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FTI Consulting (FTI Consulting) Cyclically Adjusted PS Ratio : 2.93 (As of Jun. 08, 2024)


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What is FTI Consulting Cyclically Adjusted PS Ratio?

As of today (2024-06-08), FTI Consulting's current share price is $217.14. FTI Consulting's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $74.14. FTI Consulting's Cyclically Adjusted PS Ratio for today is 2.93.

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

FCN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.7   Max: 3.14
Current: 2.93

During the past years, FTI Consulting's highest Cyclically Adjusted PS Ratio was 3.14. The lowest was 0.84. And the median was 1.70.

FCN's Cyclically Adjusted PS Ratio is ranked worse than
81.82% of 693 companies
in the Business Services industry
Industry Median: 0.89 vs FCN: 2.93

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.

FTI Consulting's adjusted revenue per share data for the three months ended in Mar. 2024 was $25.947. 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 $74.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FTI Consulting Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FTI Consulting'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.

FTI Consulting Cyclically Adjusted PS Ratio Chart

FTI Consulting 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 2.36 2.21 2.66 2.44 2.78

FTI Consulting 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 2.94 2.76 2.52 2.78 2.84

Competitive Comparison of FTI Consulting's Cyclically Adjusted PS Ratio

For the Consulting Services subindustry, FTI Consulting'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.


FTI Consulting's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FTI Consulting's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



FTI Consulting 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.

FTI Consulting's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=217.14/74.14
=2.93

* 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.

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

For example, FTI Consulting'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)
=25.947/131.7762*131.7762
=25.947

Current CPI (Mar. 2024) = 131.7762.

FTI Consulting Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.149 100.560 14.610
201409 11.053 100.428 14.503
201412 10.346 99.070 13.762
201503 10.462 99.621 13.839
201506 10.772 100.684 14.099
201509 10.849 100.392 14.241
201512 10.561 99.792 13.946
201603 11.429 100.470 14.990
201606 11.061 101.688 14.334
201609 10.413 101.861 13.471
201612 10.517 101.863 13.605
201703 10.822 102.862 13.864
201706 11.243 103.349 14.335
201709 11.894 104.136 15.051
201712 12.432 104.011 15.751
201803 13.234 105.290 16.563
201806 13.381 106.317 16.585
201809 13.237 106.507 16.378
201812 13.073 105.998 16.252
201903 14.424 107.251 17.722
201906 15.880 108.070 19.364
201909 15.634 108.329 19.018
201912 15.797 108.420 19.200
202003 15.831 108.902 19.156
202006 16.059 108.767 19.456
202009 16.779 109.815 20.135
202012 17.664 109.897 21.181
202103 19.573 111.754 23.080
202106 20.113 114.631 23.121
202109 19.858 115.734 22.611
202112 19.020 117.630 21.307
202203 20.300 121.301 22.053
202206 21.025 125.017 22.162
202209 21.601 125.227 22.731
202212 21.719 125.222 22.856
202303 22.736 127.348 23.527
202306 24.252 128.729 24.826
202309 25.052 129.860 25.422
202312 25.839 129.419 26.310
202403 25.947 131.776 25.947

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.


FTI Consulting  (NYSE:FCN) 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.


FTI Consulting Cyclically Adjusted PS Ratio Related Terms

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


FTI Consulting (FTI Consulting) Business Description

Traded in Other Exchanges
Address
555 12th Street NW, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.
Executives
Holly Paul officer: Chief Human Resources Officer 6016 KINGSFORD ROAD, BETHESDA MD 20817
Ajay Sabherwal officer: Chief Financial Officer C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Paul Alderman Linton officer: Chief Strategy/Transf. Officer 5915 SONOMA ROAD, BETHESDA MD 20817
Mark S. Bartlett director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Brenda J Bacon director 909 COMMERCE ROAD, ANNAPOLIS MD 21403
Steven Henry Gunby director, officer: President & CEO 9508 HEMSWELL PLACE, POTOMAC MD 20854
Elsy Lisa Boglioli director 555 12TH STREET NW, WASHINGTON DC 20004
Curtis P Lu officer: General Counsel 1203 STONNELL PLACE, ALEXANDRIA VA 22302
Vernon James Ellis director 49 QUEENS GATE TERRACE, LONDON X0 SW7 5PN
Claudio Costamagna director VIA SEBETO 4, MILANO L6 20123
Stephen C Robinson director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Nicole S Jones director 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Nicholas C Fanandakis director 1007 MARKET STREET, WILMINGTON DE 19898
Gerard E Holthaus director 3129 BLENDON ROAD, OWINGS MILLS MD 21117
Brendan J Keating officer: CAO and Controller C/O FTI CONSULTING INC, 555 12TH STREET NW, WASHINGTON DC 20004