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Freeze Tag (Freeze Tag) Cyclically Adjusted Book per Share : $-0.77 (As of Dec. 2023)


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What is Freeze Tag 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.

Freeze Tag's adjusted book value per share for the three months ended in Dec. 2023 was $-0.003. 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 $-0.77 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Freeze Tag was 7.70% per year. The lowest was 4.00% per year. And the median was 5.85% per year.

As of today (2024-04-29), Freeze Tag's current stock price is $0.00915. Freeze Tag's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-0.77. Freeze Tag's Cyclically Adjusted PB Ratio of today is .


Freeze Tag Cyclically Adjusted Book per Share Historical Data

The historical data trend for Freeze Tag'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.

Freeze Tag Cyclically Adjusted Book per Share Chart

Freeze Tag 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 -1.05 -0.98 -1.00 -0.93 -0.77

Freeze Tag Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.93 -0.91 -0.87 -0.84 -0.77

Competitive Comparison of Freeze Tag's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Freeze Tag'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.


Freeze Tag's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Freeze Tag's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Freeze Tag 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, Freeze Tag'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)
=-0.003/129.4194*129.4194
=-0.003

Current CPI (Dec. 2023) = 129.4194.

Freeze Tag Quarterly Data

Book Value per Share CPI Adj_Book
201403 -2.048 99.695 -2.659
201406 -2.775 100.560 -3.571
201409 -3.021 100.428 -3.893
201412 -1.730 99.070 -2.260
201503 -1.696 99.621 -2.203
201506 -1.703 100.684 -2.189
201509 -1.736 100.392 -2.238
201512 -1.718 99.792 -2.228
201603 -1.763 100.470 -2.271
201606 -1.828 101.688 -2.327
201609 -1.358 101.861 -1.725
201612 0.031 101.863 0.039
201703 -0.822 102.862 -1.034
201706 -0.938 103.349 -1.175
201709 -0.755 104.136 -0.938
201712 -0.007 104.011 -0.009
201803 -0.007 105.290 -0.009
201806 -0.006 106.317 -0.007
201809 -0.006 106.507 -0.007
201812 -0.006 105.998 -0.007
201903 -0.005 107.251 -0.006
201906 -0.006 108.070 -0.007
201909 -0.007 108.329 -0.008
201912 -0.006 108.420 -0.007
202003 -0.008 108.902 -0.010
202006 -0.008 108.767 -0.010
202009 -0.008 109.815 -0.009
202012 -0.009 109.897 -0.011
202103 -0.009 111.754 -0.010
202106 -0.006 114.631 -0.007
202109 -0.005 115.734 -0.006
202112 -0.004 117.630 -0.004
202203 -0.004 121.301 -0.004
202206 -0.002 125.017 -0.002
202209 -0.002 125.227 -0.002
202212 -0.001 125.222 -0.001
202303 -0.001 127.348 -0.001
202306 -0.001 128.729 -0.001
202309 -0.001 129.860 -0.001
202312 -0.003 129.419 -0.003

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


Freeze Tag  (OTCPK:FRZT) 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.


Be Aware

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


Freeze Tag Cyclically Adjusted Book per Share Related Terms

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


Freeze Tag (Freeze Tag) Business Description

Traded in Other Exchanges
N/A
Address
360 E 1st Street, Suite 450, Tustin, CA, USA, 92780
Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.
Executives
Vardeman Robert Don Jr director, 10 percent owner, officer: President 1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland director, 10 percent owner, officer: President and CEO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo director, 10 percent owner, officer: Secretary and CFO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780

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