GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Feintool International Holding AG (XSWX:FTON) » Definitions » Cyclically Adjusted PB Ratio

Feintool International Holding AG (XSWX:FTON) Cyclically Adjusted PB Ratio : 0.45 (As of May. 15, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Feintool International Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Feintool International Holding AG's current share price is CHF17.90. Feintool International Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF39.88. Feintool International Holding AG's Cyclically Adjusted PB Ratio for today is 0.45.

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

XSWX:FTON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.8   Max: 3.32
Current: 0.45

During the past 13 years, Feintool International Holding AG's highest Cyclically Adjusted PB Ratio was 3.32. The lowest was 0.42. And the median was 1.80.

XSWX:FTON's Cyclically Adjusted PB Ratio is ranked better than
91.41% of 2048 companies
in the Industrial Products industry
Industry Median: 1.85 vs XSWX:FTON: 0.45

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.

Feintool International Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF33.153. 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 CHF39.88 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Feintool International Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Feintool International Holding 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.

Feintool International Holding AG Cyclically Adjusted PB Ratio Chart

Feintool International Holding 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 1.31 1.13 1.08 0.52 0.45

Feintool International Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.08 - 0.52 - 0.45

Competitive Comparison of Feintool International Holding AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Feintool International Holding 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.


Feintool International Holding AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Feintool International Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Feintool International Holding 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.

Feintool International Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.90/39.88
=0.45

* 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.

Feintool International Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Feintool International Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=33.153/106.4611*106.4611
=33.153

Current CPI (Dec23) = 106.4611.

Feintool International Holding AG Annual Data

Book Value per Share CPI Adj_Book
201412 30.822 100.704 32.584
201512 31.554 99.386 33.800
201612 34.872 99.380 37.357
201712 38.705 100.213 41.118
201812 44.263 100.906 46.700
201912 42.731 101.063 45.013
202012 40.497 100.241 43.010
202112 46.600 101.776 48.745
202212 36.700 104.666 37.329
202312 33.153 106.461 33.153

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.


Feintool International Holding AG  (XSWX:FTON) 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.


Feintool International Holding AG Cyclically Adjusted PB Ratio Related Terms

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


Feintool International Holding AG (XSWX:FTON) Business Description

Traded in Other Exchanges
Address
Industriering 8, Lyss, CHE, 3250
Feintool International Holding AG is a company providing fine blanking systems and producing ready-to-install fine blanking & forming components for the automobile industry. It carries its operations in three segments namely System Parts Europe, System Parts USA, and System Parts Asia. The majority of its revenue comes from the System Parts Europe segment, which develops, manufactures and sells system components and assemblies using fine blanking technology. Its operations are carried out in Europe, Japan, China, and U.S. Majority sales come from Europe excluding Switzerland.

Feintool International Holding AG (XSWX:FTON) Headlines

No Headlines