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Fobi Ai (FRA:WMV) Cyclically Adjusted PB Ratio : 3.50 (As of Jun. 19, 2024)


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What is Fobi Ai Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Fobi Ai's current share price is €0.035. Fobi Ai's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.01. Fobi Ai's Cyclically Adjusted PB Ratio for today is 3.50.

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

FRA:WMV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.62   Med: 20.25   Max: 69.5
Current: 10.48

During the past years, Fobi Ai's highest Cyclically Adjusted PB Ratio was 69.50. The lowest was 5.62. And the median was 20.25.

FRA:WMV's Cyclically Adjusted PB Ratio is ranked worse than
89.12% of 1425 companies
in the Software industry
Industry Median: 2.5 vs FRA:WMV: 10.48

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.

Fobi Ai's adjusted book value per share data for the three months ended in Mar. 2024 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 Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fobi Ai Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fobi Ai'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.

Fobi Ai Cyclically Adjusted PB Ratio Chart

Fobi Ai Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.28 6.91 17.74 20.91

Fobi Ai 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 30.48 20.91 20.19 13.63 11.18

Competitive Comparison of Fobi Ai's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Fobi Ai'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.


Fobi Ai's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Fobi Ai's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fobi Ai 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.

Fobi Ai's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.035/0.01
=3.50

* 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.

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

For example, Fobi Ai'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)
=0.008/126.2576*126.2576
=0.008

Current CPI (Mar. 2024) = 126.2576.

Fobi Ai Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.020 99.473 0.025
201409 0.013 99.394 0.017
201412 0.014 98.367 0.018
201503 0.012 99.789 0.015
201506 0.008 100.500 0.010
201509 0.001 100.421 0.001
201512 0.000 99.947 0.000
201603 -0.001 101.054 -0.001
201606 0.036 102.002 0.045
201609 0.001 101.765 0.001
201612 -0.009 101.449 -0.011
201703 -0.010 102.634 -0.012
201706 -0.013 103.029 -0.016
201709 -0.015 103.345 -0.018
201712 -0.016 103.345 -0.020
201803 -0.017 105.004 -0.020
201806 -0.020 105.557 -0.024
201809 -0.027 105.636 -0.032
201812 -0.030 105.399 -0.036
201903 -0.034 106.979 -0.040
201906 -0.017 107.690 -0.020
201909 -0.017 107.611 -0.020
201912 -0.023 107.769 -0.027
202003 -0.011 107.927 -0.013
202006 -0.009 108.401 -0.010
202009 -0.001 108.164 -0.001
202012 0.012 108.559 0.014
202103 0.012 110.298 0.014
202106 0.054 111.720 0.061
202109 0.052 112.905 0.058
202112 0.063 113.774 0.070
202203 0.052 117.646 0.056
202206 0.032 120.806 0.033
202209 0.028 120.648 0.029
202212 0.020 120.964 0.021
202303 0.019 122.702 0.020
202306 0.011 124.203 0.011
202309 0.008 125.230 0.008
202312 0.004 125.072 0.004
202403 0.008 126.258 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.


Fobi Ai  (FRA:WMV) 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.


Fobi Ai Cyclically Adjusted PB Ratio Related Terms

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


Fobi Ai (FRA:WMV) Business Description

Industry
Traded in Other Exchanges
Address
541 Howe Street, Unit 2F, Vancouver, BC, CAN, V6C 2C2
Fobi Ai Inc is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. The Company operates in one operating segment, being the technology segment wherein it earns revenues from directly selling software as a service, reselling, referring and licensing its technology to licensors. Its IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating scalable solutions for clients across the world. The company operates globally in the retail, telecom, sports and entertainment, casino gaming, and hospitality and tourism industries. It operates in North America and Europe.

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