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Fundamental Global (Fundamental Global) Cyclically Adjusted Revenue per Share : $3.09 (As of Dec. 2023)


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What is Fundamental Global Cyclically Adjusted Revenue per Share?

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.

Fundamental Global's adjusted revenue per share for the three months ended in Dec. 2023 was $0.761. 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 $3.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fundamental Global's average Cyclically Adjusted Revenue Growth Rate was 4.40% 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.

As of today (2024-04-27), Fundamental Global's current stock price is $1.3456. Fundamental Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.09. Fundamental Global's Cyclically Adjusted PS Ratio of today is 0.44.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Fundamental Global was 1.00. The lowest was 0.40. And the median was 0.51.


Fundamental Global Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fundamental Global'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.

* Premium members only.

Fundamental Global Cyclically Adjusted Revenue per Share Chart

Fundamental Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.96 3.09

Fundamental Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.96 3.02 3.07 3.13 3.09

Competitive Comparison of Fundamental Global's Cyclically Adjusted Revenue per Share

For the Insurance - Diversified subindustry, Fundamental Global'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.


Fundamental Global's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Fundamental Global 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, Fundamental Global'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)
=0.761/129.4194*129.4194
=0.761

Current CPI (Dec. 2023) = 129.4194.

Fundamental Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.278 99.695 1.659
201406 1.168 100.560 1.503
201409 0.705 100.428 0.909
201412 0.854 99.070 1.116
201503 1.007 99.621 1.308
201506 1.020 100.684 1.311
201509 1.068 100.392 1.377
201512 1.224 99.792 1.587
201603 1.407 100.470 1.812
201606 1.295 101.688 1.648
201609 1.267 101.861 1.610
201612 1.364 101.863 1.733
201703 1.463 102.862 1.841
201706 1.498 103.349 1.876
201709 1.569 104.136 1.950
201712 1.857 104.011 2.311
201803 2.222 105.290 2.731
201806 0.048 106.317 0.058
201809 0.050 106.507 0.061
201812 0.059 105.998 0.072
201903 0.076 107.251 0.092
201906 0.078 108.070 0.093
201909 0.079 108.329 0.094
201912 0.678 108.420 0.809
202003 -1.446 108.902 -1.718
202006 -0.090 108.767 -0.107
202009 -1.305 109.815 -1.538
202012 -0.102 109.897 -0.120
202103 0.400 111.754 0.463
202106 0.367 114.631 0.414
202109 -0.239 115.734 -0.267
202112 0.261 117.630 0.287
202203 0.343 121.301 0.366
202206 0.345 125.017 0.357
202209 0.487 125.227 0.503
202212 0.357 125.222 0.369
202303 0.408 127.348 0.415
202306 0.426 128.729 0.428
202309 0.749 129.860 0.746
202312 0.761 129.419 0.761

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


Fundamental Global  (NAS:FGF) 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.

Fundamental Global's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.3456/3.09
=0.44

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Fundamental Global was 1.00. The lowest was 0.40. And the median was 0.51.


Be Aware

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


Fundamental Global Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Fundamental Global's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundamental Global (Fundamental Global) Business Description

Industry
Traded in Other Exchanges
Address
104 S. Walnut Street, Unit 1A, Itasca, IL, USA, 60143
FG Financial Group Inc through its subsidiaries operates as diversified insurance, reinsurance, and investment management holding company. The company's segment includes Insurance and Asset Management. It generates maximum revenue from the Insurance segment.
Executives
Fundamental Global Gp, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Fg Financial Holdings, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Hassan Baqar director KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Govignon Richard Edward Jr director 54 ANNETTE DR, MARLBORO NJ 07746
Joseph H Moglia 10 percent owner AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Kyle Cerminara director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Fg Group Holdings Inc. 10 percent owner 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Bk Technologies Corp 10 percent owner 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Investors, Llc director, 10 percent owner 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Lewis M Johnson director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Brian D Bottjer officer: SVP and Controller 324 S. HYDE PARK AVENUE, SUITE 210, TAMPA FL 33606
Marsha G King director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Rita Hayes director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Scott D Wollney director 1340 BUTTONWOOD LANE, GLENVIEW IL 60025
E. Gray Payne director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904