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Flutter Entertainment (LSE:FLTR) Cyclically Adjusted PS Ratio : 4.68 (As of Apr. 27, 2024)


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What is Flutter Entertainment Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Flutter Entertainment's current share price is £149.35. Flutter Entertainment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £31.93. Flutter Entertainment's Cyclically Adjusted PS Ratio for today is 4.68.

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

LSE:FLTR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.43   Med: 5.59   Max: 11.17
Current: 4.66

During the past 13 years, Flutter Entertainment's highest Cyclically Adjusted PS Ratio was 11.17. The lowest was 3.43. And the median was 5.59.

LSE:FLTR's Cyclically Adjusted PS Ratio is ranked worse than
82.59% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs LSE:FLTR: 4.66

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.

Flutter Entertainment's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £52.622. 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 £31.93 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flutter Entertainment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Flutter Entertainment'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.

Flutter Entertainment Cyclically Adjusted PS Ratio Chart

Flutter Entertainment 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 5.50 8.03 5.25 4.14 4.37

Flutter Entertainment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 5.25 - 4.14 - 4.37

Competitive Comparison of Flutter Entertainment's Cyclically Adjusted PS Ratio

For the Gambling subindustry, Flutter Entertainment'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.


Flutter Entertainment's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Flutter Entertainment 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.

Flutter Entertainment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=149.35/31.93
=4.68

* 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.

Flutter Entertainment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Flutter Entertainment's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=52.622/120.1096*120.1096
=52.622

Current CPI (Dec23) = 120.1096.

Flutter Entertainment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 13.838 99.576 16.691
201512 16.845 99.676 20.298
201612 18.238 99.676 21.977
201712 20.300 100.075 24.364
201812 22.042 100.773 26.272
201912 26.652 102.068 31.363
202012 33.688 101.072 40.034
202112 35.498 106.653 39.977
202212 43.893 115.425 45.674
202312 52.622 120.110 52.622

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.


Flutter Entertainment  (LSE:FLTR) 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.


Flutter Entertainment Cyclically Adjusted PS Ratio Related Terms

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


Flutter Entertainment (LSE:FLTR) Business Description

Address
Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company's segments include PBB Online, which provides betting apps in over 100 countries as well as business-to-business risk and trading services; Australia, which consists of the Sportsbet Australian brand for betting on national sporting events; U.S., which includes betting apps, retail-only betting, and daily fantasy sports; and PBB Retail, which includes betting shops in the U.K. and Ireland and an accompanying app. PBB Online makes up the largest revenue segment.

Flutter Entertainment (LSE:FLTR) Headlines

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