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FONU2 (FONU) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is FONU2 Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FONU2 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FONU2'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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FONU2 Cyclically Adjusted PB Ratio Chart

FONU2 Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep13 Sep14 Sep15
Cyclically Adjusted PB Ratio
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FONU2 Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of FONU2's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, FONU2'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.


FONU2's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FONU2's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FONU2's Cyclically Adjusted PB Ratio falls into.



FONU2 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.

FONU2's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, FONU2's adjusted Book Value per Share data for the three months ended in Sep. 2015 was:

Adj_Book=Book Value per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=-0.008/100.3915*100.3915
=-0.008

Current CPI (Sep. 2015) = 100.3915.

FONU2 Quarterly Data

Book Value per Share CPI Adj_Book
200512 101.500 83.032 122.721
200603 94.375 84.298 112.393
200606 97.375 85.606 114.194
200609 83.111 85.606 97.466
200612 78.667 85.142 92.757
200703 -19.444 86.640 -22.530
200706 -19.444 87.906 -22.206
200709 22.900 87.964 26.135
200712 20.098 88.616 22.769
200803 17.745 90.090 19.774
200806 15.196 92.320 16.525
200809 13.131 92.307 14.281
200812 17.815 88.697 20.164
200903 16.770 89.744 18.760
200906 14.374 91.003 15.857
200909 10.648 91.120 11.731
200912 2.784 91.111 3.068
201003 -2.455 91.821 -2.684
201006 1.877 91.962 2.049
201009 12.217 92.162 13.308
201012 16.381 92.474 17.784
201103 12.973 94.283 13.813
201106 10.466 95.235 11.033
201109 5.277 95.727 5.534
201112 3.518 95.213 3.709
201203 35.155 96.783 36.466
201206 33.281 96.819 34.509
201209 0.000 97.633 0.000
201212 -2.450 96.871 -2.539
201303 -6.366 98.209 -6.507
201306 -5.033 98.518 -5.129
201309 -6.789 98.790 -6.899
201312 -0.258 98.326 -0.263
201403 -1.604 99.695 -1.615
201406 -2.527 100.560 -2.523
201409 -0.004 100.428 -0.004
201412 0.844 99.070 0.855
201503 -0.003 99.621 -0.003
201506 -0.007 100.684 -0.007
201509 -0.008 100.392 -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.


FONU2  (OTCPK:FONU) 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.


FONU2 Cyclically Adjusted PB Ratio Related Terms

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FONU2 (FONU) Business Description

Traded in Other Exchanges
N/A
Address
5112 West Taft Road, Suite M, Liverpool, NY, USA, 13088
FONU2 Inc is in the process of restructuring its business and will move in a new direction to focus on any one of the following sectors; hospitality, real estate development, mining and minerals, green technology, retail, warehousing, and logistics.