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Fon SE (WAR:FON) Cyclically Adjusted Book per Share : zł44.54 (As of Sep. 2024)


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What is Fon SE 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.

Fon SE's adjusted book value per share for the three months ended in Sep. 2024 was zł10.149. 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 zł44.54 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Fon SE's average Cyclically Adjusted Book Growth Rate was -22.70% 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.

As of today (2024-12-15), Fon SE's current stock price is zł6.22. Fon SE's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was zł44.54. Fon SE's Cyclically Adjusted PB Ratio of today is 0.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fon SE was 4.11. The lowest was 0.04. And the median was 0.08.


Fon SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fon SE'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.

Fon SE Cyclically Adjusted Book per Share Chart

Fon SE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 65.14 59.71 49.17

Fon SE Quarterly Data
Mar19 Jun19 Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 57.62 51.56 50.92 49.17 44.54

Competitive Comparison of Fon SE's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Fon SE'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.


Fon SE's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fon SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fon SE 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, Fon SE's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.149/133.0289*133.0289
=10.149

Current CPI (Sep. 2024) = 133.0289.

Fon SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 151.120 99.695 201.649
201406 108.343 100.560 143.326
201409 79.055 100.428 104.718
201412 126.764 99.070 170.216
201503 116.302 99.621 155.304
201506 117.506 100.684 155.255
201509 61.140 100.392 81.017
201512 42.321 99.792 56.416
201603 40.841 100.470 54.076
201606 38.132 101.688 49.884
201609 37.036 101.861 48.368
201612 33.035 101.863 43.142
201703 33.575 102.862 43.422
201706 34.624 103.349 44.567
201709 35.025 104.136 44.743
201712 26.236 104.011 33.556
201803 26.922 105.290 34.015
201806 24.105 106.317 30.161
201809 19.645 106.507 24.537
201812 15.113 105.998 18.967
201903 16.791 107.251 20.827
201906 15.559 108.070 19.152
201909 14.804 108.329 18.179
202009 9.926 109.815 12.024
202012 10.801 109.897 13.074
202103 9.936 111.754 11.827
202106 10.349 114.631 12.010
202109 10.050 115.734 11.552
202112 9.738 117.630 11.013
202203 9.585 121.301 10.512
202206 9.246 125.017 9.839
202209 8.516 125.227 9.047
202212 9.574 125.222 10.171
202303 9.859 127.348 10.299
202306 10.668 128.729 11.024
202309 10.250 129.860 10.500
202312 11.331 129.419 11.647
202403 11.537 131.776 11.647
202406 9.482 132.554 9.516
202409 10.149 133.029 10.149

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


Fon SE  (WAR:FON) 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.

Fon SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.22/44.54
=0.14

* 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 Fon SE was 4.11. The lowest was 0.04. And the median was 0.08.


Be Aware

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


Fon SE Cyclically Adjusted Book per Share Related Terms

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


Fon SE Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tornimae Str 5, Harju County, Kesklinna Linnaosa, Tallinn, EST, 10145
Fon SE is engaged in financial activities and capital investments. The company offers medium-term cash loans to retail clients and small businesses. Geographically, it derives a majority of its revenue from Estonia.

Fon SE Headlines

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