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FlexShopper (FRA:9FL) Cyclically Adjusted Book per Share : €-0.45 (As of Dec. 2024)


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What is FlexShopper 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.

FlexShopper's adjusted book value per share for the three months ended in Dec. 2024 was €0.417. 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 €-0.45 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -47.00% 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 FlexShopper was -28.60% per year. The lowest was -113.60% per year. And the median was -40.25% per year.

As of today (2025-05-25), FlexShopper's current stock price is €1.14. FlexShopper's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €-0.45. FlexShopper's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FlexShopper was 234.58. The lowest was 18.11. And the median was 44.20.


FlexShopper Cyclically Adjusted Book per Share Historical Data

The historical data trend for FlexShopper'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.

FlexShopper Cyclically Adjusted Book per Share Chart

FlexShopper 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 -0.03 -0.15 -0.27 -0.38 -0.45

FlexShopper 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 -0.38 -0.37 -0.43 -0.47 -0.45

Competitive Comparison of FlexShopper's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, FlexShopper'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.


FlexShopper's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FlexShopper's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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FlexShopper 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, FlexShopper'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)
=0.417/133.1571*133.1571
=0.417

Current CPI (Dec. 2024) = 133.1571.

FlexShopper Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.897 99.621 2.536
201506 1.552 100.684 2.053
201509 1.224 100.392 1.623
201512 0.722 99.792 0.963
201603 0.302 100.470 0.400
201606 -0.469 101.688 -0.614
201609 -0.788 101.861 -1.030
201612 -1.403 101.863 -1.834
201703 -1.549 102.862 -2.005
201706 -1.706 103.349 -2.198
201709 -1.853 104.136 -2.369
201712 -2.432 104.011 -3.113
201803 -2.644 105.290 -3.344
201806 -2.905 106.317 -3.638
201809 -0.535 106.507 -0.669
201812 -0.664 105.998 -0.834
201903 -0.624 107.251 -0.775
201906 -0.623 108.070 -0.768
201909 -0.567 108.329 -0.697
201912 -0.589 108.420 -0.723
202003 -0.478 108.902 -0.584
202006 -0.458 108.767 -0.561
202009 -0.416 109.815 -0.504
202012 -0.406 109.897 -0.492
202103 -0.393 111.754 -0.468
202106 -0.339 114.631 -0.394
202109 -0.272 115.734 -0.313
202112 -0.249 117.630 -0.282
202203 -0.327 121.301 -0.359
202206 0.240 125.017 0.256
202209 0.012 125.227 0.013
202212 0.324 125.222 0.345
202303 0.328 127.348 0.343
202306 0.172 128.729 0.178
202309 0.227 129.860 0.233
202312 0.247 129.419 0.254
202403 0.248 131.776 0.251
202406 0.182 132.554 0.183
202409 0.266 133.029 0.266
202412 0.417 133.157 0.417

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


FlexShopper  (FRA:9FL) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FlexShopper was 234.58. The lowest was 18.11. And the median was 44.20.


Be Aware

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


FlexShopper Cyclically Adjusted Book per Share Related Terms

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


FlexShopper Business Description

Industry
Traded in Other Exchanges
Address
901 Yamato Road, Suite 260, Boca Raton, FL, USA, 33431
FlexShopper Inc is a financial technology company engaged in providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. Its products include electronics, computers, furniture, mattresses, cameras and camcorders, audio, musical instruments, health, fitness and sports, video games, homes, gardens and tools, appliances, and vacuums on a payment, lease basis. The firm generates a majority of its revenue by leasing its products. The company enables consumers utilizing its e-commerce marketplace to shop for brand-name electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis.

FlexShopper Headlines

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