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FBR (FBRC) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is FBR Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FBR Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FBR'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.

FBR Cyclically Adjusted PS Ratio Chart

FBR Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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FBR Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of FBR's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, FBR'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.


FBR's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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



FBR 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.

FBR's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, FBR's adjusted Revenue per Share data for the three months ended in Mar. 2017 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=4.435/102.8622*102.8622
=4.435

Current CPI (Mar. 2017) = 102.8622.

FBR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200706 10.534 87.906 12.326
200709 6.617 87.964 7.738
200712 3.795 88.616 4.405
200803 6.459 90.090 7.375
200806 3.119 92.320 3.475
200809 2.804 92.307 3.125
200812 -1.254 88.697 -1.454
200903 3.359 89.744 3.850
200906 3.481 91.003 3.935
200909 4.523 91.120 5.106
200912 7.782 91.111 8.786
201003 2.763 91.821 3.095
201006 4.429 91.962 4.954
201009 3.613 92.162 4.032
201012 4.730 92.474 5.261
201103 3.155 94.283 3.442
201106 2.887 95.235 3.118
201109 1.097 95.727 1.179
201112 1.716 95.213 1.854
201203 2.432 96.783 2.585
201206 2.357 96.819 2.504
201209 1.904 97.633 2.006
201212 4.026 96.871 4.275
201303 8.872 98.209 9.292
201306 5.088 98.518 5.312
201309 2.554 98.790 2.659
201312 3.282 98.326 3.433
201403 4.497 99.695 4.640
201406 4.772 100.560 4.881
201409 3.687 100.428 3.776
201412 2.730 99.070 2.835
201503 3.070 99.621 3.170
201506 4.832 100.684 4.937
201509 3.238 100.392 3.318
201512 3.138 99.792 3.235
201603 2.366 100.470 2.422
201606 2.748 101.688 2.780
201609 2.656 101.861 2.682
201612 5.527 101.863 5.581
201703 4.435 102.862 4.435

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.


FBR  (NAS:FBRC) 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.


FBR Cyclically Adjusted PS Ratio Related Terms

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


FBR (FBRC) Business Description

Traded in Other Exchanges
N/A
Address
FBR & Co is a full-service investment banking, institutional brokerage and asset management firm with a customer-focused and new approach to meeting its clients' needs. In addition, it makes main investments, including merchant banking investments, with its own capital. The Company has focused its business on providing: capital raising services, including underwriting and placement of public and private equity and debt; financial advisory services, including merger and acquisition advisory, restructuring, recapitalization and strategic alternative analysis; institutional sales and trading services; research coverage; asset management services through a group of proprietary mutual funds, hedge funds and funds of funds; private wealth management services to high net worth individuals, families, foundations, pension funds, endowments and other private entities; and proprietary investment returns to its shareholders through merchant banking and other direct investments that it makes utilizing its own capital. The Company focuses its capital markets business in seven industry sectors: consumer, diversified industrials, energy and natural resources, financial institutions, insurance, real estate, and technology, media and telecommunications. Its business comprises of two segments: capital markets, which includes investment banking, institutional brokerage and research; and principal investing.
Executives
Reena Aggarwal director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Robert J Kiernan officer: Chief Accounting Officer 7373 WISCONSIN AVENUE, SUITE 800, BETHESDA MD 20814
Richard J Hendrix director, officer: President and CEO 1300 NORTH 17TH STREET, ARLINGTON VA 22209
Mark Robert Patterson director 602 UNION STREET, SUITE 2000, SEATTLE WA 98101
Arthur J Reimers director 1300 NORTH 17TH STREET, ARLINGTON VA 22209
William Frederick Strome director 127 INDUSTRY BOULEVARD NORTH HUNTINGDON PA 15642
James C Neuhauser officer: Ex VP 100 NORTH 17TH STREET, ARLINGTON VA 22209
Crestview Offshore Holdings (cayman), L.p. director, 10 percent owner 667 MADISON AVE 1OTH FL, NEW YORK NY 10021
Adam J Klein director C/O CRESTVIEW ADVISORS, 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Crestview Partners, L.p. director, 10 percent owner 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10021
Crestview Partners Gp, L.p. director, 10 percent owner 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Crestview Partners (pf), L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS LP, 667 MADISON AVENUE 10TH FLR, NEW YORK NY 10021
Crestview Holdings (te), L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS GP LP, 667 MADISON AVENUE 10TH FLOOR, NEW YORK NY 10021
Crestview Partners (erisa), L.p. director, 10 percent owner 667 MADISON AVE 10TH FL, NEW YORK NY 10021
Michael Ralph S Iii director

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