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Fluor (FRA:FLU) Cyclically Adjusted PS Ratio : 0.29 (As of May. 27, 2024)


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What is Fluor Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Fluor's current share price is €36.88. Fluor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €125.89. Fluor's Cyclically Adjusted PS Ratio for today is 0.29.

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

FRA:FLU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.29   Max: 0.68
Current: 0.3

During the past years, Fluor's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.04. And the median was 0.29.

FRA:FLU's Cyclically Adjusted PS Ratio is ranked better than
73.89% of 1279 companies
in the Construction industry
Industry Median: 0.64 vs FRA:FLU: 0.30

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.

Fluor's adjusted revenue per share data for the three months ended in Mar. 2024 was €19.857. 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 €125.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fluor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fluor'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.

Fluor Cyclically Adjusted PS Ratio Chart

Fluor 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 0.13 0.11 0.17 0.24 0.28

Fluor 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 0.21 0.21 0.26 0.28 0.31

Competitive Comparison of Fluor's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Fluor'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.


Fluor's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Fluor 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.

Fluor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.88/125.89
=0.29

* 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.

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

For example, Fluor'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)
=19.857/131.7762*131.7762
=19.857

Current CPI (Mar. 2024) = 131.7762.

Fluor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 24.089 100.560 31.567
201409 26.474 100.428 34.738
201412 28.324 99.070 37.675
201503 28.036 99.621 37.085
201506 28.974 100.684 37.921
201509 26.743 100.392 35.103
201512 28.065 99.792 37.060
201603 28.202 100.470 36.990
201606 30.695 101.688 39.777
201609 30.139 101.861 38.990
201612 33.533 101.863 43.380
201703 32.077 102.862 41.094
201706 30.020 103.349 38.277
201709 29.440 104.136 37.254
201712 1.875 104.011 2.376
201803 27.924 105.290 34.949
201806 29.585 106.317 36.670
201809 23.263 106.507 28.782
201812 47.546 105.998 59.109
201903 26.172 107.251 32.157
201906 26.185 108.070 31.929
201909 29.985 108.329 36.475
201912 16.347 108.420 19.869
202003 23.858 108.902 28.869
202006 23.600 108.767 28.592
202009 20.790 109.815 24.948
202012 19.101 109.897 22.904
202103 19.940 111.754 23.512
202106 21.686 114.631 24.929
202109 20.822 115.734 23.708
202112 22.734 117.630 25.468
202203 19.686 121.301 21.386
202206 18.145 125.017 19.126
202209 25.159 125.227 26.475
202212 23.664 125.222 24.903
202303 24.679 127.348 25.537
202306 21.138 128.729 21.638
202309 25.261 129.860 25.634
202312 20.132 129.419 20.499
202403 19.857 131.776 19.857

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.


Fluor  (FRA:FLU) 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.


Fluor Cyclically Adjusted PS Ratio Related Terms

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


Fluor (FRA:FLU) Business Description

Industry
Traded in Other Exchanges
Address
6700 Las Colinas Boulevard, Irving, TX, USA, 75039
Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor generated $13.7 billion in revenue in 2022.

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