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Frequency Electronics (FRA:98K) Cyclically Adjusted Book per Share : €8.09 (As of Jan. 2025)


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What is Frequency Electronics 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.

Frequency Electronics's adjusted book value per share for the three months ended in Jan. 2025 was €5.176. 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 €8.09 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Frequency Electronics's average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.40% 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 Frequency Electronics was 2.70% per year. The lowest was -2.60% per year. And the median was 1.00% per year.

As of today (2025-05-23), Frequency Electronics's current stock price is €16.40. Frequency Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was €8.09. Frequency Electronics's Cyclically Adjusted PB Ratio of today is 2.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Frequency Electronics was 2.28. The lowest was 0.49. And the median was 1.01.


Frequency Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Frequency Electronics'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.

Frequency Electronics Cyclically Adjusted Book per Share Chart

Frequency Electronics Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.89 9.37 9.33 8.57

Frequency Electronics Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 8.34 8.57 8.12 7.91 8.09

Competitive Comparison of Frequency Electronics's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Frequency Electronics'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.


Frequency Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Frequency Electronics 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, Frequency Electronics's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=5.176/134.0288*134.0288
=5.176

Current CPI (Jan. 2025) = 134.0288.

Frequency Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201504 9.752 99.824 13.094
201507 9.751 100.691 12.979
201510 9.573 100.346 12.786
201601 9.823 99.957 13.171
201604 9.396 100.947 12.475
201607 9.563 101.524 12.625
201610 9.576 101.988 12.584
201701 9.946 102.456 13.011
201704 9.453 103.167 12.281
201707 8.825 103.278 11.453
201710 8.553 104.070 11.015
201801 7.285 104.578 9.337
201804 5.815 105.708 7.373
201807 6.166 106.324 7.773
201810 6.272 106.695 7.879
201901 6.318 106.200 7.974
201904 6.253 107.818 7.773
201907 6.205 108.250 7.683
201910 5.778 108.577 7.132
202001 5.621 108.841 6.922
202004 5.471 108.173 6.779
202007 5.161 109.318 6.328
202010 5.064 109.861 6.178
202101 4.819 110.364 5.852
202104 5.021 112.673 5.973
202107 4.951 115.183 5.761
202110 5.084 116.696 5.839
202201 5.127 118.619 5.793
202204 4.650 121.978 5.109
202207 4.610 125.002 4.943
202210 4.452 125.734 4.746
202301 3.212 126.223 3.411
202304 3.199 127.992 3.350
202307 3.386 128.974 3.519
202310 3.651 129.810 3.770
202401 3.549 130.124 3.655
202404 3.902 132.289 3.953
202407 3.201 132.708 3.233
202410 3.459 133.182 3.481
202501 5.176 134.029 5.176

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


Frequency Electronics  (FRA:98K) 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.

Frequency Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.40/8.09
=2.03

* 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 Frequency Electronics was 2.28. The lowest was 0.49. And the median was 1.01.


Be Aware

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


Frequency Electronics Cyclically Adjusted Book per Share Related Terms

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


Frequency Electronics Business Description

Industry
Traded in Other Exchanges
Address
55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553
Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.

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