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Fuller Smith & Turner (LSE:FSTA) Cyclically Adjusted PS Ratio : 1.11 (As of May. 22, 2024)


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What is Fuller Smith & Turner Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Fuller Smith & Turner's current share price is £6.86. Fuller Smith & Turner's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was £6.20. Fuller Smith & Turner's Cyclically Adjusted PS Ratio for today is 1.11.

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

LSE:FSTA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.81   Max: 2.82
Current: 1.09

During the past 13 years, Fuller Smith & Turner's highest Cyclically Adjusted PS Ratio was 2.82. The lowest was 0.75. And the median was 1.81.

LSE:FSTA's Cyclically Adjusted PS Ratio is ranked worse than
60.98% of 246 companies
in the Restaurants industry
Industry Median: 0.805 vs LSE:FSTA: 1.09

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.

Fuller Smith & Turner's adjusted revenue per share data of for the fiscal year that ended in Mar23 was £5.521. 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 £6.20 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuller Smith & Turner Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fuller Smith & Turner'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.

Fuller Smith & Turner Cyclically Adjusted PS Ratio Chart

Fuller Smith & Turner Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 1.14 1.55 1.06 0.75

Fuller Smith & Turner Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.06 - 0.75 -

Competitive Comparison of Fuller Smith & Turner's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Fuller Smith & Turner'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.


Fuller Smith & Turner's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fuller Smith & Turner's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fuller Smith & Turner's Cyclically Adjusted PS Ratio falls into.



Fuller Smith & Turner 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.

Fuller Smith & Turner's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.86/6.2
=1.11

* 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.

Fuller Smith & Turner's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Fuller Smith & Turner's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=5.521/126.8000*126.8000
=5.521

Current CPI (Mar23) = 126.8000.

Fuller Smith & Turner Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.086 99.300 6.495
201503 5.708 99.600 7.267
201603 6.246 100.400 7.888
201703 7.018 102.700 8.665
201803 5.429 105.100 6.550
201903 5.867 107.000 6.953
202003 5.719 108.600 6.677
202103 1.323 109.700 1.529
202203 4.115 116.500 4.479
202303 5.521 126.800 5.521

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.


Fuller Smith & Turner  (LSE:FSTA) 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.


Fuller Smith & Turner Cyclically Adjusted PS Ratio Related Terms

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Fuller Smith & Turner (LSE:FSTA) Business Description

Traded in Other Exchanges
Address
86-93 Strand-on-the-Green, Pier House, London, GBR, W4 3NN
Fuller Smith & Turner PLC is a family-owned operator of pubs and hotels in the United Kingdom. The company functions through two segments: Managed Pubs and Hotels and Tenanted Inns. Managed Pubs and Hotels, which comprises managed pubs, managed hotels, Bel & The Dragon, and Cotswold Inns & Hotels. Tenanted Inns, which comprises pubs operated by third parties under tenancy or lease agreements. Managed Pubs and Hotels segment generates most of the revenue for the company.

Fuller Smith & Turner (LSE:FSTA) Headlines