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Federal National Mortgage Association Fannie Mae (Federal National Mortgage Association Fannie Mae) Cyclically Adjusted PS Ratio : 0.30 (As of Apr. 27, 2024)


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What is Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Federal National Mortgage Association Fannie Mae's current share price is $1.46. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.91. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio for today is 0.30.

The historical rank and industry rank for Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio or its related term are showing as below:

FNMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.68   Max: 1.79
Current: 0.27

During the past years, Federal National Mortgage Association Fannie Mae's highest Cyclically Adjusted PS Ratio was 1.79. The lowest was 0.07. And the median was 0.68.

FNMA's Cyclically Adjusted PS Ratio is ranked better than
97.64% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs FNMA: 0.27

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 adjusted revenue per share data for the three months ended in Dec. 2023 was $1.303. 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 $4.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Federal National Mortgage Association Fannie Mae'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.

Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Chart

Federal National Mortgage Association Fannie Mae 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 0.81 0.60 0.18 0.07 0.22

Federal National Mortgage Association Fannie Mae Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.07 0.08 0.09 0.13 0.22

Competitive Comparison of Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



Federal National Mortgage Association Fannie Mae 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.46/4.91
=0.30

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Federal National Mortgage Association Fannie Mae's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.303/129.4194*129.4194
=1.303

Current CPI (Dec. 2023) = 129.4194.

Federal National Mortgage Association Fannie Mae Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.388 99.695 1.802
201406 0.839 100.560 1.080
201409 1.037 100.428 1.336
201412 -0.286 99.070 -0.374
201503 0.644 99.621 0.837
201506 1.587 100.684 2.040
201509 0.617 100.392 0.795
201512 0.971 99.792 1.259
201603 0.378 100.470 0.487
201606 0.711 101.688 0.905
201609 0.948 101.861 1.204
201612 1.728 101.863 2.195
201703 0.963 102.862 1.212
201706 0.857 103.349 1.073
201709 1.127 104.136 1.401
201712 0.904 104.011 1.125
201803 1.162 105.290 1.428
201806 1.062 106.317 1.293
201809 1.051 106.507 1.277
201812 0.804 105.998 0.982
201903 0.718 107.251 0.866
201906 0.856 108.070 1.025
201909 0.881 108.329 1.053
201912 1.198 108.420 1.430
202003 0.858 108.902 1.020
202006 0.848 108.767 1.009
202009 1.201 109.815 1.415
202012 1.125 109.897 1.325
202103 1.300 111.754 1.505
202106 1.457 114.631 1.645
202109 1.240 115.734 1.387
202112 1.340 117.630 1.474
202203 1.334 121.301 1.423
202206 1.420 125.017 1.470
202209 1.247 125.227 1.289
202212 1.212 125.222 1.253
202303 1.191 127.348 1.210
202306 1.284 128.729 1.291
202309 1.374 129.860 1.369
202312 1.303 129.419 1.303

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.


Federal National Mortgage Association Fannie Mae  (OTCPK:FNMA) 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.


Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Related Terms

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


Federal National Mortgage Association Fannie Mae (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. The Single-Family business operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. 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.
Executives
Chetlur S Ragavan director 230 PARK AVENUE, NEW YORK NY 10169
Ramon Richards officer: EVP & CIO C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Michael A. Seelig director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Priscilla Almodovar director, officer: CEO 45 WEST 10TH STREET, NEW YORK NY 10011
Anthony Moon officer: EVP & CRO C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Andrew M Brammer officer: VP & Interim CRO C/O FANNIE MAE, 110015TH STREET, NW, WASHINGTON DC 20005
James L Holmberg officer: SVP & Controller C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Evans H. Malloy Iii officer: EVP-Single-family C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Christopher J Brummer director C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Johnson Simon H R director C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Michele M Evans officer: EVP--Multifamily C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Bair Sheila Colleen director 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817
Stergios Theologides officer: EVP, GC & Corporate Secretary CORELOGIC, INC., 40 PACIFICA, SUITE 900, IRVINE CA 92618
Karin Kimbrough director C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Stephen H Mcelhennon officer: interim GC C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005