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Federal Agricultural Mortgage (Federal Agricultural Mortgage) Cyclically Adjusted PS Ratio : 5.98 (As of Jun. 08, 2024)


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What is Federal Agricultural Mortgage Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Federal Agricultural Mortgage's current share price is $174.13. Federal Agricultural Mortgage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.12. Federal Agricultural Mortgage's Cyclically Adjusted PS Ratio for today is 5.98.

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

AGM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.26   Med: 5.1   Max: 7.3
Current: 6.25

During the past years, Federal Agricultural Mortgage's highest Cyclically Adjusted PS Ratio was 7.30. The lowest was 2.26. And the median was 5.10.

AGM's Cyclically Adjusted PS Ratio is ranked worse than
69.61% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs AGM: 6.25

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 Agricultural Mortgage's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.534. 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 $29.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Agricultural Mortgage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Federal Agricultural Mortgage'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 Agricultural Mortgage Cyclically Adjusted PS Ratio Chart

Federal Agricultural Mortgage 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 5.26 4.35 6.86 4.61 7.14

Federal Agricultural Mortgage 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 5.20 5.80 5.91 7.14 6.76

Competitive Comparison of Federal Agricultural Mortgage's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Federal Agricultural Mortgage'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 Agricultural Mortgage's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Federal Agricultural Mortgage's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Federal Agricultural Mortgage 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 Agricultural Mortgage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=174.13/29.12
=5.98

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

For example, Federal Agricultural Mortgage'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)
=8.534/131.7762*131.7762
=8.534

Current CPI (Mar. 2024) = 131.7762.

Federal Agricultural Mortgage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.485 100.560 3.256
201409 3.117 100.428 4.090
201412 2.218 99.070 2.950
201503 2.759 99.621 3.650
201506 4.378 100.684 5.730
201509 2.413 100.392 3.167
201512 3.342 99.792 4.413
201603 2.811 100.470 3.687
201606 3.215 101.688 4.166
201609 3.725 101.861 4.819
201612 5.226 101.863 6.761
201703 4.069 102.862 5.213
201706 4.032 103.349 5.141
201709 4.056 104.136 5.133
201712 4.059 104.011 5.143
201803 4.047 105.290 5.065
201806 4.684 106.317 5.806
201809 4.607 106.507 5.700
201812 3.989 105.998 4.959
201903 4.110 107.251 5.050
201906 5.180 108.070 6.316
201909 3.404 108.329 4.141
201912 5.313 108.420 6.458
202003 3.396 108.902 4.109
202006 5.495 108.767 6.657
202009 4.413 109.815 5.296
202012 5.876 109.897 7.046
202103 5.652 111.754 6.665
202106 5.115 114.631 5.880
202109 5.724 115.734 6.517
202112 5.697 117.630 6.382
202203 7.976 121.301 8.665
202206 6.575 125.017 6.930
202209 6.610 125.227 6.956
202212 7.241 125.222 7.620
202303 7.750 127.348 8.019
202306 7.752 128.729 7.936
202309 8.878 129.860 9.009
202312 7.744 129.419 7.885
202403 8.534 131.776 8.534

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 Agricultural Mortgage  (NYSE:AGM) 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 Agricultural Mortgage Cyclically Adjusted PS Ratio Related Terms

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


Federal Agricultural Mortgage (Federal Agricultural Mortgage) Business Description

Address
1999 K Street, North West, 4th Floor, Washington, DC, USA, 20006
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.
Executives
Chester J Culver director C/O FARMER MAC, 1999 K STREET NW, 4TH FLOOR, WASHINGTON DC 20006
Robert J Maines officer: SVP - Operations C/O BENEFICIAL BANCORP, INC., 1818 MARKET STREET, PHILADELPHIA PA 19103
Zachary Carpenter officer: Chief Business Officer C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Charles A Stones director C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006
Stephen P Mullery officer: SVP - General Counsel C/O FARMER MAC, 1999 K STREET N.W., 4TH FLOOR, WASHINGTON DC 20006
Bradford T Nordholm officer: President and CEO C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006
Dennis L Brack director 1999 K STREET, NW, 4TH FLOOR, WASHINGTON, DC 20006
Brian M Brinch officer: SVP-Business Strategy C/O FARMER MAC, 1999 K STREET NW, FOURTH FLOOR, WASHINGTON DC 20006
Kerry T Willie officer: SVP - Chief HR Officer C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006
Everett M Dobrinski director C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Sean Datcher officer: SVP- Chief Information Officer C/O FARMER MAC 1999 K STREET NW, 4TH FL, WASHINGTON DC 20006
Robert G Sexton director C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Sara Louise Faivre-davis director C/O FARMER MAC, 1999 K STREET, NW, 4TH FLOOR, WASHINGTON DC 20006
James R Engebretsen director C/O FARMER MAC, 1999 K STREET, NW, 4TH FLOOR, WASHINGTON DC 20006
Roy H Tiarks director C/O FARMER MAC 1999 K STREET NW, 4TH FL, WASHINGTON DC 20006