Full House Resorts (FRA:F4L) Cyclically Adjusted Book per Share: €2.12 (As of Jun. 2026)

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FRA:F4L Full House Resorts Inc FRA:F4L
69 GF Score
Price €1.76
GF Value €4.02
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Full House Resorts Cyclically Adjusted Book per Share?

Full House Resorts FRA:F4L -9.74% 69 Cyclically Adjusted Book per Share is €2.12 as of Jun. 2026. GuruFocus rates FRA:F4L with a GF Score™ of 69/100 and a GF Value™ of €4.02 (Possible Value Trap). The stock has 8 warning signs investors should review.

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.

Full House Resorts's adjusted book value per share for the three months ended in Jun. 2026 was €-0.316. 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 €2.12 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Full House Resorts's average Cyclically Adjusted Book Growth Rate was -10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.20% 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 Full House Resorts was 17.50% per year. The lowest was -6.90% per year. And the median was 4.40% per year.

As of today (2026-08-19), Full House Resorts's current stock price is €1.76. Full House Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.12. Full House Resorts's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Full House Resorts was 3.67. The lowest was 0.24. And the median was 1.12.


Full House Resorts  (FRA:F4L) 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.

Full House Resorts's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.76/2.12
=0.83

* 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 Full House Resorts was 3.67. The lowest was 0.24. And the median was 1.12.


Be Aware

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


Full House Resorts Cyclically Adjusted Book per Share Related Terms


Full House Resorts Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Full House Resorts'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.

Full House Resorts Cyclically Adjusted Book per Share Chart

Full House Resorts Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 3.07 2.91 2.63 2.18

Full House Resorts Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.38 2.30 2.18 2.12 2.12

FRA:F4L vs CPHC, CNTY, TBTC: Cyclically Adjusted Book per Share Comparison

For the Resorts & Casinos subindustry, Full House Resorts'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.


Full House Resorts Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Full House Resorts's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:F4L
69GF Score
Full House Resorts Inc FRA:F4L
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Full House Resorts 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, Full House Resorts's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.316/333.9520*333.9520
=-0.316

Current CPI (Jun. 2026) = 333.9520.

Full House Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.541 241.428 3.515
201612 2.342 241.432 3.239
201703 2.289 243.801 3.135
201706 2.124 244.955 2.896
201709 2.036 246.819 2.755
201712 1.917 246.524 2.597
201803 1.791 249.554 2.397
201806 1.873 251.989 2.482
201809 1.929 252.439 2.552
201812 2.002 251.233 2.661
201903 1.912 254.202 2.512
201906 1.881 256.143 2.452
201909 2.018 256.759 2.625
201912 1.865 256.974 2.424
202003 1.732 258.115 2.241
202006 1.482 257.797 1.920
202009 1.662 260.280 2.132
202012 1.718 260.474 2.203
202103 2.377 264.877 2.997
202106 2.483 271.696 3.052
202109 2.665 274.310 3.244
202112 2.913 278.802 3.489
202203 2.995 287.504 3.479
202206 3.011 296.311 3.393
202209 3.125 296.808 3.516
202212 2.738 296.797 3.081
202303 2.419 301.836 2.676
202306 2.251 305.109 2.464
202309 2.427 307.789 2.633
202312 2.064 306.746 2.247
202403 1.790 312.332 1.914
202406 1.587 314.175 1.687
202409 1.317 315.301 1.395
202412 1.085 315.605 1.148
202503 0.797 319.799 0.832
202506 0.509 322.561 0.527
202509 0.335 324.800 0.344
202512 0.060 324.054 0.062
202603 -0.128 330.213 -0.129
202606 -0.316 333.952 -0.316

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

What does a Cyclically Adjusted Book per Share of €2.12 mean?
Full House Resorts (FRA:F4L) has a Cyclically Adjusted Book per Share of €2.12 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Full House Resorts and its competitors.
Is Full House Resorts' Cyclically Adjusted Book per Share too high?
Full House Resorts' current Cyclically Adjusted Book per Share is €2.12. Overall, Full House Resorts has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Full House Resorts' Cyclically Adjusted Book per Share compare to CPHC and CNTY?
Full House Resorts' Cyclically Adjusted Book per Share of €2.12 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Full House Resorts and its competitors. Full House Resorts's current Cyclically Adjusted Book per Share is €2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full House Resorts stock overvalued right now?
Based on GuruFocus' analysis, Full House Resorts (FRA:F4L) is currently considered Possible Value Trap. The stock's GF Value™ is €4.02, compared to a current price of €1.76 — trading 56.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is €2.12. Full House Resorts' overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Full House Resorts (FRA:F4L), the current Cyclically Adjusted Book per Share is €2.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Full House Resorts (FRA:F4L) Overvalued in 2026?

Based on GuruFocus' analysis, Full House Resorts stock appears to be undervalued. The current stock price of €1.76 is trading 56.2% below its estimated GF Value™ of €4.02. GuruFocus considers Full House Resorts to be Possible Value Trap.

Key valuation signals for FRA:F4L:

  • Cyclically Adjusted Book per Share: €2.12
  • GF Value™: €4.02 vs. price of €1.76 (56.2% below fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the FRA:F4L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Full House Resorts Business Description

Other Exchanges FLL:USA
Address 1980 Festival Plaza Drive, Suite 680, One Summerlin, Las Vegas, NV, USA, 89135
Full House Resorts Inc owns, operates, develops, manages, and invests in casinos and related hospitality and entertainment facilities. It offers facilities related to gaming, hotel, dining, entertainment, retail, and other amenities. The group's reportable segments are Midwest & South, West, and Contracted Sports Wagering, It generates the majority of its revenue from the Midwest & South segment which includes Silver Slipper Casino and Hotel, Rising Star Casino Resort, and American Place. The west segment includes Grand Lodge, Stockman's Casino, Bronco Billy's Casino and Hotel, and Chamonix Casino Hotel. The Contracted Sports Wagering segment comprises on-site and online sports wagering skins. Geographically, it operates in United States.
69GF Score

Get the complete analysis for FRA:F4L

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.76
Price
€4.02
GF Value