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Fearless Films (Fearless Films) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Fearless Films Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fearless Films Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fearless Films'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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Fearless Films Cyclically Adjusted PB Ratio Chart

Fearless Films Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Fearless Films Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Fearless Films's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Fearless Films'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.


Fearless Films's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fearless Films's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fearless Films 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.

Fearless Films's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Fearless Films's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=-0.027/117.6455*117.6455
=-0.027

Current CPI (Mar. 2022) = 117.6455.

Fearless Films Quarterly Data

Book Value per Share CPI Adj_Book
201203 0.000 96.155 0.000
201206 0.000 96.076 0.000
201209 0.000 96.392 0.000
201212 -5.733 95.760 -7.043
201303 -7.063 97.103 -8.557
201306 -9.688 97.182 -11.728
201309 -12.625 97.419 -15.246
201312 -0.016 96.945 -0.019
201403 0.000 98.604 0.000
201406 -21.500 99.473 -25.428
201409 -28.802 99.394 -34.091
201412 -31.894 98.367 -38.145
201503 -34.858 99.789 -41.095
201506 -37.822 100.500 -44.274
201512 -103.625 99.947 -121.974
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 -102.061 101.449 -118.356
201703 -71.024 102.634 -81.412
201706 -77.205 103.029 -88.158
201709 -81.906 103.345 -93.240
201712 -82.550 103.345 -93.973
201803 -84.095 105.004 -94.219
201806 -84.868 105.557 -94.587
201809 -0.004 105.636 -0.004
201812 -0.006 105.399 -0.007
201903 -0.007 106.979 -0.008
201906 -0.010 107.690 -0.011
201909 -0.012 107.611 -0.013
201912 -0.026 107.769 -0.028
202003 -0.038 107.927 -0.041
202006 -0.052 108.401 -0.056
202009 -0.021 108.164 -0.023
202012 -0.020 108.559 -0.022
202103 -0.012 110.298 -0.013
202106 0.001 111.720 0.001
202109 -0.008 112.905 -0.008
202112 -0.019 113.774 -0.020
202203 -0.027 117.646 -0.027

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.


Fearless Films  (OTCPK:FERL) 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.


Fearless Films Cyclically Adjusted PB Ratio Related Terms

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Fearless Films (Fearless Films) Business Description

Traded in Other Exchanges
N/A
Address
467 Edgeley Boulevard, Unit 2, Concord, ON, CAN, L4K 4E9
Fearless Films Inc is a provider of professional services for all forms of short film and full-length feature film production. The company handles everything from directing and creative directing all the way through post-production and fulfillment. Its services include Video and film production, Animation and special effects, Talent acquisition, Editing, and Distribution. Its primary markets are Media & Entertainment companies (short films, feature films, TV drama, broadcast programs), Animation and Multimedia companies. It provides directing, creative, video capture, video editing and full range of postproduction services to these target markets.