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Favo Capital (Favo Capital) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Favo Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Favo Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Favo Capital's Cyclically Adjusted PB Ratio 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.

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Favo Capital Cyclically Adjusted PB Ratio Chart

Favo Capital Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Favo Capital Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Sep22 Sep23
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Competitive Comparison of Favo Capital's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Favo Capital'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.


Favo Capital's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Favo Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Favo Capital Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Favo Capital's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Favo Capital's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.2/129.8595*129.8595
=-0.200

Current CPI (Sep. 2023) = 129.8595.

Favo Capital Quarterly Data

Book Value per Share CPI Adj_Book
200412 0.382 80.290 0.618
200503 0.282 81.555 0.449
200506 0.239 82.062 0.378
200509 0.188 83.876 0.291
200512 0.111 83.032 0.174
200603 0.060 84.298 0.092
200606 0.009 85.606 0.014
200609 -0.487 85.606 -0.739
200612 -0.641 85.142 -0.978
200703 -0.923 86.640 -1.383
200706 -1.128 87.906 -1.666
200709 -1.838 87.964 -2.713
200712 -2.026 88.616 -2.969
200803 -2.206 90.090 -3.180
200806 -3.502 92.320 -4.926
200809 -2.965 92.307 -4.171
200812 -1.800 88.697 -2.635
200903 -2.005 89.744 -2.901
200906 -1.543 91.003 -2.202
200909 -0.634 91.120 -0.904
200912 0.103 91.111 0.147
201003 -1.834 91.821 -2.594
201006 -1.957 91.962 -2.763
201009 -2.569 92.162 -3.620
201012 -0.723 92.474 -1.015
201103 -0.443 94.283 -0.610
201106 1.135 95.235 1.548
201109 0.500 95.727 0.678
201112 0.199 95.213 0.271
201203 0.267 96.783 0.358
201206 0.114 96.819 0.153
201209 0.107 97.633 0.142
201212 -0.101 96.871 -0.135
201303 -0.156 98.209 -0.206
201306 -0.002 98.518 -0.003
201309 -0.019 98.790 -0.025
201312 -0.051 98.326 -0.067
201403 -0.073 99.695 -0.095
202209 0.000 125.227 0.000
202309 -0.200 129.860 -0.200

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


Favo Capital  (OTCPK:FAVO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Favo Capital Cyclically Adjusted PB Ratio Related Terms

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Favo Capital (Favo Capital) Business Description

Traded in Other Exchanges
N/A
Address
1025 Old Country Road, Suite 421, Westbury, NY, USA, 11590
Favo Capital Inc is a direct funding company, which provides customized, short-term funding to small and mid-sized businesses nationwide. The company is also engaged in the real estate holdings division.

Favo Capital (Favo Capital) Headlines

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