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Jefferies Financial Group (Jefferies Financial Group) Cyclically Adjusted PS Ratio : 1.50 (As of Apr. 27, 2024)


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What is Jefferies Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Jefferies Financial Group's current share price is $43.56. Jefferies Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $29.04. Jefferies Financial Group's Cyclically Adjusted PS Ratio for today is 1.50.

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

JEF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.19   Max: 3.96
Current: 1.5

During the past years, Jefferies Financial Group's highest Cyclically Adjusted PS Ratio was 3.96. The lowest was 0.54. And the median was 1.19.

JEF's Cyclically Adjusted PS Ratio is ranked better than
69.62% of 576 companies
in the Capital Markets industry
Industry Median: 2.99 vs JEF: 1.50

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.

Jefferies Financial Group's adjusted revenue per share data for the three months ended in Feb. 2024 was $11.327. 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 $29.04 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jefferies Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jefferies Financial 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.

Jefferies Financial Group Cyclically Adjusted PS Ratio Chart

Jefferies Financial Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.93 1.29 1.23 1.22

Jefferies Financial Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.30 1.04 1.23 1.22 1.44

Competitive Comparison of Jefferies Financial Group's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Jefferies Financial 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.


Jefferies Financial Group's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jefferies Financial 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.56/29.04
=1.50

* 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.

Jefferies Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Jefferies Financial Group's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=11.327/129.4194*129.4194
=11.327

Current CPI (Feb. 2024) = 129.4194.

Jefferies Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.319 99.695 10.799
201406 8.301 100.560 10.683
201409 8.607 100.428 11.092
201412 7.722 99.070 10.088
201503 8.939 99.621 11.613
201506 8.176 100.684 10.509
201509 6.888 100.392 8.880
201512 7.257 99.792 9.412
201603 5.928 100.470 7.636
201606 7.627 101.688 9.707
201609 7.699 101.861 9.782
201612 -11.020 101.863 -14.001
201703 8.199 102.862 10.316
201706 2.999 103.349 3.756
201709 2.978 104.136 3.701
201712 3.582 104.011 4.457
201803 3.109 105.290 3.822
201806 3.493 106.317 4.252
201809 4.165 106.507 5.061
201902 3.749 106.649 4.549
201905 4.833 108.048 5.789
201908 3.922 108.245 4.689
201911 4.517 108.519 5.387
202002 5.489 109.139 6.509
202005 4.804 108.175 5.747
202008 6.402 109.662 7.555
202011 7.430 109.793 8.758
202102 9.908 110.968 11.555
202105 7.991 113.576 9.106
202108 7.887 115.421 8.844
202111 7.146 117.269 7.886
202202 7.176 119.703 7.758
202205 6.336 123.323 6.649
202208 7.292 124.958 7.552
202211 7.289 125.607 7.510
202302 7.177 126.928 7.318
202305 6.728 128.314 6.786
202308 8.795 129.538 8.787
202311 8.769 129.548 8.760
202402 11.327 129.419 11.327

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.


Jefferies Financial Group  (NYSE:JEF) 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.


Jefferies Financial Group Cyclically Adjusted PS Ratio Related Terms

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


Jefferies Financial Group (Jefferies Financial Group) Business Description

Traded in Other Exchanges
Address
520 Madison Avenue, New York, NY, USA, 10022
Jefferies Financial Group Inc is a diversified financial services company. Its business consists of investment banking and capital markets (Jefferies Group), commercial mortgage banking (Berkadia), asset management (Leucadia Asset Management), and online platform for foreign exchange trading (FXCM), a real estate company (Homefed), and vehicle finance (Foursight Capital and Chrome Capital). The company is also involved in other businesses, such as oil and gas exploration, through JETX and Vitesse Energy; automobile dealerships, through Gargadia; fixed wireless broadband services, through Linkem; and gold and silver mining through Golden Queen, among others.
Executives
Joseph S Steinberg director, 10 percent owner, officer: President C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Mark Lawrence Cagno officer: VP and Co-Controller C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVENUE, NEW YORK NY 10022
Matthew Scott Larson officer: EVP, Co-CFO C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVENUE, NEW YORK NY 10022
Brian P Friedman director, officer: President
Rocco J Nittoli officer: Treasurer 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Thomas W Jones director ALTRIA GROUP INC, 6601 WEST BROAD STREET, RICHMOND VA 23230
O Kane Michael T director 80 HICKORY HILL BLVD, TOTOWA NJ 07512
Melissa Weiler director 399 PARK AVE 38TH FL, NEW YORK DC 10022
Matrice Ellis-kirk director C/O JEFFERIES FINANCIAL GROUP INC, 520 MADISON AVENUE, NEW YORK NY 10022
Stuart Harry Reese director
Barry J Alperin director C/O HENRY SCHEIN INC, 135 DURYEA RD, MELVILLE NY 11747
Jacob M Katz director C/O HERC HOLDINGS INC., 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Maryanne Gilmartin director C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVE., NEW YORK NY 10022
John Merritt Dalton officer: Controller 520 MADISON AVE., NEW YORK NY 10022
Teresa S Gendron officer: Chief Financial Officer 520 MADISON AVE., C/O JEFFERIES FINANCIAL GROUP INC., NEW YORK NY 10022