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Federal Home Loan Mortgage (BUE:FMCC) Cyclically Adjusted PS Ratio : 0.21 (As of Jun. 08, 2024)


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What is Federal Home Loan Mortgage Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Federal Home Loan Mortgage's current share price is ARS214.00. Federal Home Loan Mortgage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS998.67. Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio for today is 0.21.

The historical rank and industry rank for Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:FMCC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.43   Max: 1.09
Current: 0.24

During the past years, Federal Home Loan Mortgage's highest Cyclically Adjusted PS Ratio was 1.09. The lowest was 0.06. And the median was 0.43.

BUE:FMCC's Cyclically Adjusted PS Ratio is ranked better than
98.15% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs BUE:FMCC: 0.24

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.

Federal Home Loan Mortgage's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS2,999.550. 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 ARS998.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Home Loan Mortgage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Federal Home Loan Mortgage'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.

Federal Home Loan Mortgage Cyclically Adjusted PS Ratio Chart

Federal Home Loan Mortgage 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 0.64 0.46 0.14 0.06 0.14

Federal Home Loan Mortgage 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 0.06 0.07 0.09 0.14 0.21

Competitive Comparison of Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Federal Home Loan Mortgage'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.


Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio falls into.



Federal Home Loan Mortgage 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.

Federal Home Loan Mortgage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=214.00/998.67
=0.21

* 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.

Federal Home Loan Mortgage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Federal Home Loan Mortgage'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)
=2999.55/131.7762*131.7762
=2,999.550

Current CPI (Mar. 2024) = 131.7762.

Federal Home Loan Mortgage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.469 100.560 15.029
201409 23.488 100.428 30.820
201412 6.770 99.070 9.005
201503 8.607 99.621 11.385
201506 37.032 100.684 48.468
201509 -0.593 100.392 -0.778
201512 28.167 99.792 37.195
201603 0.334 100.470 0.438
201606 15.026 101.688 19.472
201609 41.651 101.861 53.883
201612 84.204 101.863 108.932
201703 37.670 102.862 48.259
201706 30.947 103.349 39.459
201709 96.840 104.136 122.544
201712 60.639 104.011 76.826
201803 60.397 105.290 75.591
201806 65.211 106.317 80.827
201809 92.896 106.507 114.936
201812 56.266 105.998 69.950
201903 69.961 107.251 85.959
201906 88.750 108.070 108.219
201909 116.867 108.329 142.162
201912 169.081 108.420 205.505
202003 92.970 108.902 112.498
202006 170.155 108.767 206.150
202009 232.040 109.815 278.444
202012 267.341 109.897 320.566
202103 293.749 111.754 346.377
202106 343.653 114.631 395.051
202109 317.286 115.734 361.265
202112 347.563 117.630 389.363
202203 388.186 121.301 421.709
202206 402.142 125.017 423.885
202209 445.207 125.227 468.493
202212 501.084 125.222 527.312
202303 589.718 127.348 610.225
202306 792.430 128.729 811.190
202309 1,231.426 129.860 1,249.602
202312 1,199.538 129.419 1,221.382
202403 2,999.550 131.776 2,999.550

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.


Federal Home Loan Mortgage  (BUE:FMCC) 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.


Federal Home Loan Mortgage Cyclically Adjusted PS Ratio Related Terms

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


Federal Home Loan Mortgage (BUE:FMCC) Business Description

Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.