
201312 -0.213 98.326 -0.280
201403 0.013 99.695 0.017
201406 2.032 100.560 2.615
201409 0.299 100.428 0.385
201412 0.142 99.070 0.186
201503 0.168 99.621 0.218
201506 0.168 100.684 0.216
201509 0.166 100.392 0.214
201512 0.479 99.792 0.621
201603 0.307 100.470 0.395
201606 0.270 101.688 0.344
201609 0.279 101.861 0.354
201612 0.250 101.863 0.318
201703 0.275 102.862 0.346
201706 0.284 103.349 0.356
201709 0.465 104.136 0.578
201712 0.278 104.011 0.346
201803 0.288 105.290 0.354
201806 0.193 106.317 0.235
201809 0.189 106.507 0.230
201812 0.041 105.998 0.050
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.124 108.329 0.148
202009 0.060 109.815 0.071
202012 0.082 109.897 0.097
202103 0.008 111.754 0.009
202106 0.126 114.631 0.142
202109 0.092 115.734 0.103
202112 0.098 117.630 0.108
202203 0.210 121.301 0.224
202206 0.164 125.017 0.170
202209 0.154 125.227 0.159
202212 0.156 125.222 0.161
202303 0.160 127.348 0.163
202306 0.169 128.729 0.170
202309 0.168 129.860 0.167
202312 0.169 129.419 0.169
202403 0.175 129.419 0.175

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.


Fon SE  (WAR:FON) 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.


Fon SE Cyclically Adjusted PS Ratio Related Terms

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


Fon SE (WAR:FON) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Harju maakondd, Kesklinna linnaosa,, Tornimäe tn 5, Tallinn, EST, 10145
Fon SE is engaged in financial activities and capital investments. The company offers medium-term cash loans to retail clients and small businesses. Geographically, it derives a majority of its revenue from Estonia.

Fon SE (WAR:FON) Headlines

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