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Fincera (Fincera) Cyclically Adjusted PS Ratio : (As of Jun. 04, 2024)


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What is Fincera Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fincera Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fincera'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.

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Fincera Cyclically Adjusted PS Ratio Chart

Fincera Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Fincera Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Fincera's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Fincera'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.


Fincera's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fincera's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fincera 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.

Fincera's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Fincera's adjusted Revenue per Share data for the three months ended in Jun. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=1/107.7000*107.7000
=1.000

Current CPI (Jun. 2019) = 107.7000.

Fincera Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200909 4.325 84.369 5.521
200912 6.329 85.386 7.983
201003 4.115 86.316 5.134
201006 4.958 85.886 6.217
201009 3.463 87.267 4.274
201012 3.882 89.289 4.682
201103 1.158 91.154 1.368
201106 1.578 91.612 1.855
201109 1.437 92.711 1.669
201112 0.823 92.885 0.954
201203 2.182 94.367 2.490
201206 2.225 93.495 2.563
201209 1.549 94.482 1.766
201212 1.040 95.237 1.176
201303 1.495 96.372 1.671
201306 3.651 95.984 4.097
201309 3.751 97.332 4.151
201312 -8.816 97.624 -9.726
201403 3.382 98.600 3.694
201406 5.270 98.200 5.780
201409 3.797 98.900 4.135
201412 -12.051 99.000 -13.110
201503 0.118 99.900 0.127
201506 0.232 99.500 0.251
201509 0.364 100.500 0.390
201512 0.768 100.600 0.822
201603 0.518 102.200 0.546
201606 0.668 101.400 0.710
201609 0.806 102.400 0.848
201612 0.769 102.600 0.807
201703 0.751 103.200 0.784
201706 0.815 103.100 0.851
201709 0.912 104.100 0.944
201712 0.716 104.500 0.738
201803 0.721 105.300 0.737
201806 1.470 104.900 1.509
201809 1.006 106.600 1.016
201812 1.001 106.500 1.012
201903 0.912 107.700 0.912
201906 1.000 107.700 1.000

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.


Fincera  (OTCPK:YUANF) 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.


Fincera Cyclically Adjusted PS Ratio Related Terms

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


Fincera (Fincera) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, East Main Street, 27th Floor, Kai Yuan Center, Hebei, Shijiazhuang, CHN
Fincera Inc provides web-based financing and e-commerce services for small and medium-sized businesses in China. Its services are small business lending, B2B payment solutions and e-commerce platforms and its products include CeraPay, CeraVest, TrueShip and AutoChekk. The company operates in Internet-based Business, Hotel Business, Office Leasing, and Corporate. The Internet-based Business generates maximum revenue for the company.
Executives
Weiss Asset Management Lp 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Andrew M Weiss 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116