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Flanigan'S Enterprises (Flanigan'S Enterprises) Cyclically Adjusted PB Ratio : 1.12 (As of Apr. 28, 2024)


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What is Flanigan'S Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Flanigan'S Enterprises's current share price is $27.00. Flanigan'S Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $24.01. Flanigan'S Enterprises's Cyclically Adjusted PB Ratio for today is 1.12.

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

BDL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.75   Max: 4.31
Current: 1.12

During the past years, Flanigan'S Enterprises's highest Cyclically Adjusted PB Ratio was 4.31. The lowest was 0.61. And the median was 1.75.

BDL's Cyclically Adjusted PB Ratio is ranked better than
67.86% of 224 companies
in the Restaurants industry
Industry Median: 2.105 vs BDL: 1.12

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.

Flanigan'S Enterprises's adjusted book value per share data for the three months ended in Dec. 2023 was $31.741. 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 $24.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flanigan'S Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Flanigan'S Enterprises'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.

Flanigan'S Enterprises Cyclically Adjusted PB Ratio Chart

Flanigan'S Enterprises Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.14 1.49 1.21 1.39

Flanigan'S Enterprises 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 1.20 1.26 1.33 1.39 1.07

Competitive Comparison of Flanigan'S Enterprises's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Flanigan'S Enterprises'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.


Flanigan'S Enterprises's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Flanigan'S Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Flanigan'S Enterprises's Cyclically Adjusted PB Ratio falls into.



Flanigan'S Enterprises 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.

Flanigan'S Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.00/24.01
=1.12

* 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.

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

For example, Flanigan'S Enterprises'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)
=31.741/129.4194*129.4194
=31.741

Current CPI (Dec. 2023) = 129.4194.

Flanigan'S Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.909 99.695 15.460
201406 12.370 100.560 15.920
201409 12.619 100.428 16.262
201412 12.850 99.070 16.787
201503 13.455 99.621 17.480
201506 13.907 100.684 17.876
201509 14.331 100.392 18.475
201512 14.667 99.792 19.021
201603 14.953 100.470 19.261
201606 15.570 101.688 19.816
201609 15.782 101.861 20.052
201612 16.139 101.863 20.505
201703 16.503 102.862 20.764
201706 16.956 103.349 21.233
201709 17.207 104.136 21.385
201712 17.541 104.011 21.826
201803 18.042 105.290 22.177
201806 18.603 106.317 22.645
201809 18.935 106.507 23.008
201812 19.334 105.998 23.606
201903 19.603 107.251 23.655
201906 20.125 108.070 24.101
201909 20.618 108.329 24.632
201912 20.883 108.420 24.928
202003 21.232 108.902 25.232
202006 20.987 108.767 24.972
202009 21.215 109.815 25.002
202012 21.635 109.897 25.478
202103 22.953 111.754 26.581
202106 26.826 114.631 30.287
202109 27.555 115.734 30.813
202112 28.396 117.630 31.242
202203 28.288 121.301 30.181
202206 29.277 125.017 30.308
202209 29.951 125.227 30.954
202212 30.287 125.222 31.302
202303 31.308 127.348 31.817
202306 31.720 128.729 31.890
202309 31.865 129.860 31.757
202312 31.741 129.419 31.741

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.


Flanigan'S Enterprises  (AMEX:BDL) 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.


Flanigan'S Enterprises Cyclically Adjusted PB Ratio Related Terms

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


Flanigan'S Enterprises (Flanigan'S Enterprises) Business Description

Traded in Other Exchanges
Address
5059 N.E. 18th Avenue, Fort Lauderdale, FL, USA, 33334
Flanigan'S Enterprises Inc operates as a chain of small cocktail lounges and packages liquor stores throughout South Florida. Its menu consists of a wide variety of options including prime rib, steaks, pasta, entree salads, burgers, a variety of sandwiches, and oversized signature desserts. The business activity is principally conducted in two segments namely Restaurant and Package liquor store segment. Its Restaurant segment offers alcoholic beverages and full food service and Package stores consist of retail liquor sales and related items. The company generates maximum revenue from Restaurant segment.
Executives
E. Mary Bennett director 2168 CENTERVIEW CT N, CLEARWATER FL 33759
Christopher Barry Oneil director 4101 NE 26TH AVENUE, LIGHTHOUSE POINT FL 33064
August Bucci director, officer: Chief Operating Officer 13078 NORTHWEST 23RD ST, PEMBROKE PINES FL 33028
James Ii Flanigan director, officer: President 5059 NORTHEAST 18TH AVE, FORT LAUDERDALE FL 33334
Jeffrey D Kastner director, officer: CFO & Secretary 5059 N.E. 18TH AVENUE, FORT LAUDERDALE FL 33334
Christopher Jeff Nelms director 724 SE 17TH TERRACE, DEERFIELD BEACH FL 33441
Michael B Flanigan director 601 OVERLOOK DRIVE, STUART FL 34994
Barbara J Kronk director 9990 N.W. 39TH STREET, HOLLYWOOD FL 33024
Jean Picard officer: VP of Package Operations 8351 NORTHWEST 166TH TERRACE, MIAMI FL 33016
Patrick J Flanigan director 1750 NORTHWEST RIVER TRAIL, STUART FL 34994
Joseph G Flanigan director, officer: Chariman & CEO 6 GATEHOUSE ROAD, SEA RANCH LAKES FL 33308

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