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FILA-Fabbrica Italiana Lapis ed Affini SpA (MIL:FILA) Cyclically Adjusted PB Ratio : 0.85 (As of May. 21, 2024)


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What is FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio?

As of today (2024-05-21), FILA-Fabbrica Italiana Lapis ed Affini SpA's current share price is €8.81. FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €10.41. FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio for today is 0.85.

The historical rank and industry rank for FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:FILA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.83   Max: 0.94
Current: 0.87

During the past years, FILA-Fabbrica Italiana Lapis ed Affini SpA's highest Cyclically Adjusted PB Ratio was 0.94. The lowest was 0.75. And the median was 0.83.

MIL:FILA's Cyclically Adjusted PB Ratio is ranked better than
76.84% of 2068 companies
in the Industrial Products industry
Industry Median: 1.845 vs MIL:FILA: 0.87

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.

FILA-Fabbrica Italiana Lapis ed Affini SpA's adjusted book value per share data for the three months ended in Dec. 2023 was €11.234. 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 €10.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FILA-Fabbrica Italiana Lapis ed Affini SpA'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.

FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio Chart

FILA-Fabbrica Italiana Lapis ed Affini SpA 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 - - - - 0.84

FILA-Fabbrica Italiana Lapis ed Affini SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.84 -

Competitive Comparison of FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, FILA-Fabbrica Italiana Lapis ed Affini SpA'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.


FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio falls into.



FILA-Fabbrica Italiana Lapis ed Affini SpA 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.

FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.81/10.41
=0.85

* 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.

FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, FILA-Fabbrica Italiana Lapis ed Affini SpA'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)
=11.234/119.7000*119.7000
=11.234

Current CPI (Dec. 2023) = 119.7000.

FILA-Fabbrica Italiana Lapis ed Affini SpA Quarterly Data

Book Value per Share CPI Adj_Book
201312 51.822 99.721 62.205
201406 0.000 100.093 0.000
201409 0.000 99.814 0.000
201412 62.359 99.721 74.853
201503 0.000 99.814 0.000
201506 4.423 100.279 5.280
201509 4.328 100.000 5.181
201512 4.637 99.814 5.561
201603 4.776 99.600 5.740
201606 4.825 99.900 5.781
201609 4.858 100.100 5.809
201612 5.012 100.300 5.981
201703 5.207 101.000 6.171
201706 5.147 101.100 6.094
201709 5.254 101.200 6.214
201712 5.011 101.200 5.927
201803 5.069 101.800 5.960
201806 5.107 102.400 5.970
201809 5.279 102.600 6.159
201812 6.167 102.300 7.216
201903 6.234 102.800 7.259
201906 6.221 103.100 7.223
201909 6.495 102.900 7.555
201912 6.500 102.800 7.569
202003 6.114 102.900 7.112
202006 6.095 102.900 7.090
202009 6.220 102.300 7.278
202012 6.035 102.600 7.041
202103 6.415 103.700 7.405
202106 6.701 104.200 7.698
202109 7.059 104.900 8.055
202112 7.301 106.600 8.198
202203 7.693 110.400 8.341
202206 8.105 112.500 8.624
202209 8.438 114.200 8.844
202212 7.851 119.000 7.897
202303 7.827 118.800 7.886
202306 8.176 119.700 8.176
202309 8.473 120.300 8.431
202312 11.234 119.700 11.234

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.


FILA-Fabbrica Italiana Lapis ed Affini SpA  (MIL:FILA) 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.


FILA-Fabbrica Italiana Lapis ed Affini SpA Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of FILA-Fabbrica Italiana Lapis ed Affini SpA's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


FILA-Fabbrica Italiana Lapis ed Affini SpA (MIL:FILA) Business Description

Traded in Other Exchanges
Address
Via XXV Aprile, 5, Pero, Milan, ITA, 20016
FILA-Fabbrica Italiana Lapis ed Affini SpA operates in the creativity tools market, producing colouring, design, modelling, writing and painting objects, such as pencils, crayons, modelling clay, chalk, oil colours, acrylics, watercolours, paints and paper for the fine arts, school and leisure. Geographically, the company operates in Europe, North America (USA and Canada), Central and South America, Asia and the Rest of the World, which includes South Africa and Australia.

FILA-Fabbrica Italiana Lapis ed Affini SpA (MIL:FILA) Headlines

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