Federal National Mortgage Association Fannie Mae (LTS:0IL0) Cyclically Adjusted Revenue per Share: $5.29 (As of Mar. 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.

LTS:0IL0 Federal National Mortgage Association Fannie Mae LTS:0IL0
45 GF Score
Price $6.11
GF Value $2.32
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Federal National Mortgage Association Fannie Mae Cyclically Adjusted Revenue per Share?

Federal National Mortgage Association Fannie Mae LTS:0IL0 +0.49% 45 Cyclically Adjusted Revenue per Share is $5.29 as of Mar. 2026. GuruFocus rates LTS:0IL0 with a GF Score™ of 45/100 and a GF Value™ of $2.32 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Federal National Mortgage Association Fannie Mae's adjusted revenue per share for the three months ended in Mar. 2026 was $1.209. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $5.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Federal National Mortgage Association Fannie Mae's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Federal National Mortgage Association Fannie Mae was 28.10% per year. The lowest was -36.40% per year. And the median was 7.30% per year.

As of today (2026-07-26), Federal National Mortgage Association Fannie Mae's current stock price is $6.11. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $5.29. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Federal National Mortgage Association Fannie Mae was 2.79. The lowest was 0.07. And the median was 0.64.


Federal National Mortgage Association Fannie Mae  (LTS:0IL0) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.11/5.29
=1.16

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Federal National Mortgage Association Fannie Mae was 2.79. The lowest was 0.07. And the median was 0.64.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Federal National Mortgage Association Fannie Mae Cyclically Adjusted Revenue per Share Related Terms


Federal National Mortgage Association Fannie Mae Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share 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.

Federal National Mortgage Association Fannie Mae Cyclically Adjusted Revenue per Share Chart

Federal National Mortgage Association Fannie Mae Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 4.85 4.73 5.20 5.30

Federal National Mortgage Association Fannie Mae Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 5.25 5.11 5.23 5.30 5.29

LTS:0IL0 vs PFSI, FMCC, WD: Cyclically Adjusted Revenue per Share Comparison

For the Mortgage Finance subindustry, Federal National Mortgage Association Fannie Mae'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.


Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio falls into.


LTS:0IL0
45GF Score
Federal National Mortgage Association Fannie Mae LTS:0IL0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal National Mortgage Association Fannie Mae Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Federal National Mortgage Association Fannie Mae'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)
=1.209/330.2130*330.2130
=1.209

Current CPI (Mar. 2026) = 330.2130.

Federal National Mortgage Association Fannie Mae Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.711 241.018 0.974
201609 0.948 241.428 1.297
201612 1.728 241.432 2.363
201703 0.963 243.801 1.304
201706 0.857 244.955 1.155
201709 1.127 246.819 1.508
201712 0.904 246.524 1.211
201803 1.162 249.554 1.538
201806 1.062 251.989 1.392
201809 1.051 252.439 1.375
201812 0.804 251.233 1.057
201903 0.718 254.202 0.933
201906 0.856 256.143 1.104
201909 0.881 256.759 1.133
201912 1.198 256.974 1.539
202003 0.858 258.115 1.098
202006 0.848 257.797 1.086
202009 1.201 260.280 1.524
202012 1.125 260.474 1.426
202103 1.300 264.877 1.621
202106 1.457 271.696 1.771
202109 1.240 274.310 1.493
202112 1.340 278.802 1.587
202203 1.334 287.504 1.532
202206 1.420 296.311 1.582
202209 1.247 296.808 1.387
202212 1.212 296.797 1.348
202303 1.191 301.836 1.303
202306 1.284 305.109 1.390
202309 1.374 307.789 1.474
202312 1.267 306.746 1.364
202403 1.295 312.332 1.369
202406 1.310 314.175 1.377
202409 1.262 315.301 1.322
202412 1.370 315.605 1.433
202503 1.223 319.799 1.263
202506 1.269 322.561 1.299
202509 1.242 324.800 1.263
202512 1.220 324.054 1.243
202603 1.209 330.213 1.209

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $5.29 mean?
Federal National Mortgage Association Fannie Mae (LTS:0IL0) has a Cyclically Adjusted Revenue per Share of $5.29 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Federal National Mortgage Association Fannie Mae and its competitors.
Is Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share too high?
Federal National Mortgage Association Fannie Mae's current Cyclically Adjusted Revenue per Share is $5.29. Overall, Federal National Mortgage Association Fannie Mae has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share compare to PFSI and FMCC?
Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share of $5.29 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Federal National Mortgage Association Fannie Mae and its competitors. Federal National Mortgage Association Fannie Mae's current Cyclically Adjusted Revenue per Share is $5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal National Mortgage Association Fannie Mae stock overvalued right now?
Based on GuruFocus' analysis, Federal National Mortgage Association Fannie Mae (LTS:0IL0) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.32, compared to a current price of $6.11 — trading 163.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $5.29. Federal National Mortgage Association Fannie Mae's overall GF Score™ is 45/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Federal National Mortgage Association Fannie Mae (LTS:0IL0), the current Cyclically Adjusted Revenue per Share is $5.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Federal National Mortgage Association Fannie Mae (LTS:0IL0) Overvalued in 2026?

Based on GuruFocus' analysis, Federal National Mortgage Association Fannie Mae stock appears to be overvalued. The current stock price of $6.11 is trading 163.4% above its estimated GF Value™ of $2.32. GuruFocus considers Federal National Mortgage Association Fannie Mae to be Significantly Overvalued.

Key valuation signals for LTS:0IL0:

  • Cyclically Adjusted Revenue per Share: $5.29
  • GF Value™: $2.32 vs. price of $6.11 (163.4% above fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the LTS:0IL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Federal National Mortgage Association Fannie Mae Business Description

Address 1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments namely the Single-Family business that operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units and the Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.
45GF Score

Get the complete analysis for LTS:0IL0

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

$6.11
Price
$2.32
GF Value