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Federal National Mortgage Association Fannie Mae (STU:FNM) Cyclically Adjusted PS Ratio : 0.29 (As of Jun. 06, 2024)


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What is Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Federal National Mortgage Association Fannie Mae's current share price is €1.38. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.70. Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio for today is 0.29.

The historical rank and industry rank for Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:FNM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.68   Max: 1.79
Current: 0.31

During the past years, Federal National Mortgage Association Fannie Mae's highest Cyclically Adjusted PS Ratio was 1.79. The lowest was 0.07. And the median was 0.68.

STU:FNM's Cyclically Adjusted PS Ratio is ranked better than
97.22% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs STU:FNM: 0.31

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.

Federal National Mortgage Association Fannie Mae's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.191. 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 €4.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Federal National Mortgage Association Fannie Mae'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.

Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Chart

Federal National Mortgage Association Fannie Mae 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 0.81 0.60 0.18 0.07 0.22

Federal National Mortgage Association Fannie Mae 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 0.08 0.09 0.13 0.22 0.32

Competitive Comparison of Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio

For the Mortgage Finance subindustry, Federal National Mortgage Association Fannie Mae'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.


Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio falls into.



Federal National Mortgage Association Fannie Mae 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.

Federal National Mortgage Association Fannie Mae's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.38/4.7
=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.

Federal National Mortgage Association Fannie Mae's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Federal National Mortgage Association Fannie Mae'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)
=1.191/131.7762*131.7762
=1.191

Current CPI (Mar. 2024) = 131.7762.

Federal National Mortgage Association Fannie Mae Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.618 100.560 0.810
201409 0.805 100.428 1.056
201412 -0.232 99.070 -0.309
201503 0.596 99.621 0.788
201506 1.414 100.684 1.851
201509 0.550 100.392 0.722
201512 0.892 99.792 1.178
201603 0.340 100.470 0.446
201606 0.633 101.688 0.820
201609 0.845 101.861 1.093
201612 1.639 101.863 2.120
201703 0.900 102.862 1.153
201706 0.763 103.349 0.973
201709 0.945 104.136 1.196
201712 0.764 104.011 0.968
201803 0.942 105.290 1.179
201806 0.909 106.317 1.127
201809 0.900 106.507 1.114
201812 0.707 105.998 0.879
201903 0.636 107.251 0.781
201906 0.758 108.070 0.924
201909 0.800 108.329 0.973
201912 1.078 108.420 1.310
202003 0.776 108.902 0.939
202006 0.753 108.767 0.912
202009 1.019 109.815 1.223
202012 0.925 109.897 1.109
202103 1.092 111.754 1.288
202106 1.210 114.631 1.391
202109 1.054 115.734 1.200
202112 1.186 117.630 1.329
202203 1.211 121.301 1.316
202206 1.343 125.017 1.416
202209 1.260 125.227 1.326
202212 1.144 125.222 1.204
202303 1.112 127.348 1.151
202306 1.185 128.729 1.213
202309 1.288 129.860 1.307
202312 1.195 129.419 1.217
202403 1.191 131.776 1.191

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.


Federal National Mortgage Association Fannie Mae  (STU:FNM) 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.


Federal National Mortgage Association Fannie Mae Cyclically Adjusted PS Ratio Related Terms

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


Federal National Mortgage Association Fannie Mae (STU:FNM) Business Description

Address
1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments. The Single-Family business operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.

Federal National Mortgage Association Fannie Mae (STU:FNM) Headlines

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