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Franchise Group (FRA:3HC) Cyclically Adjusted PS Ratio : 0.73 (As of Jun. 03, 2024)


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What is Franchise Group Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Franchise Group's current share price is €27.07. Franchise Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was €36.94. Franchise Group's Cyclically Adjusted PS Ratio for today is 0.73.

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

FRA:3HC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.05   Max: 1.51
Current: 0.74

During the past years, Franchise Group's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.66. And the median was 1.05.

FRA:3HC's Cyclically Adjusted PS Ratio is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.48 vs FRA:3HC: 0.74

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.

Franchise Group's adjusted revenue per share data for the three months ended in Jun. 2023 was €27.254. 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 €36.94 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franchise Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Franchise Group'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.

Franchise Group Cyclically Adjusted PS Ratio Chart

Franchise Group Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.06 1.38 0.69

Franchise Group Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.21 0.77 0.69 0.72 0.71

Competitive Comparison of Franchise Group's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Franchise Group'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.


Franchise Group's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Franchise Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Franchise Group 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.

Franchise Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.07/36.94
=0.73

* 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.

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

For example, Franchise Group'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)
=27.254/128.7287*128.7287
=27.254

Current CPI (Jun. 2023) = 128.7287.

Franchise Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201307 0.478 98.557 0.624
201310 0.415 98.536 0.542
201401 2.040 98.692 2.661
201404 3.878 100.023 4.991
201407 0.450 100.520 0.576
201410 0.481 100.176 0.618
201501 2.885 98.604 3.766
201504 4.823 99.824 6.220
201507 0.534 100.691 0.683
201510 0.549 100.346 0.704
201601 3.527 99.957 4.542
201604 4.304 100.947 5.489
201607 0.502 101.524 0.637
201610 0.509 101.988 0.642
201701 3.269 102.456 4.107
201704 5.753 103.167 7.178
201707 0.551 103.278 0.687
201710 0.512 104.070 0.633
201801 3.058 104.578 3.764
201804 5.247 105.708 6.390
201807 0.469 106.324 0.568
201810 0.420 106.695 0.507
201901 2.051 106.200 2.486
201904 -2.966 107.818 -3.541
201907 0.502 108.250 0.597
201910 1.988 108.577 2.357
202003 19.211 108.902 22.709
202006 12.634 108.767 14.953
202009 11.501 109.815 13.482
202012 9.655 109.897 11.309
202103 13.012 111.754 14.988
202106 17.506 114.631 19.659
202109 17.194 115.734 19.125
202112 20.309 117.630 22.225
202203 25.080 121.301 26.616
202206 25.187 125.017 25.935
202209 26.589 125.227 27.333
202212 28.755 125.222 29.560
202303 29.481 127.348 29.801
202306 27.254 128.729 27.254

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.


Franchise Group  (FRA:3HC) 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.


Franchise Group Cyclically Adjusted PS Ratio Related Terms

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


Franchise Group (FRA:3HC) Business Description

Traded in Other Exchanges
N/A
Address
109 Innovation Court, Suite J, Delaware, OH, USA, 43015
Franchise Group Inc is a personal services company that provides retail federal and state income tax preparation services and related tax settlement products. The vast majority of these offices operate in the United States under the Liberty Tax Service and SiempreTax+ brand names. Liberty Tax also provides online do-it-yourself tax programs within the U.S. The sale of financial products and tax preparation service fees also contribute to sizable percentages of the company's total income. Liberty Tax also operates a smaller portfolio of wholly-owned company offices. The company's reportable segments are Vitamin Shoppe, Pet Supplies Plus, Badcock, American Freight, Buddy's and Sylvan.

Franchise Group (FRA:3HC) Headlines

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