Fortune Rise Acquisition (Fortune Rise Acquisition) Median PS Value : $0.00 (As of Jun. 16, 2024)

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What is Fortune Rise Acquisition Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Fortune Rise Acquisition's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $. Fortune Rise Acquisition's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.

As of today (2024-06-16), Fortune Rise Acquisition's share price is $11.50. Fortune Rise Acquisition's Median PS Value is $0.00. Therefore, Fortune Rise Acquisition's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Fortune Rise Acquisition's Median PS Value or its related term are showing as below:

FRLAU's Price-to-Median-PS-Value is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.11
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Fortune Rise Acquisition Median PS Value Historical Data

The historical data trend for Fortune Rise Acquisition's Median PS Value 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.

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Fortune Rise Acquisition Median PS Value Chart

Fortune Rise Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Median PS Value

Fortune Rise Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Median PS Value	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Fortune Rise Acquisition's Median PS Value

For the Shell Companies subindustry, Fortune Rise Acquisition's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.

Fortune Rise Acquisition's Price-to-Median-PS-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortune Rise Acquisition's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Fortune Rise Acquisition's Price-to-Median-PS-Value falls into.

Fortune Rise Acquisition Median PS Value Calculation

Fortune Rise Acquisition's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=		*
	=	0.00

10-Year Median PS Ratio is .
Fortune Rise Acquisition's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $.

Fortune Rise Acquisition (NAS:FRLAU) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Fortune Rise Acquisition's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	11.50	/	0.00
	=

Fortune Rise Acquisition Median PS Value Related Terms

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