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Flanigan'S Enterprises (FRA:0DY) Cyclically Adjusted PB Ratio : 0.97 (As of Jun. 21, 2024)


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What is Flanigan'S Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Flanigan'S Enterprises's current share price is €23.40. Flanigan'S Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.13. Flanigan'S Enterprises's Cyclically Adjusted PB Ratio for today is 0.97.

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

FRA:0DY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.75   Max: 4.31
Current: 1.07

During the past years, Flanigan'S Enterprises's highest Cyclically Adjusted PB Ratio was 4.31. The lowest was 0.61. And the median was 1.75.

FRA:0DY's Cyclically Adjusted PB Ratio is ranked better than
70.26% of 232 companies
in the Restaurants industry
Industry Median: 2.08 vs FRA:0DY: 1.07

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.

Flanigan'S Enterprises's adjusted book value per share data for the three months ended in Mar. 2024 was €30.224. 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 €24.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flanigan'S Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Flanigan'S Enterprises'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.

Flanigan'S Enterprises Cyclically Adjusted PB Ratio Chart

Flanigan'S Enterprises Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.14 1.49 1.21 1.39

Flanigan'S Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.26 1.33 1.39 1.07 1.03

Competitive Comparison of Flanigan'S Enterprises's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Flanigan'S Enterprises'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.


Flanigan'S Enterprises's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Flanigan'S Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Flanigan'S Enterprises 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.

Flanigan'S Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.40/24.13
=0.97

* 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.

Flanigan'S Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Flanigan'S Enterprises's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.224/131.7762*131.7762
=30.224

Current CPI (Mar. 2024) = 131.7762.

Flanigan'S Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.104 100.560 11.930
201409 9.793 100.428 12.850
201412 10.421 99.070 13.861
201503 12.432 99.621 16.445
201506 12.391 100.684 16.217
201509 12.769 100.392 16.761
201512 13.465 99.792 17.781
201603 13.427 100.470 17.611
201606 13.857 101.688 17.957
201609 14.062 101.861 18.192
201612 15.300 101.863 19.793
201703 15.430 102.862 19.767
201706 15.091 103.349 19.242
201709 14.436 104.136 18.268
201712 14.822 104.011 18.779
201803 14.632 105.290 18.313
201806 15.924 106.317 19.737
201809 16.227 106.507 20.077
201812 16.995 105.998 21.128
201903 17.349 107.251 21.316
201906 17.810 108.070 21.717
201909 18.721 108.329 22.773
201912 18.795 108.420 22.844
202003 19.215 108.902 23.251
202006 18.637 108.767 22.580
202009 18.011 109.815 21.613
202012 17.783 109.897 21.323
202103 19.281 111.754 22.735
202106 22.266 114.631 25.596
202109 23.422 115.734 26.669
202112 25.131 117.630 28.153
202203 25.686 121.301 27.904
202206 27.696 125.017 29.193
202209 30.251 125.227 31.833
202212 28.591 125.222 30.088
202303 29.241 127.348 30.258
202306 29.278 128.729 29.971
202309 29.857 129.860 30.298
202312 29.107 129.419 29.637
202403 30.224 131.776 30.224

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.


Flanigan'S Enterprises  (FRA:0DY) 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.


Flanigan'S Enterprises Cyclically Adjusted PB Ratio Related Terms

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


Flanigan'S Enterprises (FRA:0DY) Business Description

Traded in Other Exchanges
Address
5059 N.E. 18th Avenue, Fort Lauderdale, FL, USA, 33334
Flanigan'S Enterprises Inc operates as a chain of small cocktail lounges and packages liquor stores throughout South Florida. Its menu consists of a wide variety of options including prime rib, steaks, pasta, entree salads, burgers, a variety of sandwiches, and oversized signature desserts. The business activity is principally conducted in two segments namely Restaurant and Package liquor store segment. Its Restaurant segment offers alcoholic beverages and full food service and Package stores consist of retail liquor sales and related items. The company generates maximum revenue from Restaurant segment.

Flanigan'S Enterprises (FRA:0DY) Headlines

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