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Frencken Group (SGX:E28) Cyclically Adjusted Book per Share : S$0.81 (As of Jun. 2024)


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What is Frencken 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.

Frencken Group's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was S$0.940. 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 S$0.81 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Frencken Group was 9.30% per year. The lowest was 0.60% per year. And the median was 5.00% per year.

As of today (2024-12-11), Frencken Group's current stock price is S$ 1.18. Frencken Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was S$0.81. Frencken Group's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Frencken Group was 4.02. The lowest was 0.31. And the median was 1.20.


Frencken Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Frencken 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.

Frencken Group Cyclically Adjusted Book per Share Chart

Frencken Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.62 0.68 0.76 0.81

Frencken Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.76 - 0.81 -

Competitive Comparison of Frencken Group's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Frencken 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.


Frencken Group's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Frencken 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, Frencken Group's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.94/129.4194*129.4194
=0.940

Current CPI (Dec. 2023) = 129.4194.

Frencken Group Annual Data

Book Value per Share CPI Adj_Book
201412 0.512 99.070 0.669
201512 0.503 99.792 0.652
201612 0.523 101.863 0.664
201712 0.594 104.011 0.739
201812 0.628 105.998 0.767
201912 0.696 108.420 0.831
202012 0.783 109.897 0.922
202112 0.881 117.630 0.969
202212 0.918 125.222 0.949
202312 0.940 129.419 0.940

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


Frencken Group  (SGX:E28) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.18/0.81
=1.46

* 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 Frencken Group was 4.02. The lowest was 0.31. And the median was 1.20.


Be Aware

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


Frencken Group Cyclically Adjusted Book per Share Related Terms

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


Frencken Group Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frencken Group Ltd (SGX:E28) » Definitions » Cyclically Adjusted Book per Share
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Address
No. 25 Lebuh Light, Suite 2.1, Level 2, Wisma Great Eastern, George Town, PNG, MYS, 10200
Frencken Group Ltd is a Singapore-based company. The business operates in segments that are Mechatronics, which specializes in the design and manufacture of complex electro-mechanical assemblies, and automation systems for original equipment manufacturers; and Integrated Manufacturing Services, which specializes in the manufacturing of plastic components and printed circuit board assembly for modules and finished products. The Mechatronics segment generates maximum revenue for the company. It has a geographic presence in The Netherlands, the People's Republic of China, Malaysia, and Singapore. It generates the majority of its revenue from The Netherlands.

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