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Fabryki Mebli Forte (WAR:FTE) Cyclically Adjusted Book per Share : zł35.38 (As of Dec. 2023)


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What is Fabryki Mebli Forte 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.

Fabryki Mebli Forte's adjusted book value per share for the three months ended in Dec. 2023 was zł37.282. 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 zł35.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fabryki Mebli Forte's average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Fabryki Mebli Forte was 12.10% per year. The lowest was 12.10% per year. And the median was 12.10% per year.

As of today (2024-06-20), Fabryki Mebli Forte's current stock price is zł21.30. Fabryki Mebli Forte's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł35.38. Fabryki Mebli Forte's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fabryki Mebli Forte was 2.57. The lowest was 0.49. And the median was 1.25.


Fabryki Mebli Forte Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fabryki Mebli Forte'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.

Fabryki Mebli Forte Cyclically Adjusted Book per Share Chart

Fabryki Mebli Forte Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 18.86 21.11 22.77 26.55

Fabryki Mebli Forte Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 30.20 31.38 34.48 34.59 35.38

Competitive Comparison of Fabryki Mebli Forte's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Fabryki Mebli Forte'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.


Fabryki Mebli Forte's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fabryki Mebli Forte's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fabryki Mebli Forte's Cyclically Adjusted PB Ratio falls into.



Fabryki Mebli Forte 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, Fabryki Mebli Forte'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)
=37.282/147.7411*147.7411
=37.282

Current CPI (Dec. 2023) = 147.7411.

Fabryki Mebli Forte Quarterly Data

Book Value per Share CPI Adj_Book
201309 15.210 100.936 22.263
201312 16.037 101.018 23.455
201403 16.995 101.262 24.796
201406 16.279 101.180 23.770
201409 16.928 100.611 24.858
201412 17.582 100.122 25.944
201503 19.205 100.041 28.362
201506 17.369 100.448 25.547
201509 18.863 99.634 27.971
201512 19.865 99.471 29.505
201603 21.424 98.983 31.977
201606 20.320 99.552 30.156
201609 22.560 99.064 33.645
201612 22.736 100.366 33.468
201703 25.899 101.018 37.878
201706 26.059 101.180 38.051
201709 26.003 101.343 37.908
201712 26.895 102.564 38.742
201803 26.477 102.564 38.139
201806 24.976 103.378 35.694
201809 27.624 103.378 39.478
201812 30.614 103.785 43.580
201903 26.072 104.274 36.940
201906 26.767 105.983 37.313
201909 25.869 105.983 36.062
201912 32.643 107.123 45.021
202003 31.008 109.076 42.000
202006 30.883 109.402 41.706
202009 31.771 109.320 42.937
202012 33.164 109.565 44.720
202103 33.985 112.658 44.568
202106 32.263 113.960 41.827
202109 32.852 115.588 41.990
202112 33.104 119.088 41.069
202203 34.992 125.031 41.348
202206 32.967 131.705 36.981
202209 31.211 135.531 34.023
202306 38.776 147.009 38.969
202309 34.938 146.113 35.327
202312 37.282 147.741 37.282

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


Fabryki Mebli Forte  (WAR:FTE) 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.

Fabryki Mebli Forte's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.30/35.38
=0.60

* 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 Fabryki Mebli Forte was 2.57. The lowest was 0.49. And the median was 1.25.


Be Aware

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


Fabryki Mebli Forte Cyclically Adjusted Book per Share Related Terms

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


Fabryki Mebli Forte (WAR:FTE) Business Description

Traded in Other Exchanges
N/A
Address
ul. Biala 1, Ostrow Mazowiecka, POL, 07 - 300
Fabryki Mebli Forte SA is a manufacturer of furniture for self-assembly with a specialization in home, office, and kitchen furniture. Its product offerings include furniture systems for the lounge, dining room, bedroom, living room, sitting room, study, and children's room, as well as wall units, ready-made cabinets that can be put together in different arrangements, as well as customized kitchen projects. It has state-of-the-art manufacturing plants located in Ostrow Mazowiecka, Suwalki, Bialystok, and Hajnowka.

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