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Fatfish Group (Fatfish Group) Cyclically Adjusted PB Ratio : 0.46 (As of May. 02, 2024)


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What is Fatfish Group Cyclically Adjusted PB Ratio?

As of today (2024-05-02), Fatfish Group's current share price is $0.0046. Fatfish Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $0.01. Fatfish Group's Cyclically Adjusted PB Ratio for today is 0.46.

The historical rank and industry rank for Fatfish Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

FFTTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.53   Max: 3
Current: 0.41

During the past 13 years, Fatfish Group's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 0.20. And the median was 0.53.

FFTTF's Cyclically Adjusted PB Ratio is ranked better than
80.69% of 466 companies
in the Capital Markets industry
Industry Median: 1.145 vs FFTTF: 0.41

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.

Fatfish Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was $-0.008. 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 $0.01 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fatfish Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fatfish Group'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.

* Premium members only.

Fatfish Group Cyclically Adjusted PB Ratio Chart

Fatfish Group Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.79 1.09 0.42 0.41

Fatfish Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 1.09 - 0.42 - 0.41

Competitive Comparison of Fatfish Group's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Fatfish Group'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.


Fatfish Group's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Fatfish Group 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.

Fatfish Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0046/0.01
=0.46

* 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.

Fatfish Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Fatfish Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.008/125.6559*125.6559
=-0.008

Current CPI (Dec23) = 125.6559.

Fatfish Group Annual Data

Book Value per Share CPI Adj_Book
201406 0.000 98.352 0.000
201512 0.026 100.673 0.032
201612 0.100 102.159 0.123
201712 0.076 104.110 0.092
201812 0.035 105.967 0.042
201912 0.008 107.917 0.009
202012 0.015 108.846 0.017
202112 0.013 112.654 0.015
202212 -0.009 121.477 -0.009
202312 -0.008 125.656 -0.008

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.


Fatfish Group  (OTCPK:FFTTF) 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.


Fatfish Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Fatfish Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fatfish Group (Fatfish Group) Business Description

Traded in Other Exchanges
Address
91 William Street, Level 4, Melbourne, VIC, AUS, 3000
Fatfish Group Ltd is a global tech venture investment and development company. The company has regrouped operating segments in Incubator services, Digital currency mining, BNPL and Insurtech services Geographically the company caters its services in Australia, Singapore and British Virgin Island which drives the majority of revenue for the company.

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