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Filinvest Development (PHS:FDC) Cyclically Adjusted PS Ratio : 0.72 (As of May. 17, 2024)


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What is Filinvest Development Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Filinvest Development's current share price is ₱5.77. Filinvest Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱8.05. Filinvest Development's Cyclically Adjusted PS Ratio for today is 0.72.

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

PHS:FDC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.75   Max: 4.25
Current: 0.72

During the past years, Filinvest Development's highest Cyclically Adjusted PS Ratio was 4.25. The lowest was 0.66. And the median was 1.75.

PHS:FDC's Cyclically Adjusted PS Ratio is ranked better than
50.45% of 444 companies
in the Conglomerates industry
Industry Median: 0.765 vs PHS:FDC: 0.72

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.

Filinvest Development's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱2.779. 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 ₱8.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Filinvest Development Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Filinvest Development'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.

Filinvest Development Cyclically Adjusted PS Ratio Chart

Filinvest Development 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 2.79 1.80 1.32 0.93 0.69

Filinvest Development 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 0.77 0.70 0.69 0.69 0.71

Competitive Comparison of Filinvest Development's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Filinvest Development'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.


Filinvest Development's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



Filinvest Development 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.

Filinvest Development's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.77/8.05
=0.72

* 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.

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

For example, Filinvest Development'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)
=2.779/131.7762*131.7762
=2.779

Current CPI (Mar. 2024) = 131.7762.

Filinvest Development Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.757 100.560 0.992
201409 0.774 100.428 1.016
201412 0.950 99.070 1.264
201503 1.039 99.621 1.374
201506 1.040 100.684 1.361
201509 1.126 100.392 1.478
201512 1.192 99.792 1.574
201603 1.135 100.470 1.489
201606 1.276 101.688 1.654
201609 1.183 101.861 1.530
201612 1.728 101.863 2.235
201703 1.496 102.862 1.917
201706 1.394 103.349 1.777
201709 1.486 104.136 1.880
201712 1.978 104.011 2.506
201803 1.823 105.290 2.282
201806 1.961 106.317 2.431
201809 1.695 106.507 2.097
201812 2.027 105.998 2.520
201903 2.135 107.251 2.623
201906 2.248 108.070 2.741
201909 2.065 108.329 2.512
201912 2.292 108.420 2.786
202003 2.116 108.902 2.560
202006 1.648 108.767 1.997
202009 1.716 109.815 2.059
202012 1.671 109.897 2.004
202103 1.640 111.754 1.934
202106 1.565 114.631 1.799
202109 1.604 115.734 1.826
202112 1.589 117.630 1.780
202203 1.684 121.301 1.829
202206 1.873 125.017 1.974
202209 1.860 125.227 1.957
202212 2.067 125.222 2.175
202303 2.167 127.348 2.242
202306 2.282 128.729 2.336
202309 2.318 129.860 2.352
202312 2.805 129.419 2.856
202403 2.779 131.776 2.779

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.


Filinvest Development  (PHS:FDC) 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.


Filinvest Development Cyclically Adjusted PS Ratio Related Terms

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


Filinvest Development (PHS:FDC) Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue corner 23rd Street, 6th Floor, The Beaufort, Bonifacio Global City, Metro Manila, Taguig City, PHL, 1634
Filinvest Development Corp is a Philippines-based company which focuses on diverse business such as real estate development and leasing, hospitality operations, banking and financial services, power and utility operations, sugar cane farming, milling and sugar trading. Majority of its revenue generating operating segments are Real estate and hospitality which is involved in acquisition of land, planning and development of large-scale fully integrated residential and commercial communities; development and sale of residential and commercial lots; Sugar Operations which involves purchase of raw sugar, refined sugar and molasses from Davao Sugar Central Company, Inc. and Cotabato Sugar Central Company, Inc., subsidiaries of PSHC, and sale to third parties.

Filinvest Development (PHS:FDC) Headlines

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