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Fundamental Global (Fundamental Global) Cyclically Adjusted PS Ratio : 0.39 (As of May. 13, 2024)


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What is Fundamental Global Cyclically Adjusted PS Ratio?

As of today (2024-05-13), Fundamental Global's current share price is $1.21. 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 for today is 0.39.

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

FGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.51   Max: 1
Current: 0.41

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

FGF's Cyclically Adjusted PS Ratio is ranked better than
81.28% of 406 companies
in the Insurance industry
Industry Median: 1.02 vs FGF: 0.41

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 adjusted revenue per share data 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 10 will get our Cyclically Adjusted Revenue per Share, which is $3.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fundamental Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fundamental Global'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.

Fundamental Global Cyclically Adjusted PS Ratio Chart

Fundamental Global 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 - - - 0.96 0.52

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 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 0.96 0.87 0.60 0.45 0.52

Competitive Comparison of Fundamental Global's Cyclically Adjusted PS Ratio

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 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.21/3.09
=0.39

* 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.

Fundamental Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Fundamental Global  (NAS:FGF) 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.


Fundamental Global Cyclically Adjusted PS Ratio Related Terms

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


Fundamental Global (Fundamental Global) Business Description

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

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