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Franchise Services of North America (Franchise Services of North America) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Franchise Services of North America Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franchise Services of North America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Franchise Services of North America'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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Franchise Services of North America Cyclically Adjusted PB Ratio Chart

Franchise Services of North America Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Cyclically Adjusted PB Ratio
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Franchise Services of North America Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Franchise Services of North America's Cyclically Adjusted PB Ratio

For the Rental & Leasing Services subindustry, Franchise Services of North America'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.


Franchise Services of North America's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Franchise Services of North America's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Franchise Services of North America's Cyclically Adjusted PB Ratio falls into.



Franchise Services of North America 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.

Franchise Services of North America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Franchise Services of North America's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book=Book Value per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=-0.316/102.8622*102.8622
=-0.316

Current CPI (Mar. 2017) = 102.8622.

Franchise Services of North America Quarterly Data

Book Value per Share CPI Adj_Book
200706 0.214 87.906 0.250
200709 0.237 87.964 0.277
200712 0.242 88.616 0.281
200803 0.234 90.090 0.267
200806 0.241 92.320 0.269
200809 0.235 92.307 0.262
200812 0.238 88.697 0.276
200903 0.235 89.744 0.269
200906 0.233 91.003 0.263
200909 0.126 91.120 0.142
200912 0.116 91.111 0.131
201003 0.113 91.821 0.127
201006 0.110 91.962 0.123
201009 0.103 92.162 0.115
201012 0.113 92.474 0.126
201103 0.113 94.283 0.123
201106 0.113 95.235 0.122
201109 0.099 95.727 0.106
201112 0.115 95.213 0.124
201203 0.114 96.783 0.121
201206 0.108 96.819 0.115
201209 0.070 97.633 0.074
201212 0.051 96.871 0.054
201303 0.036 98.209 0.038
201306 -0.060 98.518 -0.063
201309 -0.712 98.790 -0.741
201312 -0.274 98.326 -0.287
201403 -0.276 99.695 -0.285
201406 -0.275 100.560 -0.281
201409 -0.241 100.428 -0.247
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 -0.241 100.684 -0.246
201509 -0.244 100.392 -0.250
201512 -0.241 99.792 -0.248
201603 -0.246 100.470 -0.252
201606 -0.248 101.688 -0.251
201609 -0.317 101.861 -0.320
201612 -0.316 101.863 -0.319
201703 -0.316 102.862 -0.316

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.


Franchise Services of North America  (OTCPK:FCHAF) 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.


Franchise Services of North America Cyclically Adjusted PB Ratio Related Terms

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Franchise Services of North America (Franchise Services of North America) Business Description

Traded in Other Exchanges
N/A
Address
1052 Highland Colony Parkway, Suite 204, Ridgeland, MS, USA, 39157
Franchise Services of North America Inc is a car rental franchisor in North America. The firm operates in the car, van and light truck rental space, alongside a range of insurance products, both business and personal, to its franchisees, the automobile industry, and consumers. It operates through its subsidiary, U-Save Auto Rental of America Inc. (U-Save). Its segments include Franchise, Insurance and Other. The Franchise segment is engaged in franchising to operate U-Save Auto Rental businesses in the United States. The Insurance segment which generates majority revenue is engaged in providing franchisees and independent auto rental operators with financial services related to insurance products in the United States.

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