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Firan Technology Group (FRA:22F) Cyclically Adjusted Book per Share : €1.39 (As of Feb. 2025)


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What is Firan Technology Group 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.

Firan Technology Group's adjusted book value per share for the three months ended in Feb. 2025 was €2.258. 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 €1.39 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Firan Technology Group's average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.70% 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 Firan Technology Group was 14.70% per year. The lowest was -10.70% per year. And the median was 2.70% per year.

As of today (2025-05-25), Firan Technology Group's current stock price is €6.00. Firan Technology Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was €1.39. Firan Technology Group's Cyclically Adjusted PB Ratio of today is 4.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Firan Technology Group was 5.58. The lowest was 1.10. And the median was 2.60.


Firan Technology Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Firan Technology Group'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.

Firan Technology Group Cyclically Adjusted Book per Share Chart

Firan Technology Group Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.98 1.19 1.15 1.45

Firan Technology Group Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1.21 1.35 1.35 1.45 1.39

Competitive Comparison of Firan Technology Group's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Firan Technology Group'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.


Firan Technology Group's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Firan Technology Group 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, Firan Technology Group's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=2.258/128.7859*128.7859
=2.258

Current CPI (Feb. 2025) = 128.7859.

Firan Technology Group Quarterly Data

Book Value per Share CPI Adj_Book
201505 0.576 100.263 0.740
201508 0.582 100.579 0.745
201511 0.862 100.421 1.105
201602 0.832 100.421 1.067
201605 0.938 101.765 1.187
201608 1.082 101.686 1.370
201611 1.095 101.607 1.388
201702 1.147 102.476 1.441
201705 1.072 103.108 1.339
201708 1.082 103.108 1.351
201711 1.079 103.740 1.340
201802 1.034 104.688 1.272
201805 1.091 105.399 1.333
201808 1.110 106.031 1.348
201811 1.141 105.478 1.393
201902 1.177 106.268 1.426
201905 1.229 107.927 1.467
201908 1.304 108.085 1.554
201911 1.338 107.769 1.599
202002 1.271 108.559 1.508
202005 1.261 107.532 1.510
202008 1.304 108.243 1.551
202011 1.328 108.796 1.572
202102 1.338 109.745 1.570
202105 1.423 111.404 1.645
202108 1.405 112.668 1.606
202111 1.427 113.932 1.613
202202 1.409 115.986 1.564
202205 1.491 120.016 1.600
202208 1.527 120.569 1.631
202211 1.472 121.675 1.558
202302 1.513 122.070 1.596
202305 1.541 124.045 1.600
202308 1.568 125.389 1.610
202311 1.681 125.468 1.725
202402 1.739 125.468 1.785
202405 1.822 127.601 1.839
202408 1.867 127.838 1.881
202411 2.037 127.838 2.052
202502 2.258 128.786 2.258

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


Firan Technology Group  (FRA:22F) 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.

Firan Technology Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.00/1.39
=4.32

* 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 Firan Technology Group was 5.58. The lowest was 1.10. And the median was 2.60.


Be Aware

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


Firan Technology Group Cyclically Adjusted Book per Share Related Terms

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


Firan Technology Group Business Description

Traded in Other Exchanges
Address
250 Finchdene Square, Toronto, ON, CAN, M1X 1A5
Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe. The majority of revenue is derived from the FTG Circuits segment.

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