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FTI Consulting (FRA:FCQ) Cyclically Adjusted PS Ratio : 2.89 (As of May. 03, 2024)


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What is FTI Consulting Cyclically Adjusted PS Ratio?

As of today (2024-05-03), FTI Consulting's current share price is €195.00. FTI Consulting's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €67.56. FTI Consulting's Cyclically Adjusted PS Ratio for today is 2.89.

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

FRA:FCQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.64   Max: 3.14
Current: 2.92

During the past years, FTI Consulting's highest Cyclically Adjusted PS Ratio was 3.14. The lowest was 0.84. And the median was 1.64.

FRA:FCQ's Cyclically Adjusted PS Ratio is ranked worse than
81.71% of 689 companies
in the Business Services industry
Industry Median: 0.89 vs FRA:FCQ: 2.92

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.

FTI Consulting's adjusted revenue per share data for the three months ended in Mar. 2024 was €23.871. 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 €67.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FTI Consulting Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FTI Consulting'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.

FTI Consulting Cyclically Adjusted PS Ratio Chart

FTI Consulting 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 2.36 2.21 2.66 2.44 2.78

FTI Consulting 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 2.94 2.76 2.52 2.78 2.89

Competitive Comparison of FTI Consulting's Cyclically Adjusted PS Ratio

For the Consulting Services subindustry, FTI Consulting'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.


FTI Consulting's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FTI Consulting's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



FTI Consulting 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.

FTI Consulting's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=195.00/67.56
=2.89

* 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.

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

For example, FTI Consulting'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)
=23.871/129.4194*129.4194
=23.871

Current CPI (Mar. 2024) = 129.4194.

FTI Consulting Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.206 100.560 10.561
201409 8.577 100.428 11.053
201412 8.391 99.070 10.962
201503 9.667 99.621 12.559
201506 9.598 100.684 12.337
201509 9.667 100.392 12.462
201512 9.695 99.792 12.573
201603 10.263 100.470 13.220
201606 9.845 101.688 12.530
201609 9.278 101.861 11.788
201612 9.970 101.863 12.667
201703 10.118 102.862 12.730
201706 10.006 103.349 12.530
201709 9.979 104.136 12.402
201712 10.505 104.011 13.071
201803 10.733 105.290 13.193
201806 11.454 106.317 13.943
201809 11.344 106.507 13.784
201812 11.491 105.998 14.030
201903 12.765 107.251 15.404
201906 14.054 108.070 16.830
201909 14.195 108.329 16.959
201912 14.217 108.420 16.971
202003 14.327 108.902 17.026
202006 14.260 108.767 16.968
202009 14.245 109.815 16.788
202012 14.520 109.897 17.099
202103 16.441 111.754 19.040
202106 16.694 114.631 18.848
202109 16.880 115.734 18.876
202112 16.833 117.630 18.520
202203 18.433 121.301 19.667
202206 19.890 125.017 20.590
202209 21.817 125.227 22.547
202212 20.503 125.222 21.190
202303 21.235 127.348 21.580
202306 22.385 128.729 22.505
202309 23.474 129.860 23.394
202312 23.694 129.419 23.694
202403 23.871 129.419 23.871

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.


FTI Consulting  (FRA:FCQ) 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.


FTI Consulting Cyclically Adjusted PS Ratio Related Terms

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


FTI Consulting (FRA:FCQ) Business Description

Traded in Other Exchanges
Address
555 12th Street NW, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.

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