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Firm Capital Mortgage Investment (FRA:74X) Cyclically Adjusted PB Ratio : 0.94 (As of Jun. 02, 2025)


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What is Firm Capital Mortgage Investment Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Firm Capital Mortgage Investment's current share price is €7.75. Firm Capital Mortgage Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €8.22. Firm Capital Mortgage Investment's Cyclically Adjusted PB Ratio for today is 0.94.

The historical rank and industry rank for Firm Capital Mortgage Investment's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:74X' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.98   Max: 1.41
Current: 0.94

During the past years, Firm Capital Mortgage Investment's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.75. And the median was 0.98.

FRA:74X's Cyclically Adjusted PB Ratio is ranked better than
54.98% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs FRA:74X: 0.94

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.

Firm Capital Mortgage Investment's adjusted book value per share data for the three months ended in Mar. 2025 was €7.451. 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 €8.22 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Firm Capital Mortgage Investment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Firm Capital Mortgage Investment'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.

Firm Capital Mortgage Investment Cyclically Adjusted PB Ratio Chart

Firm Capital Mortgage Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.22 0.86 0.85 0.93

Firm Capital Mortgage Investment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.89 0.85 0.90 0.93 0.92

Competitive Comparison of Firm Capital Mortgage Investment's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Firm Capital Mortgage Investment'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.


Firm Capital Mortgage Investment's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firm Capital Mortgage Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Firm Capital Mortgage Investment's Cyclically Adjusted PB Ratio falls into.


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Firm Capital Mortgage Investment 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.

Firm Capital Mortgage Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.75/8.22
=0.94

* 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.

Firm Capital Mortgage Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Firm Capital Mortgage Investment's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.451/129.1809*129.1809
=7.451

Current CPI (Mar. 2025) = 129.1809.

Firm Capital Mortgage Investment Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.481 100.500 9.616
201509 6.983 100.421 8.983
201512 6.969 99.947 9.007
201603 7.089 101.054 9.062
201606 7.329 102.002 9.282
201609 7.228 101.765 9.175
201612 7.552 101.449 9.616
201703 7.606 102.634 9.573
201706 7.294 103.029 9.145
201709 7.498 103.345 9.373
201712 7.212 103.345 9.015
201803 6.843 105.004 8.419
201806 7.131 105.557 8.727
201809 7.209 105.636 8.816
201812 7.159 105.399 8.774
201903 7.321 106.979 8.840
201906 7.385 107.690 8.859
201909 7.631 107.611 9.161
201912 7.571 107.769 9.075
202003 7.193 107.927 8.609
202006 7.274 108.401 8.668
202009 7.126 108.164 8.511
202012 7.144 108.559 8.501
202103 7.442 110.298 8.716
202106 7.575 111.720 8.759
202109 7.550 112.905 8.638
202112 7.872 113.774 8.938
202203 8.271 117.646 9.082
202206 8.524 120.806 9.115
202209 8.763 120.648 9.383
202212 8.041 120.964 8.587
202303 7.912 122.702 8.330
202306 8.062 124.203 8.385
202309 8.047 125.230 8.301
202312 7.911 125.072 8.171
202403 7.877 126.258 8.059
202406 7.865 127.522 7.967
202409 7.694 127.285 7.809
202412 7.726 127.364 7.836
202503 7.451 129.181 7.451

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.


Firm Capital Mortgage Investment  (FRA:74X) 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.


Firm Capital Mortgage Investment Cyclically Adjusted PB Ratio Related Terms

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


Firm Capital Mortgage Investment Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors. Also, it provides loan servicing, asset management, and related investment services. The company's revenue comprises Interest and fee income and commission fees arising from Canada and United States.

Firm Capital Mortgage Investment Headlines

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