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Fab-Form Industries (TSXV:FBF) Cyclically Adjusted Book per Share : C$0.19 (As of Dec. 2023)


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What is Fab-Form Industries 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.

Fab-Form Industries's adjusted book value per share for the three months ended in Dec. 2023 was C$0.550. 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 C$0.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fab-Form Industries's average Cyclically Adjusted Book Growth Rate was 35.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 40.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 63.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 27.00% 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 Fab-Form Industries was 91.30% per year. The lowest was -37.00% per year. And the median was 40.90% per year.

As of today (2024-06-06), Fab-Form Industries's current stock price is C$1.83. Fab-Form Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.19. Fab-Form Industries's Cyclically Adjusted PB Ratio of today is 9.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fab-Form Industries was 99.00. The lowest was 1.00. And the median was 9.00.


Fab-Form Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fab-Form Industries'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.

Fab-Form Industries Cyclically Adjusted Book per Share Chart

Fab-Form Industries Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.07 0.10 0.14

Fab-Form Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.14 0.15 - 0.18 0.19

Competitive Comparison of Fab-Form Industries's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Fab-Form Industries'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.


Fab-Form Industries's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's Cyclically Adjusted PB Ratio falls into.



Fab-Form Industries 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, Fab-Form Industries's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.55/125.0724*125.0724
=0.550

Current CPI (Dec. 2023) = 125.0724.

Fab-Form Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 98.604 0.000
201406 0.004 99.473 0.005
201409 0.008 99.394 0.010
201412 0.006 98.367 0.008
201503 0.008 99.789 0.010
201506 0.013 100.500 0.016
201509 0.021 100.421 0.026
201512 0.018 99.947 0.023
201603 0.023 101.054 0.028
201606 0.031 102.002 0.038
201609 0.041 101.765 0.050
201612 0.044 101.449 0.054
201703 0.049 102.634 0.060
201706 0.062 103.029 0.075
201709 0.078 103.345 0.094
201712 0.071 103.345 0.086
201803 0.110 105.004 0.131
201806 0.125 105.557 0.148
201809 0.138 105.636 0.163
201812 0.141 105.399 0.167
201903 0.142 106.979 0.166
201906 0.155 107.690 0.180
201909 0.170 107.611 0.198
201912 0.180 107.769 0.209
202003 0.184 107.927 0.213
202006 0.195 108.401 0.225
202009 0.208 108.164 0.241
202012 0.205 108.559 0.236
202103 0.215 110.298 0.244
202106 0.242 111.720 0.271
202109 0.281 112.905 0.311
202112 0.299 113.774 0.329
202203 0.324 117.646 0.344
202206 0.371 120.806 0.384
202209 0.423 120.648 0.439
202212 0.447 120.964 0.462
202303 0.459 122.702 0.468
202306 0.000 124.203 0.000
202309 0.538 125.230 0.537
202312 0.550 125.072 0.550

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


Fab-Form Industries  (TSXV:FBF) 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.

Fab-Form Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.83/0.19
=9.63

* 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 Fab-Form Industries was 99.00. The lowest was 1.00. And the median was 9.00.


Be Aware

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


Fab-Form Industries Cyclically Adjusted Book per Share Related Terms

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


Fab-Form Industries (TSXV:FBF) Business Description

Traded in Other Exchanges
Address
1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1
Fab-Form Industries Ltd is a Canadian based company that develops, manufactures and distributes proprietary technology to form concrete footings, columns, foundations and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.
Executives
Nigel Peter Protter Director

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