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FTI Consulting (FRA:FCQ) Cyclically Adjusted Book per Share : €44.70 (As of Mar. 2025)


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What is FTI Consulting 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.

FTI Consulting's adjusted book value per share for the three months ended in Mar. 2025 was €57.048. 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 €44.70 for the trailing ten years ended in Mar. 2025.

During the past 12 months, FTI Consulting's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 FTI Consulting was 22.30% per year. The lowest was 5.10% per year. And the median was 9.05% per year.

As of today (2025-05-29), FTI Consulting's current stock price is €143.00. FTI Consulting's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €44.70. FTI Consulting's Cyclically Adjusted PB Ratio of today is 3.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FTI Consulting was 5.19. The lowest was 1.17. And the median was 3.50.


FTI Consulting Cyclically Adjusted Book per Share Historical Data

The historical data trend for FTI Consulting'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.

FTI Consulting Cyclically Adjusted Book per Share Chart

FTI Consulting 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 26.03 32.94 36.78 38.41 44.75

FTI Consulting Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 41.34 42.18 40.27 44.75 44.70

Competitive Comparison of FTI Consulting's Cyclically Adjusted Book per Share

For the Consulting Services subindustry, FTI Consulting'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.


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

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

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


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FTI Consulting 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, FTI Consulting's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=57.048/134.9266*134.9266
=57.048

Current CPI (Mar. 2025) = 134.9266.

FTI Consulting Quarterly Data

Book Value per Share CPI Adj_Book
201506 24.799 100.684 33.233
201509 24.726 100.392 33.232
201512 25.549 99.792 34.544
201603 25.631 100.470 34.421
201606 25.447 101.688 33.765
201609 25.901 101.861 34.309
201612 27.228 101.863 36.066
201703 27.075 102.862 35.515
201706 25.650 103.349 33.487
201709 25.009 104.136 32.404
201712 26.696 104.011 34.631
201803 26.605 105.290 34.094
201806 28.604 106.317 36.301
201809 30.196 106.507 38.253
201812 31.080 105.998 39.562
201903 32.629 107.251 41.049
201906 33.389 108.070 41.687
201909 35.260 108.329 43.917
201912 35.845 108.420 44.608
202003 35.817 108.902 44.376
202006 35.779 108.767 44.384
202009 34.747 109.815 42.693
202012 33.379 109.897 40.981
202103 34.759 111.754 41.966
202106 36.055 114.631 42.438
202109 38.275 115.734 44.622
202112 40.813 117.630 46.814
202203 42.726 121.301 47.525
202206 44.660 125.017 48.200
202209 48.255 125.227 51.993
202212 46.657 125.222 50.273
202303 47.297 127.348 50.112
202306 48.684 128.729 51.028
202309 49.198 129.860 51.118
202312 51.152 129.419 53.329
202403 52.946 131.776 54.212
202406 55.617 132.554 56.613
202409 56.447 133.029 57.252
202412 60.053 133.157 60.851
202503 57.048 134.927 57.048

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


FTI Consulting  (FRA:FCQ) 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.

FTI Consulting's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=143.00/44.70
=3.20

* 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 FTI Consulting was 5.19. The lowest was 1.17. And the median was 3.50.


Be Aware

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


FTI Consulting Cyclically Adjusted Book per Share Related Terms

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


FTI Consulting Business Description

Industry
Traded in Other Exchanges
Address
555 12th Street NW, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance, forensic and litigation consulting, economic consulting, technology, and strategic communications. The company generates the majority of its revenue from the Corporate finance segment. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.

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