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FF (FutureFuel) Cyclically Adjusted Book per Share : $9.29 (As of Dec. 2024)


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What is FutureFuel 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.

FutureFuel's adjusted book value per share for the three months ended in Dec. 2024 was $4.699. 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 $9.29 for the trailing ten years ended in Dec. 2024.

During the past 12 months, FutureFuel's average Cyclically Adjusted Book Growth Rate was -2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 FutureFuel was 4.00% per year. The lowest was 0.40% per year. And the median was 3.35% per year.

As of today (2025-05-10), FutureFuel's current stock price is $4.12. FutureFuel's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $9.29. FutureFuel's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FutureFuel was 2.35. The lowest was 0.41. And the median was 1.36.


FutureFuel Cyclically Adjusted Book per Share Historical Data

The historical data trend for FutureFuel'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.

FutureFuel Cyclically Adjusted Book per Share Chart

FutureFuel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.70 9.18 9.50 9.57 9.29

FutureFuel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9.57 9.61 9.54 9.44 9.29

Competitive Comparison of FutureFuel's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, FutureFuel'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.


FutureFuel's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FutureFuel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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FutureFuel 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, FutureFuel's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=4.699/133.1571*133.1571
=4.699

Current CPI (Dec. 2024) = 133.1571.

FutureFuel Quarterly Data

Book Value per Share CPI Adj_Book
201503 8.334 99.621 11.140
201506 8.342 100.684 11.033
201509 8.366 100.392 11.096
201512 9.020 99.792 12.036
201603 9.217 100.470 12.216
201606 9.513 101.688 12.457
201609 9.778 101.861 12.782
201612 7.607 101.863 9.944
201703 7.739 102.862 10.018
201706 7.811 103.349 10.064
201709 7.904 104.136 10.107
201712 8.038 104.011 10.290
201803 8.740 105.290 11.053
201806 8.881 106.317 11.123
201809 9.095 106.507 11.371
201812 8.895 105.998 11.174
201903 9.025 107.251 11.205
201906 9.110 108.070 11.225
201909 9.262 108.329 11.385
201912 10.678 108.420 13.114
202003 8.107 108.902 9.913
202006 8.457 108.767 10.353
202009 8.615 109.815 10.446
202012 8.502 109.897 10.301
202103 8.300 111.754 9.890
202106 5.882 114.631 6.833
202109 6.091 115.734 7.008
202112 6.602 117.630 7.473
202203 6.078 121.301 6.672
202206 6.005 125.017 6.396
202209 6.366 125.227 6.769
202212 6.467 125.222 6.877
202303 6.949 127.348 7.266
202306 6.723 128.729 6.954
202309 6.787 129.860 6.959
202312 7.081 129.419 7.286
202403 4.680 131.776 4.729
202406 4.899 132.554 4.921
202409 4.874 133.029 4.879
202412 4.699 133.157 4.699

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


FutureFuel  (NYSE:FF) 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.

FutureFuel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.12/9.29
=0.44

* 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 FutureFuel was 2.35. The lowest was 0.41. And the median was 1.36.


Be Aware

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


FutureFuel Cyclically Adjusted Book per Share Related Terms

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


FutureFuel Business Description

Industry
Traded in Other Exchanges
Address
8235 Forsyth Boulevard, Suite 900, Saint Louis, MO, USA, 63105
FutureFuel Corp makes and sells diversified chemical products, bio-based fuel products, and specialty chemical products. The company is organized into two segments based on product type: biofuels and chemicals. The biofuel segment sells biodiesel and other petroleum products. Its fuels are made from a mix of diesel, vegetable oils, and grease feedstock. The chemicals segment sells products that are used in the production of agricultural chemicals, which include herbicides, coatings, and cleaning products, such as detergents.
Executives
Donald C. Bedell director 731 N. MAIN STREET, SIKESTON MO 63801
Paul Manheim director 2025 FIRST AVENUE, SUITE 700, SEATTLE WA 98121
Ronald J Kruszewski director 501 NORTH BROADWAY, ST LOUIS MO 63102
Charles W. Lyon officer: Chief Commercial Officer 8235 FORSYTH BOULEVARD, SUITE 400, CLAYTON MO 63105
Egger Terrance C Z director 900 NORTH TUCKER BLVD, ST LOUIS MO 63101
Mckinlay Thomas officer: Chief Operating Officer 8235 FORSYTH, FOURTH FLOOR, ST. LOUIS MO 63105
Rose Sparks officer: PFO and Accounting Officer FUTUREFUEL CHEMICAL COMPANY, 2800 GAP ROAD, BATESVILLE AR 72501
Kyle Gaither officer: Chief Operations Officer 8235 FORSYTH BOULEVARD, SUITE 400, CLAYTON MO 63105
Novelly Paul Anthony Ii 10 percent owner C/O ST. ALBANS GLOBAL MANAGEMENT, 8235 FORSYTH BLVD., SUITE 400, ST. LOUIS MO 63105
Apex Holding Co. 10 percent owner C/O ST. ALBANS GLOBAL MANAGEMENT, 8235 FORSYTH BLVD., SUITE 400, ST. LOUIS MO 63105
Sagm Holdings, Llc 10 percent owner C/O ST. ALBANS GLOBAL MANAGEMENT, 8235 FORSYTH BLVD., SUITE 400, ST. LOUIS MO 63105
Paul M Flynn officer: See remarks 8235 FORSYTH BLVD., SUITE 307, ST. LOUIS MO 63105
Dale E Cole director 1325 HARRISON STREET, BATESVILLE AR 72501
Alain Louvel director C/O FUTURE FUEL, 8235 FORSYTH BLVD., SUITE 400, ST. LOUIS MO 63105
Paul A Novelly director, officer: Exec. Chair. of Board of Dir. 115 S JEFFERSON RD, WHIPPANY NJ 07981