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freenet AG (freenet AG) Cyclically Adjusted PB Ratio : 2.06 (As of Apr. 30, 2024)


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What is freenet AG Cyclically Adjusted PB Ratio?

As of today (2024-04-30), freenet AG's current share price is $27.14. freenet AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.18. freenet AG's Cyclically Adjusted PB Ratio for today is 2.06.

The historical rank and industry rank for freenet AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRTAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.89   Max: 2.7
Current: 2.11

During the past years, freenet AG's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 1.35. And the median was 1.89.

FRTAF's Cyclically Adjusted PB Ratio is ranked worse than
61.79% of 280 companies
in the Telecommunication Services industry
Industry Median: 1.435 vs FRTAF: 2.11

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

freenet AG's adjusted book value per share data for the three months ended in Dec. 2023 was $13.213. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $13.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


freenet AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for freenet AG's Cyclically Adjusted PB 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.

freenet AG Cyclically Adjusted PB Ratio Chart

freenet AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 1.65 2.07 1.65 1.97

freenet AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 1.65 1.89 1.80 1.72 1.97

Competitive Comparison of freenet AG's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, freenet AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


freenet AG's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, freenet AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where freenet AG's Cyclically Adjusted PB Ratio falls into.



freenet AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

freenet AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.14/13.18
=2.06

* 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.

freenet AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, freenet AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=13.213/123.6675*123.6675
=13.213

Current CPI (Dec. 2023) = 123.6675.

freenet AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.975 99.543 17.362
201406 12.360 99.543 15.356
201409 12.391 99.823 15.351
201412 12.420 99.543 15.430
201503 11.342 99.717 14.066
201506 10.632 100.417 13.094
201509 11.181 100.417 13.770
201512 11.269 99.717 13.976
201603 11.942 100.017 14.766
201606 10.727 100.717 13.171
201609 11.216 101.017 13.731
201612 11.203 101.217 13.688
201703 11.751 101.417 14.329
201706 10.991 102.117 13.311
201709 13.102 102.717 15.774
201712 13.231 102.617 15.945
201803 13.920 102.917 16.727
201806 11.878 104.017 14.122
201809 11.778 104.718 13.909
201812 11.199 104.217 13.289
201903 12.041 104.217 14.288
201906 10.828 105.718 12.666
201909 10.905 106.018 12.720
201912 11.386 105.818 13.307
202003 10.880 105.718 12.727
202006 11.824 106.618 13.715
202009 12.918 105.818 15.097
202012 17.703 105.518 20.748
202103 17.442 107.518 20.062
202106 15.765 108.486 17.971
202109 15.053 109.435 17.011
202112 15.530 110.384 17.399
202203 15.147 113.968 16.436
202206 13.082 115.760 13.976
202209 12.148 118.818 12.644
202212 13.139 119.345 13.615
202303 13.603 122.402 13.744
202306 12.093 123.140 12.145
202309 12.432 124.195 12.379
202312 13.213 123.668 13.213

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


freenet AG  (OTCPK:FRTAF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


freenet AG Cyclically Adjusted PB Ratio Related Terms

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


freenet AG (freenet AG) Business Description

Traded in Other Exchanges
Address
Hollerstrasse 126, Budelsdorf, DEU, 24782
freenet AG is a German mobile communication and mobile Internet company. It operates as an independent service provider without its own network. The company distributes mobile communications tariffs and options throughout Germany, using a subscription agreement and multi-brand strategy. The company has three operating segments: Mobile communications, TV and media and Other/holding. The Mobile communications segment generates almost all of the firm's revenue. This segment offers a product portfolio of voice and data services for mobile communication operators. It also buys mobile communications services from the network operators and sells them to its end customers.

freenet AG (freenet AG) Headlines

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