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Freedom Energy (FRA:B1H2) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Freedom Energy Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freedom Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Freedom Energy'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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Freedom Energy Cyclically Adjusted PB Ratio Chart

Freedom Energy Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted PB Ratio
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Freedom Energy Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Freedom Energy's Cyclically Adjusted PB Ratio

For the Coking Coal subindustry, Freedom Energy'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.


Freedom Energy's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Freedom Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Freedom Energy 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.

Freedom Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Freedom Energy's adjusted Book Value per Share data for the three months ended in Dec. 2018 was:

Adj_Book=Book Value per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=-0.018/105.3990*105.3990
=-0.018

Current CPI (Dec. 2018) = 105.3990.

Freedom Energy Quarterly Data

Book Value per Share CPI Adj_Book
200903 1.364 90.071 1.596
200906 1.168 90.940 1.354
200909 0.979 90.624 1.139
200912 0.924 90.703 1.074
201003 1.076 91.335 1.242
201006 0.844 91.809 0.969
201009 0.644 92.362 0.735
201012 0.573 92.836 0.651
201103 -0.147 94.338 -0.164
201106 -0.099 94.654 -0.110
201109 0.697 95.286 0.771
201112 0.612 94.970 0.679
201203 0.501 96.155 0.549
201206 0.156 96.076 0.171
201209 0.096 96.392 0.105
201212 -0.013 95.760 -0.014
201303 -0.050 97.103 -0.054
201306 -0.007 97.182 -0.008
201309 -0.038 97.419 -0.041
201312 -0.055 96.945 -0.060
201403 -0.026 98.604 -0.028
201406 -0.071 99.473 -0.075
201409 0.000 99.394 0.000
201412 -0.104 98.367 -0.111
201503 -0.099 99.789 -0.105
201506 -0.112 100.500 -0.117
201509 -0.115 100.421 -0.121
201512 -0.125 99.947 -0.132
201603 -0.047 101.054 -0.049
201606 -0.041 102.002 -0.042
201609 -0.037 101.765 -0.038
201612 -0.010 101.449 -0.010
201703 -0.002 102.634 -0.002
201706 -0.006 103.029 -0.006
201709 -0.003 103.345 -0.003
201712 -0.003 103.345 -0.003
201803 -0.015 105.004 -0.015
201806 -0.017 105.557 -0.017
201809 -0.018 105.636 -0.018
201812 -0.018 105.399 -0.018

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.


Freedom Energy  (FRA:B1H2) 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.


Freedom Energy Cyclically Adjusted PB Ratio Related Terms

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Freedom Energy (FRA:B1H2) Business Description

Industry
Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 315, Vancouver, BC, CAN, V6C 3N6
Freedom Energy Inc is an exploration stage junior mining company. It is engaged in the exploration, evaluation, and development of metallurgical coal, and oil and gas projects in North America. It also holds an interest in Good Hope gold property. The firm operates through one segment that is Exploration and Evaluation of mineral property interests.

Freedom Energy (FRA:B1H2) Headlines

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