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FARO (Faro Technologies) Cyclically Adjusted Book per Share : $22.89 (As of Jun. 2024)


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What is Faro Technologies Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Faro Technologies's adjusted book value per share for the three months ended in Jun. 2024 was $13.222. 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 $22.89 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Faro Technologies's average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Faro Technologies was 14.80% per year. The lowest was 4.00% per year. And the median was 9.90% per year.

As of today (2024-10-31), Faro Technologies's current stock price is $17.56. Faro Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $22.89. Faro Technologies's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Faro Technologies was 4.85. The lowest was 0.49. And the median was 2.38.


Faro Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Faro Technologies's Cyclically Adjusted Book per Share 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.

Faro Technologies Cyclically Adjusted Book per Share Chart

Faro Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.75 20.35 21.98 23.01 22.92

Faro Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted Book per Share 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 23.29 23.25 22.92 23.06 22.89

Competitive Comparison of Faro Technologies's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Faro Technologies'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.


Faro Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Faro Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Faro Technologies Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Faro Technologies's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=13.222/132.5538*132.5538
=13.222

Current CPI (Jun. 2024) = 132.5538.

Faro Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201409 19.509 100.428 25.750
201412 19.856 99.070 26.567
201503 19.637 99.621 26.129
201506 20.066 100.684 26.418
201509 19.893 100.392 26.266
201512 19.752 99.792 26.236
201603 20.379 100.470 26.887
201606 20.487 101.688 26.705
201609 20.727 101.861 26.972
201612 20.362 101.863 26.497
201703 20.620 102.862 26.572
201706 20.918 103.349 26.829
201709 21.347 104.136 27.173
201712 20.960 104.011 26.712
201803 21.723 105.290 27.348
201806 21.362 106.317 26.634
201809 21.502 106.507 26.760
201812 21.829 105.998 27.298
201903 21.746 107.251 26.876
201906 21.589 108.070 26.480
201909 21.117 108.329 25.839
201912 18.888 108.420 23.092
202003 17.879 108.902 21.762
202006 17.365 108.767 21.163
202009 17.570 109.815 21.208
202012 20.027 109.897 24.156
202103 19.322 111.754 22.918
202106 19.662 114.631 22.736
202109 19.600 115.734 22.448
202112 17.932 117.630 20.207
202203 17.345 121.301 18.954
202206 16.328 125.017 17.312
202209 15.949 125.227 16.882
202212 16.563 125.222 17.533
202303 15.676 127.348 16.317
202306 14.318 128.729 14.743
202309 13.670 129.860 13.954
202312 14.160 129.419 14.503
202403 13.641 131.776 13.721
202406 13.222 132.554 13.222

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


Faro Technologies  (NAS:FARO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Faro Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.56/22.89
=0.77

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Faro Technologies was 4.85. The lowest was 0.49. And the median was 2.38.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Faro Technologies Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Faro Technologies's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Faro Technologies Business Description

Industry
Traded in Other Exchanges
Address
125 Technology Park, Lake Mary, FL, USA, 32746
Faro Technologies Inc is a technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
Executives
Peter James Lau director, officer: President and CEO C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Jeffrey D Sexton officer: Vice President of Global Sales 1519 MONTEVAL PLACE, SAN JOSE CA 95120
Alexander M Davern director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Rotterdam Jeroen Van director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Stephen Cole director 125 TECHNOLOGY PARK, LAKE MARY FL 32746
John Donofrio director ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Jawad A Ahsan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Rajani Ramanathan director C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Moonhie Chin director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Kevin Beadle officer: Senior Vice President, Sales 1601 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Katrona Tyrrell officer: Chief People Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Yazid Tohme officer: Chief R&D Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich officer: Chief Financial Officer 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Michael D Burger director, officer: President and CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746