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Financial Gravity (Financial Gravity) Cyclically Adjusted PS Ratio : 4.00 (As of May. 21, 2024)


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What is Financial Gravity Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Financial Gravity's current share price is $0.40. Financial Gravity's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was $0.10. Financial Gravity's Cyclically Adjusted PS Ratio for today is 4.00.

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

FGCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.2   Max: 4.8
Current: 4.79

During the past years, Financial Gravity's highest Cyclically Adjusted PS Ratio was 4.80. The lowest was 0.28. And the median was 1.20.

FGCO's Cyclically Adjusted PS Ratio is ranked worse than
77.78% of 63 companies
in the Diversified Financial Services industry
Industry Median: 2.12 vs FGCO: 4.79

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.

Financial Gravity's adjusted revenue per share data for the three months ended in Jun. 2023 was $0.018. 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 $0.10 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Financial Gravity Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Financial Gravity'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.

Financial Gravity Cyclically Adjusted PS Ratio Chart

Financial Gravity Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.20 1.32 0.75

Financial Gravity Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 0.97 0.96 0.75 1.52 0.80

Competitive Comparison of Financial Gravity's Cyclically Adjusted PS Ratio

For the Financial Conglomerates subindustry, Financial Gravity'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.


Financial Gravity's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

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

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



Financial Gravity 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.

Financial Gravity's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.40/0.1
=4.00

* 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.

Financial Gravity's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Financial Gravity's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.018/128.7287*128.7287
=0.018

Current CPI (Jun. 2023) = 128.7287.

Financial Gravity Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.022 101.688 0.028
201609 0.029 101.861 0.037
201612 0.022 101.863 0.028
201703 0.028 102.862 0.035
201706 0.023 103.349 0.029
201709 0.027 104.136 0.033
201712 0.026 104.011 0.032
201803 0.030 105.290 0.037
201806 0.030 106.317 0.036
201809 0.015 106.507 0.018
201812 0.028 105.998 0.034
201903 0.032 107.251 0.038
201906 0.024 108.070 0.029
201909 0.024 108.329 0.029
201912 0.017 108.420 0.020
202003 0.015 108.902 0.018
202006 0.013 108.767 0.015
202009 0.017 109.815 0.020
202012 0.020 109.897 0.023
202103 0.019 111.754 0.022
202106 0.018 114.631 0.020
202109 0.018 115.734 0.020
202112 0.019 117.630 0.021
202203 0.016 121.301 0.017
202206 0.013 125.017 0.013
202209 0.015 125.227 0.015
202212 0.015 125.222 0.015
202306 0.018 128.729 0.018

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.


Financial Gravity  (OTCPK:FGCO) 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.


Financial Gravity Cyclically Adjusted PS Ratio Related Terms

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


Financial Gravity (Financial Gravity) Business Description

Traded in Other Exchanges
N/A
Address
2501 Ranch Road 620 South, Suite 110, Lakeway, TX, USA, 78734
Financial Gravity Companies Inc through its subsidiaries helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO; Forta; FGAM; FGFOS; FGIS; FGEM; and TMN.
Executives
Mark John Williams director 26420 VIA MALLORCA, CARMEL CA 93923
William Robert Nelson director 2501 RANCH ROAD 620 SOUTH, SUITE 110, LAKEWAY TX 78734
Gary Joel Nemer director 800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Jennifer Winters director 2501 RANCH ROAD 620 SOUTH, SUITE 110, LAKEWAY TX 78734
Scott Christopher Winters director, officer: CEO, Co-Chairman of the Board 800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Paul O Williams director, officer: Chief Financial Officer 800 N. WATTERS ROAD. SUITE 120, ALLEN TX 75013
Debra Lynn Buckner officer: Chief Operating Officer 8505 S. COUNTRY CLUB DRIVE, OKLAHOMA CITY OK 73159
David W. Myers director 800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Todd Bourgeois director 800 N. WATTERS ROAD, SUITE 150, ALLEN TX 75013
Michael Lin Ashby director 800 N. WATTERS RD., SUITE 150, ALLEN TX 75013
John David Pollock director, 10 percent owner, officer: CEO 800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
Ricky J Johnson officer: Chief Operating Officer 800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
George E Crumley director 800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013
James F. Reggio officer: CTO and Chief Mktg Officer 3607 POLO RUN DR., FLOWER MOUND TX 75028
Arthur David Crowley director, officer: Pres. and Ch. Strategy Officer 800 N. WATTERS ROAD, SUITE 120, ALLEN TX 75013