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Fortune Brands Innovations (BSP:F1BH34) Cyclically Adjusted PS Ratio : 2.13 (As of May. 24, 2024)


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What is Fortune Brands Innovations Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Fortune Brands Innovations's current share price is R$331.84. Fortune Brands Innovations's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$155.75. Fortune Brands Innovations's Cyclically Adjusted PS Ratio for today is 2.13.

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

BSP:F1BH34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.88   Max: 3
Current: 1.78

During the past years, Fortune Brands Innovations's highest Cyclically Adjusted PS Ratio was 3.00. The lowest was 0.99. And the median was 1.88.

BSP:F1BH34's Cyclically Adjusted PS Ratio is ranked worse than
78.56% of 1278 companies
in the Construction industry
Industry Median: 0.64 vs BSP:F1BH34: 1.78

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.

Fortune Brands Innovations's adjusted revenue per share data for the three months ended in Mar. 2024 was R$43.509. 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 R$155.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Brands Innovations Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fortune Brands Innovations'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.

Fortune Brands Innovations Cyclically Adjusted PS Ratio Chart

Fortune Brands Innovations 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 1.86 2.40 2.72 1.55 1.96

Fortune Brands Innovations 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 1.56 1.88 1.61 1.96 2.13

Competitive Comparison of Fortune Brands Innovations's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.


Fortune Brands Innovations's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fortune Brands Innovations's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Brands Innovations's Cyclically Adjusted PS Ratio falls into.



Fortune Brands Innovations 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.

Fortune Brands Innovations's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=331.84/155.75
=2.13

* 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.

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

For example, Fortune Brands Innovations'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)
=43.509/131.7762*131.7762
=43.509

Current CPI (Mar. 2024) = 131.7762.

Fortune Brands Innovations Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.615 100.560 17.842
201409 15.152 100.428 19.882
201412 16.943 99.070 22.536
201503 18.369 99.621 24.298
201506 22.242 100.684 29.111
201509 29.592 100.392 38.843
201512 29.158 99.792 38.503
201603 25.654 100.470 33.648
201606 28.263 101.688 36.626
201609 26.401 101.861 34.155
201612 27.824 101.863 35.995
201703 23.763 102.862 30.443
201706 28.733 103.349 36.636
201709 27.097 104.136 34.289
201712 29.465 104.011 37.330
201803 27.047 105.290 33.851
201806 36.733 106.317 45.529
201809 39.343 106.507 48.677
201812 38.717 105.998 48.133
201903 35.941 107.251 44.160
201906 41.127 108.070 50.149
201909 42.657 108.329 51.890
201912 42.806 108.420 52.027
202003 48.678 108.902 58.903
202006 51.428 108.767 62.307
202009 63.497 109.815 76.195
202012 -29.571 109.897 -35.458
202103 70.980 111.754 83.697
202106 69.342 114.631 79.713
202109 75.059 115.734 85.463
202112 -36.724 117.630 -41.141
202203 42.124 121.301 45.762
202206 48.299 125.017 50.910
202209 48.184 125.227 50.704
202212 45.954 125.222 48.359
202303 42.155 127.348 43.621
202306 44.300 128.729 45.349
202309 48.738 129.860 49.457
202312 44.769 129.419 45.584
202403 43.509 131.776 43.509

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.


Fortune Brands Innovations  (BSP:F1BH34) 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.


Fortune Brands Innovations Cyclically Adjusted PS Ratio Related Terms

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


Fortune Brands Innovations (BSP:F1BH34) Business Description

Traded in Other Exchanges
Address
520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611
Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.

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